Remove 2015 Remove Bootstrapping Remove Distribution Remove Revenue
article thumbnail

6 Keys To Proving A Viable Startup Business Model

Startup Professionals Musings

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

article thumbnail

7 Strategies To Reduce The Cost Of Finding Investors

Startup Professionals Musings

The right investor will have specific feedback on pricing models, distribution and market positioning to improve scalability. If your startup has a proven revenue model, real customers and is ready to scale, approach the best investors even if it costs you more money. Even today, more than 90 percent of new businesses are bootstrapped.

Cost 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The pioneers of Silicon Valley’s fast culture on how to grow quickly, not recklessly

Reid Hoffman

Finally, and importantly, society is better off because Amazon makes the system for distributing books (and other products) vastly more productive, freeing up resources for other value-creating investments. And yet Uber and Lyft are the market leaders, with a combined 98% of the US market , while Sidecar shut down in 2015.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. The MVP took around four months to build, during which time the company earned no revenue. They then spent the first year qualifying the product and testing out their revenue model.

article thumbnail

How to Start a Brewery

Up and Running

As of November 2015, there were 4,144 breweries in the U.S.—more Nonetheless, their 10-barrel brewery came online in December 2015, and they began pouring beer locally and in their tasting room in early 2016. “We How wide do you want to grow production and distribution, or do you want to focus on selling over your own bar?

Oregon 60
article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. The MVP took around four months to build, during which time the company earned no revenue. They then spent the first year qualifying the product and testing out their revenue model.

article thumbnail

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

There’s a lot of questions about what do you actually need in terms of information, if you’re going to do your forecasting, and how does one put together a revenue forecast if you’ve never started a business or your business is brand new. What distribution, are we using gems or are we a web? How important is that?

Lean 60