Startup Professionals Musings

MAY 14, 2023

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Things will cost more than you expect. If your runway is less than a year, it’s time to either begin looking for a new cash infusion or defining and implementing a Plan B to assure survival.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

APRIL 4, 2022

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

NOVEMBER 23, 2020

This is a trap of the past to be avoided at all costs. They overtly set out to create the future as a mission distinctly separate from their performance engine of today. The future needs to be treated as today by a team and a process that is insulated from interference, but empowered to draw on necessary performance engine resources.

Framework 402

Framework Engineer Leadership Revenue 402

Startup Professionals Musings

DECEMBER 3, 2021

What validates credibility and makes your site memorable in the minds of consumers, and how much does it cost? Don’t forget basic Search Engine Optimization (SEO) so search engines improve your ranking. These are all minimal-cost survival marketing efforts. Put yourself on the site. People buy from people.

Internet 294

Internet Web Affiliate Advertising 294

Startup Professionals Musings

OCTOBER 10, 2021

Balance your focus on engineering elegance. At some point, this becomes compulsive engineering, and the tradeoffs in time to market, cost, and user friendliness move the product out of the intended market. They are your early opinion leaders, so they are required to build the image that the rest will follow.

Technical Review 294

Technical Review Product Customer Restful 294

Startup Professionals Musings

DECEMBER 6, 2019

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

JANUARY 29, 2022

Here are the key parameters that can swing the pendulum: Engineers have an uncontrollable ability to add more features. Cost of a planning cycle is greater than cost of an execution iteration. Many good ideas never get off the ground, simply because the product or service is never “finished.”

Marketing 302

Marketing Technical Review Cost Product Development 302

Startup Professionals Musings

AUGUST 19, 2020

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Things will cost more than you expect. If your runway is less than a year, it’s time to either begin looking for a new cash infusion or defining and implementing a Plan B to assure survival.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Startup Professionals Musings

AUGUST 13, 2022

Wessel also summarizes the costs and potential impacts of creating and building your startup in secondary markets, usually meaning not in Silicon Valley or one of the other super-hubs: It takes longer to raise money. It’s very important. It decreases your odds of being bought. When it comes to the technology ecosystem, clusters are vital.

Las Vegas 309

Las Vegas Silicon Valley Arizona Montana 309

Startup Professionals Musings

JUNE 30, 2019

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

JUNE 2, 2023

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. Your startup is in a high-failure-rate business sector.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

Startup Professionals Musings

FEBRUARY 20, 2019

What validates credibility and makes your site memorable in the minds of consumers, and how much does it cost? Don’t forget basic Search Engine Optimization (SEO) so search engines improve your ranking. These are all minimal-cost survival marketing efforts. Put yourself on the site. People buy from people.

Affiliate 221

Affiliate Advertising Technical Review Social Network 221

Startup Professionals Musings

DECEMBER 27, 2019

For example, when delivery costs and delays were still a major online sales hurdle, Amazon Prime membership was invented to offer free next day shipping. It has proven to be a huge customer growth engine, and now has over 100 million members globally. The cost of being late is hard to recover.

Global 308

Global Marketing Technical Review Algorithm 308

Startup Professionals Musings

NOVEMBER 10, 2018

Balance your focus on engineering elegance. At some point, this becomes compulsive engineering, and the tradeoffs in time to market, cost, and user friendliness move the product out of the intended market. They are your early opinion leaders, so they are required to build the image that the rest will follow.

Technical Review 240

Technical Review Restful Engineer Technology 240

Startup Professionals Musings

APRIL 26, 2019

Here are the key parameters that can swing the pendulum: Engineers have an uncontrollable ability to add more features. Cost of a planning cycle is greater than cost of an execution iteration. Many good ideas never get off the ground, simply because the product or service is never “finished.”

Technical Review 233

Technical Review Startup Cost Product Development 233

Startup Professionals Musings

MAY 5, 2017

The cost of entry is at an all-time low, working from home through an Internet website seen globally, turning a hobby or an invention into an online business. All marketing costs money, including viral marketing, search engine optimization, click-through, and social media support. Focus on usability, layout, sound, and video.

Cost 144

Cost Social Media Startup Viral 144

Startup Professionals Musings

SEPTEMBER 29, 2018

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Things will cost more than you expect. If your runway is less than a year, it’s time to either begin looking for a new cash infusion or defining and implementing a Plan B to assure survival.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. Your startup is in a high-failure-rate business sector.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Startup Professionals Musings

JULY 14, 2014

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

APRIL 16, 2023

Here is my summary of the seven most successful lead-generation vehicles he and I still recommend today, despite the popularity of viral marketing: Search-engine marketing. For new product startups, search engine marketing (SEM) is still one of the most cost-effective and scalable lead-generation approaches.

Lead Generation 285

Lead Generation SEM Viral Marketing 285

Startup Professionals Musings

FEBRUARY 19, 2013

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

NOVEMBER 17, 2014

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Since you can predict that your first iteration will somehow miss the mark, speed and cost of pivoting are critical. Show some traction before funding. Fail fast and cheap.

Agile 253

Agile Startup Social Network Software Developers 253

Startup Professionals Musings

AUGUST 22, 2021

Optimize your content for search engines to get attention. According to relevant reports , 93 percent of online experiences start with a search engine. If you have a consistent and valuable presence on your site and your social media channels, you have a better chance of a higher ranking on search engine result pages.

Customer 431

Customer Marketing Social Media Channel 431

Startup Professionals Musings

APRIL 14, 2014

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites, for example, cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. Now the price is closer to $100 if you are willing to do the work yourself. Start simple.

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Startup Professionals Musings

JANUARY 12, 2018

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

NOVEMBER 9, 2019

Wessel also summarizes the costs and potential impacts of creating and building your startup in secondary markets, usually meaning not in Silicon Valley or one of the other super-hubs: It takes longer to raise money. It’s very important. It decreases your odds of being bought. When it comes to the technology ecosystem, clusters are vital.

Las Vegas 243

Las Vegas Silicon Valley Arizona Montana 243

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

Startup Professionals Musings

NOVEMBER 23, 2014

Balance your focus on engineering elegance. At some point, this becomes compulsive engineering, and the tradeoffs in time to market, cost, and user friendliness move the product out of the intended market. They are your early opinion leaders, so they are required to build the image that the rest will follow.

Technical Review 259

Technical Review Entrepreneur Restful Engineer 259

Startup Professionals Musings

OCTOBER 3, 2010

Probably every one of you who has a business and a website have been approached through email or personal contact, and asked to spend money on Search Engine Marketing (SEM). Search engine marketing is simply buying advertising for your business from Google or another search engine company. Cost per click (CPC).

Search 225

Search Engineer SEM Widget 225

Startup Professionals Musings

AUGUST 20, 2013

What validates credibility and makes your site memorable in the minds of consumers, and how much does it cost? Don’t forget basic Search Engine Optimization (SEO) so search engines improve your ranking. These are all minimal-cost survival marketing efforts. Put yourself on the site. People buy from people.

Startup 263

Startup Affiliate Advertising Technical Review 263

Startup Professionals Musings

JUNE 9, 2013

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Since you can predict that your first iteration will somehow miss the mark, speed and cost of pivoting are critical. Show some traction before funding. Fail fast and cheap.

Agile 263

Agile Startup Social Network Software Developers 263

Startup Professionals Musings

OCTOBER 5, 2014

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Things will cost more than you expect. If your runway is less than a year, it’s time to either begin looking for a new cash infusion or defining and implementing a Plan B to assure survival.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

FEBRUARY 14, 2021

Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. My perspective as an angel investor is that once you get past early adopters, most people won’t switch to a new approach unless they perceive a cost or time savings or speed advantage of at least 20 percent.

Intellectual Property 417

Intellectual Property Angel Investor Dilution Differentiation 417

Startup Professionals Musings

FEBRUARY 18, 2017

What validates credibility and makes your site memorable in the minds of consumers, and how much does it cost? Don’t forget basic Search Engine Optimization (SEO) so search engines improve your ranking. These are all minimal-cost survival marketing efforts. Put yourself on the site. People buy from people.

Affiliate 136

Affiliate Advertising Technical Review Social Network 136

Startup Professionals Musings

NOVEMBER 27, 2011

Search engine marketing (SEM). This popular form of Internet marketing seeks to increase website ranking in search engine results. Techniques include search engine optimization (SEO) and paid result placement. Viral marketing costs real money, but is often worth it. Facebook alone has 800 million active members.

Internet 239

Internet SEM Wiki Viral 239

Startup Professionals Musings

NOVEMBER 18, 2011

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. This costs nothing, and allows you to safely collect money from customers all around the world.

Hosting 248

Hosting Bootstrapping .Net Social Network 248

Startup Professionals Musings

JANUARY 10, 2013

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. This costs nothing, and allows you to safely collect money from customers all around the world.

eCommerce 196

eCommerce Hosting Bootstrapping .Net 196