Mentors and advisory boards

Jeff Hilimire

Are you looking for a sounding board in general? Outline the goals and metrics both parties care about. Advisory Boards. When it comes to advisory boards, I’m a big fan. Choosing an advisory board is the first step.

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. One example is having a real Customer Advisory Board. Every two months, the company would have a big end-of-milestone meeting, with our Board of Directors, Business Advisory Board, and all employees present.

Trending Sources

Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

That should make you wonder - how do you measure traction in a metric? I like his set of action items, and have added a few of my own for measuring early traction leading to growth: Turn initial customer goals into measurable traction metrics. Use these metrics rather than hide them.

Rating your CEO leadership skills

John Morris

Sandler Sales Institute owner and trainer Chris Jennings recently presented a terrific best practice workshop for Sales and Sales Management for my CEO Advisory Board. Leadership Accountability Core values execution goals KPIs leadership management Metrics mission statements planning SMART goals strategic partners Strategy Team meetings Teamwork The post Rating your CEO leadership skills appeared first on Tapping the power of your peers.

Why You’re Not Getting the Most out of Your Board

Both Sides of the Table

Most board meetings are “update meetings” where management downloads its status to a group of investors. These outside board members spend most of the board meeting trying to reacquaint themselves with the company’s business and critical issues. Board Meetings.

These 10 Key Elements Make a Business Plan Fundable

Gust

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Include Advisory Board members and key industry people connections. Financial forecast and metrics.

These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Include Advisory Board members and key industry people connections. Financial forecast and metrics.

Collective Posts: There’s a Ton of Great Content Out There Right Now

VC Deal Lawyer

How to Approach Your First Board Meeting After Raising Seed Capital (Lee Hower). Key Revenue Metrics for SaaS Companies (Christoph Janz). The Metrics Every Entrepreneur Should Know by Heart (Elizabeth Kraus). Reflections on Scientific Advisory Board Construction (Kevin Pojasek). I don’t know if it’s the summer, or if there is something in the water, but lately there has just been a ton of great content being posted.

A Better Way To Ask For Investor Intros

Seed Stage Capital

If you have an advisory board, great-- this is where they can really come in handy (and if you don’t have an advisory board, you might consider building one ). Once again, metrics speak for themselves; metrics get startups noticed, and more importantly, funded.

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

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” I am on a board that does business with Yahoo!

Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Include Advisory Board members and key industry people connections. Financial forecast and metrics.

7 Steps To Turning Business-As-Usual Into A Moonshot

Startup Professionals Musings

You need to quantify measurable criteria for success, using business metrics. It’s time for the executive team and advisory board to commit the necessary funds and people resources to complete the plan.

How Getting My MBA Helped Me Thrive as an Entrepreneur

Up and Running

In an industry that lauds performance metrics to constantly track progress, there’s something fluffy about a professional degree that is not a prerequisite for anything. There is a tendency in the start-up community to be skeptical towards MBAs.

Hacking Angel List | VentureArchetypes Blog: Seed Stage Capital

Seed Stage Capital

Let me give you a quick example using one of my advisory clients, a startup called Zerply. skip to main | skip to sidebar 13 July 2011 Hacking Angel List 7 Tips For Raising Startup Capital AngelList is an amazing thing. No, let me rephrase that-- AngelList is a freakin phenomenon.

The Next Generation Of Funding For The Next Generation Of Entrepreneurs

YoungUpstarts

They’re using metrics that are often unworkable in the current business environment, causing growing businesses to look elsewhere for capital and increasingly towards alternative forms of financing. By Ingrid Vanderveldt, Dell’s Entrepreneur-in-Residence.

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

Steve Blank

We did three iterations of the product in less than 12 months, each one progressively going off of different consumer metrics that we found and then partner feedback. Fortunately we had the confidence of a couple board members as well who were able to stand up for us. I always told myself that I would stop pushing forward when there was an overwhelming force from the outside saying that this is not working.

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

Steve Blank

We did three iterations of the product in less than 12 months, each one progressively going off of different consumer metrics that we found and then partner feedback. Fortunately we had the confidence of a couple board members as well who were able to stand up for us. I always told myself that I would stop pushing forward when there was an overwhelming force from the outside saying that this is not working.

Five Dumb Things Investors Want You To Stop Doing

Inc Startups

Sullivan is a founder and partner at StarVest Partners and serves on the Astia Board of Trustees with me. She also chairs Astia’s NYC Advisory Board. Surround yourself with an advisory board that can help you take flight Any of these mistakes will kill a deal.

Dear Avinash: Search / SEO Metrics & Analytics Questions + Answers

Occam's Razor

End of a minor web analytics lesson on going beyond obvious metrics and never, ever, never forgetting context. Of course look at our favorite metric bounce rate by keyword (that tells you if you can get people to give you one solitary click , the most primitive measure of SEO success).

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Best of Breed

thebarefootvc

Slice and dice this landscape according to different features/metrics that you think are important to your CUSTOMER. Or at least get some of them on your advisory board. When I invested in enterprise software in the late 1990′s, I saw a proliferation of “best of breed” solutions. These vertical solutions would focus on specific pain pain points in the enterprise, such as logistics or customer relationship management.

The Process of Entrepreneurial Improvement

Growthink Blog

I experienced this first hand at my company’s quarterly advisory board meeting this past week. While we are proud that Growthink’s revenues grew 30% in 2011, the complexity of our business model - with a mostly Internet marketing-based publishing “front-end” meshed with a strategic advisory and venture investing “back-end” - has long been a point of spirited discussion as to how to best organize and lead it.

Raise Capital With The Skin You’re In: Blunt Truth from Don Charlton, CEO, The Resumator

David Teten

Jeanne Sullivan , co-founder, StarVest Partners, strongly recommends creating an advisory board, especially in the early days. That advisory board would be able to say, ‘Don really knows what to do and how to do it: organized, smart, and more.’”.

Startup Valuation: How Much Is Your Company Worth?

Seed Stage Capital

Put On Your Best Poker Face And Just Ask: Let’s assume that you have a SaaS company that has built a decent first version of the technology, launched it, and generated a base of initial customers (and corresponding metrics).

A Solution to Fake Online Reviews

Inc Startups

Enter StellaService, a New York City-based startup that uses more than 200 metrics--including delivery speed, hold times, and refund policies--to give each online retailer an objective rating. Stella tracks these metrics and others.

Conversations with Richard Chino, pt. 1

Ask the Angels

He has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk. I was attracted to volunteer work — I’m on a couple of boards for non-profits — and I became interested in investing in start-ups.

57 Things I've Learned Founding 3 Tech Companies

betashop.com

Use them as a sounding board for corporate development issues. Advisory boards never amount to much. Jason is also an investor in and Board Member at RJ Metrics. Fab.com Bradfords Blog Fab Feed. Archive. 57 Things I’ve Learned Founding 3 Tech Companies. I’ve been founding and helping run technology companies since 1999. My latest company is fab.com. Here are 57 lessons I’ve learned along the way.

Startup Tools

steveblank.com

Three Things That Matter When Seeking Finance For Internationalization

ArcticStartup

You will need detailed metrics about the history and predictions related to a) How much it costs to acquire a customer (CAC=Customer Acquisition Cost), and b) What the lifetime value of a customer is (CLV=Customer Lifetime Value).

Startup Resources

www.vccafe.com

Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? Microsemi (Actel) smartfusion : A low power development board full of peripherals and an FPGA chip. Printed Circuit Boards. Simple online team or personal kanban board. About VC Cafe. Contact.

Pivot, don't jump to a new vision

Startup Lessons Learned

Each cycle was punctuated by a meeting of our Business Advisory Board (BAB). Leading up to a pivot, each cycle, despite our best efforts, the metrics werent good enough. At a prior company, we'd arrived at the point where it was obvious we were beating a dead horse, so we went back to the drawing board and came up with 3 options--one close to the idea, one in the space but far afield, and one almost unrelated.

Startup Financial Models and Forecasts: Part II.

Seed Stage Capital

Also, try to base your key business metrics on proxies from “real world&# companies or established benchmarks. For other key inputs, you might ask an advisor or investor—someone who sees multiple businesses in the space and has a feel for typical metrics.

Start Talking To Investors

Inc Startups

Most companies approach Catalyst after hearing Rich or his partners speak at conferences, or are identified by the firm's group of advisory board members who are constantly on the lookout for hot prospects. Pitching your company to investors daunting. We know that firsthand.

90 Things I've Learned From Founding 4 Technology Companies

betashop.com

Typically that means stuff like pitching and choosing investors, managing your board, coaching your execs, helping your team understand and build towards the bigger picture, motivating and rallying the troops, and most of all, providing clarity of focus. Use them as a sounding board for corporate development issues. Advisory boards never amount to much. Jason is also an investor in and Board Member at RJ Metrics. Fab.com Fab Feed Bradfords Blog. Archive.

6 Classic Ways to Crash Your Company

Inc Startups

They were doing their jobs, but they weren't measuring what they were doing; as a result, managers lacked the metrics they needed to boost the company's efficiency and productivity. Her first move: to establish a board.

Embrace technical debt

Startup Lessons Learned

should the test subjects be part of the customer advisory board? Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Lessons Learned by Eric Ries Wednesday, July 29, 2009 Embrace technical debt Financial debt plays an important and positive role in our economy under normal conditions.

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Growth: The problem solver that creates problems

The Next Web

In the last few months we’ve been seeing great growth in 3 key metrics: The number of websites signing up and using the system. Adopt faster, understand the needed set of skills and surround yourself with smart people that have done it before (advisory board is my preferred option).

Startups & VCs: Learn How to Design, Market, & Eat Your Own.

500 Hats

Home Best of 500 Hats About Dave Startup Metrics Dave on Twitter Archive Pages About 500 Hats & 500 Startups About Dave McClure About Dave follow me on Twitter Top Hat Posts Google Open Social vs. Facebook Platform (aka: Open Standards are for Losers. er, Underdogs) Facebook Big Pimpin: Using Social Networks & Platforms to Drive Distribution Startup Metrics for Pirates: AARRR! Marketing, Metrics, & Meaning (4 Pirates, in LA @ BlueGlass) Youve Seen This Shit B4.

Check out the wonderful things my clients shipped in 2012!

Escape From Cubicle Nation

While that is a useful metric, I also evaluate mine by the value contributed to the world by the people I work with. On this last day of 2012, as we prepare for a rocking 2013, I am tremendously proud to celebrate and share the people I have been lucky enough to work with this year.

A Compilation of the Web's Best Advice for Entrepreneurs

Platforms and Networks

Be sure to follow link in post to slideshow (NEW 12/4) Viral marketing analytics explained by David Skok of Matrix Partners (NEW 12/7) Author Tim Ferriss on how he used social media and A/B testing to build "Four Hour Workweek" into a best-seller (NEW - 12/15) Steve Blank: for web startups, A/B test metrics are necessary but not sufficient.

Lessons Learned: About the author

Startup Lessons Learned

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Because of IMVUs reputation, Ive also had the opportunity to serve as an advisor or board member for more than a dozen startups. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev.

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