Steve Blank

OCTOBER 24, 2016

If you think the job of a CEO is to increase sales, then Ballmer did a spectacular job. He tripled Microsoft’s sales to $78 billion and profits more than doubled from $9 billion to $22 billion. If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

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. This new shift impacted as much as a 4% improvement in total sales of brands that had made the shift.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

ConversionXL

JUNE 2, 2022

DocuSign combines both to fuel its sales funnel. ABM is a company-wide strategic approach to finding and converting specific accounts that add long-term value to your business, both financially and through industry standing and pulling power. Alignment can make all the difference to a business. The result?

Lead Generation 94

Lead Generation Marketing Sales Cycle Campaign 94

YoungUpstarts

OCTOBER 23, 2019

It’s a well-known fact of business that customers must be the focus of a successful business model; hence the now-cliched idiom “the customer is always right”. But in this customer-focused model, some businesses make the mistake of neglecting to focus on their employees.

Employee 113

Employee Customer Software Review Salary 113

ConversionXL

FEBRUARY 3, 2022

The faster this process can be repeated, the more likely they’ll find scalable, repeatable ways to grow the business.”. Where campaigns to build brand awareness and generate top-of-funnel sales drive traditional marketing, data across the entire customer lifecycle drives growth hacking in marketing. Image source. Acquisition.

Retention 113

Retention Marketing Acquisition Channel 113

The Startup Magazine

MARCH 29, 2024

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Revenue streams are another critical component of your business model. Revenue streams are another critical component of your business model.

Intellectual Property 158

Intellectual Property Angel Investor Business Model Bootstrapping 158

ReadWriteStart

APRIL 8, 2023

Keeping up with trends is the reality show of the e-commerce world, which is constantly developing, gaining a significant market share, and driving online sales. According to the Adjust and Sensor Tower report, in 2021, m-commerce accumulated 54% of all e-commerce sales worldwide, whose market exceeds $3.5 Only in 2021, 72.9%

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Steve Blank

AUGUST 23, 2010

This stifles or shuts down the important “outlier” conversations that drive pivots and iterations in the discovery process. We’re Not Here for a Sales Call. Disabusing the audience of the notion that the visit is a sales call is vital to the customer discovery mission. But we are not here for a sales call.&#.

Customer Development 237

Customer Development Developer Customer South America 237

A Smart Bear: Startups and Marketing for Geeks

AUGUST 18, 2015

They have everything: money, brand, momentum, existing customers, press, product teams, distribution channels, expertise, market insight, analysts, sales offices, product features, and, by definition, a working business model. The insight is: The profitable revenue stream is a prison. Not anymore.

Technical Review 120

Technical Review Valuation Flash Revenue 120

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

VC Cafe

JANUARY 27, 2021

In an effort to reduce miscommunications, this platform helps start a conversation by dropping a comment on anything seen on-screen, and sharing a private link to start a conversation – in the context of what is seen. Next47 and American Insight Partners VC, demonstrates growing trust in its current and future business model.

Vertical 148

Vertical Video Technical Review Europe 148

Startup Professionals Musings

JANUARY 6, 2020

The way to start is with a sample financial model, available from many sources on the Internet, such as over 200 downloadable free from the Corporate Finance Institute website. Don’t try to build the “ultimate” business model, for all possible alternatives, in multiple business domains.

Conversion Ratio 308

Conversion Ratio Startup Business Model eCommerce 308

YoungUpstarts

NOVEMBER 25, 2014

While it’s true that at no other time are customers in as much of a shopping mood, SMBs cannot afford to sit back and follow a “Field of Dreams” business model. SMBs, especially, must formulate a well-thought-out online presence and sales strategy that covers all of the bases.

Customer 176

Customer Social Media eCommerce Campaign 176

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 226

Customer Development Web Developer Customer 226

A Smart Bear: Startups and Marketing for Geeks

JANUARY 13, 2015

Often your best estimate of any metric or market behavior or business model component is at best accurate within a power of ten, for example “expected conversion rate between 0.5% So they’ll need 1666 customers to achieve their revenue target. (We So what can be shifted?

Business Model 120

Business Model Affiliate Startup Bootstrapping 120

Duct Tape Marketing

NOVEMBER 2, 2023

He's a former VP of sales at HubSpot, and currently specializes in helping companies grow by implementing sales and marketing excellence. This company, databox, is a business analytics software company that helps companies monitor, report, predict, and improve their entire company's performance in one's spot.

Metrics 74

Metrics Analytics Forecast Software Review 74

ReadWriteStart

OCTOBER 2, 2023

HubSpot : HubSpot provides a comprehensive user experience with marketing, sales, and customer service tools. The brand name and logo are simple and memorable, and the brand voice and tone are conversational and engaging. A high CAC can indicate that the company is spending too much money on marketing or its inefficient sales process.

Design 105

Design Product Churn Rate Architecture 105

Seeing Both Sides

JULY 11, 2013

I''ve been thinking a lot lately about scaling sales. . Before this occurs, the sales process is a craft or an art - custom-made by the founder or evangelist sales VP. How do I build a repeatable, scalable sales process that is like an industrial machine - not a crafts project? 1) Enterprise Sales.

Sales 50

Sales Technical Review Software Review B2B 50

Cracking the Code

OCTOBER 1, 2020

Here’s a short summary of the discussion: Guy, you launched Snyk in 2015, and a large part of your success was driven by your freemium model. With COVID, we’re getting into a world with tighter budgets and likely longer sales cycles. It took us longer to get into revenue, but the freemium was a real accelerator for us.

Early Stage 62

Early Stage Open Source Development Team Review Security 62

The Startup Magazine

JUNE 1, 2023

We’re hitting record revenue months, weeks, and margins. Be honest with yourself VCs are now going to be looking closer at margins, cost structures and true sales, and product market fit. As a founder, ask yourself – does your business actually warrant VC funding? In addition, logistics is an always-on business.

Early Stage 146

Early Stage Los Angeles Silicon Valley Cofounder 146

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. But the computer retail channel was a large part of our sales. Oh yes, and retail sales doubled with the new product packaging.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

YoungUpstarts

SEPTEMBER 7, 2020

The advantages of a dual agent is that this person is already working with buyers, so they most likely already have someone in mind to possibly purchase your business before you even list it for sale. What it means for a seller is a quick and easy sale because those buyers are already qualified with financing in the works.

United States 189

United States Revenue Sales Global 189

Both Sides of the Table

JANUARY 4, 2014

– while the other might want a quick sale and pocket some bucks while the tech market is hot. It either needed to get more aggressive in pricing, pivot to a new business or business model or raise more capital (and take the dilution) in order to have more time to figure things out. Those are the easy cases.

Founder 340

Founder Sacramento Cofounder Technical Review 340

ConversionXL

MARCH 19, 2020

The best drivers apply the brakes just ahead of the curve (they take out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded). Progressive. Image source ). Survey design.

Marketing 121

Marketing Campaign Non-Compete Lean 121

David Cohen

AUGUST 22, 2012

It’s interesting that in 2009 there was a peak for our companies in use of the freemium model. After the market downturn, I think that investors in general got more picky about “real” revenue models. Since 2009, people have consistently been pronouncing the model dead. Real money.

Vertical 110

Vertical Search Business Model Software Developers 110

www.forentrepreneurs.com

FEBRUARY 2, 2010

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. However there is a lot of value in looking at these same metrics for all other businesses.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Austin Startup

OCTOBER 15, 2017

Will his digital presence measurably affect sales of his newest book What Unites Us ? What seems to be the best way to create customers and revenue may result in a business model that is out of vogue with the investment world and shortchanges you on enterprise valuation. No further conversations ensued.

Technical Review 48

Technical Review Software Review Nevada Silicon Valley 48

Up and Running

SEPTEMBER 19, 2017

For a business that anticipates needing, for example, $500,000 in startup capital, that means that best-case scenario Klemm can expect to give up half of his business’s common stock (and an even larger percentage of control of the business once the deal’s fine print provisions are considered).

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. That kicked off this long conversation about how you might try to leverage this evolution of education technology to create scalable impact in places where tuition couldn’t be the driver of growth. It’s too hard.

Cofounder 145

Cofounder Entrepreneur Africa Sales Cycle 145

Up and Running

JULY 6, 2021

eCommerce has become a major business , so it’s no surprise you’re considering joining the 7.9 million online businesses that sell products via the web. Research published by Statista in March 2021 showed revenue from eCommerce in the United States reached $431.6 billion in 2020 and is expected to reach $563.4 billion by 2025.

eCommerce 163

eCommerce Startup Business Model Demand 163

Steve Blank

DECEMBER 2, 2013

Here’s what happened when an extraordinary Digital Health team gained several critical insights about their business model. But the big payoff came when their discussions with medical device customers revealed an entirely new way to think about pricing —potentially tripling their revenue. A Five-sided Market.

Customer 326

Customer Churn Rate Customer Development Lean 326

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. That kicked off this long conversation about how you might try to leverage this evolution of education technology to create scalable impact in places where tuition couldn’t be the driver of growth. It’s too hard.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

Steve Blank

JANUARY 6, 2014

But businesses are finding that Continuous Deployment not only changes engineering but has ripple effects on the rest of its business model. skip this part of you’re conversant in Waterfall and Lean.). Cloud based products has offered companies an opportunity to rethink how new business models would work.

Continuous Deployment 331

Continuous Deployment Customer Agile Cloud 331

YoungUpstarts

SEPTEMBER 12, 2012

You take that money and invest a good portion of it in traditional sales and marketing efforts — including product developers, creative people, and salespeople, all of whom are paid to figure out what buyers want and to say good things about your company — in a quest to get even more customers. Close the sale. their peers).

Customer 168

Customer Social Media Retention Canada 168

Growthink Blog

NOVEMBER 2, 2016

by more "prosaic" conversation around food, wine, travel, family, sports and more. First, through featuring these insights across the company's various marketing platforms - in its marketing and sales collateral, its white papers and case studies, in its email newsletter, and potentially in the its tag line and logo.

Conversion 48

Conversion Los Angeles Europe Acquisition 48

Duct Tape Marketing

OCTOBER 30, 2014

How to Use Cialdini’s Principles and A/B Testing to Increase Sales and Conversions written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing. Cialdini talked about began to be used by online business owners and marketers to increase sales and conversions on their websites.

Conversion 67

Conversion Sales Widget Advertising 67

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