crowdSPRING Blog

FEBRUARY 28, 2019

If you want to take the plunge and start your own photography business, there is a lot to consider. Here’s a complete, 10 step guide on how to start a photography business. Write a business plan. Decide your legal business structure. Purchase business insurance. Create a sales plan.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

Steve Blank

JANUARY 25, 2010

A Lean Startup is Eric Ries’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Business Plan Versus Business Model. Wait a minute, isn’t the Business Model the same thing as my Business Plan?

Agile 335

Agile Startup Silicon Valley Business Model 335

Startup Professionals Musings

JULY 16, 2012

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Startup Professionals Musings

JUNE 18, 2012

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

MAY 1, 2011

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

Steve Blank

OCTOBER 25, 2010

In the last decade open source software (e.g Many entrepreneurs assume that the assumptions in their original business model (or business plan if they wrote one) will be correct. Pivots are Business Model Insights. Then they adopted standard microprocessors (e.g. x86 , ARM.) Windows, Linux ) emerged.

Customer Development 329

Customer Development Business Model Developer Customer 329

discuss.joelonsoftware.com

NOVEMBER 1, 2010

Right now, my business is just myself and a part-time employee who does support, testing, and product usability design. I intend to rewrite my internal 50-page business plan into an investors proposal. Ive actually heard people say this: "Its like working on open source but it might actually pay off one day!"

Sweat Equity 40

Sweat Equity Equity Angel Investor Affiliate 40

Steve Blank

MARCH 18, 2011

VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. 1970 – 1995: The Golden Age. They taught you about customers, markets and profits.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Professionals Musings

FEBRUARY 15, 2011

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Gust

JULY 8, 2012

Seed-stage means promising companies that don’t yet have a revenue stream, and may not yet have a proof of concept. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

David Teten

DECEMBER 3, 2019

Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking. Lighter Capital, a Revenue Based Investing VC, offers a Cost of Capital Calculator. Similarly, Corsis uses benchmarking data to understand technology spend patterns.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Gust

JUNE 10, 2012

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

www.forentrepreneurs.com

FEBRUARY 2, 2010

Lessons Learned – Business Planning Stage My advice to entrepreneurs working on a new business plan is to build a model similar to those above to estimate the cost of customer acquisition. It appears that LTV should be about 3 x CAC for a viable SaaS or other form of recurring revenue model.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Startup Professionals Musings

FEBRUARY 13, 2010

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

Growthink Blog

MAY 27, 2015

This is evidenced by both the huge sums of money companies are investing in BI ( forecast by IDC to grow to over $52B in 2016) and by the research that show "BI Best in Class" companies enjoy double the revenue growth and triple the profit growth relative to their “BI Average” competitors ( Gartner Group ). buying marketplace to navigate.

Open Source 48

Open Source Analytics Forecast Technology 48

mashable.com

NOVEMBER 3, 2010

He goes on to add, “Having revenue is even better, though not applicable to every startup … Passion, skill, vision and maturity really matter.&# If you’re lucky enough to score a meeting with Gordon, make the most of it — and don’t forget to talk revenue potential. Just don’t call Feld on the phone.

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

www.paulgraham.com

OCTOBER 23, 2010

But this is just the kindthat tends to be open source: operating systems, programminglanguages, editors, and so on. Some angels, especially those with technology backgrounds, may be satisfied with a demo and a verbal description of what you plan to do. A rich companyis one with large revenues. This money isnt revenue.

Startup 105

Startup Cofounder Software Stock 105

ReadWriteStart

APRIL 10, 2013

Open source is not secure or robust enough for the Enterprise”: +1 Linux -1 Microsoft. Read anything by Isaac Asimov or Don DeLillo and then write a business plan. The gravity that comes with running a business can overwhelm our ability to look at something as a blank slate on which we impose our imagination.

Vermont 65

Vermont Entrepreneur Open Source Security 65

www.virtuosimedia.com

MARCH 8, 2012

The situation becomes even worse if there is no marketing plan or budget. If the idea was reliant on ad revenue for profit, it quickly becomes apparent that there will be no incoming money at all. Gather your market research, your business plan, and your prototype and make your presentation to potential CTOs.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

news.ycombinator.com

SEPTEMBER 16, 2011

For three years I worked at Bug Labs (open source hardware company). We not only told everyone what we did, we posted the source code and the blueprints online. Think about that, people wont even steal your ideas if you give them the plans. Ran if for two years before we shut it down with almost no revenue achieved.

Stealth 41

Stealth Technical Review Startup Software Review 41

Scalable Startup

MAY 16, 2015

is mostly sanguine, claiming that the market’s standards for viability have increased since the 2000 bust and citing Twitter (revenue but no profit) as the model for the new public tech company. During the first dot-bomb, the tech-heavy NASDAQ lost 78 percent of its value.

San Francisco 20

San Francisco Silicon Valley California Oakland 20