Remove Business Model Remove Product Development Remove Sales Cycle Remove Stock
article thumbnail

Revenue Development

K9 Ventures

One of our first customers was a stock trading company in NY that wanted to host live stock chats. So the departments either didn’t have the capacity to pay or it would be an endless sales-cycle, where we would spend lots of time on the sales, but it still wouldn’t close. Today, we call that an “Embed-Code”.

Revenue 72
article thumbnail

It’s Not a Conversion Problem, It’s a Customer Development Problem

conversionxl.com

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. Pivot the product entirely.

article thumbnail

Beware The Consultant

infochachkie.com

There is an inherent conflict in a consultant’s business model and the needs of a startup. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. The final straw came when I asked the latest 25-year old a simple ‘yes / no’ question related to stock options.

Equity 40