Remove Burn Rate Remove Developer Remove Sales Remove SEM
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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

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These Innocent Hiring Mistakes Can Kill Your Startup

Transformify

Their investors may push them into that direction too, as the high burn rate is often seen as a prerequisite for high growth. It could be a digital marketing assistant to take charge of your social media accounts, a virtual assistant to organize your schedule across different time zones, or a SEM expert. The downside?

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The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Sales and marketing costs. Technology costs.

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You Don’t Need to be Rich to be an Entrepreneur

Startup Professionals Musings

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Sales and marketing costs. Technology costs.

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The Cost Equation for a Startup is Better Than Ever

Gust

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Sales and marketing costs. Technology costs.

Cost 139
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Be Part of the Entrepreneurial Revolution

Startup Professionals Musings

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Sales and marketing costs. Technology costs.

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Lessons Learned: Don't launch

Startup Lessons Learned

In particular, a marketing launch can help you do three things (courtesy, as is most of my marketing advice, of The Four Steps to the Epiphany ): Drive customers into your sales pipeline. Do some Customer Development instead. Start with a five-dollar-a-day SEM campaign. In the right situation, its a very useful tactic, too.