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

8 Tips For Quantifying Traction In Your New Venture

Startup Professionals Musings

What is the definition of traction for a business startup today? This can happen through early marketing, independent of whether you have yet delivered a single product, proven your business model, or have any real customers. Define metrics on customer feedback and user counts.

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

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

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 113
article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

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? What metrics do we use to see if we learned enough in Customer Discovery ? I gave my boilerplate answer, “I’m a product guy and I tend to invest and look at deals that have measurable revenue metrics.

article thumbnail

Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

That should make you wonder - how do you measure traction in a metric? 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.

Metrics 143
article thumbnail

Endeavor Miami Takes on Scaleup Challenge

The Startup Magazine

Entrepreneurs who’ve overcome the proof-of-concept phase of their startups want to take their businesses to the next level. Within the entrepreneurship ecosystem, “scaleup” challenges differ from startup challenges and demand unique solutions. All communities and their startups face the scaleup challenge.

Miami 61
article thumbnail

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

Steve Blank

The same passion that got your startup idea off the ground can blind you to signs that your company is failing. And not keep investors informed about changes to your business model can have serious consequences. — In his first startup, Clearwish, Brian learned it isn’t enough to focus on trying to realize your vision.

Columbus 245