Startup Professionals Musings

MAY 15, 2019

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. It’s time for a new startup model. How far behind is your startup?

Startup 245

Startup Angel Investor Technical Review Incubator 245

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Cost of Goods Sold (COGS) =.

Startup 418

Startup Revenue Technical Review Flash 418

Startup Professionals Musings

SEPTEMBER 27, 2023

Startup owners need to assume a three to five year wait for a liquidity event, such as acquisition or going public, before they can cash out. Typically, vesting in startups occurs monthly over four years, starting with the first 25 percent of shares vesting only after an owner has remained active for at least 12 months (one year cliff ).

Stock 240

Stock .Net Vesting Founder Vesting 240

Startup Professionals Musings

AUGUST 31, 2019

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate back before 2000. Startups going public are laid open to competitors and critics.

IPO 210

IPO SEC Prospectus Startup 210

Startup Professionals Musings

APRIL 14, 2014

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites, for example, cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. business ecommerce entrepreneur startup' Start simple. Download free website tools.

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Startup Professionals Musings

OCTOBER 8, 2022

For maximum value with the least effort, focus on only the “what ifs” that are the highest priority in your mind for your own startup. Vendor costs are subject to change, customers are fickle, competitors come out of the woodwork and the economy can take a downturn. What if your customer acquisition cost assumptions have to change?

Conversion Ratio 368

Conversion Ratio Startup Business Model eCommerce 368

Steve Blank

JUNE 27, 2017

As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?”. Here’s one reason why: Startups can do anything. Startups can do anything.

Startup 282

Startup New York City Valuation Distribution 282

View from Seed

JUNE 13, 2019

Chewy has rapidly grown from a startup to a multi-billion commerce company, establishing itself as the leader in pet e-commerce. Annual Net Sales By Customer Cohort. Chewy is unprofitable, on both a net income and EBITDA basis. For example, Chewy’s 2015 cohort (e.g. 3) “Autoship” is a conveyor belt into consumers’ homes.

Leadership 214

Leadership .Net Revenue Acquisition 214

Startup Professionals Musings

JANUARY 18, 2014

You can review all the specifics of this approach in a book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur''s Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

ReadWriteStart

NOVEMBER 30, 2021

If you’re new to marketing and amid a startup, all of it can seem overwhelming. Check out these critical tips for developing an effective marketing strategy for startups in boring industries. Casting a wide net with your marketing efforts not only burns through your budget, but it ensures that your message resonates with no one.

Developer 159

Developer Marketing Social Media Startup 159

YoungUpstarts

SEPTEMBER 7, 2014

For most startups, one of the most exciting and frustrating phases is deciding how to price their offering for their first paying customer. Pricing is especially tricky for enterprise startups because there’s very little data available, and new entrepreneurs often price their product or service way below its value. Revenue Growth.

Metrics 219

Metrics Churn Rate Startup Acquisition 219

ReadWriteStart

JULY 12, 2019

For context, consider the London-based VC firm MMC who found that about 40% of European AI startups don’t use AI in any tangible way. Meaning that the company or startup “talks” about AI, but they are unwilling or unable to put in the resources to deploy the process, store the data, or make any meaningful use of the information.

Artificial Inteligence 132

Artificial Inteligence Technical Review Software Review Startup 132

View from Seed

NOVEMBER 18, 2020

One of the most highly anticipated startup IPOs of recent years, we now get a peek inside Airbnb’s business. Airbnb convinced travelers to part with 100% of their booking cost up front and then they pay out the required amount to hosts when the stay actually occurs. Airbnb’s public S-1 dropped Monday afternoon.

North America 401

North America IPO Prospectus Europe 401

Startup Professionals Musings

MAY 12, 2017

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. It’s time for a new startup model. How far behind is your startup?

Startup 161

Startup Angel Investor Technical Review Incubator 161

The Startup Magazine

SEPTEMBER 20, 2019

Startup companies often face numerous obstacles that stand in the way of their desired level of success—from lack of planning to inability to scale up or poor management to neglecting marketing. Net Promoter Score and Profile Satisfaction. As a startup company, you may be hesitant about where you spend your money.

Software Review 100

Software Review Management Early Stage Startup 100

ReadWriteStart

JULY 12, 2023

In a recent Twitter post, Suumit Shah, CEO of the Indian startup Dukaan , revealed that the company had replaced 90% of its support staff with an artificial intelligence chatbot. According to Mr. Shah, the shift is essential because startups are increasingly placing a premium on profitability over chasing the unicorn dream.

Artificial Inteligence 112

Artificial Inteligence Technical Review Software Review .Net 112

YoungUpstarts

JULY 6, 2017

The romantic ideal of a successful startup includes little more than a good idea, a laptop and plenty of coffee. In reality, most startups require an early capital infusion to successfully transform from a dream into a business. The good news is that it’s easier than ever to find capital for your startup.

Syndicate 127

Syndicate Syndication Software Review Angel Investor 127

Startup Professionals Musings

DECEMBER 20, 2012

You can review all the specifics of this approach in a recent book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. It’s time for a new startup model. How far behind is your startup?

Startup 296

Startup Angel Investor Technical Review Incubator 296

Startup Professionals Musings

MAY 21, 2023

In general, this won’t happen for a new startup unless you have a good credit history, or existing assets that you are willing to put at-risk for collateral. Trade equity or services for startup help. Join a startup incubator or accelerator. The process is long, but it doesn’t cost you any equity.

Equity 266

Equity Startup Small Business Administration SBA 266

VC Cafe

FEBRUARY 21, 2023

This is a question startup founders ask themselves multiple times a week. They encompass the effectiveness of marketing (the startup’s ability to reach and resonate with target customers) and stickiness (the product’s ability to deliver value to customers over time). How are we doing?

Retention 109

Retention Conversion Churn Rate B2C 109

The Startup Magazine

JANUARY 14, 2020

According to the World Green Building Council (WGBC), the following findings support a case for green building: Lower operating cost – the construction of green buildings can help building owners and occupiers save money thanks to efficient energy and water usage. The other important social issue is the net tenant health and well-being.

Green 138

Green California Government Valuation 138

The Startup Magazine

AUGUST 19, 2022

Operational efficiency mentioned in the text today focuses on the ability of the company to deliver the highest quality goods in a timely manner and in the most cost-effective way possible. Additionally, investing in safety net installation is another good way to keep those above and those below safer.

Operations 123

Operations Technical Review .Net Mobile 123

Startup Professionals Musings

MARCH 22, 2011

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

NOVEMBER 18, 2011

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. This costs nothing, and allows you to safely collect money from customers all around the world.

Hosting 248

Hosting Bootstrapping .Net Social Network 248

Startup Professionals Musings

SEPTEMBER 19, 2011

You can review all the specifics of this approach in a new book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Startup Professionals Musings

FEBRUARY 18, 2019

Whether your company is a startup or a mature business, the last thing you need in the office is a toxic work culture. Too many organizations tolerate anti-social or even bullying activities from a few employees, under the false notion that these people or so valuable or hard to replace that the cost is a net positive.

Technical Review 229

Technical Review .Net Employee Cost 229

The Startup Magazine

JANUARY 17, 2021

EMPLOYEE NET PROMOTER SCORE . You may be familiar with the net promoter score (NPS). Regular checking and evaluating the company’s operating cash flow is necessary to infer the paying ability of deliveries and operational costs. The lower the costs, the more customers will attract, hence the increase in sales.

.Net 92

.Net Metrics Retention Revenue 92

The Startup Magazine

AUGUST 21, 2021

Verhelst advises, “If you want to prevent confusion on your invoices, avoid unclear terminology such as, ‘ NET 30 ’, or ‘ Payment due within X number of days ’. Hidden costs on an invoice can give your customers a nasty, unwanted surprise. These can be interpreted differently, leaving many clients scratching their heads!

Software Review 158

Software Review .Net Software Channel 158

Startup Professionals Musings

MARCH 16, 2011

Money to build the business is the number one challenge for most startups. A large percentage of startups never apply to either. You need to explore more common and more productive approaches for getting your startup moving forward. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

Startup Professionals Musings

JANUARY 6, 2020

For maximum value with the least effort, focus on only the “what ifs” that are the highest priority in your mind for your own startup. Vendor costs are subject to change, customers are fickle, competitors come out of the woodwork and the economy can take a downturn. What if your customer acquisition cost assumptions have to change?

Conversion Ratio 308

Conversion Ratio Startup Business Model eCommerce 308

The Startup Magazine

JULY 21, 2021

With PPC, impressions cost nothing. Ideally, digital marketers can optimize PPC marketing campaigns so the conversions (sales) from the ad nets more revenue than the cost of the campaign. The post Digital marketers are the tech industry’s trailblazers, according to Pathrise appeared first on The Startup Magazine.

Technical Review 146

Technical Review PPC SEM Marketing 146

The Startup Magazine

OCTOBER 27, 2019

Small business failure is a high risk for any startup. The only way to undercut their efforts is to exercise strategies of cost leadership or differentiation, which translates to slashing the prices or offering something more innovative. Taking out small business loans usually puts your net worth in the negative.

Technical Review 62

Technical Review Revenue Software Review Campaign 62

Startup Professionals Musings

JULY 11, 2012

On the other hand, if it is maintenance and testing on non-core software, use the lowest cost solution. Cost factors. Companies in Asia and Eastern Europe can still provide direct cost reductions of up to 75%. The net may be less cost reduction than you thought.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

ReadWriteStart

NOVEMBER 30, 2021

If you’re new to marketing and amid a startup, all of it can seem overwhelming. Check out these critical tips for developing an effective marketing strategy for startups in boring industries. Casting a wide net with your marketing efforts not only burns through your budget, but it ensures that your message resonates with no one.

Developer 78

Developer Marketing Social Media Startup 78

YoungUpstarts

JULY 21, 2019

Around half of all startups fail by their fifth year. You may be able to save on shipping costs, as well. For example, you can replace water coolers with a filtered water pitcher to save on cost. This is one of the best cost-saving ideas for small businesses. And they have to do it fast or else – they’ll run out of money.

Software Review 191

Software Review Entrepreneur Cost Cofounder 191

Startup Professionals Musings

MAY 29, 2022

In the old days, every entrepreneur planned on taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is finally up from the dead zone of the last two decades, and is now double the rate back in 1999. Startups going public are laid open to competitors and critics.

IPO 245

IPO SEC Prospectus Startup 245

Startup Professionals Musings

FEBRUARY 21, 2021

Most startups are happy to find any customer, and will hang on for dear life to every one. Only later do they realize that some of these cost more than they are worth, or lead into commitments they can’t sustain, but no business wants to violate the golden rule that every customer needs to be treated as if they were the only customer.

Customer 376

Customer Startup Differentiation .Net 376