ConversionXL

FEBRUARY 3, 2022

In this article, you’ll learn how to build a marketing growth strategy to increase your market penetration, market share, and revenue. A marketing growth strategy goes deeper into customer relationships to uncover opportunities that engage, activate, and retain. Your customers want different things. Market penetration.

Marketing 115

Marketing Framework Metrics Channel 115

YoungUpstarts

SEPTEMBER 12, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ The old paradigm works like this: Your company produces goods and services that help customers get a job done. In return, the customers pay you money.

Customer 168

Customer Social Media Retention Canada 168

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Both Sides of the Table

MAY 27, 2013

In his tenure as CEO of DataSift we have never missed a monthly revenue figure. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. And by now we all consider him a friend.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

YoungUpstarts

OCTOBER 10, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. Talented product developers. No one can truly understand your customers or genuinely share their interests unless she is a customer herself. Are you ready to grow your company? That’s right.

Customer 154

Customer Fractional CTO Canada Technical Review 154

Steve Blank

NOVEMBER 12, 2019

Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. It’s not that these companies are smarter than Defense Department employees, but they operate with different philosophies, different product development methodologies, and with different constraints.

Government 313

Government Artificial Inteligence Silicon Valley North Korea 313

YoungUpstarts

OCTOBER 22, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

Programming 145

Programming Customer Social Media Advisory Board 145

YoungUpstarts

APRIL 17, 2018

impactful work (we point to specific features that are being used by 100s of customers) and 3. Employees can also be a valuable source of referrals. It doesn’t take long to ask your employees and network, so do it. Not sales, product development, or fundraising. cutting edge technology (WebRTC), 2. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal.

Customer 167

Customer San Francisco Lean Hockey Stick 167

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. They stand out with their product’s quality (both physical and digital). Reasons for new product development.

Offshore 140

Offshore Demand Germany Global 140

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. After all, these departments work tirelessly to secure deals and generate revenue, only to face setbacks when payments aren’t collected promptly. To thrive, a business must excel in a multitude of functions.

Software Review 40

Software Review Metrics Analytics Software 40

Startup Professionals Musings

DECEMBER 7, 2022

Some make big mistakes, such as Webvan expanding too fast with a huge infrastructure, and Pets.com , trying to grow the business with a negative margin, under the mistaken assumption that winning customers is more important than making a profit. Ask every employee to focus on sales. Introduce new products and enhancements every month.

Startup 335

Startup Social Media Metrics Viral 335

ConversionXL

JANUARY 18, 2022

Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. One neglected its positioning by failing to target the biggest pain point, and the other failed to build a brand that its customers could trust above the other major players.

Marketing 110

Marketing Product Audience Equity 110

Startup Professionals Musings

JULY 2, 2022

Both risks and opportunities in this area can arise from many aspects of your startup, before and after product development. Then you walk the delicate balance between burn rates, revenue flows versus expenses, investment in marketing, and employees. Operational. Look at marketing as an investment, not an expense.

Burn Rate 382

Burn Rate Angel Investor Operations Demand 382

YoungUpstarts

DECEMBER 7, 2017

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle.

Cost 100

Cost Developer Small Business Administration Marketing 100

Startup Professionals Musings

MARCH 4, 2016

Assume you already know what your customers need and want. Just because you love a new solution doesn’t mean your customers will love it. Before spending any money, make sure you interact directly with potential customers, industry experts and investors. Forecast revenue growth that defies business principles.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120

Hearpreneur

JANUARY 26, 2022

To overcome these challenges, leaders will need to keep people at the center of our conversations, and organizations will need to help their employees build emotional intelligence and expert people skills. You're likely going to be experiencing revenues in waves, owing to the pandemic booms and dips, and the varying regulations.

Software Review 122

Software Review Technical Review Artificial Inteligence Entrepreneur 122

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit. After that, the money is used to maintain the company’s expansion.

Seed Stage 130

Seed Stage Technical Review Early Stage Due Diligence 130

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

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. 1x hacker in charge of product/development. 1x hipster working with both product and growth.

Revenue 60

Revenue Acquisition Channel Campaign 60

Startup Professionals Musings

MAY 4, 2016

Building a minimum viable product, with customer validation. Minimum viable products (MVPs) are recommended for validating the market, with iterative enhancement to quickly meet market feedback. Building your public image and presence should start even before product development, through your website, logo, and blogging.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

YoungUpstarts

MAY 23, 2018

They’re people who like to build things, or they’re people who like to connect with others, but they’re rarely people who like to fill in spreadsheets and review reports and come up with predictive data models that tell them how long they can keep operating on their current revenue. Often, founders have an entrepreneurial mindset.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

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. Switch your attention from product development to sales. These only come with the proper training, investment in tools, and focus on customer relationships.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

YoungUpstarts

OCTOBER 24, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. It’s hard to believe these are the methods and tools of a profession designed to attract and persuade us to become customers — especially when “we the buyers” increasingly ignore them. Pushy salespeople. Yeah, right!

Marketing 234

Marketing Software Review Technical Review Social Network 234

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. For the first few years, your VCs want you to keep your head down, build the product, find product/market fit and ship to get to some inflection point (revenue, users, etc.). If so, how is the revenue measured? ——-.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

Startup Professionals Musings

MARCH 9, 2020

Some make big mistakes, such as Webvan expanding too fast with a huge infrastructure, and Pets.com , trying to grow the business with a negative margin, under the mistaken assumption that winning customers is more important than making a profit. Ask every employee to focus on sales. Introduce new products and enhancements every month.

Social Media 329

Social Media Metrics Viral Channel 329

Hearpreneur

DECEMBER 30, 2020

Customers would often ask me about business credit but I knew nothing about it and couldn’t find anything about it online. My expertise in product development and project management came after working as a consultant in many industries. As more asked, I did more digging. I discovered that business. This is where we come in.

Technical Review 143

Technical Review Entrepreneur Software Review SEO 143

YoungUpstarts

MAY 6, 2019

Product development. Now that you have a refined product idea and a team that can turn this idea into reality, the product development stage will start. Initial product development usually consists of prototyping and MVP. Prototyping usually means the initial working draft of the product idea.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Hearpreneur

SEPTEMBER 22, 2021

It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. It seeks to solve customer problems in a better and modern way and helping such companies edge the competition. As we continue to work from home, it has become an essential tool for remote employees.

Technical Review 124

Technical Review Entrepreneur Software Review SEO 124

The Startup Magazine

JUNE 4, 2024

Examples of Goals Increase Market Share: By expanding your product line, aim to capture 10% more of the market within two years. Customer Satisfaction: Improve customer satisfaction scores by 15% in the next year through enhanced support and product improvements. Positive cash flow is essential for business expansion.

Technical Review 117

Technical Review Agile Audience Employee 117

ReadWriteStart

JULY 12, 2023

InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees. Products offered by the business consist of a help desk for employees, security compliance tools, and budgeting software. Gesto decided to scale InvGate after bootstrapping for the past 14 years.

United States 121

United States Management Mexico Artificial Inteligence 121

Hearpreneur

DECEMBER 24, 2017

As we continue to grow as a company, we will strive to remain a great place where our employees love to work. We’re very new to the industry, and while we’re passionate about the product, there have been obstacles every step of the way – production, shipping, distribution, etc. Photo Credit: Rune Sovndahl.

Las Vegas 89

Las Vegas Entrepreneur Software Review Community 89

SVPG

NOVEMBER 22, 2013

But one of the real advantages from a product point of view is that there’s no legacy to drag along, there’s no revenue to preserve, and there’s no reputation to safeguard. However, once your product develops to the point that it can sustain a viable business (congratulations!), It’s not.

Product 67

Product NDA Continuous Deployment Reputation 67

Startup Professionals Musings

SEPTEMBER 30, 2019

Both risks and opportunities in this area can arise from many aspects of your startup, before and after product development. Then you walk the delicate balance between burn rates, revenue flows versus expenses, investment in marketing, and employees. Operational. Look at marketing as an investment, not an expense.

Entrepreneur 267

Entrepreneur Burn Rate Angel Investor Operations 267

The Next Web

MARCH 6, 2014

The business development team needs to see the customer feedback they deliver make it back into the product, and the tech team needs to see reasonable requests to develop new features without a constant stream of changing direction. At Red Branch, we stress that employees’ skills have distinct market values.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

Transformify

MARCH 14, 2020

These days, due to coronavirus outbreak, many businesses have asked their employees to work from home. At the same time, the stock markets collapsed, and most businesses already report skyrocketing losses, unmet revenue targets and insufficient stock due to production slow down in China, India and the rest of the world.

Hiring 98

Hiring Bulgaria Italy Spain 98