Startup Professionals Musings

JUNE 22, 2016

According to most experts , business traction is evidence that somebody really wants your product. It’s business momentum, independent of whether you have a product delivered, proven the business model, or significantly penetrated the opportunity. Build an inside advisory board of influencers and experts.

Metrics 143

Metrics Advisory Board Startup Lean 143

YoungUpstarts

JUNE 7, 2017

by Patrick Henry, author of “ Plan Commit Win: 90 Days to Creating a Fundable Startup “ What makes one idea good, and another one bad, from a business perspective? In creating a successful business, it is important that you assess your business idea in terms of its ability to make money. 5) The Idea Refinement Test.

Advisory Board 138

Advisory Board Revenue Vertical Business Model 138

Startup Professionals Musings

FEBRUARY 13, 2016

How does your business model make money? Good causes such as feeding the world’s hungry may help your marketing but may not sustain a business. The business model has to clearly define who is your customer, market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120