Steve Blank

SEPTEMBER 5, 2018

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. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit).

Lean 335

Lean Burn Rate Startup IPO 335

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. After all, these departments work tirelessly to secure deals and generate revenue, only to face setbacks when payments aren’t collected promptly. By neglecting accounts receivable, businesses miss out on crucial revenue streams.

Software Review 40

Software Review Metrics Analytics Software 40

YoungUpstarts

AUGUST 2, 2016

Product managers should also understand the company’s goals. It is one of the most important processes in a product development lifecycle to deliver the product. The product itself can be ideal and work faultlessly, but what really matters is how it enters the market. necessary product. necessary product.

Management 100

Management Product Churn Rate Green 100

Startup Professionals Musings

SEPTEMBER 14, 2016

Cash flow is a basic survival metric for every startup. 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. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Up and Running

MARCH 17, 2022

To get the whole picture and have a framework on which to build your business you also need a strategic plan and an operational plan. What is an operational plan? An operation plan zooms into the details of your business to explain how you are going to achieve your short-term goals. How will your business operate?

Business Plan 145

Business Plan Operations Lean Forecast 145

abovethecrowd.com

OCTOBER 1, 2013

Over 13 years ago, in March of 2000, I wrote a blog post titled “ The Most Powerful Internet Metric of All. ” The key thesis was this: if an Internet company could obsess about only one metric, it should be conversion. As such, it is time to pound the table again – conversion is by far the most powerful Internet metric of all.

Metrics 93

Metrics Conversion Internet Acquisition 93

Both Sides of the Table

MAY 27, 2013

In his tenure as CEO of DataSift we have never missed a monthly revenue figure. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Professionals Musings

MAY 30, 2022

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales. Managing business growth is more than metrics. Of course, not every entrepreneur wants to tackle this challenge.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

A Smart Bear: Startups and Marketing for Geeks

APRIL 5, 2010

In the quest for optimization, A/B tests, metrics, and funnels, we're in danger of losing the fun and value of creative work. When we demand overwhelming customer outcry before committing to the slightest product change, we're in danger of losing the value of creating a cool feature that takes too much effort but people just love.

Software Review 226

Software Review Metrics Lean Algorithm 226

YoungUpstarts

JULY 2, 2020

Another common mistake that marketing teams are making is using the same metrics for success that they have used in the past. If you use these same metrics, you’re going to be sorely disappointed in the results. Don’t focus on old measurements for success. Be flexible: Try new avenues and channels to find what works and what doesn’t.

Marketing 262

Marketing Metrics Channel Differentiation 262

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

SEPTEMBER 1, 2019

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales. Managing business growth is more than metrics. Of course, not every entrepreneur wants to tackle this challenge.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

View from Seed

NOVEMBER 18, 2014

4 Operating Philosophies Affecting Series A Raises. Foster product development and marketing which creates organic (or somewhat organic) user traction. Generate Real Revenue. Another approach to raise Series A is to drive meaningful revenue. They are: 1. Build Audience Momentum. Craft a Small Scale Machine.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

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. At this stage, simply list your primary revenue streams and your key expenses. At this stage, simply list your primary revenue streams and your key expenses.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

MARCH 4, 2014

They measure their success on metrics that reflect success in execution, and they reward execution. 20 th century Management Tools for Execution In the 20 th century business schools and consulting firms developed an amazing management stack to assist companies to execute. StageGate Process. What Does this Mean?

IRR 335

IRR Startup Business Model Agile 335

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

During a lull in her practice she got a serendipitous opportunity to shift gears completely and ended up leading software product development teams. In the 90's, y'all, before that was built into all the operating systems!) But how does authority convert to revenue? Our advantage was speed.

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

Steve Blank

NOVEMBER 21, 2015

and reorganized into operating divisions (by product, territory, brand, etc.), This strategy-to-structure shift from functional organizations to operating divisions was led by DuPont and popularized by General Motors and quickly followed by Standard Oil and Sears. each with its own profit and loss responsibility.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. I like the term because of two connotations: Lean in the sense of low-burn.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

MAY 14, 2012

These founders specify, design, and build a fully featured product using classic product development methods without ever leaving their building. Executives look at that date and the calendar, working backward to ignite fireworks on the day the product is launched.

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

Startup Lessons Learned

NOVEMBER 14, 2013

Alistair Croll will lead a session on Lean analytics for intrapreneurs —from introducing never-before-seen case studies to tracking a product through its entire development and demonstrating which data and metrics are useful in what kinds of situations. If there’s a problem in production, developers need to own it.

Continuous Deployment 162

Continuous Deployment Norway Lean Analytics 162

Startup Professionals Musings

SEPTEMBER 13, 2017

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales. Managing business growth is more than metrics. Of course, not every entrepreneur wants to tackle this challenge.

Mezzanine 141

Mezzanine Private Equity Startup Bandwidth 141

Startup Professionals Musings

NOVEMBER 3, 2013

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales. Managing business growth is more than metrics. Of course, not every entrepreneur wants to tackle this challenge.

Mezzanine 240

Mezzanine Private Equity Bandwidth Metrics 240

Startup Lessons Learned

DECEMBER 28, 2009

Thats a perfectly reasonable reaction, given that most releases of most products are bad news. Even worse, the sad state of product development generally means that the new "features" are as likely to be ones that make the product worse, not better. Monitoring of real-world metrics.

Continuous Deployment 122

Continuous Deployment San Francisco Lean Metrics 122

Startup Lessons Learned

OCTOBER 23, 2013

It provides a basic introduction to analytics as they apply to Lean Startup, including sections on what metrics to use and how to interpret them. For instance, Ben lists out the worst of the “vanity metrics,” a term that describes appealing but meaningless or misleading numbers. Alistair: There are plenty. Consider a restaurant.

Analytics 167

Analytics Lean Widget Metrics 167

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

Sacha demonstrated the benefits of selling many copies of an eBook at a low price, while Jarrod pointed out the advantages of higher prices, bringing in more revenue with 1/6th the number of units sold. In that case, A can’t keep growing forever, so its revenue is limited, which is a bad spot. maximizing per-unit profitability).

Customer 320

Customer Revenue Acquisition Cofounder 320

Startup Lessons Learned

FEBRUARY 20, 2009

Similar results apply in product management, design, testing, and even operations. When operating with continuous deployment, its almost impossible to have integration conflicts. Luckily, I now have the benefit of a forthcoming book, The Principles of Product Development Flow. Small batches reduce overhead.

San Francisco 161

San Francisco Software Review Continuous Deployment Development Team Review 161

Startup Lessons Learned

NOVEMBER 22, 2008

Lessons Learned by Eric Ries Saturday, November 22, 2008 Net Promoter Score: an operational tool to measure customer satisfaction Ive mentioned Net Promoter Score (NPS) in a few previous posts, but havent had a chance to describe it in detail yet. The whole episode cost us hundreds of thousands of dollars in lost revenue.

.Net 158

.Net Operations San Francisco Lean 158

YoungUpstarts

FEBRUARY 11, 2019

With CRM revenues at 39.5 From improved customer experiences to increased productivity, CRMs are on the rise for a reason and have become powerful and customizable enough to adapt to the needs of SMBs across industries. Today’s best SMB-focused CRMs capture metrics more effectively than ever before. Time to Act With Analytics.

Artificial Inteligence 127

Artificial Inteligence Sales Cycle Colorado Retention 127

Seeing Both Sides

FEBRUARY 25, 2016

Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal. The Growth Manager function typically lives at the intersection of marketing and product development, and is focused on customer and user acquisition, activation, retention, and upsell.

Management 20

Management Analytics Technical Review Framework 20

Seeing Both Sides

FEBRUARY 25, 2016

Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal. The Growth Manager function typically lives at the intersection of marketing and product development, and is focused on customer and user acquisition, activation, retention, and upsell.

Management 20

Management Analytics Technical Review Framework 20

www.lanceglasser.com

MAY 13, 2012

Metrics for cyclical businesses. Product development. Queuing theory and product development. The Essential Product Investigation Phase Gate. The minimum viable product. Operations and Manufacturing. A Model for Return on Engineering Expenses. Growth, Profitability, and the Stock Price.

CTO 40

CTO CTO Hire Technical Review Architecture 40

Startup Professionals Musings

OCTOBER 12, 2010

That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth. In business, one important measure is the value of the company.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

ConversionXL

MAY 27, 2022

Then they increased their revenue from $2M to $6M in six months. In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the sale cycle, and generates revenue. Stage 1: Target the right metrics for an effective long game. Metrics for your demand generation funnel.

Demand 124

Demand B2B Distribution Channel 124

Startup Lessons Learned

NOVEMBER 17, 2008

Strategy - startups first encounter this when they have the beginnings of a product, and theyve achieved some amount of product/market fit. Growth - when you have existing customers, the pressure is on to grow your key metrics day-in day-out. And if you neglect maintenance, you may not have a business left at all.

San Francisco 88

San Francisco Lean Continuous Deployment DC 88

Startup Professionals Musings

FEBRUARY 4, 2015

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales. Managing business growth is more than metrics. Of course, not every entrepreneur wants to tackle this challenge.

Mezzanine 120

Mezzanine Private Equity Startup Bandwidth 120

Steve Blank

JANUARY 10, 2011

The VP of an operating division had run into trouble in product development; the product was late and getting later. The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.)

Forecast 265

Forecast Agile Revenue Founder 265

Startup Lessons Learned

NOVEMBER 8, 2008

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. This is a common mistake. Startup Lessons Learned - the Conference (April 23.

Customer Development 168

Customer Development Developer San Francisco Customer 168