YoungUpstarts

FEBRUARY 14, 2017

Indeed some of the biggest names out there started off as a completely different business; including Twitter, Nintendo and most recently, Slack. But pivoting applies to all businesses and the theory behind it is exactly the same. Business architecture pivot. Channel pivot. Value capture pivot.

Technical Review 157

Technical Review Architecture Revenue Channel 157

ReadWriteStart

APRIL 14, 2011

First up, Girish Mathrubootham from Chennai, India, presented Freshdesk , a SaaS solution for multi-channel customer support including knowledge base and social CRM support. The majority of the discussion was about go-to-market strategy, channels and regulatory issues. It's a very impressive concept, to say the least!

India 126

India Technical Review Entrepreneur Silicon Valley 126

Gust

JANUARY 4, 2012

Starting with the first point, in general, IP assets of demonstrable value that are relevant to the startup’s business can only help when pitching investors. This could include anything from a clever domain name in the coveted.com TLD to issued patents or patent applications that could serve as barriers to entry for potential competitors.

Intellectual Property 143

Intellectual Property IP Startup United States 143

Steve Blank

NOVEMBER 1, 2010

They made other assumptions about the type of sales channel, partnerships and revenue model they would need. And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 315

Wiki Lean Management Business Model 315

YoungUpstarts

MAY 26, 2017

Use a Bottom-Up Model. A common mistake is using a top-down model to forecast financials. This model tends to be way too optimistic, and ultimately unrealistic. Using the bottom-down model, you use your current situation and capabilities to see where you can reasonably go from there. Observe the 10/20/30 Rule.

Cofounder 185

Cofounder Silicon Valley Forecast Business Plan 185

Startup Professionals Musings

FEBRUARY 13, 2016

How does your business model make money? Good causes such as feeding the world’s hungry may help your marketing but may not sustain a business. The business model has to clearly define who is your customer, market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Financial forecast and metrics. Funding requirements.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Up and Running

NOVEMBER 23, 2021

Additionally, with one-day and two-day shipping offered by select platforms, that is what customers now expect from other eCommerce businesses as well. eCommerce fulfillment is an important auxiliary service for online retailers looking to make a name in the market through their customer service efforts and activities. 3PL fulfillment.

eCommerce 110

eCommerce Customer Retention Reputation 110

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Financial forecast and metrics. Funding requirements.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

NOVEMBER 10, 2015

The sales channels you will use to reach your target customers. Your business model (or how you will make money). If reading all of that simply sounds like too much work, you can use the LivePlan app to map out both your lean plan (or one-page pitch as we call it) and your full-length business plan. Your customer.

Curation 60

Curation Lean Software Review Finder 60

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Financial forecast and metrics. Funding requirements.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Financial forecast and metrics. Funding requirements.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Lessons Learned

JUNE 5, 2009

She has a separate team, with its own culture and office, and a mandate straight from top management to innovate without regard to the company’s historic products, channels, or supply chain. Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. So far, so good.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Austin Startup

SEPTEMBER 17, 2017

A business model must be created out of whole cloth, and generally it’s a compilation of assumptions piled on top of other assumptions. Every model has a happy outcome when a founder is trying to convince himself or herself, a team, an investor, or even a spouse that the venture ahead is a good idea.

Valuation 48

Valuation Forecast Seed Money Business Model 48

Up and Running

APRIL 23, 2018

To be frank, there are actually a number of sectors that allow you start a perfectly successful business without ever having any real passion for the sector or business model itself. Via these channels, you can interact with brand advocates directly and develop a clear “voice” for your clothing line. How will you sell?

eCommerce 90

eCommerce Design Social Media Cost 90

Occam's Razor

NOVEMBER 15, 2010

No company in the Milky Way has succeeded without having a balanced portfolio of acquisition channels (fancy word for source of traffic). This site simply engages in one night stands, and while I can think of some sites where that can still be the basis of a long term sustainable business model. How's yours?

Web 139

Web Analytics eCommerce Campaign 139