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 114
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 101
Insiders

Sign Up for our Newsletter

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

article thumbnail

You Negotiate Commodities, But You Seize Opportunities

Steve Blank

Advisory Board. At one of our initial board meetings we had agreed on the general principle of an advisory board and put together an overall stock budget to compensate advisors. Over the next week we exchanged emails over advisory board stock. I knew he would bring immense value to me and the company.

article thumbnail

10 Keys to Startup Traction That Investors Look For

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. It doesn’t prove your business model of pricing, distribution, and support. A related issue is your apparent commitment to the project.

article thumbnail

These 10 Steps Will Make Your Startup Fundable

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. It doesn’t prove your business model of pricing, distribution, and support. A related issue is your apparent commitment to the project.

article thumbnail

Technical Product Elegance is Not a Business Model

Startup Professionals Musings

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Prove the technical concept.

article thumbnail

10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. It doesn’t prove your business model of pricing, distribution, and support. milestones entrepreneur startup funding business'