Startup Professionals Musings

OCTOBER 30, 2020

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Becoming an entrepreneur is actually a commitment to a new lifestyle, certainly very exciting, but also facing many unknowns and risks.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Jason looks at the issues around "sunk cost."

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even. It’s time for a new startup model.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Startup Professionals Musings

AUGUST 13, 2022

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Wessel measures a 39% acquisition advantage to being in-state. get the attention of the market they choose. billion dollar sale to Oracle from Bozeman, Montana.

Las Vegas 309

Las Vegas Silicon Valley Arizona Montana 309

Hearpreneur

JUNE 16, 2023

In this article, entrepreneurs from various industries share their economic outlook, offering valuable insights into the current business landscape. #1- And while retaining an existing customer costs 5x less than acquiring a new one, retaining valued employees is more cost-effective than recruiting new talent.

Artificial Inteligence 84

Artificial Inteligence Entrepreneur Retention Technical Review 84

ConversionXL

NOVEMBER 10, 2021

Use content advertising to fight rising costs. Here’s Proquo’s lead generation landing page: By doing this, they’re able to progress prospects through the funnel more quickly, reducing cost per acquisition. That Databricks is contributing to Entrepreneur shows they know their stuff. Grab attention. Build trust.

Advertising 131

Advertising Cost Customer PR 131

Hearpreneur

MARCH 21, 2021

We asked some entrepreneurs and business owners, why they started their businesses: #1- To do it for myself. 2- To help entrepreneurs become financially independent. 7- I was the victim of a horrible acquisition. I started my business because I was the victim of a horrible acquisition (can you name a good one?).

Entrepreneur 143

Entrepreneur Technical Review Acquisition Software Review 143

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Use multiple small orders at first.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. Many myths surround the subject of startup funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even. It’s time for a new startup model.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. One of the best ways to reduce your operating expenses is to reduce or eliminate office costs. If you take your lean startup remote, forgoing a physical office space entirely, you can cut multiple different costs simultaneously.

Lean 158

Lean Technical Review Startup Acquisition 158

Startup Professionals Musings

MARCH 15, 2023

As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. Yet the process is eerily realistic, and every entrepreneur can glean some important lessons. There is no substitute for knowing your business.

Entrepreneur 279

Entrepreneur Angel Investor Due Diligence Silicon Valley 279

Hearpreneur

DECEMBER 14, 2022

Often entrepreneurs and business owners create their New Year’s Resolutions around their businesses. We asked 30 entrepreneurs to share their business goals and what they were looking forward to in 2023. #1- Business leaders advise aspiring entrepreneurs to make sure that their brand breaks even within a year.

Entrepreneur 112

Entrepreneur Retention SEO Employee 112

Hearpreneur

JULY 17, 2020

Here’s the list of industries with the most optimist future as suggested by entrepreneurs. #1- The sustainability industry is one that is set to keep growing, creating opportunities for entrepreneurs and workers alike. One such industry is the Network Marketing, which entirely depends on customer acquisition. 1- Sustainability.

Technical Review 128

Technical Review Entrepreneur Software Review Artificial Inteligence 128

Startup Professionals Musings

NOVEMBER 8, 2021

Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” Of course, that doesn’t dilute the owner’s equity, but it may well limit you to organic growth, versus international rollouts and acquisition options.

Entrepreneur 371

Entrepreneur Equity Dilution LLC 371

YoungUpstarts

OCTOBER 21, 2012

The title of the book by Jonathan Moules, “ The Rebel Entrepreneur: Rewriting the Business Rulebook “, initially seemed like a form of tautology. Isn’t every entrepreneur a rebel by nature? It’s important for entrepreneurs to recognize that they may not be the best person to bring the business forward.

Technical Review 184

Technical Review Entrepreneur Bootstrapping Acquisition 184

Hearpreneur

JANUARY 30, 2022

So, that’s why we are excited about 2022 because there will be more and more entrepreneurs and businesses. Here are the pivots other entrepreneurs see businesses making this year: #1- More options for solo travelers. With rising costs due to inflation, more businesses are laser-focused on revenue than ever before.

Entrepreneur 124

Entrepreneur Green Technical Review Social Media 124

The Startup Magazine

MARCH 12, 2024

Now, a new chapter in aviation innovation is being written by an entrepreneur pilot that stands out as a testament to the power of perseverance and passion. As he looks back on his journey from pilot to entrepreneur, Alejandro is filled with gratitude for the opportunities he has been given and the challenges he has overcome.

Entrepreneur 148

Entrepreneur Agile Acquisition Forecast 148

Startup Professionals Musings

NOVEMBER 9, 2019

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Wessel measures a 39% acquisition advantage to being in-state. get the attention of the market they choose. billion dollar sale to Oracle from Bozeman, Montana.

Las Vegas 243

Las Vegas Silicon Valley Arizona Montana 243

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Both Sides of the Table

OCTOBER 8, 2014

” It’s the most common refrain I hear from investors and even entrepreneurs these days. He presented a system where your search results would be ranked based on companies bidding for placement and where merchants would be charged on a “cost per click” basis (CPC). “There’s something going on in LA.”

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

ReadWriteStart

MARCH 8, 2021

Every startup entrepreneur wants to see their company grow. They want to snowball their customer acquisition, attracting thousands of new people to the brand, and reach diverse new audiences in new locations. So what are the biggest barriers startup entrepreneurs experience in their route to achieve long-term growth? Or is it?

Startup 127

Startup Retention Acquisition Agile 127

Startup Professionals Musings

JULY 28, 2017

In the heat of scaling the business, it’s tempting to skip the cost and time of finding qualified job candidates, and enlist those close at hand, without paying them a competitive wage for the hard work and commitment you need. Things cost more than you expect, and cash-flow problems often are not recoverable.

Cost 180

Cost Advisory Board Entrepreneur Angel Investor 180

Startup Professionals Musings

DECEMBER 17, 2013

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. Sales is simply defined as income from customer purchases of goods and services, minus the cost associated with things like returned or undeliverable merchandise. Cost of customer acquisition.

Metrics 252

Metrics Technical Review Retention Acquisition 252

Hearpreneur

DECEMBER 11, 2020

So that’s why we are excited about 2021 because there will be more and more entrepreneurs and businesses. Here’s something other entrepreneurs look forward to:: #1- Employee engagement. As an entrepreneur, 2020 has been a big bowl of uncertainty for both myself and my clients. For us at CEO Blog Nation, we get it. 17- Pivoting.

Entrepreneur 72

Entrepreneur Employee Demand Technical Review 72

Hearpreneur

JANUARY 19, 2022

We asked entrepreneurs and business owners about the pivot they are making as a result of the pandemic and here are the responses: #1- Social media marketing. Especially during challenging times, retention is significantly more crucial than acquisition. We redesigned our organization to take advantage of lower labor costs.

Entrepreneur 119

Entrepreneur Metrics Technical Review North America 119

ConversionXL

FEBRUARY 3, 2022

500 Startups founder and entrepreneur Dave McClure created this model as a way for growth hackers to optimize the speed of their sales and marketing efforts in generating results. Acquisition. For each potential channel, look at: Customer acquisition cost How many customers you can reach Whether the channel reaches the right audience.

Retention 113

Retention Marketing Acquisition Channel 113

YoungUpstarts

AUGUST 30, 2016

After the acquisition, I managed the Safe Eyes team at McAfee for two years. We received an offer from McAfee to acquire our 11-year-old company. After months of due diligence and reviewing hundreds of pages of contracts, McAfee acquired InternetSafety. com for over $10 million on December 2, 2010. In the end, they laid off my entire team.

Software Review 188

Software Review Technical Review Due Diligence Startup 188

Duct Tape Marketing

FEBRUARY 3, 2022

Helping Entrepreneurs Buy And Sell Their Agencies written by John Jantsch read more at Duct Tape Marketing. Since 2015, her company, Barney, has guided over 150 media, marketing & tech companies through acquisitions. In this episode, she’s sharing how she’s helped many entrepreneurs buy and sell businesses.

Entrepreneur 78

Entrepreneur Technical Review Cofounder Valuation 78

VC Cafe

JULY 21, 2022

At Remagine Ventures we invested in Sneaky Panda , a mobile gaming studio founded by serial gaming entrepreneurs pioneering a new genre – Luck Puzzler. The games, especially mobile free-to-play, are then required to recoup the acquisition costs, typically monetising with ads (which hurts user experience) or in-app-purchases.

Forecast 190

Forecast IP Mobile Acquisition 190

Up and Running

SEPTEMBER 24, 2018

I asked my coworkers at Palo Alto Software for book recommendations for entrepreneurs to read this upcoming fall. These five books make up a fall reading list for every entrepreneur this year. It goes beyond strategy to list the concrete steps an entrepreneur can take to get their business up and running.

Entrepreneur 65

Entrepreneur Angel Investor Virginia Oregon 65

Startup Professionals Musings

APRIL 28, 2023

Entrepreneurs seem to have blinders on when looking at competitors. Beyond that, there may be a large percentage of common technology where they both need to minimize cost to gain share from the big dinosaurs who already have this advantage. Let market response dictate a later split, merger, or acquisition.

Non-Compete 262

Non-Compete Intellectual Property Merger Acquisition 262

Startup Professionals Musings

SEPTEMBER 27, 2023

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. In the U.S.,

Stock 240

Stock .Net Vesting Founder Vesting 240

Up and Running

JUNE 12, 2019

If you get to know the basics of user experience (also called customer journey ), website design, calls to action, and target audiences , you’ll improve your conversion rates and lower your cost per acquisition. Producing high-quality video content is easier than it’s ever been, and there are some relatively cost-effective options.

Marketing 109

Marketing Social Media SEO Entrepreneur 109

ReadWriteStart

FEBRUARY 1, 2022

Considering the enormous costs of hiring, training, and maintaining an entire department, staff augmentation may be the solution. Talent acquisition and retention are not difficult, but they are expensive. So, what are the factors that entrepreneurs should examine before settling on this structure? Conclusion.

Software Review 129

Software Review Technical Review Retention Acquisition 129