Startup Professionals Musings

FEBRUARY 11, 2023

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Celebrate the ability to pay yourself a salary.

Sweat Equity 296

Sweat Equity Startup Salary Viral 296

Startup Professionals Musings

DECEMBER 7, 2022

Too many entrepreneurs don’t know what to do at this point, largely accounting for a disappointing 50 percent of startups that fail in the first five years, according to InvoiceTracker. Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially.

Startup 335

Startup Social Media Metrics Viral 335

Both Sides of the Table

JANUARY 11, 2014

” He advocates for people who test all channels, use quantitative methods and commit to growth as one’s “true north.” And if there is a term for that which helps entrepreneurs stay focused on these good and true objectives then I’m all for it. I recommend hiring or appointing a growth hacker.”

Technical Review 384

Technical Review Hockey Stick SEM Channel 384

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. Physical products often require access to existing distribution channels. Validated pricing and a sufficient revenue stream.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Revenue model. Sales/Marketing.

Business Model 256

Business Model Distribution Viral Green 256

Startup Professionals Musings

MAY 16, 2020

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Celebrate the ability to pay yourself a salary.

Sweat Equity 435

Sweat Equity Salary Viral Leadership 435

ReadWriteStart

APRIL 8, 2023

TikTok and Influencers One viral video on TikTok can reach 1.5 million people and generate monthly revenue. Omnichannel: Diversity and Inclusion Every successful organization uses multiple channels to communicate with potential customers and advertise its products.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Startup Professionals Musings

APRIL 7, 2023

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Make sure allocation amounts are reasonable.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. Cost of Acquisition (CAC): The total cost of acquiring a user through a given channel. Successful and failed experiments.

Revenue 60

Revenue Acquisition Channel Campaign 60

VC Cafe

SEPTEMBER 5, 2012

Growth Hacking isn’t viral marketing (although viral marketing is part of it). and answers with A/B tests, landing pages, viral factor, email deliverability, and Open Graph. If a startup is pre-product/market fit, growth hackers can make sure virality is embedded at the core of a product.

API 167

API Viral Startup Retention 167

Startup Professionals Musings

MARCH 9, 2020

Too many entrepreneurs don’t know what to do at this point, largely accounting for that disappointing 50 percent of startups that fail in the first five years, according to Gallup. Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially.

Social Media 329

Social Media Metrics Viral Channel 329

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Startup Killer: the Cost of Customer Acquisition In the many thousands of articles advising entrepreneurs on what they have to focus on to build successful startups, much has been written about three key factors: team, product and market, with particular focus on the importance of product/market fit.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

The Next Web

DECEMBER 12, 2013

Mayfield recently hosted a Mobile Marketplaces dinner with leading entrepreneurs, which yielded several insights. Growth hacking” or the mentality of “try every viral trick, every channel as quickly as possible in order to get ahead in the land grab” is a hot topic. Entrepreneur Analysis and Opinion'

Mobile 136

Mobile Silicon Valley Viral Technical Review 136

Startup Professionals Musings

OCTOBER 2, 2018

Should you be buying key words from search engines, building fabulous web content, blasting out e-mail campaigns, or putting all your efforts into viral videos or social media? As an advisor to many entrepreneurs and small businesses, I often get asked where to start, and how to proceed. There is no one best channel for all businesses.

Marketing 240

Marketing Viral Channel Metrics 240

Startup Professionals Musings

JULY 12, 2020

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Make sure allocation amounts are reasonable.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Both Sides of the Table

APRIL 4, 2011

If you can break this down by channel that you’ve acquired them from this is obviously better. Measuring viral adoption is obviously important. The next step after measuring the customers you’re adding is to add the “cost to acquire” by channel. Revenue Metrics. I like to think of revenue drivers. In 6 months?

Metrics 346

Metrics Startup Acquisition SEM 346

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. How can you improve your odds?

Intellectual Property 274

Intellectual Property Entrepreneur Viral Early Stage 274

View from Seed

AUGUST 30, 2016

However, it’s home to some of the smartest entrepreneurs I’ve ever met, along with a long list of exceptional colleges and universities. In addition, look at Facebook’s revenue per user growth globally over the past few quarters. They’re All in California. Social Has Been a Tale of One Coast.

Social Media 185

Social Media B2B North America Media 185

The Startup Magazine

DECEMBER 17, 2021

Crowdfunding was initially popular with small size businesses and entrepreneurs to provide them with more funding from investors to enable them to grow and scale up their operations. Try and tap into your networks and encourage them to share your fundraising webpage with their followers on social media channels.

Social Media 176

Social Media Viral Campaign SMS 176

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). In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. These days, the technical side may be the easy part.

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Revenue per customer? Revenue, Gross Margin?

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Startup Professionals Musings

SEPTEMBER 16, 2011

The popular view of a real entrepreneur is someone with a big vision, and a stubborn determination to charge straight ahead through any obstacle and make it happen. His new book on this subject, “ The Lean Startup ,” lays out how today's entrepreneurs use continuous innovation to create radically successful businesses. Channel pivot.

Lean 255

Lean Entrepreneur Silicon Valley Architecture 255

Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. But its not really viral growth, even when its exponential.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

ReadWriteStart

FEBRUARY 25, 2020

It involves using digital outlets like websites, social platforms, and software applications as marketing channels. Viral marketing. Small businesses and, indeed, startups can leverage the power of digital channels to build their brands, get leads , and reach more of their target audience. Infomercials.

Marketing 158

Marketing Early Stage Startup PPC 158

mashable.com

OCTOBER 27, 2010

Many successful entrepreneurs learned how to run a business as they built one, and they had the educational benefit of being able to make mistakes and learn from them as they went along. These nine websites will help you track down the appropriate entrepreneurs. Small Business Administration, SCORE gives free advice to entrepreneurs.

Entrepreneur 94

Entrepreneur Social Media Technical Review Social Network 94

crowdSPRING Blog

JULY 14, 2013

I must have been channeling someone else for a moment there. Berger explains why people talk about certain produces and ideas more than others, why some stories have a greater tendency towards a viral effect and why some rumors are simply more infectious than others. By how much did Gary increase the family revenues that first year?

Viral 93

Viral Small Business Social Media Technical Review 93

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue. LetsGiftIt.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Hearpreneur

SEPTEMBER 14, 2015

Being in love with your business, when you’re an entrepreneur, is even better. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality. We asked some entrepreneurs what they loved about “being their own boss.”. #1

Entrepreneur 48

Entrepreneur Fresno LLC Community 48

Steve Blank

OCTOBER 10, 2016

Most first-time entrepreneurs aren’t prepared for the challenges they will face building a startup, and yet they wouldn’t trade the experience for anything. How founders find the determination to push through tough times was the focus on today’s Entrepreneurs are Everywhere radio show. Demoralizing. Jacqueline Ros.

Entrepreneur 260

Entrepreneur Cofounder San Francisco Campaign 260

mashable.com

JULY 18, 2012

“We’re trying to find entrepreneurs who are thinking of it as another stage in the company,” he said. “Entrepreneurs who sell to Google are doing it because they have a vision of what they’re trying to do,” Lawee told attendees. Subscribe to the Business channel. 7,271 followers. Acquisition.

San Francisco 104

San Francisco Acquisition Social Media Mobile 104

Startup Professionals Musings

DECEMBER 3, 2012

The popular view of a real entrepreneur is someone with a big vision, and a stubborn determination to charge straight ahead through any obstacle and make it happen. His popular book on this subject, “ The Lean Startup ,” lays out how today's entrepreneurs use continuous innovation to create radically successful businesses.

Silicon Valley 273

Silicon Valley Architecture Startup Channel 273

Startup Professionals Musings

NOVEMBER 11, 2013

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. How can you improve your odds?

Intellectual Property 251

Intellectual Property Startup Viral Early Stage 251

Startup Lessons Learned

DECEMBER 14, 2009

In a previous post , I covered the three main drivers of growth: Paid, Sticky, and Viral. A minimum viable product in this category must answer the question: does my media content or channel command the attention of a valuable audience? Let’s look at a viral growth company, like Facebook. As soon as possible!&#

Customer 156

Customer San Francisco Viral Lean 156

mashable.com

JUNE 11, 2013

Lucky for you, time-strapped entrepreneur, weve gathered some tips from the pros to help you avoid some of the most common, game-ending mistakes committed by young startups. How many entrepreneurs opening words are about how stealth their project is, followed by a 10-page NDA to hear word one? As an entrepreneur, theres a lot going on.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

Startup Professionals Musings

FEBRUARY 26, 2017

It highlights the story of how United Airlines paid no attention to social media while Dave’s story of his crushed guitar and poor customer service went viral around the world. Last year, Facebook’s revenue from advertising was over $26 billion, which was a 50% year-over-year increase. Keep up with the competition.

Social Media 120

Social Media Media Entrepreneur Reputation 120

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). In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. entrepreneur startup proof of concept business model'

Business Model 235

Business Model Product Advisory Board Angel Investor 235

Startup Professionals Musings

MARCH 16, 2014

When questioned, founders usually mention word-of-mouth, viral marketing, and a top quality product. Viral marketing costs real money these days, which usually means adding at least an extra zero to budget estimates. Find partners and channels which are complementary, and not directly competitive. Marty Zwilling.

Marketing 257

Marketing SEM Viral Social Media 257