Startup Professionals Musings

JULY 14, 2014

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. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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. Consider licensing your product or intellectual property, and “white labeling.”

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. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

MAY 18, 2020

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. It’s equally easy to go online and incorporate your new entity, register some intellectual property and have some fun with social media for marketing and interacting with customers. Learn to be a generalist rather than a specialist.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

ReadWriteStart

JUNE 1, 2020

You must have a prototype or a minimum viable product (MVP). 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. To fund the sudden spike in production, funds will be required for additional inventory and wages.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

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

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. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff. This post looks at the implementation details of HTML 5 video.

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

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. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. But all things are never equal. What’s going on?

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next. Enter Jims post.

Agile 111

Agile Customer Development Developer San Francisco 111

Startup Professionals Musings

APRIL 6, 2016

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. It’s equally easy to go online and incorporate your new entity, register some intellectual property and have some fun with social media for marketing and interacting with customers. Learn to be a generalist rather than a specialist.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

The Next Web

SEPTEMBER 22, 2013

Starting a company with a mission and purpose. “[…] the biggest thing I’d recommend is to start a company that’s on a mission, not just a company that’s building a nifty product. From a narrow niche of IT professionals who were our early target market, we now have a wide variety of customers.”. Find your niche(s).

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

YoungUpstarts

AUGUST 24, 2015

By bootstrapping, bartering, reducing overheads (rental and manpower), and leveraging technology (especially the web), one can start one’s own business almost on a dime without being beholden to creditors or venture capitalists. To create true value, we should give people what they truly want, and not just what we think they want.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Lessons Learned

FEBRUARY 9, 2009

Lessons Learned by Eric Ries Monday, February 9, 2009 The lean startup @ Web 2.0 Expo to explain the lean startup concept to a larger audience. The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: Expo (and a call for help) Ive been asked to speak this year at the Web 2.0

Lean 68

Lean San Francisco Web Advisory Board 68

Startup Lessons Learned

MAY 14, 2009

Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. I have a lot of good news to report on this front. For now, Id like to ask a favor.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup. Implement the “lean startup” philosophy.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

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. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Up and Running

JUNE 4, 2018

This is clear when you do anything from checking in your baggage for a flight, to contacting a large company’s customer service department! Starting a small business can mean many different things; At one end of the scale, you may have plans to work independently as a “solopreneur,” doing anything from freelance writing to video production.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

Up and Running

JULY 10, 2017

It’s not easy to choose the right pricing strategy for a SaaS product. Your product improves with time, your business team grows, and so your pricing can’t stay outdated. Even if you are just starting to consider building a SaaS startup , you’ve probably used products with either freemium pricing or a free trial. Choose wisely.

Startup 110

Startup Non-Compete Viral Software Review 110

ConversionXL

NOVEMBER 25, 2020

Educational content covers videos like how-to’s, tutorials, documentaries, product reviews, and many more. This content relates strictly to the products and services you provide, and have a very limited audience. Typically, people who are going to watch these videos are already customers or at the very bottom of the funnel.

Channel 129

Channel Metrics Algorithm Video 129

Street Smart Product Manager

SEPTEMBER 28, 2014

Many of my product help calls are from folks frustrated with being able to pursue a new product in an existing company. As painful and frustrating as it is, many successful product people I’ve met have […]. As painful and frustrating as it is, many successful product people I’ve met have […].

Bootstrapping 45

Bootstrapping Product Lean Startup 45

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

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. As Lean Startup takes root around the world, we’d like to learn from and help people working in geographically diverse areas connect with each other.

Lean 165

Lean Nebraska San Francisco Silicon Valley 165

YoungUpstarts

JANUARY 17, 2017

Operating a company that makes products can be hard. This is where lean manufacturing comes in. This is a set of principles that can be applied to most products. So, if you outsource your manufacturing, you may have to stop if you want to go lean. Of course, for some, this is a dream. Of course, this is a great challenge.

Bootstrapping 100

Bootstrapping Lean PR Government 100

Startup Lessons Learned

JANUARY 18, 2010

Ash Maurya is the founder of WiredReach , a bootstrapped startup that he has been running for seven years. Recently, he was bitten by the lean startup bug and has started writing about his experiences attempting to apply lean startup and customer development principles. The goal of both is to eliminate waste.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

Up and Running

OCTOBER 1, 2014

Their latest product, Statdragon, launched just last week. What about bootstrapping? This is a process she went through first hand, deciding on the fresh direction for her business as they went into development a new product. Keep customers at the forefront, and listen to them. ” Nelson says. Plan ahead.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

The Next Web

DECEMBER 30, 2012

How do you monetize a unique business model based on users rather than selling an actual product? We create the best experience for creating personalized books, cards and calendars then our customers pay us for these products. We continually improve these experiences to build more value for our customers.

Business Model 133

Business Model Technical Review Advertising B2C 133

YoungUpstarts

MAY 29, 2017

by Rhonda Adams, president and founder of PlanningShop and author of “ Successful Business Plan: Secrets & Strategies “ Small business owners never seem to have enough hours in the day to complete all the tasks on our to-do lists — developing new products, searching for new customers, training employees, closing the sale.

Bootstrapping 140

Bootstrapping Syndicate Syndication Small Business 140

Startup Lessons Learned

MARCH 29, 2010

Traveling the past year, I have heard loud and clear that its time for the Lean Startup movement to enter its next phase. I believe it means were achieving product/market fit for a set of ideas. If you just throw a minimum viable product out the door to see what sticks, wont that necessarily be ugly and badly designed?

San Francisco 120

San Francisco Lean Continuous Deployment DC 120

Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along

Warrant 48

Warrant Bootstrapping Framework Hiring 48

www.subelsky.com

FEBRUARY 25, 2010

Mike Subelskys Blog Wednesday, November 11, 2009 Lean startup tools for Rails apps A few months ago I was invited to dinner with the Geeks on a Plane crew when they stopped in Washington, and had the opportunity to meet one of my heroes, Eric Ries , author of the Startup Lessons Learned blog. But it works. Email This BlogThis!

Lean 41

Lean Baltimore Ruby Maryland 41

crowdSPRING Blog

JUNE 21, 2013

Lean Business: Save Money, Save the Environment – [link]. Lean Business: Save Money, Save the Environment – [link]. 2500+ Free Custom Photoshop Shapes | [link] – [link]. 13 Resources to Design for Bootstrap | Vandelay Design Blog – [link]. Forget the coasts. 13 Free Flat Icon Sets – [link].

Social Media 93

Social Media Small Business Design Media 93

Both Sides of the Table

SEPTEMBER 10, 2021

We back very early stage companies and work alongside executive teams as their build their teams, launch their products, announce their companies and raise their first downstream capital rounds. We can’t wait for customers to use the product for 12–18 months and do customer interviews or look at purchase cohorts.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

To clarify the discussion, let’s use a simpler model: Companies A and B both sell products with recurring monthly revenue, and both brought in $10,000 in revenue last month. Company A has 1,000 customers each paying $10/mo. Company B has 10 customers each paying $1,000/mo. Which is better? Oops, bad question.

Customer 320

Customer Revenue Acquisition Cofounder 320

Startup Lessons Learned

JUNE 5, 2009

Sometimes an early negative result from an experiment is a harbinger of doom for that product, and means it should be abandoned. Imagine a general manager that has read The Innovator’s Dilemma and related books, and is therefore trying hard to help her organization make a transition to a new product category via disruptive innovation.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

MARCH 8, 2016

Products that sold best, and that were used most by the commercial cleaning industry, included brands such as Pine Sol, Fabuloso, and Clorox Clean Up. Cleaning managers cited high quality and effectiveness of the products, as well as a low price point as key to adding value. You’ve spoken to your customers. Take out a loan.

SBA 60

SBA Technical Review Software Review Business Plan 60