YoungUpstarts

article thumbnail

Traversing No-Man’s Land, The Go-To-Market Phase

YoungUpstarts

And given the paucity of business metrics at this point in a startup’s lifecycle, spreadsheet analysis is of little help. At this stage, the team is seeking market and customer validation metrics. But when it comes to that crucial second phase – go-to-market – entrepreneurs find themselves devoid of help and support.

Cleveland 127
article thumbnail

How To Get Ready To Participate In An Acceleration Program

YoungUpstarts

More research and explanation is needed to understand how the business plan will be executed. More metrics need to be identified such as product testing, market validation, and/or customer validation in order to show that a market opportunity exists. Don’t describe a 100% theoretical business model.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

Key components of revenue architecture go beyond simply predicting sales to include: the name and attributes of the startup’s category, a messaging matrix, a pricing strategy, a sales strategy and other business model elements. Whatever the product and business model, entrepreneurs must be prepared to build critical momentum.

Framework 118
article thumbnail

Inconsistency And Premature Scaling Main Cause For Startup Failure: Blackbox

YoungUpstarts

The following attributes have no influence on whether a company is more likely to scale prematurely: market size, product release cycles, education levels, gender, time that cofounders knew each other, entrepreneurial experience, age, number of products, type of tools to track metrics and location. Startup Genome Compass.

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

Key components of revenue architecture go beyond simply predicting sales to include: the name and attributes of the startup’s category, a messaging matrix, a pricing strategy, a sales strategy and other business model elements. Whatever the product and business model, entrepreneurs must be prepared to build critical momentum.

Framework 104
article thumbnail

The Digital Transformation Is Affordable For SMBs: Where To Start In Your Digital Strategy

YoungUpstarts

The digital revolution is disrupting the traditional business model for small and medium businesses (SMBs). Start by identifying every method you currently have of collecting information, including marketing data, website metrics, feedback collection and analysis procedures.

article thumbnail

Consistent Revenue Growth At Core Of Google’s Mobile Advertising Strategy: TBR

YoungUpstarts

Google’s average cost per click (CPC), the metric that calculates the price paid each time a website visitor clicks on a search ad displayed on that site, has been declining incrementally, if not steadily, over the last two years. Professionalisms'