Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Commit to a major customer.

Product Development 177

Product Development Cost Developer Product 177

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Commit to a major customer.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Commit to a major customer.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Both Sides of the Table

SEPTEMBER 16, 2010

This is the fourth article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). Markets like these are very kind to angel investors because you get taken out early and see a nice pop on your investment. Part 1 – Access to Great Deal Flow – is here.

Cap Table 283

Cap Table Angel Investor Liquidation Preference Deal Flow 283

ReadWriteStart

JANUARY 26, 2021

Many business owners launch startups with the intention of running lean—relying on minimal resources to preserve the business for as long as possible. The solution is to start generating consistent revenue faster or to work with angel investors or venture capitalists to get more funding. Running Out of Capital.

Startup 180

Startup Angel Investor Business Model Demand 180

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? Equity investors. Crowdfunding. Government programs.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

ReadWriteStart

FEBRUARY 21, 2021

Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. So what are the best ways to stay on the lean-side of things? Accordingly, you’ll need to be frugal.

Startup 106

Startup Software Review Open Source Technical Review 106

SoCal CTO

MARCH 1, 2010

My experiments in lean pricing - Venture Hacks , February 16, 2010 Ash Maurya, a lean entrepreneur who runs a bootstrapped startup called CloudFire, discusses pricing issues for first versions (Minimum Viable Product – MVP). They now have a cool new way to get intros to these angels: StartupList.

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

YoungUpstarts

JUNE 1, 2019

In the go-to-product phase, you can get help from a plethora of incubators, accelerators and angel investors. This is the point in a company’s maturity – indicated by a certain level of revenue growth, engagement, downloads, usage or other metric – that demonstrates market validation and signals a positive growth trajectory.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Startup Lessons Learned

NOVEMBER 1, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Lean Startup techniques have been taking off in the social-mission sector, helping people solve problems more effectively, and earning the name Lean Impact. We asked Christie to give a sense of how she sees the relationship between Lean Impact and Lean Startup.

Lean 167

Lean San Francisco Metrics Angel Investor 167

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. For a few reasons, I’ve been struggling to make sense of all the noise happening in what others have called the Super Angel arena.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Startup Professionals Musings

JULY 16, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Don’t be embarrassed, since even professional investors are often confused these days by the new terms, as well as old terms used with new meanings. Super Angels.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Startup Professionals Musings

MAY 1, 2011

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Don’t be embarrassed, since even professional investors are often confused these days by the new terms, as well as old terms used with new meanings. Super Angels.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

crowdSPRING Blog

OCTOBER 19, 2012

Lean Marketing: How to Run Your Marketing Team Like a Startup – [link]. Angel Investors Do Make Money, Data Shows 2.5x Lean Marketing: How to Run Your Marketing Team Like a Startup – [link]. Avoid the 50/50 co-founder model – here’s why – [link]. Want to get a job at a startup? Show them WHY.

Social Media 93

Social Media Small Business Design Media 93

Gust

JULY 8, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Don’t be embarrassed, since even professional investors are often confused these days by the new terms, as well as old terms used with new meanings. Super Angels.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ 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

JUNE 18, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

Founders now routinely use their home to operate their startup until they are well into the revenue phase. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Up and Running

MAY 16, 2016

In 2013, North America accounted for just over 40 percent of the global home health care revenue. Start with a lean plan if you’re eager to get up and running fast or if you’re simply interested in validating your idea. The most traditional routes are bank loans, small business loans, or angel investors.

North America 95

North America United States Technical Review America 95

Gust

JUNE 10, 2012

Founders now routinely use their home to operate their startup until they are well into the revenue phase. No need to make the assumption that you will need a rich uncle or an angel investor for every idea you come up with. Best of all, it’s even considered “ultra-cool” these days to be a lean startup.

Cost 139

Cost Burn Rate SEM Startup 139

Up and Running

JULY 17, 2017

Of those surveyed, only 48 percent expect to see their revenue increase over the next 12 months. When you look at the revenue, you take ’15 to ’16, and almost 80 percent of the business owners either stayed the same with revenue or they increased,” explains Burch. Reinvesting into the business.

Small Business 103

Small Business America Ohio Portland 103

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. Step 1: Start with a lean plan. At this stage, simply list your primary revenue streams and your key expenses. Subscription Business Trends and Predictions for 2016.

Software Review 74

Software Review Software Delaware Forecast 74

Duct Tape Marketing

FEBRUARY 20, 2014

Five Ways You’re Not Going To Get An Investor For Your Startup written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing Thursday is guest post day here at Duct Tape Marketing and today’s guest is Weston Bergmann – Enjoy! There are a lot of ways to attract an angel investor to your startup.

Kansas City 69

Kansas City Due Diligence Arizona Kansas 69

Steve Blank

NOVEMBER 5, 2009

A Progress Graph on the right visually shows how far you’ve come (in whatever units of goodness you’re tracking – revenue, units, users, etc.) Your presentation doesn’t have a single word about Lean Startups or Customer Development. This is a radical departure from a traditional VC pitch. Get back up and running.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

SoCal CTO

DECEMBER 1, 2010

The Proof Is In The Revenue. How to Get Funding From Friends, Family, and Fools - Startup Professionals Musings , November 28, 2010 Most entrepreneurs have learned that it’s almost always quicker and easier to get cash from someone you know, rather than angel investors or professional investors (VCs). Absolutely.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Not all startups need outside investment to grow.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Startup Lessons Learned

JANUARY 10, 2011

We still have some collective scar tissue: the idea conjures up the hordes of dot-com hopefuls that descended on VC’s and angel investors with little more than a business plan. I hear similar things for pre-revenue startups that are on schedule, on time, and on budget - even though they are busy building something that nobody wants. (In

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

www.readwriteweb.com

OCTOBER 18, 2010

But you have, perhaps, heard less specific discussions on what angel investors are looking for. Well, some angel investors are looking for exactly the same thing as what VCs are looking for. In other words, these are angels looking for billion dollar opportunities as well.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

But you have, perhaps, heard less specific discussions on what angel investors are looking for. Well, some angel investors are looking for exactly the same thing as what VCs are looking for. In other words, these are angels looking for billion dollar opportunities as well.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.instigatorblog.com

MARCH 2, 2010

I hadn’t really thought of it that way before, but there’s a certain comfort in thinking about having a team of people you can lean on for advice, help, questions, support, etc. Whether the Advisory Board is something your investors (or Board of Directors) demand or not, you should set one up anyway. Why wouldn’t you?

Advisory Board 40

Advisory Board Startup Cofounder Equity 40

Startup Professionals Musings

JANUARY 8, 2022

Investors building their portfolio love to hear about multiple startups in one sitting, to select the best fit. Investors look at the people first anyway, so a strong team is good common ground. Most Angel investors I know have previously founded and run at least one startup.

Bandwidth 362

Bandwidth Entrepreneur Portfolio Cofounder 362

Steve Blank

NOVEMBER 25, 2013

A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering. Filed under: Customer Development , Customer Development Manifesto , Lean LaunchPad , Teaching.

Oakland 326

Oakland Incubator Lean Metrics 326

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

About twenty people on Answers OnStartups have asked this question in one form or another: When I meet an angel investor, he may ask: "What if a big company copies your idea and develops the same website as yours after your website goes public?". You don't have an "edge" just because you're passionate, hard-working, or "lean.".

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

Up and Running

AUGUST 12, 2015

You need to think of business planning from a lean perspective, and it’s just enough to get you to the right place. It is lean. Why do I talk about it as being a process, and lean. What is revenue going to look like? I want to have enough revenue to hire a manager. That is not the business plan anymore.

Forecast 60

Forecast Video Business Plan United States 60

David Teten

DECEMBER 3, 2019

Investors are also mining for leads such sources as: – product crowdfunding sites ( Indiegogo *); – tech communities ( Producthunt ); – angel group platforms ( Gust ); – expert networks (e.g., – angel investor networks ( AngelList , FundersClub , OurCrowd , Republic *, SeedInvest ). .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78