YoungUpstarts

SEPTEMBER 15, 2015

Here are seven ways that advisors can immediately help your small business achieve the next level of success: Assist With Strategies & Connections to Have Record Revenue & Profit in 2016. Learn more about ExecRank and how they help companies of all sizes find board members and advisors at no cost.

CTO Hire 100

CTO Hire Fractional CTO Small Business Hiring 100

Startup Professionals Musings

AUGUST 19, 2016

In my role as an advisory board member for several startups, I’m always excited to see that initial surge of revenue from a great rollout campaign. An initial revenue surge, or a major cash advance from investors often leads to a mentality of building a large customer base at any cost.

Advisory Board 120

Advisory Board Startup Revenue Finance 120

Startup Professionals Musings

JUNE 22, 2016

These need to go beyond the traditional revenue, cost, and volume metrics which may not yet have data, and can mislead you about real customer acceptance. Build an inside advisory board of influencers and experts. Marty Zwilling First published on Forbes on 06/14/2016. Visibility increases over time are traction.

Metrics 143

Metrics Advisory Board Startup Lean 143

YoungUpstarts

JUNE 7, 2017

Additionally, they do not currently have a solution – or it is being solved in a much less efficient or cost-effective way. (2) Can you build layers of competitive advantage, like switching costs? If a company is doing this, it is typically doubling in revenue every year for three to five years, and sometimes longer.

Advisory Board 138

Advisory Board Revenue Vertical Business Model 138

Startup Professionals Musings

FEBRUARY 13, 2016

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. Include advisory board member qualifications and key industry connections. What are your forecasts for revenue, expenses and cash flow?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Hearpreneur

MARCH 15, 2016

Your company produces solid revenue – what advice do you have for companies struggling to keep things even revenue-wise? Once we started to grow, getting distributors etc, we had to succumb to terms, but for the first couple of years, we were able to grow the company on the revenue stream. The answer isn’t always VC’s or angels.

Advisory Board 48

Advisory Board Michigan SBIR Revenue 48