Jeff Hilimire

APRIL 8, 2015

Earlier this week I wrote about having (or not having) a co-founder / business partner. 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. Entrepreneurship'

Advisory Board 28

Advisory Board Cofounder Metrics Community 28

Steve Blank

NOVEMBER 16, 2009

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. Dave McClure has some great metrics…” It was an honest but vaguely unsatisfying answer. As for #3. I agree completely.

Customer Development 219

Customer Development Web Developer Customer 219

thebarefootvc

AUGUST 13, 2013

Slice and dice this landscape according to different features/metrics that you think are important to your CUSTOMER. You will quickly see how crowded the space really is, how big a pain point you are solving and who potential partners are. Or at least get some of them on your advisory board. – PEOPLE.

Advisory Board 70

Advisory Board Cloud Venture Capital Vertical 70

ConversionXL

AUGUST 11, 2021

Next, look at any companies or suppliers you already partner with. It contains the story of your property, mission statement, sponsor benefits, demographics, marketing plan, goals, media opportunities, advisory board, and the sponsor fees.”. Are they a potential sponsor? Lean on your professional networks too. Source ).

Audience 139

Audience Social Media Email Ruby 139

Startup Professionals Musings

JANUARY 6, 2021

It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. In most companies, maintaining momentum requires the right strategic partners and acquisitions, in lieu of short-term price adjustments and special sales.

Technical Review 400

Technical Review Technical Cofounder Advisory Board Cofounder 400

Startup Professionals Musings

AUGUST 13, 2012

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

OCTOBER 17, 2018

Unfortunately, your personal assessment that you have traction probably won’t be convincing to potential investors and partners, so it’s important that you create and track your progress against some metrics. Define metrics on customer feedback and user counts. Assemble a credible inside advisory board and partners.

Advisory Board 199

Advisory Board Technical Review Metrics Business Model 199

David Teten

JANUARY 23, 2021

I’ve been fortunate to be a Partner at two different VC firms over the past 9 years, and we’ve grown AUM 10X both times. Build the firm as much as possible before you solicit limited partners. . The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Gust

AUGUST 5, 2012

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Steve Blank

JUNE 15, 2010

And some larger funds that specialize in later stage deals may have a partner or two who likes to invest at this stage. For a founder there’s nothing worse than searching for a business model day after day and then sitting in a board meeting with a VC who asks about some detail of year 5 of your revenue plan. Lean Startups ?

Founder 231

Founder Vesting Later Stage Early Stage 231

Startup Professionals Musings

APRIL 22, 2010

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

SoCal CTO

MARCH 4, 2010

important planning meetings or partner meetings). Other labels: Consultant – Take bits and pieces, possibly coach Advisor / Advisory Board Member – Often a periodic responsibility and some ad hoc activities. Some weeks might end up being pretty much full-time on a single startup (e.g., But it generally works out well in the end.

Technical Review 170

Technical Review Fractional CTO Technology CTO Hire 170

Steve Blank

OCTOBER 11, 2016

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. They still thought we were building what we had presented in a PowerPoint slide as the product, but that didn’t work out in our case. .

Columbus 245

Columbus Entrepreneur Ohio Cofounder 245

Austin Startup

MARCH 2, 2019

Speak with potential customers, speak with industry experts, speak with potential partners?—?validate Editor’s note: Since I wrote this, Compare Metrics was renamed Edgecase and was acquired by GroupBy in Canada. And Dean became our first Advisory Board member of many.

Advisory Board 51

Advisory Board Cofounder Greece Bootstrapping 51

Steve Blank

OCTOBER 11, 2016

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. They still thought we were building what we had presented in a PowerPoint slide as the product, but that didn’t work out in our case. .

Columbus 120

Columbus Entrepreneur Ohio Cofounder 120

The Next Web

JULY 8, 2013

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). We’ve spent $0 on outbound marketing.

Advisory Board 128

Advisory Board API Cofounder PPC 128

Austin Startup

OCTOBER 6, 2018

where I am now a Venture Partner?—?in First Round has been an incredible partner in our journey from startup to public company. investors, employees, clients, and partners. All metrics were revealed. My talk was about the 7 lessons I’ve learned on the journey from founder to CEO. in our Series A. but most informative?—?presentation.

Founder 51

Founder Cofounder Software Review San Francisco 51

betashop.com

OCTOBER 8, 2012

This past week while I was in Tokyo for meetings with potential partners for Fab, I was invited to participate in a panel discussion on startups. million registered users, 7500 supplier partners, 600 team members, and a run-rate of more than $150M in sales in just 15 months. Advisory boards never amount to much.

Technical Review 108

Technical Review Technology Software Review Valuation 108

David Teten

JANUARY 13, 2015

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.’”. Prove more through metrics.

Venture Capital 60

Venture Capital Advisory Board Greece Cofounder 60

Startup Lessons Learned

OCTOBER 23, 2009

– Eric Ries In April of 2009 my partner and I had an idea for a web app, a B2C platform that we are selling as SaaS [software-as-a-service]. – Eric Ries In April of 2009 my partner and I had an idea for a web app, a B2C platform that we are selling as SaaS [software-as-a-service].

San Francisco 144

San Francisco Customer Wiki Lean 144

Startup Professionals Musings

JUNE 19, 2015

So it behooves every aspiring entrepreneur to understand their own DNA before picking a project to bet their life on, and to facilitate effective communication with all constituents, including partners, investors, team members and customers.

Advisory Board 120

Advisory Board Angel Investor Incubator Cofounder 120

Hearpreneur

OCTOBER 20, 2019

BHAG is one day be able to truly focus on what is ahead and its achievability and aim to change my goals always to stay relevant to my customers, employees, market, partners, investors and the society. For many startups, this can be some of the hardest money to raise because traditional metrics aren’t well established, yet.

Papua New Guinea 66

Papua New Guinea Hawaii Advisory Board Churn Rate 66

Austin Startup

MAY 29, 2019

But Bazaarvoice actually has a working network effect that benefits all participants: retailers, brands that sell through those retailers, consumers that shop at those brands and retailers, and Bazaarvoice and some of its partners. I wrote about this in detail in my first annual shareholders letter after Bazaarvoice became a public company.

Networking 48

Networking Fractional CTO CTO Hire B2C 48

steveblank.com

JULY 8, 2011

Blogs (VC): Antonio Rodriguez [link] – A very technical VC at Matrix partners who can actually code. Blogs (web development): Giant Robots Smashing Into Other Giant Robots – [link] Company blog of thoughtbot covering Ruby on Rails, HTML, CSS, Javascript, databases, and mobile development.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? Mark Suster GRP Partners Advice. Executive / Advisory Board Compensation. Philippe Botteri, Bessemer Venture Partners. VentureHacks on Startup Advisory Boards â?? Lodestone Innovation Partners (IP) Ltd are spin-out specialists.

Software Review 53

Software Review Technical Review Startup 53