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). This relates to another great post Freemium Founders: Start Charging for Things Today!

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

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? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

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

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. What is a startup?

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Bootstrapping Global Startup Hungary 85

Up and Running

JUNE 4, 2018

It’s easier to bootstrap. Bootstrapping your business , which involves self-funding everything as you go along, without resorting to raising money from anywhere else, keeps you in complete control of your company. These include: 1. Michael Dell was loaned money by his family. You can leverage your student network.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

Up and Running

JULY 10, 2017

I talked to Adam Hempenstall, founder and CEO at BetterProposals , who has been using freemium for three years for his SaaS product: “Honestly, I think it was a mistake. Solving the equation of value and revenue for your SaaS product is not easy. Some companies go even further, requesting an upfront payment at their beta stage.

Startup 110

Startup Non-Compete Viral Software Review 110

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Professionals Musings

JUNE 18, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

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. 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.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

Sacha demonstrated the benefits of selling many copies of an eBook at a low price, while Jarrod pointed out the advantages of higher prices, bringing in more revenue with 1/6th the number of units sold. This is a choice that every startup founder must make , so I’d like to dig in deeper. maximizing per-unit profitability).

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Customer Revenue Acquisition Cofounder 320

ReadWriteStart

MAY 30, 2022

While investors can seem like a solution to countless problems you encounter as a founder, don’t be too hasty to start eating from their hands. In this article, you’ll learn how bootstrapping makes you a better business – a leaner, smarter, more agile company that can roll with the punches. You might even ask for it.

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

Up and Running

MAY 7, 2018

In his popular book “ The Lean Startup ,” Eric Ries tells fledgling business to fail fast. Its founder Nick Woodman is a billionaire. It wasn’t enough to bootstrap GoPro, though, so he turned to family and friends who together raised a further $65,000. By 2005, GoPro had $150,000 in revenue. billion in 2012.

Bootstrapping 88

Bootstrapping Jordan Venture Capital Lean 88

Gust

JUNE 10, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

YoungUpstarts

AUGUST 24, 2017

by Stefan Pretty, founder of Subbly. Subscription business brings recurring revenue. This allows you to enjoy a constant source of incoming revenue, as long as you’re keeping the subscribers satisfied (that is of course essential). The term itself sounds confusing, so should I even bother? SubCom offers ultimate flexibility.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Up and Running

JUNE 26, 2013

Bootstrapped, lean and already providing (in a small way at least) for the needs of my family and that of my co-founder. The day we set foot into the doors of the accelerator, we had a business that DHH would be proud of.

Hockey Stick 72

Hockey Stick Entrepreneur Startup Bootstrapping 72

The Entrepreneurial Mind

JANUARY 2, 2012

One of the reasons most people start a company is so they don't have a boss," says Jake Jorgovan, co-founder of Rabbit Hole Creative, a high-tech graphics and marketing firm. "If Michael Brody-Waite, CEO of InQuickER LLC, prefers to keep his company lean and adaptable even though it has grown to annual revenue of seven figures. "We

Bootstrapping 76

Bootstrapping Agile LLC Cofounder 76

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. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

Software Review 74

Software Review Software Delaware Forecast 74

crowdSPRING Blog

JULY 14, 2011

It has been very challenging bootstrapping this venture with my financial aid from grad school. Fortunately, Cup o’ Noodles is still around along with some good old Lean Cuisines. Another issue I have come across is securing a co-founder that is both technical and excited about marketing. Just go out and do it.

Small Business 92

Small Business SMS Bootstrapping Viral 92

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. What CEOs, management teams and shareholders care about is growth —revenue growth, greater user adoption, increased market share, bigger margins, etc.

Lean 326

Lean Nepal Cofounder Customer Development 326

Up and Running

MARCH 24, 2015

Every entrepreneur has heard of the Lean Startup methodology ; it’s a great way to prove demand with less time and money and to prevent building a product that no one will want. In practice though, the Lean Startup methodology is hard to figure out. As a New-York-City-based startup founder, I’ve been asked these questions many times.

New York City 60

New York City Web New York San Francisco 60

Duct Tape Marketing

FEBRUARY 20, 2014

Meaning the founders have proven on some level that people will pay for what they’re selling and they’ve proven they can repeat said process. Revenue from 100 customers = Y. Weston Bergmann is the founder and lead investor in a business incubator in Kansas City called BetaBlox. There are even more ways to turn them off.

Kansas City 70

Kansas City Due Diligence Arizona Kansas 70

ConversionXL

MARCH 13, 2013

Because I know when I get home after a hard day’s work I like to have a glass of wine or 6, lean back and marvel at my amazing traffic trends report. Total revenue – Yes total revenue is generally a vanity metric. Great you’ve got revenue. Get more revenue? We all do it. Auto follow more people?

Metrics 111

Metrics Analytics Aggregator Revenue 111

Up and Running

APRIL 1, 2015

David Daneshgar, Gregg Weisstein, and Farbod Shoraka, the founders of BloomNation.com. But, of course, they need funding—and wouldn’t you know it, one of the founders is a world class poker player. So, from the consumer end, the founders believed they could do better. Creating a better experience for both florists and consumers.

Venture Capital 60

Venture Capital Startup Cofounder Chicago 60

Duct Tape Marketing

FEBRUARY 20, 2024

Jason also serves on the board of the Future Founders Foundation, a Chicago-based organization that empowers the next generation of business leaders and entrepreneurs. He is the founder and CEO of ActiveCampaign. He is a member of the Young Presidents’ Organization (YPO) and The Economic Club of Chicago. This is John Jantsch.

Chicago 50

Chicago Campaign Software Review Software Engineering 50

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Steve Blank

NOVEMBER 5, 2009

The first step in Customer Development was Customer Discovery ; extracting hypotheses from the business plan and getting the founders out of the building to test the hypotheses in front of customers. Your presentation doesn’t have a single word about Lean Startups or Customer Development. Just as a refresher. Get back up and running.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Up and Running

NOVEMBER 27, 2017

Later on, as the number of your satisfied subscribers grows, the creation of a long-term business with predictable revenue becomes possible. I bootstrapped Subbly by building an MVP (“minimum viable product”). I am a huge advocate for the lean way of starting and running a business. This is a mantra I live by.

Curation 68

Curation Business Model SEO Social Media 68

Duct Tape Marketing

JANUARY 19, 2023

Despite not going to university, Ash became a serial tech founder and the first marketing director of a unicorn startup – Just Eat). Well, you're gonna judge it by the team, by the co-founders. And when you're judging it by the co-founders, that's when you have to try and decide, okay, what have they got going for themselves?

Audio 87

Audio Cofounder Framework Early Stage 87

Austin Startup

JUNE 26, 2019

Many people have reached out sharing knowing and kind words about our journey and choice to wind down our venture, as well as their appreciation for my choice to pull back the curtain on what is statistically a common road for many founders. It details a landscape founders like me are excited to sink their teeth into? Of course not!

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

You don't have an "edge" just because you're passionate, hard-working, or "lean.". I'm a great example of someone who wasn't an authority on anything , but built that authority over time to the point where now my company (Smart Bear) is untouchable as the leader in both revenue and ideas in the area of peer code review. Like what??

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. I think another thing you wanted to talk about was the whole keep bootstrapping or raise money question. Jason: Exactly. Jason: Yeah.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Up and Running

MAY 15, 2019

Word of mouth is no substitute for market research , says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation. Co-founders Jamie Floyd and Nikos Ridge leased their startup system from a family running a German restaurant out of a former brewpub. Managing your own distribution is ideal.

Oregon 24

Oregon Jordan Software Review Distribution 24

techcrunch.com

OCTOBER 23, 2010

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. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2012

This is a long episode (1:20), but it’s a conversation that will resonate with a lot of early-stage startup founders. All you’ve proven is that you can make $200 a month in revenue off of some basic websites. Jason: In revenue. Jared: That takes revenue that I don’t have yet. You write to Craigslist.

API 220

API Software Review Hosting Technical Review 220

crowdSPRING Blog

FEBRUARY 16, 2016

The researchers found that in return, this ability caused entrepreneurs to disrupt common patterns in daily life, attracted more customers and created more revenue, causing a cycle of nuanced disruption and adaptation. Lean Business: The Very Model of a Modern Spreadsheet. They had proven themselves before they received an investment.

Washington 48

Washington Incubator Cofounder Angel Investor 48