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How Do You Select A Revenue Model For Your Startup?

Gust

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? It’s great for customers, but not for startups, unless you have deep pockets. Freemium model.

Revenue 184
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These 10 Key Elements Make a Business Plan Fundable

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Clearly define the customer, channel, and revenue model associated with this solution. In this section, you need to be passionate about revenue, profit, and volume growth. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy.

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Red Flags To Avoid When Talking About Competitors

Gust

“We plan to offer it for free, and live off advertising revenue.” Free is a good short-term Internet strategy, if you have $50 million to spend on viral marketing to get your page-views up to the million per month needed for significant advertising revenue. Our patent will protect us.”

Viral 98
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The Cost Equation for a Startup is Better Than Ever

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Founders now routinely use their home to operate their startup until they are well into the revenue phase. Use the Internet and social networking instead of public relations companies and advertising agencies. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 139
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Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Sales contracts accounting for significant revenue. In the case of revenue contracts, they help pay for the related legal work. Employment handbooks and policies. Website terms of use and privacy policies. Office and equipment leases. Strategic partnership or distribution agreements.