Remove Advisory Board Remove Business Model Remove Developer Remove Metrics
article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Whatever the product and business model, entrepreneurs must be prepared to build critical momentum. This is quite the balancing act.

Framework 127
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Whatever the product and business model, entrepreneurs must be prepared to build critical momentum. This is quite the balancing act.

Framework 113
article thumbnail

Entrepreneurs are Everywhere Show No. 45: Dan Miller and Brian Zuercher

Steve Blank

And not keep investors informed about changes to your business model can have serious consequences. Through that process, I lost a lot including some relationships with individuals, and I started to develop symptoms of acute anxiety. . Filed under: Customer Development , SiriusXM Radio Show. Tune in Thursday, Oct.

Columbus 245
article thumbnail

Entrepreneurs are Everywhere Show No. 45: Dan Miller and Brian Zuercher

Steve Blank

And not keep investors informed about changes to your business model can have serious consequences. Through that process, I lost a lot including some relationships with individuals, and I started to develop symptoms of acute anxiety. . Filed under: Customer Development , SiriusXM Radio Show. Tune in Thursday, Oct.

Columbus 120
article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Typical business stage.

article thumbnail

The Entrepreneur’s Essentials #18: The strength of natural network effects

Austin Startup

Yesterday I was having a discussion with one of our executives on the strength of network effects inherent in the data.world business model. This led to a far ranging strategic discussion that got us both really excited about the huge potential of our business. The retailers were to provide the audience?—?and