Startup Professionals Musings

FEBRUARY 25, 2017

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create, and these are only the beginning. Seed viral activity. That’s a double death wish.

Campaign 167

Campaign Cost Viral Marketing 167

The Startup Magazine

FEBRUARY 3, 2022

In many business sectors, warehouse operations are at the heart of success. When these operations are efficient, companies can meet customer demand quickly and maintain stable costs. If your warehouse has been operational for decades, the equipment is probably outdated or slow due to intense utilization.

Software Review 134

Software Review Product Technical Review Operations 134

ConversionXL

OCTOBER 25, 2018

It’s also the same one we apply to demand generation. You (supposedly) do demand generation—or you would if you just ran LinkedIn ads, too. But demand generation isn’t a pile of tactics. It’s hard to do, which is why most demand generation advice merely advocates adding another channel or tool to the heap. You email them.

Demand 132

Demand Vertical Campaign Channel 132

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. For example, manufacturing companies use On-demand courier delivery apps for kickstarting their production activities in their factories and plants. Why would courier service apps always be in high demand? How does an Uber for courier delivery app work?

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Women Entrepreneurs Can

NOVEMBER 17, 2023

Budgeting for the total costs of a custom solution, including user training and support, is essential. Cost-Effectiveness Medical billing software can reduce operational expenses by lowering the amount of manual transactions needed to be processed. Medical coding is complicated, and mistakes are costly.

Software Review 52

Software Review Software Cost Algorithm 52

YoungUpstarts

JANUARY 30, 2015

Google is focused on expanding its already broad reach into the advertising market by increasing the span and coverage of its digital and mobile platforms, and the company’s 4Q14 results highlight how the company’s efforts to buttress its core services is paying off: Google’s revenue and gross profit climbed 15.3% billion and generated $4.1

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

YoungUpstarts

NOVEMBER 2, 2020

Expecting to access a seamless digital experience on demand is more like a value. And here’s the thing: Almost all businesses have digital operations, so you may think yours is meeting customer expectations. Customers today demand a superior digital experience. REASON 4: Digitally Driven Companies Have Greater Revenue Growth.

Valuation 264

Valuation Technical Review Revenue Operations 264

View from Seed

MARCH 20, 2020

This has the potential to dramatically reduce cost and increase access to higher education. While online education brings considerable positives in the form of increased access and reduced costs, there are several downsides to consider. This will hopefully help local restaurants weather the storm, while increasing delivery demand.

New York City 374

New York City Demand Technical Review Non-Compete 374

Berkonomics

NOVEMBER 27, 2019

The massive shift in revenue models in recent years. Until someone realized that recurring revenues were much more highly valued by the subsequent buyers of similar businesses and investors, and that loyal users would be willing to pay annually. As former buyers, our costs as users goes up, sometimes dramatically.

Revenue 62

Revenue Software Review Application Development Valuation 62

Startup Professionals Musings

FEBRUARY 25, 2023

According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs. The buyer has the challenge of scaling the business, and managing all the operational growth requirements.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

Startup Professionals Musings

JULY 13, 2012

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create. People are more demanding and have more choices than ever before.

Viral 238

Viral Cost Marketing SEM 238

Up and Running

MAY 10, 2021

With the spread of the pandemic of 2020, certain apps have become extremely popular like video conferencing apps, on-demand service apps, etc. . In this article, we will talk about the trends and the cost of mobile app development with a forecast for 2021. One last thing to consider is the operating system. Trillion by 2025.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

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. Operating Numbers. Payroll costs/other variable costs. External Assessment.

South Korea 333

South Korea Salary Business Model China 333

Both Sides of the Table

DECEMBER 27, 2011

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. ” If you’re not profitable you’re purely a cost center to them. Simplifying: Revenue -. Cost of Goods Sold (COGS) =.

Startup 418

Startup Revenue Technical Review Flash 418

YoungUpstarts

FEBRUARY 12, 2020

Consider investing in these four software categories to improve business performance and bring in more revenue. There are a variety of powerful, low-cost, SaaS-based marketing automation tools available that enable SMBs to deliver buyer journeys and experiences like the big players. Marketing automation software.

Small Business 173

Small Business Agile Software Software Developers 173

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

YoungUpstarts

JULY 16, 2019

New emerging technologies have been the key catalyst for in-demand jobs. Tech Association listed five tech jobs in high demand until 2021. This generated $16 billion in annual revenues in 2015. The Information and Communication Technology Council said the top in-demand jobs in Calgary are focussing on a digital future.

Canada 167

Canada Hiring Artificial Inteligence Software Developers 167

Startup Professionals Musings

MAY 25, 2020

According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs. The buyer has the challenge of scaling the business, and managing all the operational growth requirements.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

The Startup Magazine

OCTOBER 19, 2020

Operating a business in the twenty-first century is quite difficult. In addition to the complexities of business operations, companies face extreme competition in the market. Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

Startup Professionals Musings

FEBRUARY 24, 2019

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. At any rate, “buzz-worthy” and “viral” are marketing illusions that cost big money to create, and these are only the beginning. Seed viral activity. That’s a double death wish.

Viral 268

Viral Marketing SEM Campaign 268

Startup Professionals Musings

AUGUST 25, 2018

The cost of rolling out a business has never been lower – it only takes a few hundred dollars to incorporate a Limited Liability Corp (LLC) online, create your own website, use social media to get attention, and you are in business. In the early Internet days, it would cost a million dollars to get this far.

Technical Cofounder 184

Technical Cofounder Intellectual Property Silicon Valley LLC 184

Up and Running

FEBRUARY 16, 2022

Due to the nature and growing popularity of online fitness, you should also include how you will differentiate your business and specifically operate in the online space. How it has evolved, popular trends, such as online workouts, exercises, and on-demand fitness content, and relate it back to how you will operate in this market.

Business Plan 81

Business Plan Software Review Demand Operations 81

The Startup Magazine

DECEMBER 28, 2020

Described as using digital technology to perform a process or series of processes to accomplish a function or workflow, healthcare process automation has automated menial tasks, ensuring healthcare practices save time and money and focus on tasks that demand their immediate attention. Enhance Revenue Cycle Management.

Technical Review 173

Technical Review Software Review Analytics Demand 173

YoungUpstarts

JULY 15, 2020

The vacation rental industry is lucrative, but it’s also demanding, and this has prompted the popularity of vacation rental software , such as iGMS. The platform is designed to help hosts streamline operations, manage their properties, and make the most of their vacation rental property portfolio. Pros of iGMS Vacation Rental Software.

Software Review 234

Software Review Software Hosting Portfolio 234

The Startup Magazine

OCTOBER 22, 2020

Each product has a diverse customer base and demand trends. For example, you can ascertain which products earn you the most revenue, which products generate the most goodwill, the seasonal demands of the products, etc. Cost management is imperative in reducing costs. Not every product aims at the entire market.

Analytics 131

Analytics Portfolio Advertising Technical Review 131

Both Sides of the Table

APRIL 20, 2017

million in capital to build out its operations in 4 cities: New York City , Los Angeles , Chicago and Washington D.C. So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? years of software development.

Technical Review 268

Technical Review Los Angeles Software Review Artificial Inteligence 268

The Startup Magazine

OCTOBER 4, 2023

This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. Market research involves gathering information about potential customers in your target area, competitor strategies, pricing scales, and demand patterns amongst other things.

Balance Sheet 106

Balance Sheet Technical Review Business Model Business Plan 106

YoungUpstarts

OCTOBER 13, 2020

The measures to prevent the spreading of the virus induced a global reduction of the travel demand. The global lockdown, due to the pandemic, has forced companies to digitize their operations. As pointed out by McKinsey , corporate travel is a major revenue source for many airlines and hotel chains.

Technical Review 278

Technical Review United States China Cofounder 278

The Startup Magazine

JANUARY 17, 2021

While measuring the sales revenue, it might take time to figure out those marketing parts that yield sales. OPERATING CASH FLOW. Regular checking and evaluating the company’s operating cash flow is necessary to infer the paying ability of deliveries and operational costs. COST PER CONVERSION.

.Net 92

.Net Metrics Retention Revenue 92

YoungUpstarts

DECEMBER 2, 2019

Not only does the outsourcing business model improve performance and reduce a company’s overall costs – a significant appeal to bootstrapped startups – but it also gives you access to a worldwide talent pool that would otherwise be beyond your range. Inefficiencies can often cost businesses between 20-30% of their annual revenue.

Technical Review 147

Technical Review Due Diligence Technical Support Bootstrapping 147

YoungUpstarts

SEPTEMBER 24, 2019

In fact, suppliers already prefer electronic invoicing formats that drastically reduce operational costs. On average, invoices cost AP departments about $30 each to send , while e-invoicing costs only an average of $3.50. This means that complex cross-border payments will prove ever more important to your operations.

Artificial Inteligence 165

Artificial Inteligence Technical Review Cofounder Cloud 165

YoungUpstarts

SEPTEMBER 4, 2016

This integral element of most businesses is woven through every aspect of operations. On an elementary level, this translates into efficient manufacturing at a lower cost. Learn how these disjointed sources of materials affect your supply chain costs and cause potential delays. Don’t Forget the Hidden and Indirect Costs.

Management 145

Management Forecast Los Angeles San Francisco 145

Start Up Blog

FEBRUARY 26, 2023

Likewise, when the Airline Industry had low cost airlines arrive. A new business model emerged, but because it was utilising existing technology: planes, airports and booking engines, legacy players could plug in low cost sub-brands. Their Google search engine commands a 90%-plus share in most of the markets it operates in.

ChatGPT 90

ChatGPT Technical Review Generative AI Azure 90

ReadWriteStart

FEBRUARY 22, 2022

The niches these companies operate in are also directly connected to the R&D investment by industry: high tech, media, and telecom are the top-second industries investing most in research and development. The companies need to respond to these changes using the data-driven approach and suggest a better way to satisfy the new demands.

Offshore 140

Offshore Demand Germany Global 140

YoungUpstarts

AUGUST 24, 2017

Subscription business brings recurring revenue. This allows you to enjoy a constant source of incoming revenue, as long as you’re keeping the subscribers satisfied (that is of course essential). Through customer acquisition, you’ll work to grow the revenue and then, use that revenue to cover operational costs.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Steve Blank

MAY 17, 2022

For the last 75 years computers (we’ll call these classic computers) have both shrunk to pocket size (iPhones) and grown to the size of warehouses (cloud data centers), yet they all continued to operate essentially the same way. Classic Computers – Programming. Classic Computers – Software Updates, New Features. Example here.

Artificial Inteligence 417

Artificial Inteligence Software Review Algorithm Technical Review 417

Startup Professionals Musings

OCTOBER 16, 2023

Yet every business requires revenue and volumes, as certainly as it requires a product to sell. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Per-unit cost less cost of goods sold is your gross profit or margin. Doubling revenue each year is a good target.

Forecast 290

Forecast Burn Rate Widget Business Plan 290