Remove Advisory Board Remove Customer Remove Metrics Remove Revenue
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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. Focus first on finding more of the right customers.

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8 Tips For Quantifying Traction In Your New Venture

Startup Professionals Musings

According to most investors I know, traction is some clear evidence that the “dogs are eating the dog food” – usually meaning that you have at least one customer paying full price for your solution. Another term often mentioned is “momentum,” or growing visibility and advocacy within your customer set.

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

In his tenure as CEO of DataSift we have never missed a monthly revenue figure. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Between Board Meetings. The Agile Board.

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Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

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The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Revenue Architecture.

Framework 127
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The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Revenue Architecture.

Framework 113
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5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. Assemble an engaged new venture advisory board.