Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. But its not really viral growth, even when its exponential.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

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

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue. LetsGiftIt. SOCO Games.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

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

Startup Professionals Musings

MAY 31, 2014

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” business entrepreneur funding investor startup'

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

AUGUST 5, 2018

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Make your focus and priorities clear.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Startup Professionals Musings

JULY 29, 2016

Too many entrepreneurs don’t know what to do at this point, largely accounting for that disappointing 50 percent of startups that fail in the first five years, according to Gallup. Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially.

Social Media 120

Social Media Metrics Viral Channel 120

Startup Professionals Musings

JULY 30, 2016

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Make your focus and priorities clear.

Elevator Pitch 120

Elevator Pitch Salary Angel Investor Viral 120

Startup Lessons Learned

OCTOBER 23, 2013

In the Udemy course, Alistair and Ben expand these basics into a description of how to create empathy, stickiness, virality, revenue, and scale. We decided to find out, and talked with around 130 founders, entrepreneurs, investors and analysts. It''s a good measurement because it captures both satisfaction and virality.

Analytics 167

Analytics Lean Widget Metrics 167

The Next Web

FEBRUARY 3, 2014

This is native advertising in real life, on a real website, acting as a key player in the race for the strongest, viral, engaging content. The company, known for viral social content, is predicted to bring in $100 million in revenue in 2014 from native advertising on 150 million unique visitors a month, according to a 2013 Forbes article.

Advertising 139

Advertising San Francisco New York Viral 139

ReadWriteStart

JUNE 29, 2020

There has never been a viral outbreak of such magnitude before. It means relying on your own savings and revenue to operate and expand.”. A solopreneur is essentially an entrepreneur who does not hire any staff. Product development also occurs in small iterations or changes. Draw up a budget.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Hippoland

AUGUST 8, 2018

Unit economics are something I’ve found most entrepreneurs (and investors!) Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. A typical ad-based revenue stream on a media website is around $5 per 1000 eyeballs ($5m CPM and give or take $1-$20ish CPMs).

Founder 48

Founder Sales Cycle Affiliate Retention 48

Hippoland

AUGUST 8, 2018

Unit economics are something I’ve found most entrepreneurs (and investors!) Diving in a bit more into some thoughts here: 1b) Ad-based revenue streams generally have terrible unit economics. A typical ad-based revenue stream on a media website is around $5 per 1000 eyeballs ($5m CPM and give or take $1-$20ish CPMs).

Founder 48

Founder Sales Cycle Affiliate Retention 48

Startup Lessons Learned

JANUARY 27, 2009

These are companies that generate revenue by offering a free product with an upsell or premium version. At a high level, anything that drives virality should be free. To take your specific example about virality - why do we want to have more users sign up? Is it that they act as free advertising for our premium product?

San Francisco 148

San Francisco Lean Continuous Deployment DC 148

Startup Lessons Learned

DECEMBER 14, 2009

In a previous post , I covered the three main drivers of growth: Paid, Sticky, and Viral. A minimum viable product in this category must answer the question: does my media content or channel command the attention of a valuable audience? Let’s look at a viral growth company, like Facebook. As soon as possible!&#

Customer 156

Customer San Francisco Viral Lean 156

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. Noah has been a key figure in the making of LivePlan, our own SaaS product. At this stage, simply list your primary revenue streams and your key expenses.

Software Review 74

Software Review Software Delaware Forecast 74

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. At a high level, business is simple! :) You bring revenue in and your costs send money out the door. You want your revenue to be higher than your costs.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. At a high level, business is simple! :) You bring revenue in and your costs send money out the door. You want your revenue to be higher than your costs.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Startup Lessons Learned

APRIL 7, 2010

In fact, the curse of product development is that sometimes small things make a huge difference and sometimes huge things make no difference. Our job as entrepreneurs is to invent the future, and any optimization technique – including split-testing, many design techniques, or even usability testing – can lead us astray.

San Francisco 154

San Francisco Lean Metrics Design 154

ConversionXL

FEBRUARY 9, 2016

” April, 2012 – Andrew Chen writes Growth Hacker is the new VP Marketing , which goes viral (2.4K Now, people begin defining growth hacking as a process, a systematic approach, a “viral loop”, etc. 6 Growth Hack Techniques You Can Try Today by Entrepreneur. Step 1: Product Development.

Retention 48

Retention Metrics Acquisition Conversion 48

Startup Lessons Learned

SEPTEMBER 29, 2008

Either way, you would have been better off focusing your split-test on high level metrics that measure how much customers like your product as a whole. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Two Ways to Hold Entrepreneurs Accountable (for Ha. Bring your questions.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

betashop.com

OCTOBER 8, 2012

It has been awesome, flattering, and humbling to see that post went viral and has been seen by so many thousands of people — mainly aspiring entrepreneurs — and has been translated into many languages. I write this stuff in hope that it helps other entrepreneurs. If you cannot gain traction in 1 year, pivot.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Software By Rob

AUGUST 5, 2010

Join nearly 6,000 startup entrepreneurs by subscribing to my RSS feed. The Gladwell Effect Every entrepreneur has read at least one book in the “ Gladwell / Godin &# genre. Nor will it save you a single minute during product development, or sell one more copy of your application. Also a student of reading.

Founder 78

Founder Startup Software Review Software 78

ReadWriteStart

JUNE 20, 2012

Editor's note : This is the second in a two-part excerpt from the book The Startup Owner’s Manual , a step-by-step how-to guide for entrepreneurs. But even as nonpaying users, these earlyvangelists are willing or eager accelerators of your viral growth. They understand they have a problem. MVPs for Web/Mobile Are Different.

Customer 119

Customer Advisory Board Engineer Cofounder 119

www.quora.com

JANUARY 16, 2011

" Web Development Startups Solo Founders I am a creative guy with a startup idea. Where is the best place to find a rockstar developer to bring it to life? 5 Comments 30 Answers Tristan Kromer , I help entrepreneurs find co-founders. Would that take away my right to talk about successful entrepreneurs and top managers?

Developer 42

Developer Technical Review Cofounder Technical Cofounder 42

mashable.com

JUNE 11, 2013

Lucky for you, time-strapped entrepreneur, weve gathered some tips from the pros to help you avoid some of the most common, game-ending mistakes committed by young startups. How many entrepreneurs opening words are about how stealth their project is, followed by a 10-page NDA to hear word one? As an entrepreneur, theres a lot going on.

Cofounder 111

Cofounder Technical Review Startup Software Review 111