A Smart Bear: Startups and Marketing for Geeks

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Fermi estimation for startup business models

A Smart Bear: Startups and Marketing for Geeks

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% Yet another answer might be developing a digital following through social media, email lists, blog posts, eBooks, and so on.

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Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

It’s often said that you shouldn’t talk about price during customer development interviews. Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self).

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Why startup biz dev deals almost never get done

A Smart Bear: Startups and Marketing for Geeks

Here’s the problem , and how you can change your approach to business development so that it can succeed. A much better approach for business development is as follows: How can the smaller company make money for the larger company in the manner that the larger company already makes money?

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Building in public forces true competitive advantage

A Smart Bear: Startups and Marketing for Geeks

What would happen if I forced you to develop all your precious, proprietary, secret-sauce code in a public Github repository? One thing would be: You would be judged. ” In this sense, building in public would force you to create quality, artful code. It’s still possible, and occasionally advisable, to operate in secret.

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Vetting a startup (or two): The systematic birth of @WPEngine

A Smart Bear: Startups and Marketing for Geeks

As a good student of startup theory, especially modern theories of customer development, this time I was methodical and purposeful. If you want a step-by-step, here's a great guide and checklist of how to do early customer development by Ash Maurya. Even with awesome ideas, you don't know whether it's a business until you talk turkey.

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Why large companies acquire small companies

A Smart Bear: Startups and Marketing for Geeks

Rather, buyer behavior is rooted in their strategy — a combination of product thesis, their theory of their market’s evolution, how they need to position for customers and against competitors, their long-term brand development, geographic expansion plans, and so on. Facebook asserted publicly that their future was in mobile.

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Which is better: Many customers at low price-point or few at high price?

A Smart Bear: Startups and Marketing for Geeks

Because new pricing tiers better segment customers, prices go up as reputation grows, you create add-on products and services, you create new revenue through business development, and so forth. What’s not true is that you always unlock big growth drivers. Pretty much everything about it is nicer!

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