Startup Professionals Musings

AUGUST 23, 2020

But there is no magic formula on how to bring these together a second time, but I did see some good insights on the parameters in a classic startup business parable, “ Endless Encores ,” by Ken Goldstein, who advises startups and has built companies in technology, entertainment, media, and e-commerce.

Technical Review 324

Technical Review Entrepreneur Due Diligence Business Model 324

Startup Professionals Musings

FEBRUARY 8, 2023

For the rest of us, here is my prioritized list of key strategies that I believe every business leader can benefit from as a starting point in making the current inflation economy less of a negative impact on their business, or maybe even a pleasantly surprising positive: Solicit follow-on revenue from existing customers.

Technical Review 239

Technical Review Revenue Social Media Cost 239

SoCal CTO

MARCH 5, 2007

However, Elgg could power 100,000 networks and it would make no difference - there is no revenue stream as we give everything away under a GPL license. There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models. I understand his frustration.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

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. Content editing: Owning multi-media workflows – combine an image with text, music with video, or animation with a voiceover.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

VC Cafe

APRIL 15, 2024

The internet had a massive impact on the media industry, as the reporting of news became a commodity few are willing to pay for. Source: Ben Thompson The missed opportunity of Media The realization that most people do not want to pay for the “core” product called news came late. And make some money along the way.

Generative AI 142

Generative AI Media Artificial Inteligence Vertical 142

The Startup Magazine

OCTOBER 4, 2023

Insights from market research enable you to spot both strengths and weaknesses in your planned business model – helping you steer clear of pitfalls while maximizing opportunities. Developing a Business Plan The findings from your market research should form the backbone of your comprehensive business plan.

Balance Sheet 108

Balance Sheet Technical Review Business Model Business Plan 108

Startup Professionals Musings

OCTOBER 30, 2020

Offering one more social media site (over 200 already exist on Wikipedia) probably won’t work. Don’t forget to market yourself before, during, and after your initial idea, through social media, websites, and events. Minimize one-time sales in your business model. Get support from credible industry groups and partners.

Merger 386

Merger Acquisition Software Review Social Media 386

The Next Web

DECEMBER 30, 2012

How do you monetize a unique business model based on users rather than selling an actual product? We have a very simple business model. Diversifying revenue streams at Wave. Not only is your revenue going to be negligible if the customer numbers aren’t there, but it’s hard to attract offers from tier-A advertisers.

Business Model 133

Business Model Technical Review Advertising B2C 133

VC Cafe

OCTOBER 23, 2022

The CEO shared the revenue target for the year at X, and the revenue target for next year at 3X. One of the board members asked a simple question: “Why is revenue our North Star KPI? One of the board members asked a simple question: “Why is revenue our North Star KPI?”

Metrics 179

Metrics Revenue B2C Portfolio 179

Startup Professionals Musings

OCTOBER 17, 2018

This can happen through early marketing, independent of whether you have yet delivered a single product, proven your business model, or have any real customers. Most great crowdfunding campaigns, for example, are the result of momentum built through social media. Count connections with experts, media, and influencers.

Advisory Board 199

Advisory Board Technical Review Metrics Business Model 199

The Startup Magazine

OCTOBER 26, 2021

There are so many businesses around us, and to stay in the game, you need to think of ways to improve your small business revenue. It’s important to remember that every small business needs a different approach. Here are 8 straightforward ways to help you improve your small business. Follow industry best practices.

Small Business 166

Small Business Mobile Revenue Social Media 166

Startup Professionals Musings

DECEMBER 18, 2022

Investors are buying part of the business, not the product or service. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.” Look how many social media ‘likes’ my site has generated.”

Business Plan 273

Business Plan Technical Review Angel Investor Social Media 273

Startup Professionals Musings

JUNE 26, 2020

Provide specifics on the customer business model. All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services. They want to see revenue to share in the return. Here I recommend a 5-year projection of revenues, expenses, and funding requirements.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

ReadWriteStart

SEPTEMBER 9, 2022

You can reach out to businesses in your target market and offer them incentives to join your marketplace. Social media advertising and traditional marketing are two ways to promote your marketplace. Finally, promote your online store through social media and other marketing channels. Monetization Strategies.

B2B 131

B2B Developer Technical Review Business Model 131

Steve Blank

SEPTEMBER 5, 2018

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Some have labeled this period as irrational exuberance. Then the cycle repeats with a new set of technologies.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

OCTOBER 6, 2018

But there is no magic formula on how to bring these together a second time, but I did see some good insights on the parameters in a classic startup business parable, “ Endless Encores ,” by Ken Goldstein, who advises startups and has built corporations in technology, entertainment, media, and e-commerce.

Technical Review 233

Technical Review Due Diligence Business Model Demand 233

Startup Professionals Musings

JANUARY 22, 2021

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Plan for a real revenue model.

Business Model 414

Business Model Angel Investor Bootstrapping Revenue 414

ReadWriteStart

JULY 7, 2021

This trend is promising despite the rising usage of email, instant messaging applications, and social media platforms, . Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

View from Seed

JUNE 23, 2022

DC: Short-term: Do-it-yourself (DIY) social media influencers in the United States with 100K+ followers. Just a few years ago, we discovered products on social media, then went to an online retailer to make the purchase. DC: Leveraging the accelerator to refine Influencer Direct’s value proposition, business model, and positioning.

DC 156

DC Cambodia eCommerce Social Media 156

Startup Professionals Musings

MARCH 21, 2020

Investors are buying part of the business, not the product or service. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.” Look how many social media ‘likes’ my site has generated.”

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

The Startup Magazine

JULY 4, 2021

Car dealerships can post short videos on their website or social media platforms like Youtube or Instagram to boost engagements. Posting high-quality videos can help automotive business owners to stand out from the crowd and strengthen their brand identity. Social Media Management. Source: unsplash.com. Conclusion.

PPC 148

PPC Marketing Social Media Audience 148

Startup Professionals Musings

APRIL 7, 2017

Kristin Zhivago, in her classic book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. Align your business model to how your customers want to buy. Build and deploy a revenue growth action plan. Don’t start from how you want to sell.

Small Business 147

Small Business Revenue Technical Review Business Model 147

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. For most online vendors, this new revenue model was a significant change in the way brands set advertising campaigns.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

Steve Blank

OCTOBER 24, 2016

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. Execution and Organization of Core Businesses. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. Yet a very smart CEO missed all of these.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

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. Execution and Organization of Core Businesses. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. Yet a very smart CEO missed all of these.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2017

— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. Typically, this caliber of bankers wouldn’t talk to you unless your company had five profitable quarters of increasing revenue. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

The Startup Magazine

AUGUST 3, 2021

Lazarus has developed a reputation in the Melbourne and Sydney business communities as a consultant who is brutally honest yet caring and highly effective at the same time. He places a strong emphasis on branding and how it positions his clients to start earning revenue shortly after opening their business.

United States 167

United States Entrepreneur Angel Investor Social Media 167

ConversionXL

JULY 21, 2022

How did Outreach grow in just a few years to 50,000 monthly active users , $10 million in new bookings, and net revenue retention (NRR) of more than 140%? Apply these lessons to align your teams and drive revenue growth. NSM must: Lead to revenue; Reflect customer value; Measure progress. North star metrics must lead to revenue.

Metrics 120

Metrics Acquisition Revenue .Net 120

Startup Professionals Musings

AUGUST 10, 2014

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. A business only achieved critical mass by becoming cash-flow positive.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

Agile VC

FEBRUARY 5, 2014

This is a logical thing to do… when we started LinkedIn, my mentor Reid Hoffman instilled a mantra of Growth –> Usage –> Revenue which still holds for many consumer companies. This is especially true for those with a media / ad based business model (e.g.

Revenue 234

Revenue Product B2B Marketing 234

Startup Professionals Musings

MARCH 25, 2023

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Valuation 235

Valuation Revenue Viral Retention 235

Duct Tape Marketing

JANUARY 8, 2024

This strategy was a game-changer, allowing my agency to work smarter, not harder, and significantly increasing our revenue year after year. Think Facebook ads or web design but sold like off-the-rack suits: they fit well enough for most businesses without needing tailor-made solutions. productized marketing services. The cherry on top?

Product 65

Product Marketing Social Media SEO 65

Startup Professionals Musings

OCTOBER 21, 2022

We all hear about the big winners, such as the game Clash of Clans , which has now surpassed $1 billion in yearly revenue, and the smartphone version of Skype , which is making huge money through credits as an extension of the website version. After this connection, you need not share the 30% of all revenue collected by the store platform.

Developer 345

Developer Mobile Revenue Advertising 345

Startup Professionals Musings

DECEMBER 14, 2015

Image via Flickr by Side Wages Some entrepreneurs forget that they need an innovative business model along with an innovative solution to have a successful startup. Inventors alone, or business gurus alone, generally fail. Technologists forget that investors are buying a chunk of the business, not the product.

Technical Review 120

Technical Review Startup Angel Investor Social Media 120

crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? Just got acquired?

Social Media 100

Social Media Small Business Central African Republic Design 100

venturedig.com

NOVEMBER 1, 2009

The business models within the social media realm are much different than traditional businesses. In social networking, they’re ever-changing, backed by eye-opening revenue and have very little documentation. Display Ads: This is your bread and butter business model. All additions are welcomed.

Social Network 55

Social Network Business Model Networking CPA 55

YoungUpstarts

DECEMBER 2, 2019

In fact, remote work is on the rise – especially in the form of virtual assistants – and it’s one of the primary reasons why more small businesses are opting to outsource work. Inefficiencies can often cost businesses between 20-30% of their annual revenue. Virtual Assistants: What’s All the Fuss?

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147