Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. But there are plenty of cost-saving, productivity and even hiring benefits that make remote work an attractive option. For example, in China, a taxi company discovered a new business area by using AI to monitor what people were saying on social networks.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Both Sides of the Table

NOVEMBER 19, 2009

Your head of sales thinks she should fire somebody. You’re sales person is getting blocked by the CTO who says she shouldn’t go above him but the CTO isn’t approving the deal. I was the one pointing out that we were behind on our sales targets and our “Elephant Deal&# that had been promised was 6 months late.

Entrepreneur 414

Entrepreneur Fractional CTO Technical Review CTO Hire 414

The Startup Magazine

SEPTEMBER 26, 2022

Online retail sales are a $ 4.9 retail sales. For even the largest global brands, it’s been a challenge to overcome barriers to premium mobile commerce entry, including speed, cost, and the technical talent to meet demand for a heightened experience. Some estimate it may actually cost as much as 7 percent in conversions.”

Analytics 147

Analytics Mobile Japan eCommerce 147

Startup Professionals Musings

JUNE 18, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. 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.

Cost 255

Cost Burn Rate SEM Startup 255

YoungUpstarts

MAY 9, 2013

Online storefronts have proven to be a cost-effective way to ring up more sales because they provide customers with self-service and self-ordering capabilities, which saves money and manpower. For example, don’t feature air conditioners in the winter unless they’re part of a clearance sale. Don’t set and forget.

Sales 196

Sales China B2B Global 196

Steve Blank

OCTOBER 31, 2014

But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. China, Russia, Brazil, India, Indonesia all meet those criteria. while building their products in China. sales office. Outside the U.S.

Global 335

Global Australia Silicon Valley China 335

Gust

JUNE 10, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. 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.

Cost 139

Cost Burn Rate SEM Startup 139

Hearpreneur

JULY 24, 2020

5- More due to low costs. The cost of technology and the services needed to start and run a business has come down dramatically. I also think that companies are starting to recognize more and more that affiliate programs allow them to increase their gross sales. million workers and generate revenue of $1.9

Entrepreneur 136

Entrepreneur Technical Review Security Demand 136

Steve Blank

MARCH 4, 2014

Facing continuous disruption from globalization, China, the Internet, the diminished power of brands, changing workforce, etc., Sales teams are commission-based, executive compensation is based on EPS, revenue and margin, business units on revenue and margin contribution, etc. What Does this Mean?

IRR 335

IRR Startup Business Model Agile 335

Startup Professionals Musings

JULY 27, 2014

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

Entrepreneur 260

Entrepreneur Burn Rate Social Media LLC 260

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Clearly define the customer, channel, and revenue model associated with this solution. You won’t impress investors by claiming that everyone in China needs one, and nobody else has exactly the right features to compete with you.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

YoungUpstarts

APRIL 1, 2015

The Internet of Things offers device vendors like Lenovo the opportunity to diversify their consumer portfolios, increase revenue and profits, and establish deeper relationships with customers. This approach fits Lenovo’s culture of device proliferation, rapid decision-making, and efficient sales and marketing.

Marketing 100

Marketing China Internet Portfolio 100

Steve Blank

APRIL 1, 2020

Any place with a fixed cost that relies on foot traffic will come under pressure. Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Cut costs to stay alive for 24 months. Sales pipeline/forecast. Payroll costs/other variable costs. Unemployment %.

South Korea 333

South Korea Salary Business Model China 333

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Clearly define the customer, channel, and revenue model associated with this solution. You won’t impress investors by claiming that everyone in China needs one, and nobody else has exactly the right features to compete with you.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

FEBRUARY 15, 2011

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. 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.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Steve Blank

FEBRUARY 10, 2016

our product is manufactured in Shenzhen, China … along with most of the high-tech electronics in the world, so we had to locate a factory, we had to find the right partner to build this product and work with us …. But it’s sales that really drive your progress with those three groups of people.

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Clearly define the customer, channel, and revenue model associated with this solution. You won’t impress investors by claiming that everyone in China needs one, and nobody else has exactly the right features to compete with you.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Clearly define the customer, channel, and revenue model associated with this solution. You won’t impress investors by claiming that everyone in China needs one, and nobody else has exactly the right features to compete with you.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Both Sides of the Table

MAY 23, 2012

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. They need a combination of capital and experience to separate from the rest of the pack – the low cost of starting a business means it is even more vital to become the market leader more quickly.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Up and Running

MAY 16, 2016

To supplement this guide, I interviewed an expert in the home health care field: Carol Byrne is the National Sales Director for 21st Century Health Care Consultants, a consulting firm which serves home health care agencies throughout the United States. Nursing aide. Social work. Occupational, physical, and speech therapy.

North America 95

North America United States Technical Review America 95

Cracking the Code

DECEMBER 16, 2006

however, public SaaS companies like Concur, Saba, Taleo, LivePerson and Ultimate are growing 50-100% per year and trading at an average 5x trailing revenue multiples (I excluded salesforce leading the pack with 9x!) whereas traditional software companies of this size have a growth rate of less than 10% and revenue multiples of 2-2.5x.

Software Review 48

Software Review Silicon Valley Technical Review Software 48

The Next Web

AUGUST 30, 2013

Moreover, given the salary differences across markets, one person in three of these countries can often cost about the same as one in Singapore or Hong Kong. Another learning I’ve come across the hard way is to stay away from ‘sales consultants.’. However, this is more of a luxury than a necessity. Keep it simple.

Asia 129

Asia Operations Indonesia Thailand 129

Mucker Lab

DECEMBER 2, 2015

For the first time, entrepreneurs could build consumer services AND distribute them at scale with almost no physical middle men and inventory costs. Inventory holding costs create significant working capital requirements and risk. Low switching costs and built-in product “half-life” demolish customer loyalty.

Vertical 60

Vertical Widget Distribution China 60

Startup Professionals Musings

FEBRUARY 13, 2010

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. 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.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

Austin Startup

MARCH 26, 2019

You just spent a few thousand dollars on advertising and your paid customer acquisition cost (CAC) numbers tested well relative to your best guess for customer lifetime value (LTV). All else being equal, the incremental cost of acquiring the next customer will always be higher than the last. What happens at 3X?

Technical Review 49

Technical Review Software Review China Acquisition 49

Hearpreneur

OCTOBER 31, 2021

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Treasury invested $50 billion in General Motors a month later and made $39 billion from the sale of its shares later that. billion in revenue annually. It cost him $4.8B Durant in 1908.

Entrepreneur 120

Entrepreneur Software Review Las Vegas Bankruptcy 120

Austin Startup

MARCH 15, 2017

If I buy a product from overseas in China, I’m having faith the shipper will operate on good faith but scared of being ripped off, that’s what make me human. It cost billions, cost years and distract from the core mission trying to create your own code ecosystem. I don’t want a world where “trustless” is enforced, that’s boring.

Technical Review 54

Technical Review Silicon Valley Software Review XML 54

YoungUpstarts

AUGUST 14, 2017

For those that do, the benefits are a bigger customer base, higher revenues and higher profitability. There has been a tremendous revolution in software in the last 5+ years that has brought down the cost of setting up a full service, secure e-commerce store to roughly the cost of an bottle of wine (per month).

Global 145

Global Small Business Asia Singapore 145

Reid Hoffman

MARCH 19, 2019

And, as the industrial revolution showed us, there are some real costs to scale. Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine. If O’Reilly had that same insight in 1995, it could have been an amazing blitzscaling opportunity.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

www.businessweek.com

JUNE 18, 2012

If your app was too popular, the costs would explode,” says entrepreneur Alexander Marktl, whose startup, Sonico Mobile, makes a foreign-language translation app. “As Globally, sales of voice recognition software for wireless devices should reach $21.3 Jack Ma Is the Loneliest Billionaire in China. billion by 2018, up from $3.5

Greece 45

Greece Ukraine New Hampshire China 45

Rob Go

JANUARY 21, 2016

It would cost way too much money and way too many years of R&D and new patents to be able to create a razor that shaves more effectively. Either you need some structural cost advantage that others can’t match, or you need to be generating revenue in a very different way that subsidizes your lower product margins.

Disintermediation 28

Disintermediation Distribution Demand Flash 28

Transformify

MARCH 20, 2020

It is highly likely that thousands of small businesses will go bankrupt as few can afford to pay rent and salaries while generating no revenue at all. Unless the operating costs are cut to the bare minimum, many budget carries may not survive the economic crisis caused by COVID-19. 70-80% job cuts are likely.

Italy 92

Italy South Korea Bulgaria Los Angeles 92

abovethecrowd.com

FEBRUARY 27, 2019

Unfortunately, either information asymmetry or physical distances and the resulting distribution costs can both cut against the economic advantages that would otherwise arise for all. By aggressively launching a free to use service, Alibaba’s Taobao quickly became the leading person-to-person trading site in China. annual GMV.

Internet 88

Internet Matching Vertical Hosting 88

K9 Ventures

JULY 21, 2016

Expensive iterations: Depending on the product doing a new rev of the hardware may cost thousands of dollars or more and could also take weeks if not at least several days. Sourcing may also involve several trips to China, India, Thailand, or other countries and cities that you may not otherwise consider traveling to for vacation.

Software Review 48

Software Review Forecast Portfolio Distribution 48

ConversionXL

MAY 16, 2018

The cars we drive, the computer or mobile device you are using to read this sentence, the Great Wall of China, Abercrombie and Fitch advertisements – all of them have gone through some form of the scientific method applied many times over a period of months, years, or even decades. Common examples are Revenue and Conversions.

Marketing 133

Marketing Metrics Programming Design 133

YoungUpstarts

MARCH 26, 2017

Once viewed purely in terms of its potential to yield cost efficiencies, supply chain management has evolved. Closer to home, China-based furniture retailer Markor realized that it could innovate its supply chain to identify trends in customer purchasing behavior. Making supply chains customer-centric. . Embracing innovation. .

Asia 100

Asia China Arizona Africa 100

Software By Rob

AUGUST 18, 2010

The only thing that seemed to be consistent about my growth was that my revenue was relatively flat while my user base kept growing. A 354 percent increase in abuse-related issues like spamming, followed by a 245 percent increase in legal costs dealing people trying to game the system.&# Where was this info when I needed it?

Software Review 78

Software Review Software Revenue Cofounder 78