Startup Professionals Musings

MAY 14, 2023

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Buffer your projected resource requirements.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

The Startup Magazine

MARCH 7, 2024

From identifying your audience to understanding the market and mapping out your finances, entrepreneurs have found they have a lot to do before building a successful venture. But luckily, gone are the days when entrepreneurs have to spend countless hours on these beginning steps.

Artificial Inteligence 118

Artificial Inteligence Entrepreneur Algorithm Cofounder 118

ReadWriteStart

DECEMBER 15, 2022

This allows the studio to develop processes, well-organized development teams, and growth plans. But I recommend entrepreneurs and prospective business builders consider the Agency Builder model. So an entrepreneur forming a startup studio benefits from having experience in the industry sector they hope to serve.

Incubator 188

Incubator Startup Software Developers Software Development 188

Hearpreneur

OCTOBER 27, 2023

Being an entrepreneur or business owner has its share of ups and downs. While the downs can be pretty low the ups always seem to triumph for a true entrepreneur at heart. Milestones are what entrepreneurs and business owners work towards. Once you finally reach a certain point then reflection can truly begin.

Entrepreneur 104

Entrepreneur Jordan Software Review Technical Review 104

Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. Then there are those pesky competitor responses, always driving down margins and forcing you to develop new features.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Leave the world of new computer chips and new drugs to the big companies, and people with deep pockets.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Hearpreneur

FEBRUARY 21, 2024

When entrepreneurs silently disengage from their ventures, it can result in missed opportunities for innovation, loss of valuable expertise, and a chilling effect on the entrepreneurial spirit within communities. We asked entrepreneurs, and business owners how quiet quitting affects entrepreneurship. Here are the responses. #1-

Entrepreneur 109

Entrepreneur Employee Revenue LLC 109

Hearpreneur

FEBRUARY 21, 2024

When entrepreneurs silently disengage from their ventures, it can result in missed opportunities for innovation, loss of valuable expertise, and a chilling effect on the entrepreneurial spirit within communities. We asked entrepreneurs, and business owners how quiet quitting affects entrepreneurship. Here are the responses. #1-

Entrepreneur 108

Entrepreneur Employee Revenue LLC 108

Startup Professionals Musings

OCTOBER 5, 2014

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cashflow personally every day. Buffer your projected resource requirements.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Both Sides of the Table

NOVEMBER 16, 2014

But if you level up , raise capital and grow customers, revenue and staff – life changes. Your most talented developer quits because he thinks his boss is a fuckwit and he can’t work with her any more. More developers? Entrepreneurs should care more about respect. What do you do? Do you hire more sales people?

CTO Hire 385

CTO Hire Entrepreneur Technical Review Leadership 385

Startup Professionals Musings

OCTOBER 21, 2022

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. According to Tim Cook at Apple, there are over 34 million registered developers in 2022. We don’t hear about the remaining several million apps that are mostly free, and garnering only trivial revenue through advertising.

Developer 345

Developer Mobile Revenue Advertising 345

Steve Blank

NOVEMBER 13, 2012

I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. After waiting for a week or so for the book to make it to Japan, I was very much shocked how impressed I was by the Customer Development Model detailed in the book. Evangelizing Customer Development in Japan.

Japan 292

Japan Customer Development Developer Customer 292

Startup Professionals Musings

OCTOBER 16, 2022

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage angel investors. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. We have a special program if you are pre-seed and need product development. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

K9 Ventures

AUGUST 13, 2010

In the end the revenue simply wasn’t enough to make a sustainable business and so we had to switch gears once more (in today’s parlance that would be a “Pivot”). Over the course of that relationship that lasted several years, we did over $1M in revenue just from HP. Let’s take another scenario — this time in my second company.

Revenue 72

Revenue Developer Java Customer Development 72

Startup Professionals Musings

AUGUST 19, 2020

Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Buffer your projected resource requirements.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Hearpreneur

DECEMBER 29, 2021

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients, or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. create impediments to personal development. 1- Expanding skillset.

Entrepreneur 137

Entrepreneur Social Media Employee Los Angeles 137

Hearpreneur

OCTOBER 25, 2023

We asked entrepreneurs, and business owners their tips on building an e-commerce business and here are the responses. #1- The expansion of e-commerce should also bring about seeing returns as a strategic lever, similar to how companies used faster delivery to drive customer experience and revenue.

eCommerce 129

eCommerce Omaha Entrepreneur SEO 129

Up and Running

JUNE 21, 2021

New tech entrepreneurs can find it difficult to surmount the onslaught of obstacles to getting a new business off the ground. Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations.

Columbus 134

Columbus SBA SBIR Utah 134

Hearpreneur

JANUARY 1, 2023

We asked entrepreneurs to share how they will prepare for the bad economy and here is what they have to say. #1- This will keep them sustainable should revenues take a dive. When you’re unsure how much revenue a market will bear, the most important thing you can do is limit how much you’re spending. 16- Develop your career.

Entrepreneur 92

Entrepreneur Software Review Technical Review Revenue 92

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Leave the world of new computer chips and new drugs to the big companies, and people with deep pockets.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

YoungUpstarts

MAY 25, 2018

You might say that Pat Mackaronis has never not been an entrepreneur. He got an early start as an entrepreneur at the age of 12 when he used to live near a golf course and would gather up lost golf balls from the players in the trees, ponds and lakes. All parts of what is vital in a business plan.

Developer 136

Developer Investment Bankers eCommerce Social Media 136

Startup Professionals Musings

NOVEMBER 1, 2014

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage Angel investors. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold.

Entrepreneur 266

Entrepreneur Advisory Board Dividend Angel Investor 266

Hearpreneur

DECEMBER 14, 2022

Often entrepreneurs and business owners create their New Year’s Resolutions around their businesses. It could be more revenue, hiring clients, or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 10- More training and development. 1- Start getting up early.

Entrepreneur 107

Entrepreneur Retention SEO Employee 107

Hearpreneur

JANUARY 23, 2022

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. Increasing my revenue by attracting more leads is my plan for 2022.

Entrepreneur 129

Entrepreneur Revenue Channel Technical Review 129

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Pre-Requisites of Funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Hearpreneur

JANUARY 2, 2022

In the last few days of 2021, we took some time to ask a few entrepreneurs and businesses what their biggest business accomplishments were. #1- Our membership network of thousands of small business owners and entrepreneurs across hundreds of local chapters nationwide feel like they belong to an entire community now.

Entrepreneur 124

Entrepreneur Jordan Employee Revenue 124

Hearpreneur

AUGUST 11, 2021

Some entrepreneurs will say the future is definitely bright but to others, some of these changes are meant to work against their expansion and business operations. We asked entrepreneurs their thoughts on the future of entrepreneurship and here’s what they had to say; #1- It's like freelancing. Photo Credit: Richard Burner.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

Hearpreneur

JANUARY 12, 2022

We asked entrepreneurs and business owners the businesses they’re starting in 2020 and here are the responses. #1- Only here can you develop and personalize your own things with your own unique designs. 4- Web development. As a web developer , you'll have a technical skillset by default. 1- Design print-on-demand fabrics.

Entrepreneur 125

Entrepreneur Web Development Affiliate Hosting 125

ConversionXL

SEPTEMBER 9, 2021

Brand consistency can increase revenue by 33% , as it connotes familiarity and builds trust. We’re on a mission to help entrepreneurs grow with our smart, all-in-one marketing and commerce platform.”. The post Developing a Social Media Marketing Strategy that Builds Loyalty and Awareness appeared first on CXL.

Social Media 142

Social Media Media Developer Marketing 142

Hearpreneur

DECEMBER 12, 2021

Business mentors are as old as the concept of entrepreneurs themselves. From Oprah and Maya Angelou to Steve Jobs and Mark Zuckerberg, famous mentorships have a powerful impact on the lives of entrepreneurs. We asked entrepreneurs and business owners about the role of a mentor in their business and here are the responses. #1-

Entrepreneur 125

Entrepreneur Technical Review Advisory Board Leadership 125

Hearpreneur

JULY 13, 2022

Here’s the list of industries with the most optimistic future as suggested by entrepreneurs. #1- In light of the COVID-19 pandemic, it is more important than ever to devote more resources to the development of vaccinations and other methods of protecting humans from viruses like this. 1- Network marketing is one such industry.

Artificial Inteligence 120

Artificial Inteligence Technical Review Entrepreneur Software Review 120

The Startup Magazine

AUGUST 3, 2021

Australian entrepreneur and consulting firm owner Luke Lazarus understands that launching a business is not easy. Instead of pursuing a life of leisure, Lazarus decided to use his success to help struggling business owners and entrepreneurs. Lazarus has had the heart of an entrepreneur for as long as he can remember.

United States 167

United States Entrepreneur Angel Investor Social Media 167

NZ Entrepreneur

FEBRUARY 27, 2020

Learn about business development with this free e-guide from tech business strategist Flavio Hangarter. Customer acquisition and revenue are an early-stage company’s most significant success factors but resource poor, with an endless stream of action points, finding customers and building revenue can be overwhelming.

Developer 68

Developer Early Stage Later Stage Acquisition 68

Hearpreneur

DECEMBER 30, 2020

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. My expertise in product development and project management came after working as a consultant in many industries. Each story is different though the reasons may be the same. Photo credit: Ty Crandall. Thanks to Gigi J.K.,

Technical Review 143

Technical Review Entrepreneur Software Review SEO 143

Startup Professionals Musings

NOVEMBER 28, 2020

The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Hearpreneur

JANUARY 3, 2021

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 3- Double our revenue. 1- Two fundamental goals for 2021. 5- Remain calm.

Entrepreneur 153

Entrepreneur Wiki Jordan LLC 153