Startup Professionals Musings

OCTOBER 9, 2023

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. Test your channel and support strategy. Look for feedback on how to make it a better fit. Here again is your chance to make pivots for almost no cost.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Startup Professionals Musings

APRIL 12, 2010

Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Too many startups simply follow the standard distribution channels, use standard pricing, and count on their one extra feature to give them the market. Marketing is done in fits and starts.

Advisory Board 125

Advisory Board Startup Forecast Early Stage 125

Startup Professionals Musings

JANUARY 30, 2021

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. Test your channel and support strategy. Look for feedback on how to make it a better fit. Here again is your chance to make pivots for almost no cost.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

Steve Blank

JUNE 6, 2016

A thought leader in the area of big data analytics, social media, optimization, machine learning, and data mining, he also served as a Venture Advisor focusing on big-data analytics at Trident Capital , and was on the advisory board of several startups. . Tune in Thursday at 1 pm PT, 4 pm ET on Sirius XM Channel 111.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Startup Professionals Musings

AUGUST 4, 2013

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 235

Business Model Product Advisory Board Angel Investor 235

Startup Professionals Musings

JUNE 30, 2012

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Austin Startup

JUNE 24, 2018

Public voting makes up one-third of the scheduling decision-power (with the PanelPicker team and the SXSW Advisory Board covering the other two-thirds). Utilize social media , the office Slack (while refraining from the infamous @channel), and your friends and family. Now is your chance to promote your talk.

Artificial Inteligence 67

Artificial Inteligence Advisory Board Audience Technical Review 67

Startup Professionals Musings

APRIL 15, 2011

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 234

Business Model Advisory Board Startup Angel Investor 234

Startup Professionals Musings

JUNE 22, 2016

Build an inside advisory board of influencers and experts. If Bill Gates has agreed to be on the board of your software startup, that’s major traction, even with no paying customers. It’s never too early to build relationships with industry analysts, influential bloggers and the media, and show how these have grown over time.

Metrics 143

Metrics Advisory Board Startup Lean 143

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

David Teten

SEPTEMBER 5, 2014

Those interactions vary – from mentorship and product feedback to learning about unmet needs in a market or understanding whether a sales channel is worth pursuing. In some cases, that relationship grows into something more than conversation – like joining an advisory board, investing, partnering, or even joining the team.

New York 114

New York Technical Review Networking Advisory Board 114

OnlyOnce

JULY 9, 2013

Chapter 2: Defining and Testing the Story…Start Out By Admitting You’re Wrong, A Lean Business Plan Template, Problem, Solution, Key Metrics, Unique Value Proposition and Unfair Advantages, Channels, Customer Segments, Cost Structure and Revenue Streams. Chapter 3: Telling the Story to Your Investors…The Business Plan is Dead.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

FEBRUARY 13, 2016

You need to identify pricing details, sales channels, strategic partners and a customized marketing plan consistent with your industry and target segment. Include advisory board member qualifications and key industry connections. What are your specific marketing and sales plans? Highlight elements of traction you already have.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Steve Blank

AUGUST 27, 2012

He should make sure that there aren’t other parts of the business model (revenue model, pricing, partners, channel, etc.) Finally, I suggested that he find someone he respects on his advisory board, who he was comfortable brainstorming with and would tell him when he has a bad idea. Find a Brainstorm Buddy.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

YoungUpstarts

JANUARY 10, 2016

Customers now interact with brands through multiple communication channels and devices. Simon is also an independent company director and has served on a number of advisory boards with technology focused companies in early stage (A or B) funding. Increasing Emphasis on the Customer.

Customer 100

Customer Advisory Board Asia Internet 100

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 5, 2010

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side is the easy part. Limited rollout.

Business Model 120

Business Model Advisory Board Angel Investor Channel 120

YoungUpstarts

JANUARY 17, 2016

Instead, Facebook is the most popular social channel for customer service questions and is used twice as often as Twitter, which is the second most-used social media site. Simon is also an independent company director and has served on a number of advisory boards with technology focused companies in early stage (A or B) funding.

Customer 100

Customer Singapore Advisory Board Asia 100

Startup Lessons Learned

OCTOBER 4, 2008

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Without those open and yet expert-filled channels, it might have taken me many years more to correct my naivety and fill out my understanding of core topics.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

FEBRUARY 12, 2015

You’ll realize you’re ready to exit the Search step when you have customer validation: You’ve found a sales channel that matches how the customer wants to buy and the costs of using that channel are understood. If he already had an advisory board (formal and/or informal), add CEO’s who have been through this phase.

Startup 120

Startup Lean Venture Capital Advisory Board 120

Austin Startup

FEBRUARY 27, 2019

I had a hunch that LinkedIn had the potential to be a valuable channel, especially for startups like us (and our startups. That’s what I wrote on page six of a fresh Sputnik notebook, under a list of marketing goals back in December. meta) who market to businesses. But, my millennial brain was used to Instagram.

Advisory Board 48

Advisory Board Marketing Social Media B2B 48

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

David Teten

JANUARY 23, 2021

The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. I recommend side-channel at virtual conferences. Disclosure: Blue Future Partners is a member of the Advisory Board of ff Venture Capital , where I was formerly a Partner. Lastly, gather feedback.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Startup Professionals Musings

OCTOBER 17, 2018

Assemble a credible inside advisory board and partners. These would include cost of customer acquisition, cost of leads, sales channel, cost of goods, and pricing strategy. Relationships with recognized and influential bloggers, relevant media, and industry analysts are priceless.

Advisory Board 199

Advisory Board Technical Review Metrics Business Model 199

Steve Blank

SEPTEMBER 30, 2015

That was the message from the latest guests on Entrepreneurs are Everywhere , my radio show on Sirius XM Channel 111. Entrepreneurs are Everywhere airs Thursdays at 1 pm Pacific, 4 pm Eastern on Sirius XM Channel 111. What do you do with an advisory board?” Dave Lerner.

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Startup Professionals Musings

FEBRUARY 7, 2015

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. Test your channel and support strategy. Look for feedback on how to make it a better fit. Here again is your chance to make pivots for almost no cost.

Business Model 120

Business Model Technical Review Advisory Board Software Review 120

Steve Blank

OCTOBER 11, 2016

13, at 1 pm PT, 4 pm ET on Sirius XM Channel 111 to hear these upcoming guests on Entrepreneurs are Everywhere : George Zimmer , founder of Men’s Wearhouse and now founder, chairman and CEO of Generation Tux ; and Scott Adams , creator of Dilbert. How could I build a solution that would address those points? Tune in Thursday, Oct.

Columbus 245

Columbus Entrepreneur Ohio Cofounder 245

The Startup Toolkit

AUGUST 29, 2012

Those numbers get completely thrown out when the advisor is your distribution channel. Don’t rush to “fill” your advisory board. 2% seems to be normal, trending toward the high end if you’re pre-funding and the low end if you’ve already raised a decent round[1]. 2] Don’t quote me on this!

Equity 46

Equity Vesting Advisory Board Merger 46

Feld Thoughts

FEBRUARY 28, 2023

This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). Since the attractiveness of investments is also largely related to exit channels, this aspect affects the availability of capital and company valuation at every stage.

Germany 165

Germany Liquidation Preference Option Pool Advisory Board 165

Steve Blank

OCTOBER 11, 2016

13, at 1 pm PT, 4 pm ET on Sirius XM Channel 111 to hear these upcoming guests on Entrepreneurs are Everywhere : George Zimmer , founder of Men’s Wearhouse and now founder, chairman and CEO of Generation Tux ; and Scott Adams , creator of Dilbert. How could I build a solution that would address those points? Tune in Thursday, Oct.

Columbus 120

Columbus Entrepreneur Ohio Cofounder 120

pandodaily.com

JULY 18, 2012

It’s started by Marc Ruxin , a former A&R man for EMI Records who has been on a million advisory boards in the Valley and had several jobs in and around pop culture. . “Kids wouldn’t have had the connections to sell prints from Milton Glaser on day one.” Great Article. off topic.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

Duct Tape Marketing

AUGUST 2, 2023

Check out JP’s Youtube Channel. This also goes to being a business advisor or advisory board member, or even a consultant. Do you have instances where you’ve maybe done all of those and what maybe are the pitfalls or upside to those different approaches? Like this show?

Marketing 54

Marketing Social Media Business Model Advisory Board 54

Duct Tape Marketing

SEPTEMBER 9, 2022

Semrush is your one stop shop for online marketing build, manage and measure campaigns across all channels faster and easier. Like that's a useful sort of way to wander into creating a formal board with the nuance that if you create something like an advisory board, be serious about it. And that's fine. Get Semrush.

Startup 86

Startup Cofounder Early Stage Founder 86

Steve Blank

JULY 29, 2013

(However, in some industries such as life sciences, founders may be tenured professors who are not going to give up their faculty positions, so they often become the head of a startup’s scientific advisory board, but aren’t part of the founding team.). A couple of caveats about founders with “ideas.” FIgure out who you are.

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

Startup Professionals Musings

JANUARY 5, 2018

The reality is that successful businesses these days require an equally elegant business model, with the right marketing, delivery channel, price, and target customers, to get real traction. Finalize your channel and marketing strategy. Look for feedback on how to make it a better fit.

Product 137

Product Advisory Board Business Model Cofounder 137

Occam's Razor

JANUARY 20, 2010

Why not start a YouTube channel with a series of how-to videos? Identifying what are the top referring keywords for any site that I am interested in: Above data for www.clickequations.com (the paid search analytics company I am on the advisory board of). Why not, : ), start a blog?

Analytics 90

Analytics Search SEO Metrics 90