Remove Early Stage Remove Hiring Remove Operations Remove Sales Cycle
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Leaving Government for the Private Sector – Part 2

Steve Blank

Laura Thomas is a former CIA operations officer. The larger the company, the more they’ll separate out business development and sales, with business development focused primarily on lead generation and sales focused on sealing the actual sale of the product or service. At first many start-ups hire a lobbying firm.

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Streamline Your Sales Process With These Five Proven Techniques

YoungUpstarts

A lot of startups fail within the first few months due to some commonly acknowledged culprits – picking a bad time to scale, running out of operating capital, lack of a steady customer base, high customer acquisition cost, and low to nonexistent repeat business. If the answer is “no”, why hire him/her at all?

Sales 171
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How to Successfully Approach Trade-Offs as an Entrepreneur in 2021

Up and Running

When you’re starting or growing a business , a major trade-off you’ll ultimately have to consider is the efficiency of your operations versus finding, winning, and keeping customers (revenue versus expenses). Technology tools such as a CRM system can also help you get a strong understanding of your sales cycle and pipeline.

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Marketing Your Startup: A Billion-Dollar Company’s First Marketer Reflects Back

View from Seed

Ellie Mirman was the first marketer hired by the CMO of HubSpot, the Boston-based marketing software startup that IPOed in 2014. NVV: Some startup marketers think about crafting a nice, neat funnel, from a prospect’s first touch all the way down to sale. EM: My rule of thumb is to look at the length of the sales cycle.

Marketing 120
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Scaling Sales: Arming & Aiming – A’s, B’s & C’s

Both Sides of the Table

In the first part of this post I talked about how sales in a startup is often evangelical , requires as consultative sale and needs constant adjustments based on customer feedback. The next few posts are going to talk about scaling your sales operations as you move out of the evangelical phase.

Sales 286
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The Virus Survival Strategy For Your Startup

Steve Blank

Here are a few thoughts about operating in uncertainty in a pandemic. If you’re an early stage company, that number may be zero. All your assumptions about customers, sales cycle and most importantly, revenue, burn rate and runway are no longer true. And what’s in my lifeboat?”. This math works in a normal market….

Burn Rate 436
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My Life as a CEO (and VC): Chief Psychologist

Both Sides of the Table

Recruits, hires, and retains the very best talent for the company. Hiring & Firing the CEO. This is the failure of many early-stage companies when they try to scale. My first company was founded in Ireland, headquartered in England and had country operations in the UK, France & Germany. Selling the company.

Ireland 319