Board Effect

FEBRUARY 27, 2024

Tech-enabled strategy: Use BoardEffect’s dynamic meeting book management to easily (and definitively) put board diversity on the agenda for an upcoming board meeting. If they’re vastly different, and your survey results indicate that your members and others in the community don’t recognize a diverse board.

Technical Review 52

Technical Review Technology Advisory Board Leadership 52

Startup Professionals Musings

DECEMBER 11, 2010

But there are some things that DEFINITELY come with other people’s money. Many startups have an advisory board of sympathetic people with industry expertise, or people who enjoy mentoring, or people who donate a few services on the come. All problems will go away. They’re new and different problems.

Advisory Board 233

Advisory Board Cofounder Phoenix Arizona 233

YoungUpstarts

JANUARY 10, 2016

At the same time, enterprises today can leverage the cloud to make faster, more efficient software changes; use social media to connect with customers; deploy predictive analytics to determine what their customers will want and connect and control devices via a central point with the Internet of Things (IoT).

Customer 100

Customer Advisory Board Asia Internet 100

YoungUpstarts

JANUARY 17, 2016

How they think and feel; their sense of community; and their appetite to share their opinions are all creating new paradigms for how any business, regardless of size, connects with its customers. According to our research, millennials ardently avoid calling customer service. Old school customer service rules haven’t changed.

Customer 100

Customer Singapore Advisory Board Asia 100

Up and Running

MAY 20, 2014

Data is changing the way that businesses operate, and most of the start-ups that I see achieving success are highly reliant on customer analytics. While data science is still a nascent field, knowing basic calculus and statistics and learning how they are applied to modeling and forecasting changed the way I think about customers.

Entrepreneur 88

Entrepreneur Advisory Board Silicon Valley New York 88

Duct Tape Marketing

APRIL 11, 2022

Running a business is hard But with a good referral program it doesn't have to be As a small business owner you are probably thinking about helping your current customer or trying to figure out how to increase sales. As a business owner myself, I know you just want your customers to be happy with their purchases.

Programming 87

Programming Small Business Advisory Board B2B 87

Startup Professionals Musings

SEPTEMBER 5, 2018

Is this the definition of success you want to experience? For example, I was on the Advisory Board of a small company whose founder was killing his health through overwork, even though he felt high focused. Focus on satisfying your ideal and best customers.

Advisory Board 152

Advisory Board Non-Compete Dilution .Net 152

Steve Blank

JUNE 23, 2021

For example, life sciences versus commercial applications have radically different reimbursement, regulatory, clinical trials, scientific advisory boards, demand creation, etc. Remote Discovery – As the pandemic forced teaching remotely, we’ve learned that customer discovery is actually more efficient using video conferencing.

Lean 299

Lean Technology Artificial Inteligence Intellectual Property 299

Steve Blank

JULY 29, 2013

Here are my definitions. 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.). Customer Development Family/Career/Culture'

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

Austin Startup

MAY 29, 2019

In contrast, our definition of social commerce meant social media, or word of mouth, applied in a commerce environment. for example, check out The Entrepreneur’s Essentials #14: Selling to the “Cool Kids” , and I suggest hiring some great evangelists as full-time and part-time employees and also as Advisory Board members?—?check

Networking 48

Networking Fractional CTO CTO Hire B2C 48

David Teten

SEPTEMBER 5, 2014

They come from every background and geography imaginable – an operator who could be a customer, a potential user who can provide feedback on an offering, a policy specialist who can explain a regulatory process. It’s definitely true that industry leaders, established professionals, want to be a part of new, innovative companies.

New York 114

New York Technical Review Networking Advisory Board 114

The Startup Magazine

MAY 28, 2019

Embargo is the brainchild of co-founders; Tsewang Wangkang, Nik von Solodkoff and Frederick Szydlowski which created quite a trio linking their finance, hospitality and IT background to solve a problem all three had experienced themselves – the huge disconnect between customers and venues in the bar, restaurant and coffee shop scene.

Advisory Board 90

Advisory Board Angel Investor Startup Cofounder 90

Hearpreneur

APRIL 12, 2019

It might be the products or the customers they deal with, or it could even be the fact that they are the ones in charge of it all. When you start a business you definitely wont know everything. Different business owners also have different reason why they love their business. The reasons are as varied as the businesses themselves.

Entrepreneur 128

Entrepreneur St. Louis Florida Colorado 128

Startup Professionals Musings

JULY 22, 2016

In reality, that’s the definition of a successful startup these days, so every aspiring entrepreneur should take note, as well as every existing corporate executive. These could include customer penetration, revenue growth, budget guidelines, and industry visibility. It takes the right people to make a breakthrough happen.

Intellectual Property 120

Intellectual Property Advisory Board Metrics Leadership 120

A Smart Bear: Startups and Marketing for Geeks

SEPTEMBER 4, 2012

So Leon and I have met numerous times, about marketing strategy and the music one is that developed after Chicago became a customer. He’s a conduit to it and first of all he’s a perfect customer for this. I think there’s definitely places. Dan: Ramit. Jason: Ramit. Jason: That’s a long time.

Cofounder 199

Cofounder Technical Review Chicago Technical Cofounder 199

Startup Professionals Musings

AUGUST 13, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Austin Startup

FEBRUARY 23, 2019

We look at how much value a gram of quantum dots will bring to the customer, and how big is that addressable market opportunity. However, you definitely must have efficient energy generation embedded into the façade of the building in order to get anywhere close to net-zero. That’s what led us to agriculture.

Technical Review 54

Technical Review Startup Harvest Advisory Board 54

crowdSPRING Blog

FEBRUARY 28, 2019

Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. For example, in our definitive guide on how to start a successful clothing brand or clothing line , we suggest that aspiring apparel entrepreneurs choose their niche too. Real Estate.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

Startup Professionals Musings

MAY 13, 2011

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

This is going to be BIG.

MARCH 19, 2018

Advisory boards are also a great way to rope people in that you probably have no business getting on boards. If you're a consumer product, make it about world class customer experience, etc. This is something they do all the time in a variety of ways. The key is to make them about something bigger than just your company.

Advisory Board 68

Advisory Board Startup Operations Hiring 68

steveblank.com

JULY 8, 2011

signup, upgrade, trial pricing Zuora – online subscription management FeeFighters – find the cheapest credit card processors HealPay – Collections made easy Customer Support Tender – support, knowledgebase tool for your site GetSatisfaction - conversations between companies / customers.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Gust

AUGUST 5, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Lessons Learned

JULY 29, 2009

Unfortunately, customers hated that initial product. Unfortunately, we made two critically flawed assumptions: that customers would primarily consume first-party assets that we shipped to them on CD and that they would tend to congregate in a relatively uniform way. How likely will customers ultimately use that feature?

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Austin Startup

MAY 19, 2018

When founders get told to “come back when you have X customer or N revenue”, sure some of them will, but probably not the ones you’d really want to invest in. If you made even a single promise (hopefully you wrote it down because the founder definitely remembers it) execute on it FAST and keep the founder in the loop.

Founder 75

Founder Early Stage Software Review Deal Flow 75

Startup Lessons Learned

OCTOBER 11, 2009

The larger-account division wanted to move the pricing in just the other direction – making the low-end products more expensive, so their large customers would have an increased incentive to upgrade. Many custom reports had been created for this meeting, and the data warehouse team was in the meeting, too.

San Francisco 133

San Francisco Lean Metrics Continuous Deployment 133

Startup Professionals Musings

APRIL 22, 2010

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Lessons Learned

OCTOBER 23, 2009

Lessons Learned by Eric Ries Friday, October 23, 2009 Case Study: Using an LOI to get customer feedback on a minimum viable product How much work should you do on a new product before involving customers? But other times, the right way to learn is actually to show a product prototype to customers one-on-one.

San Francisco 144

San Francisco Customer Wiki Lean 144

David Teten

NOVEMBER 17, 2011

It’s very powerful to have a model that you can email to everyone in the firm, because then everyone sees clearly that you’re communicating the exact same message to the whole team (including outside consultants and the advisory board, if any).

Employee 155

Employee IRR Startup Mexico 155

www.vccafe.com

MARCH 11, 2013

Steve Blank on Lean Customer Development. Customer service. Google Custom Search Engine. Customer Relationship Management. great web customer acquisition tutorials. customer retention, churn reduction, lifetime value. free/cheap web customer relationship mgmt software. Codeacademy. Steve Blank.

Software Review 53

Software Review Technical Review Startup 53

www.startupcfo.ca

MARCH 16, 2012

Product definition, development and customer acquisition happen every day. Some other thoughts on this: Active advisors can play a role : Many startups put together “ advisory boards ” filled with people who have a sprinkle of options and provide no value. It can be more challenging for core areas.

Hiring 41

Hiring Advisory Board Stock Options Finance 41

Duct Tape Marketing

SEPTEMBER 9, 2022

Talked about the, the idea of getting your customers, your prospects in the habit of buying from you or listening to you or following you habit based marketing, download, nudge, wherever you get your podcasts. (00:47): There was some definite challenges and in the end, the company got acquired and it was a good outcome.

Startup 86

Startup Cofounder Early Stage Founder 86

Startup Lessons Learned

OCTOBER 19, 2009

Unfortunately, after months or even years of development, many companies discover that customers arent willing to buy their new wares. It isnt until a customer actually clicks or calls to place an order that TPGTEXs developers will build the software. "We The biggest is the confusion over why this tactic is useful.

San Francisco 137

San Francisco Product Lean Continuous Deployment 137

crowdSPRING Blog

MARCH 14, 2019

Make sure you set up your real estate business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. In our definitive guide on how to start a small business , we suggest that aspiring entrepreneurs choose a niche for the best chance at success. How to set your brand voice.

Business Plan 79

Business Plan Limited Liability Company Small Business Sales 79

SoCal CTO

OCTOBER 5, 2010

Advisory Board. Sean Murphy on the first dozen enterprise customers - Gabriel Weinberg , September 8, 2010 I recently did a Traction Book interview with Sean Murphy who runs a boutique cutomer development firm in Silicon Valley. We discussed (for ~1hr) how to approach getting the first set of enterprise customers.

Technology 191

Technology Product San Francisco CTO Hire 191

thestartuplawyer.com

FEBRUARY 24, 2010

Startup legal advice is hard to come by, and you're definitely providing some valuable info. Startup legal advice is hard to come by, and you're definitely providing some valuable info. He obviously never launched a startup and got shafted by a co-founder. Leave a Reply Click here to cancel reply.

Cofounder 40

Cofounder Founder Preferred Stock Startup 40

www.rocketwatcher.com

NOVEMBER 8, 2010

And you are right – the definition of what is what matters a lot. I’m going through this process right now in that because of our process I can’t pull the data directly from salesforce or our marketing automation tool so we have to do a certain amount by hand which introduces a bunch of inaccurate data.

B2B 42

B2B Metrics Marketing Startup 42