Startup Professionals Musings

MAY 30, 2022

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. According to one study a decade ago, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Steve Blank

MARCH 4, 2014

Product management tools like Stage-Gate ® emerged to systematically manage Waterfall product development. The product management process assumes that product/market fit is known, and the products can get spec’d and then implemented in a linear fashion. StageGate Process. What Does this Mean?

IRR 335

IRR Startup Business Model Agile 335

Growthink Blog

SEPTEMBER 13, 2017

And as they do, sometimes even unknowingly that beautiful dream of a business exit and financial windfall recedes depressingly into the sunset. Many software and healthcare businesses fit this description. All of which come back to us whether or not we actually consummate a business sale. Relationships.

Harvest 48

Harvest IP Software Review Forecast 48

Startup Professionals Musings

SEPTEMBER 1, 2019

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

Steve Blank

MAY 14, 2012

These founders specify, design, and build a fully featured product using classic product development methods without ever leaving their building. Executives look at that date and the calendar, working backward to ignite fireworks on the day the product is launched. After all, it got the old VP fired, right?).

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

Austin Startup

NOVEMBER 16, 2010

Calxeda is on track with its business and ARM-based product development plans, moving toward providing first samples of its industry-changing technologies in 2011. Beatty, as Vice President of Manufacturing, brings 18 years manufacturing and business operations experience to Calxeda.

Naming 59

Naming Hiring Technical Review Virginia 59

Startup Professionals Musings

JANUARY 12, 2013

See how many you have personally experienced already, or are currently mentioned in your business plan: Crowd-sourcing equity. Minimum Viable Product (MVP). It suggests the minimum features to allow the product to be deployed and get feedback, and no more. Osmosis marketing. Gamification. Startup pivot.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

Startup Professionals Musings

SEPTEMBER 13, 2017

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company.

Mezzanine 141

Mezzanine Private Equity Startup Bandwidth 141

Startup Professionals Musings

NOVEMBER 3, 2013

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. According to one study , only 45% of Founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company.

Mezzanine 240

Mezzanine Private Equity Bandwidth Metrics 240

Steve Blank

JANUARY 10, 2011

The VP of an operating division had run into trouble in product development; the product was late and getting later. The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.)

Forecast 265

Forecast Agile Revenue Founder 265

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 264

Silicon Valley Product Startup Product Development 264

Startup Professionals Musings

OCTOBER 12, 2010

In business, one important measure is the value of the company. That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

Startup Professionals Musings

FEBRUARY 4, 2015

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company.

Mezzanine 120

Mezzanine Private Equity Startup Bandwidth 120

Duct Tape Marketing

APRIL 29, 2024

You could choose our system to move from vendor to trusted advisor, attract only ideal clients, and confidently present your strategies to build monthly recurring revenue. Listeners who sign up via that link will also receive 15% off an annual plan. Let's go start that product development process. Thanks for having me.

Entrepreneur 50

Entrepreneur Cofounder Early Stage Artificial Inteligence 50

Startup Lessons Learned

OCTOBER 23, 2013

In the Udemy course, Alistair and Ben expand these basics into a description of how to create empathy, stickiness, virality, revenue, and scale. Stickiness, Ben and Alistair say, is where people move on too quickly--they don’t make sure they really have a product that has the right features and functionality to meet their customers’ needs.

Analytics 167

Analytics Lean Widget Metrics 167

Up and Running

AUGUST 4, 2016

True, you’re going to be in competition with a lot of other people, but you’re also going to be operating in one of the most in-demand industries, and in an industry of the future. If you’re wondering how to improve revenue for your construction business, be sure to check out Strategies to Increase Your Construction Business Revenue.

United States 60

United States Architecture America Lean 60

Startup Lessons Learned

NOVEMBER 8, 2008

Most likely, your business plan is loaded with opinions and guesses, sprinkled with a dash of vision and hope. Customer development is a parallel process to product development, which means that you dont have to give up on your dream. This is a common mistake. Lo, my 1032 subscribers, who are you?

Customer Development 168

Customer Development Developer San Francisco Customer 168

Austin Startup

AUGUST 20, 2017

Your original business plan will probably go out the window when you land your first customer. Your business works as intended if you can attract customers that fit into the context of your operation. Do they perceive enough value to pay prices that create for you a profit margin that matches your business model?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

crowdSPRING Blog

SEPTEMBER 21, 2014

Small businesses in particular rely on word of mouth and recommendations, so the better your relationship with them, the stronger your communications with them, the greater the WOM effect will be. This applies whether the focus is on product development, strategy, hiring, or positioning in the market. Disciplined.

Small Business 95

Small Business Startup Leadership Vertical 95

Up and Running

JULY 24, 2015

Business planning. To start your business, you’ll need a sound business plan. But here at Bplans, we make an effort to provide entrepreneurs with the resources they need to start and run successful businesses. Introduction to Operations Management. Product development. Edison Nation.

Entrepreneur 60

Entrepreneur Small Business Administration SBA Pennsylvania 60

Growthink Blog

MAY 10, 2012

Put everything else on your "wish list" to buy with revenues from sales or additional financing. With this funding, the company often perfects its business plan and starts building its management team in order to position itself for its next round of funding.

Equity 88

Equity Mezzanine Later Stage Venture Capital 88

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. How to Write a Traditional Business Plan.

Software Review 74

Software Review Software Delaware Forecast 74

Business Plan Blog

OCTOBER 4, 2013

One recipe for failure (business failure and capital raising failure) is building a lopsided team weighted to one function of the business. If you have a technical background and you are focused on product development, consider a co-founder with a sales and marketing background that can focus on selling your world class product.

Part-Time VPE 79

Part-Time VPE Fractional VPE Cofounder CTO Hire 79

Small Business Force

JUNE 9, 2011

Much has been written about the need for a business plan. But the long and the short of it is that developing a business plan may be the second most important task in creating a foundation for success for an entrepreneur. But they remain the scoreboard of your business plan implementation.

Business Plan 28

Business Plan Operations Sales Restful 28

Up and Running

JANUARY 24, 2023

Payroll often makes up a large portion of a business’s expenses, so it’s important to spend some time working on this portion of your forecast. But, if you’re just starting out or are working on a business plan for a new idea, you probably don’t have anyone on the payroll yet and maybe don’t even know what your staffing plans are.

Forecast 84

Forecast Cost Salary Employee 84

Designmantic Blog

MARCH 6, 2018

It is apparent that the United States has the highest performing entrepreneurship, but what is truly amazing is how women contribute the biggest growth in revenue, employment and financial efficiency. She is recognized as a design and innovation leader in high-impact and philanthropy product development. Kendall SummerHawk.

Entrepreneur 76

Entrepreneur Social Media B2B Cofounder 76

Hearpreneur

SEPTEMBER 25, 2022

Businesses that clearly define their short-term and long-term goals tend to achieve their goals faster and more efficiently than those without any plan. Besides the general focus on customer and product development, an entrepreneur should foresee the next moves that will serve to guide him on the right path.

Forecast 130

Forecast Artificial Inteligence Entrepreneur Technical Review 130

Steve Blank

MAY 9, 2017

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. Not kind of wrong but going out of business wrong.

Restful 228

Restful Silicon Valley Puerto Rico San Jose 228

Hearpreneur

JULY 10, 2017

Prior to starting Ozmo both Ming and I worked in a design house creating new and better products. Throughout my five years of experience in product development, I realized that most of product launch failure could have been avoided by getting the product right earlier on, or understanding the limit of the maker.

Entrepreneur 102

Entrepreneur Hungary Software Review Cofounder 102