VC Cafe

MARCH 1, 2024

Digital Wallets – Digital wallets could grow select vertical software platforms’ revenues to $27-$50bn in 2030. Generalizable robotics represent a $24 trillion-plus global revenue opportunity. Reusable Rockets – Satellite connectivity revenues could exceed $130bn per year in 2030. trillion by 2030.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

YoungUpstarts

NOVEMBER 19, 2020

If established and well documented, they can be used to demonstrate how efficiently and orderly a business is run, increasing what your business is worth. EBITDA is the most important profitability metric to consider as many valuations are based on a multiple of this metric.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

Startup Professionals Musings

APRIL 7, 2017

Kristin Zhivago, in her classic book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. She recommends phone interviews by you, by appointment, with structured questions, and you document results. Build and deploy a revenue growth action plan.

Small Business 147

Small Business Revenue Technical Review Business Model 147

VC Adventure

MAY 5, 2022

I’m observing that IRR is a metric that is becoming an increasing focus in venture, replacing fund return multiple as the key metric of success. I understand the draw of IRR, and – as a fund draws to a close – there’s no question it’s an important metric. A lot of things change in 10 years.

IRR 116

IRR Metrics Valuation LP 116

Board Effect

MARCH 23, 2022

A nonprofit fundraising plan is a written document that outlines your nonprofit’s fundraising goals along with a step-by-step plan for bringing them to fruition. Also, take note of whether there was a carryover of expenses or revenue which will help you determine which activities were productive and impactful versus those that weren’t.

Campaign 98

Campaign Software Review Technical Review Metrics 98

Startup Professionals Musings

OCTOBER 8, 2018

For example, I still find businesses asking you to print, sign, and return documents by mail in lieu of digital signatures or email. You need to communicate quantified and updates goals quarterly, including the metrics to assess progress and success. In my mind, these are killing their businesses.

Technical Review 211

Technical Review Channel Social Media Metrics 211

ConversionXL

FEBRUARY 3, 2022

How to create a growth hacking strategy using the pirate metrics model. Growth hacking in marketing incorporates the five stages of the customer lifecycle into the “ AARRR Framework ,” otherwise known as the “Pirate Metrics model.”. Take the documentation productivity platform, Swimm. Activation.

Retention 113

Retention Marketing Acquisition Channel 113

Gust

APRIL 27, 2014

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. Billing and revenue collection. The right question is “What is the minimum that I need?”.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Up and Running

SEPTEMBER 19, 2018

Remember that a business plan is a living document. Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics. Metrics for a cannabis company might include: Repeat customers.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Up and Running

OCTOBER 12, 2017

I believe your business plan should be a living document that you regularly consult (think at least quarterly) to measure how you’re doing today versus what you forecasted in your plan. Keep an eye on these important metrics. Without revenue, nothing else in your business can really go very far. Accounts payable aging.

Metrics 128

Metrics Software Review Forecast Small Business 128

Startup Professionals Musings

NOVEMBER 3, 2012

Kristin Zhivago, in her book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. She recommends phone interviews by you, by appointment, with structured questions, and you document results. Build and deploy a revenue growth action plan.

Technical Review 234

Technical Review Business Model Revenue Social Media 234

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Hearpreneur

JANUARY 19, 2022

Although our in-person services were put on hold, our eCommerce products, including virtual services tripled in revenue. Due to that, we decided to widen our client base to increase our revenue. 11- Paying attention to metrics. Metrics do not lie, and metrics over a longer time period are much more useful to study.

Entrepreneur 119

Entrepreneur Metrics Technical Review North America 119

Up and Running

MAY 10, 2021

Your app may cost you money, but the revenue it generates may justify the budget. You can start by researching your competitors to gain an understanding of cost structure, revenue generation, and the business model for your app. What has your revenue been for the last 1-3 years? What metrics are you tracking? 1-2 months?

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Startup Professionals Musings

OCTOBER 5, 2022

I have long believed that each of you is responsible for documenting and communicating your own value, without bragging or hyperbole. Documenting your input early, and follow-up later by quantifying customer revenue is your only way to make sure your value in the revenue growth process is not forgotten.

Revenue 334

Revenue Metrics Customer Cost 334

Startup Professionals Musings

JANUARY 11, 2023

Obviously, the business of business has been around a long time, with many “best practices” well-defined and well documented, so creativity that ignores these is usually not a good thing. Using data metrics alone for decisions, without seeking the root problem and alternative solutions, kills creativity. Failure to learn.

Marketing 299

Marketing Metrics Differentiation Demand 299

Startup Professionals Musings

AUGUST 25, 2011

Kristin Zhivago, in her new book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. She recommends phone interviews by you, by appointment, with structured questions, and you document results. Build and deploy a revenue growth action plan.

Customer 242

Customer Technical Review Business Model Revenue 242

ConversionXL

NOVEMBER 21, 2017

Developing documents and practices to organize your testing process can really help. For us, “vision documents” cemented the consistent process we desperately needed to get out of our own way. For that, you need your own tool, and for us, that tool is a vision document. A good hypothesis informs good success metrics.

Metrics 114

Metrics Database Retention Hiring 114

SoCal CTO

OCTOBER 8, 2009

A post by Fred Wilson pointed me to Dave McClure's Startup Metrics presentation. Define what you need from a metrics and reporting standpoint. Startup Metrics for Pirates (SeedCamp, Sept 2009) View more documents from Dave McClure. R : Revenue - can you monetize any of this behavior?

Metrics 225

Metrics Startup Retention Acquisition 225

Startup Professionals Musings

NOVEMBER 7, 2022

There is no point incubating an innovative new venture if you don’t have the funds to launch and expect quick self-sustaining revenue. A documented business plan for the new venture is critical here. Don’t let early success dilute your focus, or demand that the new venture quickly meet your mainline financial and growth metrics.

Advisory Board 359

Advisory Board Incubator Dilution Agile 359

ReadWriteStart

JULY 7, 2021

Business to Business (B2B) – Also referred to as Enterprise to Enterprise, it is typically utilized to transport documents, equipment, reports, and raw materials from one place to another. Particularly, monitor core metrics like average time taken for delivering a courier, daily active users, and monthly active users.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Startup Professionals Musings

APRIL 18, 2020

Obviously, the business of business has been around a long time, with many “best practices” well-defined and well documented, so creativity that ignores these is usually not a good thing. Using data metrics alone for decisions, without seeking the root problem and alternative solutions, kills creativity. Failure to learn.

Metrics 392

Metrics Differentiation Demand Cloud 392

Startup Professionals Musings

JUNE 7, 2020

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

FEBRUARY 6, 2017

Too many businesses handle change on a piecemeal basis – maybe they update the product, but don’t look at the revenue model, or the selling process. That means all realignments require over-communication, in multiple medias – video, voice, documents, and actions. Pick metrics to measure change implementation and results.

Metrics 120

Metrics Video Cost Revenue 120

ConversionXL

JULY 3, 2020

The goal tree is a document that shows the C-suite how data ties to the business value they want to achieve. Say your objective is to increase sales revenue from your existing customer base, and your key result is to generate an additional $500k from these customers by the end of Q2. Someone will need to track additional metrics.

Technical Review 107

Technical Review Software Review API Analytics 107

ConversionXL

JULY 28, 2021

It also gives you access to predictive metrics to help identify users and actions that may lead to a purchase. Revenue prediction: The predicted revenue from purchases in the next 28 days from users active in the previous 28 days. . This summarizes key areas of your website: traffic, engagement, conversions, and revenue.

Analytics 146

Analytics Artificial Inteligence eCommerce Audience 146

SoCal CTO

DECEMBER 1, 2007

Then, I Review existing materials Business Plan Marketing Plan Marketing Materials Product Plan / Roadmap Current and Projected Financials Business Pipeline Team Member Bios / Resumes Current Metrics Roadmap Normally there are crude documents for each of these areas that can be quickly read / scanned.

Fractional CTO 231

Fractional CTO CTO Hire Technical Review Early Stage 231

Startup Professionals Musings

MAY 4, 2016

The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Incorporating a business entity early through online services.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

MARCH 7, 2016

As a result, Google has become a verb, and the company is a tech giant with record growth rates and a revenue of $74.5 Set business goals and milestones, and use metrics to track performance. That means milestones have to be documented, measured and desired results rewarded. billion in 2015. But Google is not unique.

Technical Review 120

Technical Review Architecture Agile Business Model 120

ConversionXL

MARCH 4, 2016

We often talk about online conversion optimization without mentioning that many businesses, especially B2B, rely on offline sales to produce revenue. Sales enablement is the act of enabling salespeople to help them close more deals/bring in more revenue/hit their quota. The two aren’t disconnected, though. Image Source.

B2B 48

B2B Sales Technical Review Software Review 48

Up and Running

NOVEMBER 29, 2017

Start documenting—don’t create. Creating instead of documenting has killed a lot of businesses that had awesome ideas. I recommend that businesses ”document” instead of focusing on creating. I had been ignorantly focusing on the 20 percent of the business that wasn’t directly related to revenue.

Acquisition 93

Acquisition Startup Engineer Metrics 93

Up and Running

MAY 30, 2022

A foundational document that is essential for any company, no matter the size or age. A business plan isn’t just a document you put together once when starting your business. An often overlooked purpose of a business plan is as a tool to define success metrics. Determines financial needs and revenue models.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

The Startup Magazine

DECEMBER 22, 2021

You need to know how the business is valued , the key metrics you must focus on in order to determine its worth, and you need to be capable of effective negotiation, ensuring you receive the best deal possible. Most developers know that they should avoid redundant code, provide ample documentation, and focus on readability.

Software 175

Software Operations Revenue Developer 175

Up and Running

AUGUST 28, 2018

You should go into this thinking about your business plan as a living document, not something you do once and then file away forever. Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Steve Blank

FEBRUARY 25, 2014

The Power of the Investment Readiness Level: Different Metrics for Different Industry Segments. To understand the power of this tool, look at how the VC overseeing each market segment modified the Investment Readiness Level so that it reflected metrics relevant to their particular industry. Or watch the video here.). Medical Devices.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156

Metrics Analytics Lean Churn Rate 156

ConversionXL

FEBRUARY 21, 2018

Seasoned experts suggest that you should optimize for a metric which can affect the bottom line of your business. A number capable of signaling growth, like absolute count of conversions, conversion rate, total revenue, revenue per visitor, cost per acquired customer, among others. Focus on long-term effects.

Programming 117

Programming Audience Analytics Metrics 117