Startup Professionals Musings

OCTOBER 30, 2020

Don’t forget to market yourself before, during, and after your initial idea, through social media, websites, and events. Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. Minimize one-time sales in your business model.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

MAY 17, 2020

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

APRIL 21, 2011

This week they were testing their hypotheses about the sales “Channel” – how a company delivers its value proposition (i.e. There are two major channels: physical channels and virtual (web/mobile) channels. Virtual channels include Dedicated e-commerce, Two-step e-distribution and Aggregators. All that we expected.

Channel 215

Channel Artificial Inteligence San Francisco Business Model 215

Startup Professionals Musings

FEBRUARY 8, 2023

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. I see it as an opportunity to find new ways to attract customers , make long-needed changes to improve productivity, and lower your own costs of doing business.

Technical Review 239

Technical Review Revenue Social Media Cost 239

ConversionXL

FEBRUARY 3, 2022

In this article, you’ll learn what growth hacking in marketing is and what it’s not. The goal of growth hacking as marketing is rapid growth, using strategies and tactics that leverage (and even exploit) technology, platforms, and behavior to reach an end goal. Why do people think growth hacking in marketing is controversial?

Retention 113

Retention Marketing Acquisition Channel 113

The Startup Magazine

OCTOBER 4, 2023

Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more.

Balance Sheet 106

Balance Sheet Technical Review Business Model Business Plan 106

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Its employees and investors don’t depend on an existing revenue stream.

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Startup New York City Valuation Distribution 275

Hearpreneur

OCTOBER 13, 2023

A well-constructed business model is a foundational element of a business plan and strategy. Business models can vary significantly across industries and businesses, reflecting each enterprise's unique characteristics and goals. Thanks to Jordan Adair, ShirtMax ! #2- Thanks to Rodney Warner, Connective ! #3-

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Business Model Affiliate Jordan B2C 131

VC Cafe

MARCH 1, 2024

Eliminating middlemen in healthcare – from using AI to automate repetitive human jobs to exploring new and better business models for providing care. Looking for companies creating tools to facilitate construction of or fine tuning models. Generalizable robotics represent a $24 trillion-plus global revenue opportunity.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

ReadWriteStart

SEPTEMBER 9, 2022

The internet and technology have taken over businesses and marketing strategies, so it’s logical that any b2b company would want to capitalize on this medium to stay competitive in the market. . The B2B wholesale market has seen significant growth over the last few years, with a huge opportunity to be tapped into.

B2B 131

B2B Developer Technical Review Business Model 131

Startup Professionals Musings

MAY 15, 2019

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 245

Startup Angel Investor Technical Review Incubator 245

View from Seed

FEBRUARY 24, 2021

Historically, the healthcare market has been regional, limited by the in-person nature of care delivery. Telemedicine is game-changing as it opens up the possibility of addressing a national market, so long as you have a network of providers licensed to practice in specific states. Affordability . Logistical Friction.

Vertical 156

Vertical Software Review Portfolio Demand 156

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

JUNE 19, 2021

Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT will also enable businesses to get a fresh pair of eyes to look into data to derive insightful business insights. . IoT’s impact on healthcare.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

Hearpreneur

JUNE 16, 2023

The pandemic-induced disruptions have spurred innovation and accelerated digital transformation, leading to the emergence of new business models and opportunities. In this article, entrepreneurs from various industries share their economic outlook, offering valuable insights into the current business landscape. #1-

Artificial Inteligence 82

Artificial Inteligence Entrepreneur Retention Technical Review 82

ConversionXL

MARCH 19, 2020

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” An article on growth and marketing in the middle of a crisis—the current one or any other—can seem tone deaf. A focus on cost cutting—every decision is viewed through a loss-minimization lens. Tim Stewart, trsdigital.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Steve Blank

SEPTEMBER 16, 2014

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Startup Professionals Musings

AUGUST 4, 2013

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. So how do you go about proving the business model?

Business Model 235

Business Model Product Advisory Board Angel Investor 235

ReadWriteStart

MARCH 8, 2021

You could invest in marketing and advertising. It’s going to serve as your central hub of operations – and the centerpiece of all your promotional channels. . You’ll also need to invest in publicity, circulating headlines about your business and getting featured in the news. Marketing/advertising channels.

Startup 127

Startup Retention Acquisition Agile 127

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key resources.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Startup Professionals Musings

JUNE 30, 2012

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. So how do you go about proving the business model?

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Duct Tape Marketing

NOVEMBER 1, 2017

Transcript of How to Turn Marketing Costs Into Profit written by John Jantsch read more at Duct Tape Marketing. John Jantsch: I have seen the future of marketing, and it is killing me. Hello and welcome to another episode of The Duct Tape Marketing podcast. Tell us all about Content Marketing Institute.

Cost 37

Cost Marketing Audience Media 37

ReadWriteStart

JANUARY 25, 2020

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? It’s the extent of this phenomenon that has resulted in soaring businesses across the world. Furthermore, this was the time Amazon became more popular in the market. million annual customers.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Startup Killer: the Cost of Customer Acquisition In the many thousands of articles advising entrepreneurs on what they have to focus on to build successful startups, much has been written about three key factors: team, product and market, with particular focus on the importance of product/market fit.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Steve Blank

MARCH 12, 2014

We realized that past K-12 Entrepreneurial classes taught students “the lemonade stand” version of how to start a company: 1) come up with an idea, 2) execute the idea, 3) do the accounting (revenue, costs, etc.). We wanted to teach our students how to think like entrepreneurs not accountants.

Lean 334

Lean Customer Development Startup Silicon Valley 334

View from Seed

MARCH 3, 2015

Ellie Mirman was the first marketer hired by the CMO of HubSpot, the Boston-based marketing software startup that IPOed in 2014. Below, she shares lessons learned from the earliest days of marketing the company and how this has translated to her second startup role as VP of Marketing at Toast. How did you address that?

Marketing 120

Marketing Sales Cycle Startup CTO Hire 120

Startup Professionals Musings

JANUARY 14, 2023

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

ReadWriteStart

JULY 7, 2021

On the other hand, the global courier delivery market covering Express delivery and Parcel Pickup and Drop services is all set to surpass a whopping $400 billion by 2024 with a growth rate of 8-10% every year. Various business models in an on-demand courier delivery app.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Startup Professionals Musings

JANUARY 18, 2014

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

View from Seed

SEPTEMBER 12, 2017

The old brands and distribution channels are dead or dying. This kind of uncertainty and market shifts create the kinds of opportunities that we love to see, and has driven our seed investments in current market leaders like ThredUp and Dia&Co with many more opportunities ahead. The Biggest Opportunities in Apparel.

Internet 209

Internet eCommerce Bankruptcy Technical Review 209

Startup Professionals Musings

MAY 12, 2017

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 161

Startup Angel Investor Technical Review Incubator 161

YoungUpstarts

NOVEMBER 14, 2020

However, there are concerns about whether online degree costs can be justified. Your online degree should be related to your startup company, such as a business management course, to be properly equipped to manage your startup. Student entrepreneurs often consider college an easy market to exploit, only to discover it isn’t so.

Startup 264

Startup Social Media Finance Media 264

Steve Blank

APRIL 4, 2011

This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) Many of them had heard the phrase “product/market fit” before, but now they were living it. The Business Model Canvas is a great way to diagram it out.

Customer 234

Customer Business Model Nebraska Cloud 234

Startup Professionals Musings

DECEMBER 20, 2012

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 296

Startup Angel Investor Technical Review Incubator 296

The Startup Magazine

MARCH 29, 2024

Take the time to research your market, identify your target audience, and refine your idea until it’s both good and compelling. Market Research and Analysis With your core idea in hand, diving into market research is your next step. Revenue streams are another critical component of your business model.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130