Remove 2013 Remove Advisory Board Remove Cost Remove Vertical
article thumbnail

Best of Breed

thebarefootvc

These vertical solutions would focus on specific pain pain points in the enterprise, such as logistics or customer relationship management. Fast forward to 2013. Client-server has moved to the cloud (dramatically decreasing the cost of software development and deployment), and mobile apps are everywhere.

article thumbnail

5 Key Tests When Assessing Your Business Idea

YoungUpstarts

Additionally, they do not currently have a solution – or it is being solved in a much less efficient or cost-effective way. (2) Can you build layers of competitive advantage, like switching costs? First, build an advisory board. 2) The Sustainable Competitive Advantage Test. 3) The Intersection Test.

article thumbnail

The Entrepreneur’s Essentials #14: Selling to the “Cool Kids”

Austin Startup

As I’ve helped entrepreneurs find their own product-market fit and connected them to potential clients, investors, and Advisory Board members, I’ve spent a lot of time telling them about the “cool kids”. 16 and 23, 2013. Opportunity cost is very real for any stage company, but it is critical for an early-stage one.