Startup Professionals Musings

APRIL 4, 2012

Driven by the recent recession, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. Viral marketing campaigns to lure new customers will cost you big money. Examine every cost center in your business. Focus on your core competency.

Entrepreneur 234

Entrepreneur Viral Revenue Distribution 234

Reid Hoffman

MARCH 19, 2019

But in today’s world, speed-to-scale entrepreneurship is what we need to improve society, transform industries, and create massive value for customers, employees, and investors. When the market conditions are right, you should blitzscale for the benefit of all stakeholders: customers, employees, investors, and society.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

abovethecrowd.com

OCTOBER 17, 2013

Early this year Amie Fineberg, who has been my amazing assistant for over 10 years, mentioned that she and several other employees at Benchmark had fallen in love with a new ecommerce service, and that I might want to check it out. Awareness of the service was clearly spreading virally through word of mouth.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

Steve Blank

FEBRUARY 12, 2015

In this first step, the goal of a startup is to search for a repeatable and scalable business model. Sales (and/or customer acquisition in a multi-sided market) becomes achievable by a sales force (or network effect or virality) without heroic efforts from the founders. There was tons of advice and resources.

Startup 120

Startup Lean Venture Capital Advisory Board 120

Hearpreneur

SEPTEMBER 14, 2015

Whether data come from our own analytics or an external source, we are can implement changes to the way we operate in a matter of hours. When you are an employee of a company, you are often weighed down by corporate rules, procedures and a chain of command that is never as responsive you need them to be. 8 – Worst Employee Ever.

Entrepreneur 48

Entrepreneur Fresno LLC Community 48

BeyondVC

FEBRUARY 12, 2014

With a focus on seed investing in the mobile, agile, and smart enterprise and business models that harness the power of network effects, our entrepreneurs have successfully been able to raise over $200 million of financing following our initial seed investment. Storing and scaling tons of data cheaply and efficiently is already done.

Seed Stage 110

Seed Stage Agile Viral API 110

Startup Professionals Musings

OCTOBER 2, 2010

Driven by the recent recession, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. Viral marketing campaigns to lure new customers will cost you big money. Examine every cost center in your business. Focus on your core competency.

Startup 127

Startup Viral Revenue Distribution 127

Hearpreneur

JANUARY 5, 2022

They operate on the premise that if you don't get results, you won't get results. Specifically, I plan on putting out one study per quarter that I'll send out to reporters and hopefully get viral coverage on social media. I’ve devised a sustainable business model where we will contribute to the ecological welfare of our environment.

Entrepreneur 115

Entrepreneur Affiliate Green Cloud 115

reidhoffman.org

NOVEMBER 12, 2013

But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. We are the leader in the professional domain with viral growth. Great businesses can be built off this network, starting with matching talent and opportunity.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Ben's Blog

MAY 15, 2020

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. We begin by describing a typical a growth model and discuss how that fundamentally drives a company’s business strategy. I’m Lauren Murrow.

Founder 36

Founder Conversion Technical Review Cash Position 36

Duct Tape Marketing

OCTOBER 13, 2016

Your values and your mission can be best seen in your daily operations. This is especially the case when customers see that your branding and your operations are in line with one another. Is your business active in social causes ? Invite customers in by filming behind the scenes videos. Don’t forget about inspirational people.

Social Media 28

Social Media Media Curation Video 28

Reid Hoffman

SEPTEMBER 8, 2020

Needless to say, this isn’t a business model that works in the pandemic world. From there, it further shifted to operating its own refrigerated warehouse and fleet of delivery vans to deliver organic foods directly from farmers and specialty suppliers. Business model evolution is the rule, not the exception.

Startup 36

Startup Silicon Valley Business Model Mobile 36

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Compared to the million-dollar startup, they are operating at micro-scale.

Customer 167

Customer San Francisco Lean Hockey Stick 167

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. Point Nine Capital uses 15Five for continuous employee feedback. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. 1) Manage the firm .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Reid Hoffman

JANUARY 26, 2021

For example, a classic example of the conflicting interests of management and investors, which an independent board member can help mediate, is the approval of equity grants to management and employees. You need to hire N diverse employees or add N diverse board members, where N is greater than one!

Startup 36

Startup Equity Early Stage Green 36

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 431

Cofounder Seed Stage Valuation Metrics 431

Startup Lessons Learned

JULY 15, 2020

You really want to see how your company treats its employees, treats its customers, treats the environment, taking a longer-term view." You're selling a consumable product, which is a great business model. A common test would be a viral entry or a viral attachment assay. You really want to see the whole system.

Technical Review 68

Technical Review Software Review Finance Technology 68

Reid Hoffman

JANUARY 19, 2021

When I was starting LinkedIn, I had an early board member who asserted to me with great vigor and certainty that the business model of LinkedIn would be advertising. We should focus on this as an advertising business.” Reid, the game is engagement and advertising. Everything else is a waste of time.

Startup 36

Startup Cofounder Advertising Hiring 36

betashop.com

OCTOBER 8, 2012

It has been awesome, flattering, and humbling to see that post went viral and has been seen by so many thousands of people — mainly aspiring entrepreneurs — and has been translated into many languages. But, you can iterate and iterate on features, but you cannot iterate your way to a business model.

Technical Review 108

Technical Review Technology Software Review Valuation 108

mashable.com

SEPTEMBER 14, 2011

On the other hand, it’s important to consider the realities of today’s business environment. If you’re a startup entrepreneur, you risk facing a competitive disadvantage if you wait too long to expand your operations. It’s critical to establish this component of your business before thinking seriously about growth.

France 77

France Marketing Social Media Startup 77

Reid Hoffman

OCTOBER 17, 2018

In fact, to achieve your aggressive growth goals in the face of uncertainty and change, you need to follow a new set of rules that fly in the face of what is taught in business schools and are completely counterintuitive to accepted “best practices” of either early stage startups or classic corporate management. Rule #1: Embrace Chaos.

Finder 28

Finder Rhode Island Cofounder Engineer 28

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).

Software Review 74

Software Review Software Delaware Forecast 74

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

Last year I spent eight months traveling around the world, and throughout that entire time I was running my business. I don’t actually have any employees. As I said, I have a very small operation and I’m able to make much more than the average person. In the Magic site’s case it was a forum that would grow virally by itself.

Technical Review 76

Technical Review Software Review Prospectus Audience 76

Cracking the Code

SEPTEMBER 2, 2008

Salesforce.com just has average to below-average profitability" Everyone would agree that the value of an operating asset is defined by the sum of its discounted future cash flows. It is true that understanding this new business model is hard for a traditional software incumbent, as this interview demonstrates. Post a Comment.

Software Review 48

Software Review Software Technical Review Cloud 48

Startup Professionals Musings

JUNE 12, 2012

Exact margins depend on the business model, but most companies at critical mass must generate a gross profit margin of at least 55%, and an operating profit margin of at least 20%, and have been doing it for a year. Low customer churn and employee turnover. High energy level everywhere for and in the company.

Social Media 242

Social Media Revenue Viral Acquisition 242

Startup Professionals Musings

FEBRUARY 6, 2011

Exact margins depend on the business model, but most companies at critical mass must generate a gross profit margin of at least 55%, and an operating profit margin of at least 20%, and have been doing it for a year. Low customer churn and employee turnover. High energy level everywhere for and in the company.

Startup 229

Startup Social Media Revenue Viral 229