Remove Business Model Remove Revenue Remove Sales Cycle Remove Silicon Valley
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Strategy Roundtable For Entrepreneurs: Exciting Companies Lined Up For Microsoft Startup Grant Finals

ReadWriteStart

The company already has paying customers and a validated business model. In fact, they generated $100k in revenues over the last year, since they first pitched at one of our roundtables. Abhijit foresees primarily a technology licensing business model whereby device vendors would be paying royalty per handset or tablet.

India 123
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Entrepreneurs are Everywhere Show No. 39: Jeremy Johnson and Michael Eidsaune

Steve Blank

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. The problem was had the wrong business model at the time. Our revenue model was wrong. Entrepreneurship stretches from Main Street to Silicon Valley, from startups to big companies.

Cofounder 142
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Entrepreneurs are Everywhere Show No. 39: Jeremy Johnson and Michael Eidsaune

Steve Blank

But to do it, you need to actually have a sustainable business model. Starting a business is too risky. The problem was had the wrong business model at the time. Our revenue model was wrong. Entrepreneurship stretches from Main Street to Silicon Valley, from startups to big companies.

Cofounder 120
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Strategy Roundtable: Do Not Spray and Pray

ReadWriteStart

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. With enterprise customers, this would result in tremendous exit barriers, making sales cycles long and involved, which a small startup will find hard to withstand. GrillGrate. PowerStores.in.

India 114
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Beware The Consultant

infochachkie.com

There is an inherent conflict in a consultant’s business model and the needs of a startup. For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage. Pyramid Power.

Equity 40
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Strategy Roundtable For Entrepreneurs: High-Octane Energy In Pune

ReadWriteStart

Manoj is experiencing a long sales cycle of close to 12 months, but he has already created a sustainable company that has revenues and profits. He is exploring outside financing, but my concern is that unless the growth rate accelerates, this particular business may not fit the venture model.

India 116
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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

It helps with sales cycles because customers know that they can switch away if they so choose. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. He is responsible for bringing in revenue from advertising and their careers offering.