Startup Professionals Musings

OCTOBER 9, 2023

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Startup Professionals Musings

FEBRUARY 26, 2023

Thus the subscription model (low fixed monthly payments), has become the norm for new products and services. If your startup is in the Business-to-Business (B2B) world, you need to realize that the subscription model has evolved considerably since SalesForce.com introduced Software as a Service (SaaS) way back in 1999.

Business Model 294

Business Model Startup Cloud Curation 294

Up and Running

MARCH 12, 2019

For a lot of non-technical founders—that is, entrepreneurs with a business idea but without technical expertise— sourcing software development talent is critical. In many areas, however, the high demand for tech talent appears to be larger than the supply of qualified tech and software developers for hire. Start with a contract.

IP 80

IP Software Developers Software Development Intellectual Property 80

Both Sides of the Table

MAY 7, 2011

Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.

Software Review 285

Software Review Software St. Louis API 285

SoCal CTO

MARCH 5, 2007

You create something that has value and gets traction and yet youve created it in a way that the software is considered "free." However, there are lots of companies that are making money from open source and freemium models. I understand his frustration. Thus, you may starve working on your labor of love.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

Version One Ventures

SEPTEMBER 12, 2023

The most powerful disruptions occur when a technology disruption and a business model disruption go hand in hand. This ‘double disruption’ forces incumbents to get up to speed with a new technology and a new business model at the same time. It was suddenly free for consumers to access content and software products.

Business Model 127

Business Model Technology Differentiation Software 127

The Startup Magazine

AUGUST 6, 2021

But like any business model, problems are sure to arise from time to time. It’s great that a dropshipping business model means you don’t have to handle order fulfilments, as that side of things is left to the manufacturers or wholesalers in the supply management chain. Image source: [link]. Suppliers Running Out of Stock.

Software Review 154

Software Review United States Business Model Stock 154

VC Cafe

MARCH 1, 2024

New enterprise resource planning software (ERPs) – new startups that build software that helps businesses run. AI to build enterprise software – In the future, every enterprise could have their own custom ERP, CRM or HRIS that is continually updating itself as the company itself is changing.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

The Startup Magazine

JULY 16, 2021

From embracing remote work and its enabling technologies such as cloud-based software, to learning how to host virtual events, businesses across the economy were forced to adopt new technologies and adapt to novel conditions. The lesson of the pandemic era is clear, as market conditions change, business models must evolve.

Business Model 167

Business Model Aggregator Revenue Analytics 167

deal architect

FEBRUARY 8, 2019

As SaaS vendors took off in the early 2000s, I was encouraged by their business model. They had collapsed software, hosting, application management and upgrades into one contract. But in recent years I have seen a reversal and a lot.

Software 317

Software Vertical Hosting Business Model 317

View from Seed

APRIL 14, 2020

Business Models and Sectors. The public markets have clearly rewarded traditional, software based businesses over different business models, and that effect was starting to work its way through the earlier stage ecosystem. In a FOLD world, this is going to continue.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

For Entrepreneurs

JULY 4, 2016

“Software is eating the world” – Marc Andreesen Companies thriving in the new world order have technology as a core competency. And despite the constant iteration and updates to their cloud application, their software is rock-solid reliable. They build complex cloud applications. How do they.

Software Developers 128

Software Developers Software Development Software Developer 128

The Startup Magazine

NOVEMBER 8, 2022

Call Recording Software. Call recording software is a great way to improve customer service, allowing you to record, store and review calls. Call recording software is also perfect if there are any issues with employees not following protocol. You can learn more here about how call recording software can help a startup.

Customer 133

Customer Social Media Software Review Startup 133

Hunter Walker

DECEMBER 24, 2016

When we started Homebrew in 2013 our industry was, in retrospect, probably midway through a cycle where innovations were in business model rather than underlying technology. Observing a handful of companies, such as Uber, Airbnb, Warby Parker, founders were taking those models and trying to apply them to other verticals.

Technical Review 48

Technical Review Business Model Technology Software Review 48

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

Steve Blank

OCTOBER 24, 2014

It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. If you’re familiar with the Lean Startup you know that the Business Model Canvas is the tool to frame all the hypotheses of your startup.

Business Model 335

Business Model Design Customer Development Lean 335

ReadWriteStart

AUGUST 30, 2022

If you also face this task, pay attention to external sources with a good business reputation (reports of large analytical and consulting companies) or contact a specialist to confirm the statistics from the Internet. Drawing Up a Financial Business Model. Business model. Problems and solutions. Marketing plan.

Software Review 183

Software Review Technical Review Cofounder United States 183

Steve Blank

OCTOBER 26, 2020

This is where I brought in the thinking of how we build businesses here in Silicon Valley. We needed to be building leveraged business models in scale. Your marginal costs and your average costs of building software do not go down over time. This is what we’re thinking when we call it “software defined warfare.”.

Artificial Inteligence 388

Artificial Inteligence Fractional CTO Technology CTO 388

The Startup Magazine

DECEMBER 21, 2022

As mentioned above, many different customer verification types are available for your business. This differs depending on your business model and if you sell to consumers or other businesses. When dealing with businesses, you should also gather additional information, such as: Business name. Business EIN.

Software Review 149

Software Review Customer Technical Review Due Diligence 149

Up and Running

MAY 23, 2016

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. I started UpKeep after seeing and using traditional enterprise software.

Software Review 74

Software Review Software Delaware Forecast 74

ReadWriteStart

FEBRUARY 17, 2022

Software development is really expensive. I’ve worked with clients who built business plans around fairly thin margins and focused on winning in volume — a risky strategy, but workable with enough growth and luck. And what sort of business models and app innovations might we see now that developers can avoid such a steep fee?

Business Model 155

Business Model Developer Software Developers Software Development 155

Startup Professionals Musings

OCTOBER 30, 2020

Minimize one-time sales in your business model. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage. Your solution must have value for every customer.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

APRIL 12, 2019

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars.

Cost 264

Cost Founder Software Review Startup 264

VC Cafe

FEBRUARY 21, 2023

Whether you are a B2B SaaS company or a B2C mobile app, knowing how your business stacks up against industry averages can help you make informed decisions and drive growth. In this post, we’ll take a closer look at the benchmarks on conversion, retention and churn for the key business models. Hope you find this helpful.

Retention 109

Retention Conversion Churn Rate B2C 109

Steve Blank

NOVEMBER 7, 2023

Rent seekers are individuals or organizations with successful existing business models who use government regulation and lawsuits to keep out new entrants that might threaten their business models. They do this by either being Rent Seekers and/or by Regulatory Capture. Bill Gurley’s point.)

Washington 271

Washington Government Marketing Silicon Valley 271

The Entrepreneurial Mind

AUGUST 3, 2010

If you have a very capital intensive or labor intensive business model you will need a large base of funding to get off the ground. But for most start-ups, you may be able to adjust your business model enough to cut the funding you need, while still making a successful launch. 2005 to $4.4 We did that with 8.

Bootstrapping 75

Bootstrapping Business Model Software Review Programming 75

ReadWriteStart

JUNE 19, 2021

Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT will also enable businesses to get a fresh pair of eyes to look into data to derive insightful business insights. .

Technical Review 215

Technical Review Software Review Cloud Vertical 215

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Steve Blank

JUNE 14, 2017

Companies with business models built around internal combustion engines disrupted those built around horses. Each level of autonomy requires an exponential amount of software engineering design and innovation. changing a business model is extremely difficult. They were different. For example, a robotic taxi.

Valuation 266

Valuation Business Model Software Engineering Engineer 266

ReadWriteStart

SEPTEMBER 9, 2022

Then, setting up an account with the desired e-commerce software will allow sellers to publish items for sale; sellers should also add all necessary financial information such as credit card types accepted and PayPal email addresses. Understanding The Business Model of a B2B Marketplace. Monetization Strategies.

B2B 131

B2B Developer Technical Review Business Model 131

The Startup Magazine

JULY 16, 2021

From embracing remote work and its enabling technologies such as cloud-based software, to learning how to host virtual events, businesses across the economy were forced to adopt new technologies and adapt to novel conditions. The lesson of the pandemic era is clear, as market conditions change, business models must evolve.

Business Model 78

Business Model Aggregator Revenue Analytics 78

Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Entrepreneurs-Journey.com by Yaro Starak

MAY 10, 2010

If you haven’t caught the latest John Reese video, the third in the series talks about the six online business models and how you can outsource the tasks involved to make them work. What Online Business Can You Start With Outsourcing? software specifications. market research. keyword research. product sourcing.

Business Model 75

Business Model Affiliate Philippines Syndicate 75

Startup Professionals Musings

AUGUST 4, 2013

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. Proving the business model requires a different approach than proving the technical concept.

Business Model 235

Business Model Product Advisory Board Angel Investor 235

Startup Professionals Musings

JUNE 30, 2012

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. Proving the business model requires a different approach than proving the technical concept.

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Steve Blank

SEPTEMBER 16, 2014

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

A Smart Bear: Startups and Marketing for Geeks

JULY 23, 2013

So no, this upside-down business model isn’t what a SaaS business should construct. It’s not just pure software companies that achieve this — hardware/server SaaS company Rackspace also has negative net churn, which enables them to grow revenues 30% year-over-year with $1.5

Business Model 335

Business Model .Net Revenue IPO 335