Remove 2010 Remove Bootstrapping Remove Customer Development Remove Revenue
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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal.

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It's a startup, not a spreadsheet

Startup Lessons Learned

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. That’s because the model is based on assumptions about customers that are totally unproven.

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Transcript of The Key to Success? Taking Care of Your Community

Duct Tape Marketing

We came together in 2010. As a bootstrap company without investors we always have to use cash flow as our development and maintenance funds. We got to thousands of customers and millions in recurring revenue. That was a company founded by Brian Gardener who is a principle here in Rainmaker Digital.

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The Ultimate Guide to Starting a Software Company

Up and Running

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. At this stage, simply list your primary revenue streams and your key expenses. At this stage, simply list your primary revenue streams and your key expenses.

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Vertical Markets 1: Bad Advice – All Startups are the Same « Steve.

Steve Blank

All teams raised their hands and screamed: we hundreds of angels and dozens of VCs, all of them say they will only fund deals with prototypes, beta customers, first revenue and executive teams all in place, and they say it will be 2 years from now because their coffers are out of cash and LPs in default. Bootstrap for years!

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Entrepreneurs are Everywhere Show No. 44: Jacqueline Ros and Christina Stembel

Steve Blank

You have to be 1000% dedicated to the mission and the problem you’re trying to solve and always be customer focused, because it is a long ride. Christina Stembel dreamed up the idea for Farmgirl Flowers in 2010 after gaining experience across a variety of industries including hospitality and event planning.