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How To Survive The Loss Of A Main Customer

YoungUpstarts

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. Losing a major customer will inevitably impact cash flow.

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A real Customer Advisory Board

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products.

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Seven Reasons Why Customer Reference Programs Fail

YoungUpstarts

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

But the thing I am most proud of about Rob is that he has taken a company with a uniquely talented founder & CTO – Nick Halstead – and managed to build a very tight working relationship with Nick where we drive world-class product development without having the usual founder / CEO conflicts. Between Board Meetings.

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How to Survive Four Common Worst Case Scenarios

Startup Professionals Musings

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them.

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Four Common Startup Issues Which Threaten Survival

Startup Professionals Musings

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them.

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8 Business Execution Strategies That Lead To Success

Startup Professionals Musings

Initially, you may be able to do everything in your startup, including product development, marketing, and shipping orders. As you move from development to rollout, a team effort is required, including marketing, sales, funding, and customers. Look for tools to automate and simplify strategy execution.