Startup Professionals Musings
NOVEMBER 2, 2022
Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable. Don’t rely on conservative forecasts to reduce risk.
Startup Professionals Musings
FEBRUARY 8, 2020
Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable. Don’t rely on conservative forecasts to reduce risk.
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VC Cafe
NOVEMBER 2, 2019
Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. While there isn’t a single magic number or set formula, understanding industry benchmarks can be really helpful to keep a finger on the pulse to measure the health of the company and make more informed forecasts.
Startup Professionals Musings
AUGUST 27, 2014
Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable. Don’t rely on conservative forecasts to reduce risk.
Startup Professionals Musings
FEBRUARY 17, 2018
Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable. Don’t rely on conservative forecasts to reduce risk.
Startup Professionals Musings
MARCH 4, 2016
Forecast revenue growth that defies business principles. Forecasts that exceed 10 percent of a large opportunity in the first five years rarely happen and will likely disappoint you and your investors. Try to build a business without specific milestones or a plan.
ReadWriteStart
APRIL 8, 2023
TikTok and Influencers One viral video on TikTok can reach 1.5 million people and generate monthly revenue. 2 Brainstorming, Forecasting, and Modeling Brainstorming within an expert team can be as effective as monitoring market trends.
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