Remove Acquisition Remove Business Model Remove Forecast Remove Product Development
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Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

Sloan put in place GM’s management accounting system (also borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals. But not for Durant.

Michigan 296
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A budget discussion with an entrepreneur - Startups and angels.

Tim Keane

In other words, if you are forecasting 100 orders in the next quarter, at $10,000 each, I’d ask how many potential orders there are in the market, whether there is any existing competitive experience, and how you derived your timing. This takes a lot of risk out of the business process. What it will cost? What it will cost?

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I’ve seen the Promised Land. And I might not get there with you.

Steve Blank

The good news is this team found a business model, product/market fit and a repeatable sales model. What makes the current evaluation hard is that is based not on an assessment of what they have done, but on a forecast of what they are capable of becoming. Take the Money and Let Someone Else Sort it Out.

Agile 120
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Why You Should Stop Worrying About Raising VC Money for Your Tech Startup

Up and Running

enabling you to expand on an already working business model), and if you’re in the extremely early stages of building your company, you still need to develop your product. Product development. When it comes to product development and marketing in the early stages of your tech startup, funding is optional.

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CXL Live 2019 Recap: Takeaways from Every Speaker

ConversionXL

What to do with AI: Predict churn ; Identify which offers to send to an individual; Accelerate innovation; Personalize content; Account-based marketing ; Algorithmic attribution; Forecast future lift; Predict blame. Invites went up 50%; 35% lift in referral acquisition. They are too busy disrupting.