Startup Professionals Musings

JANUARY 6, 2021

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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Technical Review Technical Cofounder Advisory Board Cofounder 400

Startup Professionals Musings

JANUARY 18, 2020

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Personnel Manager.

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Advisory Board Startup Dividend Angel Investor 312

Startup Professionals Musings

NOVEMBER 26, 2022

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Investors want board seats and a vote on key decisions.

Cost 267

Cost Bootstrapping Advisory Board Startup 267

Startup Professionals Musings

DECEMBER 25, 2022

In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. Many entrepreneurs have destroyed a strategic alliance, an investor relationship, or lost a key customer by jumping in with harsh words after a bad day at home or at the office.

Technical Review 250

Technical Review Advisory Board Due Diligence Silicon Valley 250

Board Effect

FEBRUARY 27, 2024

Roughly half (49%) of nonprofit leaders say they do not have the right board members to “establish trust with the communities they serve,” according to Leading With Intent. A diverse board helps ensure that the full range of voices, perspectives, opportunities and risks are considered as the board makes key decisions.

Technical Review 52

Technical Review Technology Advisory Board Leadership 52

Startup Professionals Musings

FEBRUARY 29, 2020

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Investors want board seats and a vote on key decisions.

Bootstrapping 310

Bootstrapping Advisory Board Venture Capital Startup 310

Startup Professionals Musings

MARCH 30, 2020

In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. Many entrepreneurs have destroyed a strategic alliance, an investor relationship, or lost a key customer by jumping in with harsh words after a bad day at home or at the office.

Technical Review 314

Technical Review Advisory Board Due Diligence Silicon Valley 314

Startup Professionals Musings

NOVEMBER 1, 2014

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. Personnel Manager.

Entrepreneur 266

Entrepreneur Advisory Board Dividend Angel Investor 266

Steve Blank

JUNE 23, 2021

We just finished the 11th annual Lean LaunchPad class at Stanford — our first version focused on deep science and technology. For example, life sciences versus commercial applications have radically different reimbursement, regulatory, clinical trials, scientific advisory boards, demand creation, etc.

Lean 313

Lean Technology Artificial Inteligence Intellectual Property 313

Duct Tape Marketing

JUNE 7, 2023

She is the global customer growth and innovation evangelist at Salesforce and the Wall Street Journal bestselling author of Growth IQ. Key Takeaway: Prioritizing the employee experience alongside customer experience drives business success. 06:25] In most companies, the customer interacts with their employees. [06:25]

Employee 73

Employee Technical Review Advisory Board Sales 73

www.instigatorblog.com

MARCH 2, 2010

The Importance of Advisory Boards for Startup CEOs Tweet When a startup receives financing it will need to setup a Board of Directors. The Board probably existed beforehand, but was made up only of the founders. Mark Macleod spells it out beautifully in his post on Advisory Boards. Why wouldn’t you?

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Advisory Board Startup Cofounder Equity 40

YoungUpstarts

OCTOBER 22, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

Programming 145

Programming Customer Social Media Advisory Board 145

Steve Blank

OCTOBER 19, 2009

While the last post was titled “ You Know You’re Getting Close to Your Customers When They Offer You a Job “, this post should probably be titled, “You Know You’re Getting Close to Your Customers When You Offer Them a Job.&#

Engineer 207

Engineer Silicon Valley Part-Time VPE Advisory Board 207

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. Never discount the power of a warm intro.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

The Startup Magazine

OCTOBER 25, 2017

They identify and support high impact startups that need access to customers, mentors, training, and capital. Startups struggle to establish their value proposition , create and launch their pilots, and get first customers. Customer, staff, and operation growth present new challenges and require even greater amounts of capital.

Miami 74

Miami Technical Review Software Review Artificial Inteligence 74

Steve Blank

NOVEMBER 16, 2009

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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Customer Development Web Developer Customer 224

Startup Professionals Musings

NOVEMBER 5, 2014

In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. Many entrepreneurs have destroyed a strategic alliance, an investor relationship, or lost a key customer by jumping in with harsh words after a bad day at home or at the office.

Technical Review 274

Technical Review Entrepreneur Advisory Board Due Diligence 274

Startup Professionals Musings

MARCH 14, 2018

In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. Many entrepreneurs have destroyed a strategic alliance, an investor relationship, or lost a key customer by jumping in with harsh words after a bad day at home or at the office.

Technical Review 158

Technical Review Advisory Board Due Diligence Silicon Valley 158

Board Effect

MARCH 28, 2024

Custom workflows allow the board management software to become a project-management tool, with built-in approvals, notifications and reminders and easy linking to relevant resources. A quality solution like BoardEffect has been developed to be user-friendly, supporting the experience of users at all levels of technology comfort.

Software Review 52

Software Review Software Management West Virginia 52

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. For example, one LP told me she prefers customized emails from fund principals, as opposed to a bulk-mailed quarterly update. For ideas, see How Executives Can Work from Home with Private Equity and Venture Capital Funds.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Startup Professionals Musings

FEBRUARY 19, 2022

But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere. Entrepreneurs who “get it” are emotionally attuned to peers and customers, so that their gut-level instincts become informed judgments that move the business forward.

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Advisory Board Bandwidth .Net Social Media 348

YoungUpstarts

JUNE 4, 2019

Product architecture – the collection of defining technologies, applications and features in your product – is one of the fundamentals critical to achieving traction. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Product Architecture.

Framework 127

Framework Architecture Cleveland Early Stage 127

The Next Web

OCTOBER 17, 2012

HubSpot , the company behind HubSpot 3, a “powerful, comprehensive, and tightly-integrated” all-in-one marketing software system, announced that serial entrepreneur and acclaimed author, Eric Ries , is joining the company’s Advisory Board.

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Advisory Board Lean Houston Marketing 117

Startup Professionals Musings

MARCH 31, 2017

The business leaders who create real technology paradigm shifts, or have changed the world of commerce, don’t advertise their failures, but they still feel them. They tried to make traffic signals intelligent way back in the early ‘70s, but found out that it takes more than technology to change government bureaucracies.

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Advisory Board Social Media Cofounder Technical Review 120

BeyondVC

JANUARY 3, 2019

We are purpose-built to not only invest pre-product but also to help accelerate your path to product-market fit with our decades of entrepreneurial and investing experience along with our active CXO advisory board. First check to seed?—?congrats AWS Reinvent Survivor Dinner with founders, Fortune 500 execs, and VCs.

Stealth 79

Stealth Advisory Board Cloud Virginia 79

YoungUpstarts

MAY 24, 2019

Product architecture – the collection of defining technologies, applications and features in your product – is one of the fundamentals critical to achieving traction. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Product Architecture.

Framework 113

Framework Architecture Cleveland Early Stage 113

Startup Professionals Musings

JUNE 8, 2016

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Investors want board seats and a vote on key decisions.

Bootstrapping 120

Bootstrapping Advisory Board Startup Venture Capital 120

Startup Professionals Musings

DECEMBER 6, 2015

In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. Many entrepreneurs have destroyed a strategic alliance, an investor relationship, or lost a key customer by jumping in with harsh words after a bad day at home or at the office.

Technical Review 120

Technical Review Advisory Board Due Diligence Silicon Valley 120

Steve Blank

OCTOBER 11, 2016

But it was very difficult to find engaged studio owners that wanted to change how they were operating their businesses to adopt a technology-based model, and find musicians that had enough money to book consistent sessions through the platform. Filed under: Customer Development , SiriusXM Radio Show. There was a lot of interest.

Columbus 247

Columbus Entrepreneur Ohio Cofounder 247

betashop.com

OCTOBER 8, 2012

90 Things I’ve Learned From Founding 4 Technology Companies. It’s not about you, it’s about your customers. At Fab we have been focused from day 1 on making our customers smile. Passion for building a business is not enough; there needs to be passion for your customer and solving your customer’s problem.?.

Technical Review 108

Technical Review Technology Software Review Valuation 108

scalablestartup.berkeley.edu

SEPTEMBER 10, 2013

There are advisors who are recruited to provide the startup with technology guidance or product or solution input, and advisors who are recruited to provide the startup with market strategy or introductions to customers in a particular market segment of interest. A company can have more than one advisory board.

Advisory Board 40

Advisory Board San Francisco Startup Bandwidth 40

YoungUpstarts

JANUARY 10, 2016

The coming Year of the Monkey looks set to be a year of change, not just in the technology sector but in every industry, with technology embedded in everything we do. The rise of mobile and social technologies has made end-users more empowered and knowledgeable than ever before. Increasing Emphasis on the Customer.

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Customer Advisory Board Asia Internet 100

Steve Blank

JUNE 6, 2016

Innovation outposts in Silicon Valley allow big companies to sense and respond to rapid changes in technology. Prior to his investing and advisory career, Evangelos spent 20+ years in high-technology industries, in executive roles spanning operations, marketing, sales and engineering. Filed under: Customer Development.

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Silicon Valley Entrepreneur Fractional CTO Analytics 120

thebarefootvc

AUGUST 13, 2013

These vertical solutions would focus on specific pain pain points in the enterprise, such as logistics or customer relationship management. Slice and dice this landscape according to different features/metrics that you think are important to your CUSTOMER. Or at least get some of them on your advisory board.

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Advisory Board Cloud Venture Capital Vertical 70

BeyondVC

JANUARY 6, 2018

We built out our CXO advisory board and further cemented our Fortune 500 relationships to help our portfolio cos scale from “founder-market” fit to product market fit in an accelerated timeframe ( meet our advisors ). The talent base is improving, the customers are here, and the west coast VCs are paying attention.

Cloud 60

Cloud Cofounder Portfolio Advisory Board 60

Mike Michalowicz

MARCH 16, 2015

Matt Rissell is the co-founder and CEO of TSheets, an Eagle, Idaho-based technology firm that provides online, GPS-powered time tracking for companies with hourly employees. TSheets – The #1 customer rated time tracking solution!

Idaho 60

Idaho Advisory Board Cofounder United States 60

Startup Professionals Musings

MAY 18, 2019

But the entrepreneurs that have it, including Elon Musk and Richard Branson, seem to be able to effortlessly get team members, investors, and customers to follow them anywhere. Entrepreneurs who “get it” are emotionally attuned to peers and customers, so that their gut-level instincts become informed judgments that move the business forward.

Entrepreneur 257

Entrepreneur Advisory Board Bandwidth .Net 257