ReadWriteStart

DECEMBER 15, 2022

Industry-specific domain experience becomes critical when identifying operational pain points ripe for transformation. Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations.

Incubator 188

Incubator Startup Software Developers Software Development 188

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

The Startup Magazine

MARCH 7, 2024

Guest Author: Danish Ahmed, Founder of startuptools.ai. Companies are turning to AI to streamline their operations, notably in areas like customer service, cybersecurity, and fraud prevention. Furthermore, AI facilitates more accurate financial planning by estimating revenues, minimizing costs , and increasing profitability.

Artificial Inteligence 119

Artificial Inteligence Entrepreneur Algorithm Cofounder 119

ReadWriteStart

DECEMBER 8, 2023

According to Gergo Vari, the founder of Lensa, if your startup is ready to ride the metaverse wave, staying informed and investing in the skills and expertise needed for this new era are crucial. Incorporating metaverse technologies can help fuel customer engagement, streamline business operations, and expand revenue streams.

Technical Review 133

Technical Review Generative AI Startup Agile 133

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Few people like talking about their mistakes, but thankfully nine founders took some time to share some of their hard-earned knowledge with you. Find your niche.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. We engage intimately with businesses and their assets, understanding their operations, aspirations, and the hurdles they face. Are there new revenue streams you can tap into? The firm has made more than $4.5 ARIF BHALWANI: Sure.

Technical Review 134

Technical Review Due Diligence Bankruptcy Intellectual Property 134

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. Don’t rely on spreadsheets to track revenue and expenses; start using accounting tools as soon as possible. Do you categorize your revenue and costs using departments and classes? Don’t use cash basis accounting; track revenue and costs on an accrual basis.

Small Business 208

Small Business Startup Cofounder Vertical 208

ReadWriteStart

NOVEMBER 20, 2023

” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. ” — Carl Jenson, Founder of Compare Bank. Carl Jenson, the Founder of Compare Bank, emphasises the importance of cutting meeting expenses by adopting virtual meeting solutions.

Software Review 138

Software Review Technical Review Retention Cost 138

Up and Running

JULY 28, 2022

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

YoungUpstarts

JANUARY 10, 2020

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue. Running a small business can come with a slew of challenges. Among the list: the loss of a major client. Work to win them back.

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

The Startup Magazine

AUGUST 11, 2023

The fundamental objective and aim of seed investment is to assist a company in launching its operations successfully. Seed money can range from a relatively modest sum to a sizeable one, depending not only on the nature of the startup, the sector in which it will operate, and any other pertinent business aspects.

Seed Stage 126

Seed Stage Technical Review Early Stage Due Diligence 126

Startup Professionals Musings

DECEMBER 5, 2021

The founder explains that the product or service is so “buzz-worthy” that the merits will spread rapidly through word-of-mouth only, meaning people loving it and recommending it to their friends. That’s a double death wish.

Viral 348

Viral Marketing SEM Campaign 348

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Up and Running

JULY 18, 2017

As a founder, you’ve probably been focused on writing your business plan , building out your financial forecasts to position yourself to get funding, and managing the day-to-day minutia of running a business. Founders of young organizations sometimes feel like they’re under a microscope. It’s not going to happen overnight.”

Founder 115

Founder United Kingdom Leadership Washington 115

Up and Running

OCTOBER 7, 2019

However, as a founder of a small business or startup, you’re juggling many things. KPIs Every Founder Should Track. This metric helps determine how much cash you need for operation and expansion. Revenue and wins by type: compare revenue and wins among existing and new businesses. “What gets measured gets done.” .

Founder 71

Founder Retention Metrics Technical Review 71

YoungUpstarts

NOVEMBER 19, 2020

They want to see that a business is operating on all six cylinders. Processes refers to operating procedures and employee handbooks. Keep in mind, profits are never the problem, they are always a symptom of not operating on all six cylinders. Generally, companies sell for either a percentage of revenues or a multiple of EBITDA.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

The Startup Magazine

NOVEMBER 28, 2022

They provide a hands-on transformation and revenue growth partner for B2B technology companies. Each engagement is personally undertaken by their founder and principal, Mitul. Prior to working with Citius, he helped global businesses generate up to $200M in annual recurring revenue and realise valuations of $1Bn+.

Founder 128

Founder B2B Private Equity India 128

Mucker Lab

OCTOBER 10, 2023

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? However, for early-stage startups with limited resources, a fractional CRO (Chief Revenue Officer) can be a cost-effective option.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

Berkonomics

OCTOBER 5, 2023

How about young or pre-revenue companies? Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. Growth before the VC arrived was not a problem. The post A heartbreaking story about time and money.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

The Next Web

NOVEMBER 6, 2013

Rick Boerebach is a co-founder of ZEEF.com , a curated link directory built by passionate experts. If your startup’s goal is to sell a product or service but you’re having a hard time with your revenue model, affiliate marketing might be the perfect match to give you that much-needed boost. What is affiliate marketing?

Affiliate 134

Affiliate Revenue Internet Marketing 134

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Flexible VC 101: Equity Meets Revenue Share. Where else can fast-growing companies get funding?

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Feld Thoughts

JUNE 9, 2021

Matt was the co-founder/CEO of Return Path. The founders of each company talked and, in between efforts to decimate the other, agreed it might be worth merging to survive. It’s a follow-up to his previous book, Startup CEO: A Field Guide to Scaling Up Your Business. I’ve been working with Matt since 2000.

Fractional CTO 195

Fractional CTO Cofounder Startup Lead Investor 195

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

View from Seed

SEPTEMBER 18, 2019

Depending on the composition of the founding team, you might or might not have near-term holes in certain functions at the exec level – e.g. you’ll most likely need to bring on a CTO/VP of Engineering shortly after the seed round if you don’t have a technical co-founder. The “product roadmap”.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Each of these GM divisions focused on its own day-to-day operations with each division general manager responsible for the division’s profit and loss. What happened to him?

Michigan 268

Michigan Cofounder Stock Forecast 268

YoungUpstarts

OCTOBER 13, 2020

by Simone Semprini, CEO & Co-Founder, TourScanner. The global lockdown, due to the pandemic, has forced companies to digitize their operations. As pointed out by McKinsey , corporate travel is a major revenue source for many airlines and hotel chains. It was a surreal situation with over one billion people confined at home.

Technical Review 278

Technical Review United States China Cofounder 278

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits.

Lean 335

Lean Burn Rate Startup IPO 335

Board Effect

MAY 18, 2023

The IRS establishes the different types of 501(c)(3) organizations and determines the rules and laws for operating them depending on their classifications. As straightforward as that sounds, nonprofit boards must be aware of the rules and restrictions that govern nonprofits to continue operating legally.

Government 111

Government Minnesota Software Review United States 111

YoungUpstarts

JULY 31, 2019

by Anish Sebastian and Juan Pablo Segura, co-founders of Babyscripts. Founders need seed capital to get their operations up and running, and to begin generating revenue. Ten years ago, Ward Cunningham published a Youtube video that introduced the concept of “technical debt” to the world.

Cofounder 127

Cofounder Burn Rate Technical Cofounder Seed Capital 127

Steve Blank

APRIL 23, 2014

buy out an entire company for its revenue and profits. These include the product itself, the customer, the distribution channel, revenue model, how to get, keep and grow customers, resources and activities needed to build the business and costs.). Often they have brought in an operating executive as the new CEO. Lessons Learned.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

VC Cafe

AUGUST 2, 2022

Tim Sweeney, the founder and CEO of Epic is a long term visionary of our online future and the Metaverse. billion revenue in 2021 for Epic Games and was played by 83.3 Tim Sweeney, Epic Games’ founder and CEO. monthly active end-users who are engaging with content created or operated by Unity solutions in 2020.

IP 206

IP Cofounder Valuation Acquisition 206

Startup Professionals Musings

AUGUST 31, 2019

In addition, huge amounts of executive time are required, as well as hits to key operational, accounting, and communication processes. Startups are typically run by a couple of executives who are reluctant to disclose via the prospectus and SEC reports all the decision-making criteria, operational financial details, and compensation formulas.

IPO 210

IPO SEC Prospectus Startup 210

YoungUpstarts

DECEMBER 21, 2020

Diversifying revenue streams (35%). It would be difficult to find a small business that didn’t need to adapt their operations in some form due to the pandemic. Kathryn Petralia is the President and Co-Founder of Kabbage , an American Express Company. The survey found the top activities are: Increasing marketing efforts (41%).

Small Business 147

Small Business Cofounder United States Technical Review 147

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 26, 2019

Founders almost never have a real strategy. Founders explain failures with things like “our two main competitors did [thing] to us” or “customers didn’t understand [our point of view].” The 10,000th biggest company in the world is a very successful company, as is the two-person company where the founders each take home $300k/year.

Restful 202

Restful Founder Revenue Acquisition 202

Berkonomics

NOVEMBER 18, 2021

You can be the one to develop a product or service, promote it, and support it when you are a small operation. These are predictable and usually arrive in the same recurring order, and often with every $3 million in additional annual gross profit from revenues as you grow. Don’t be alarmed by this next statement. What could go wrong?

Revenue 62

Revenue Distribution Reputation Operations 62

YoungUpstarts

JUNE 4, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture. A comprehensive revenue architecture should be designed to enable a startup to generate and monetize awareness, engagement and usage.

Framework 127

Framework Architecture Cleveland Early Stage 127

Startup Professionals Musings

FEBRUARY 24, 2019

The founder explains that the product is so “buzz-worthy” that usage will spread rapidly through word-of-mouth only, meaning people loving it and recommending it to their friends. Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing.

Viral 268

Viral Marketing SEM Campaign 268