YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business?

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. It’s what separates the true entrepreneurs from the wannabes.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. It’s what separates the true entrepreneurs from the wannabes.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

The Next Web

DECEMBER 30, 2012

How do you monetize a unique business model based on users rather than selling an actual product? We asked members of the Young Entrepreneurs Council for their thoughts. We have a very simple business model. The biggest challenge I’d flag for other entrepreneurs is that offer-supported apps depend on scale.

Business Model 133

Business Model Technical Review Advertising B2C 133

Startup Professionals Musings

DECEMBER 15, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. It’s what separates the true entrepreneurs from the wannabes.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

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. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Gust

DECEMBER 7, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

The Next Web

SEPTEMBER 22, 2013

Bootstrapping can be fun, you get to iterate quickly, turn on dimes, invent new features on the fly. I think we erred in letting our traffic and operational concerns outstrip our business model, where simply maintaining what we had was preventing us from advancing our product.”. Stay lean for as long as possible.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Entrepreneurs put together their funding presentation by extracting the key ideas from their business plan, putting them on PowerPoint/Keynote and pitching the company – until they get funded or exhausted.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

crowdSPRING Blog

MARCH 10, 2011

Bootstrapped, Profitable, & Proud: Braintree – [link]. What It’s Like To Be An Entrepreneur – Lara Miller – [link]. Bootstrapped, Profitable, & Proud: Braintree – [link]. What It’s Like To Be An Entrepreneur – @GrubHub – [link]. The original post is in the Random Fun section below.

Social Media 94

Social Media Small Business Design Media 94

Startup Lessons Learned

NOVEMBER 7, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. We’re dedicated to making The Lean Startup Conference unlike other entrepreneurship conferences. Early-stage entrepreneurs; people participating in startrup incubator or accelerator programs; and bootstrappers. Here are the details for each group.

Lean 165

Lean Nebraska San Francisco Silicon Valley 165

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

Lean 167

Lean San Francisco Continuous Deployment Startup 167

The Entrepreneurial Mind

JANUARY 11, 2011

One of the limitations of Osterwalder's canvas for business modeling is that is can get a bit clumsy for lean start-ups that are bootstrapped. and specifically my type of business - web apps. partners or a customer relationship model. For instance, before.

Business Model 61

Business Model Lean Bootstrapping Web 61

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Step 1: Start with a lean plan. The business model. How to Write a Traditional Business Plan.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

JUNE 5, 2009

When the project winds up getting cancelled for failing to meet its ROI justification, it’s natural for the entrepreneur to feel like it was the CFO – and their innovation-sucking spreadsheet – that is the real cause. Just because entrepreneurs tend to forget about these models doesn’t mean their investors do.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

APRIL 14, 2009

I have counseled innumerable entrepreneurs to change their focus to revenue, and many companies who refuse this advice get themselves into trouble by running out of iterations. What matters is proving the viability of the company’s business model, what investors call “traction.&# And will lead to longer term success.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Up and Running

DECEMBER 31, 2018

That acronym stands for “Strengths, Weaknesses, Opportunities, and Threats” This is a flexible, simple analysis format that you can do on your business idea, and on yourself as a budding entrepreneur. Start with a Lean Plan. Set your timer for 30 minutes and write a one-page summary of your business idea—a Lean Business Plan.

Lean 142

Lean Small Business Administration Angel Investor Business Plan 142

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Steve Blank

MAY 26, 2009

Verticals Are Different I began to realize that entrepreneurs (and their professors) act like every vertical market and industry has the same set of rules. Entrepreneurs who have experience in the vertical market they’re entering do this analysis automatically. Bootstrap for years! You can bootstrap without VC money.

Vertical 149

Vertical Silicon Valley Intellectual Property RSS 149

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. Eighty percent of new entrepreneurs used this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Startup Lessons Learned

AUGUST 8, 2009

Lessons Learned by Eric Ries Saturday, August 8, 2009 Introducing the Lean Startup Cohort subscription program Over the past few months, I have been engaged in another customer discovery exercise with passionate early adopters of the lean startup methodology. So if youre a lean startup earlyvangelist, read on. Great idea.

Lean 102

Lean Programming San Francisco Continuous Deployment 102

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Welcome back to Smart Bear Live … the show were Jason speaks with entrepreneurs looking to improve their businesses. Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. Jason: That’s called bootstrapping, right. Jason: Exactly. Jason: Yeah.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

The Entrepreneurial Mind

JANUARY 2, 2012

One of the biggest mistakes I made during my days as an entrepreneur was raising too much money. Because our business was successful, we had investors eager to offer us money. When taking money from outside investors, you give up part of the control over your business. I expect us to take money eventually," Brody-Waite says.

Bootstrapping 76

Bootstrapping Agile LLC Cofounder 76

Up and Running

NOVEMBER 27, 2017

Furthermore, most of the young entrepreneurs’ problems I’ve seen are related to poor planning. Many people tend toward over thinking things when trying to craft a perfect business plan. Is your business idea focused mainly on product promotion, or the service through careful experience design? Those were the days!

Curation 68

Curation Business Model SEO Social Media 68

The Entrepreneurial Mind

JUNE 14, 2010

They do play a role, but only a limited one with later stage businesses that have good cash flow. Any start-up loans will be to the entrepreneur as a personal loan. But, with plummeting property values over the past three years, there ain't much water in that well for many younger entrepreneurs. How did they do it?

Kentucky 56

Kentucky Washington Nashville Bootstrapping 56

www.vccafe.com

MARCH 11, 2013

A group of Seedcamp entrepreneurs started a startup tools wiki for that purpose, and we thought it would be well suited here. An additional list of business resources for startups is available here. Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Small Business tools list.

Software Review 53

Software Review Technical Review Startup 53

Duct Tape Marketing

MARCH 1, 2018

John Jantsch: One of the challenges I see, and I’m strategizing with a startup right now that I think has a decent idea but no business model. Some fun examples are, of the big names out there, look at Amazon, for instance, which started out as a book seller way back when. I mean how do you come to that? Colleen DeBaise: I know.

Lean 64

Lean Social Media Bootstrapping Business Model 64

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

Why the obsession with raising money, what if you don’t want a huge company, what if you want to bootstrap, don’t you know raising money isn’t a measure of correctness or success, … I agree! Sign up for AppSumo 's daily deals specifically for web geeks & entrepreneurs. That’s shitty!

Customer 320

Customer Revenue Acquisition Cofounder 320

Austin Startup

MAY 3, 2017

Some large companies can bolster their position by buying out established technology and business models rather than creating them anew. Today, we find substantial innovation shifting again, back to Texas, with the hearty, diverse, realistic approach of the Texan entrepreneur forging new territory in technology. too obvious?)

Texas 48

Texas Startup Silicon Valley Bootstrapping 48

online.wsj.com

SEPTEMBER 23, 2012

more in Small Business. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. Failure often is harder on entrepreneurs who lose money that theyve borrowed on credit cards or from friends and relatives than it is on those who raised venture capital. Harley Goes Lean to Build Hogs.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Steve Blank

OCTOBER 22, 2009

At this point in my career I didn’t understand that the goal of getting outside the building was not only finding markets with potential customers to sell to but also confirming the company’s vision, business model and product/market fit. Reply Does the Lean Startup revolutionize bootstrapped marketing?

Silicon Valley 172

Silicon Valley RSS Vertical California 172

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team?

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

Campus Entrepreneurship

NOVEMBER 19, 2010

million jobs in the three quarters ended in March, 15% less than in the first three quarters of the last recovery, when investors and entrepreneurs were still digging their way out of the Internet bust. The article highlights some bootstrapping entrepreneurs who are, by necessity, taking longer to grow their new ventures.

Bootstrapping 31

Bootstrapping Seed Capital Global Lean 31

techcrunch.com

OCTOBER 23, 2010

It is the first in a series of posts he’s writing about the decisions a young entrepreneur needs to make when she/he is first starting a business. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. Unless that person is … you?

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84