Hearpreneur

DECEMBER 10, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 11- Double our revenue. 1- Delegate and expand. #5-

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Entrepreneur Security SEO Community 125

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” I have had this discussion with many a first-time entrepreneur. million in revenue three years later is, “So effing what?”

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Startup Revenue Technical Review Flash 418

ConversionXL

SEPTEMBER 9, 2021

In this article, we’ll look at how the social media landscape has evolved, and what you can do to grow your presence and create a community of loyal fans. Because of this, it spans two objectives: Turning customers into advocates Improving customer retention. That’s not to say the app is over—retention among users is strong.

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Social Media Media Developer Marketing 142

Hearpreneur

DECEMBER 8, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 11- Double our revenue. 1- Delegate and expand. #5-

Entrepreneur 62

Entrepreneur Security SEO Community 62

ReadWriteStart

OCTOBER 2, 2023

I’ll start by taking you to the world of Startup X, a passionate team of entrepreneurs who believed they had the next big thing in the world of software as a service (SaaS). In this article, I’ll share some best practices and real-life examples of successful product design for SaaS companies.

Design 105

Design Product Churn Rate Architecture 105

David Teten

AUGUST 6, 2015

My recommendations in this article are focused on making sure that investors understand what you have created. More reasonable: a company with a direct sales model may drive revenue growth based on the number of productive sales reps and a quota, with a target that is higher over time. 11) Separate out your model output.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

ConversionXL

DECEMBER 7, 2017

In this article, I explain what I mean by tripwire marketing: what it is and how we used it as part of a high-ROI marketing program. That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. These numbers are not uncommon for tripwire marketing retention campaigns.

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Hearpreneur

JANUARY 7, 2017

We asked some entrepreneurs and business owners, why they started their businesses: #1 – I Have a Dream. I was the first social entrepreneur in the coffee world. I hit over six figures in my first year in business – and the company revenue has increased annually ever since. Image Credit: Enrico Bratta.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

ConversionXL

SEPTEMBER 10, 2018

In this article, I’ll give you insight into nine of the most common things I see holding back business growth—and how we’ve helped clients solve these issues. Retention of agency services for manual work that could be automated. I see good actions that really help a company grow but also common elements that hinder growth.

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Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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Customer San Francisco Lean Hockey Stick 167

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

Witness, for example, this terrific Fast Company article on Bill Nguyen , serial entrepreneur who’s seventh startup “Color” famously raised $41m for a new mobile app before it even launched. GroupOn’s engine that turned capital into revenue growth was a form of force-feeding rather than building a product).

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IPO Flash Bootstrapping Private Equity 240

Startup Lessons Learned

JANUARY 2, 2009

We were even more embarrassed by the pathetically small number of customers we had, and the pathetically low amount of revenue we had earned so far. We’d always cringe as we admitted that, no, we really only had a few thousand customers and a few thousand dollars in monthly revenue. Retention cohort analysis.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

ConversionXL

OCTOBER 23, 2015

Jen Havice wrote an incredible article on this topic for ConversionXL, How To Create Customer Personas With Actual, Real Life Data. If you want to learn more about creating customer personas, I encourage you to read the full article. As a marketer or entrepreneur, you have the curse of knowledge. Craft Copy That Resonates.

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Conversion Retention Audience Software Review 48

Hearpreneur

JANUARY 3, 2018

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. It’s a new year and right after the ball drops, it’s time to go to work.

Kentucky 96

Kentucky Entrepreneur Social Media Los Angeles 96

crowdSPRING Blog

AUGUST 6, 2018

A 2016 article in Fortune revealed that for the first time, consumers were making more purchases online than in stores. We looked at A/B testing and how you can use it to improve your website in a previous article. Consider whether they are buying an item, signing up for an account, or reading an article. Duct Tape Marketing.

Mobile 48

Mobile Design Technical Review RSS 48

ConversionXL

SEPTEMBER 20, 2018

In this article, I’ll walk you through the three tidal waves coming ashore and show you how to avoid their potentially disastrous consequences. A product-led go-to-market strategy relies on product features and usage as the primary drivers of customer acquisition, retention, and expansion. This isn’t limited to the B2C space.

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Marketing Sales Cycle Acquisition Sales 289

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” These days revenue is the best source of capital. Excellent article!

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

View from Seed

JUNE 16, 2015

Leading up to the event, they published an article listing questions VCs never answer , as submitted by the community. I was recently asked to sit on panel with my fellow VC peers and some top entrepreneurs from the Boston tech community. Generally, my advice to entrepreneurs is to avoid these situations.

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Boston Syndicate Syndication eCommerce 120

Growthink Blog

APRIL 29, 2014

And if you have even a sliver of remaining doubt on this point, read this article ). As in less then $10 million in in revenues and less than 30 employees. Companies with Thoughtful Revenue Models. Aspiring entrepreneurs who seek their name in lights pray to it. Everyone knows that this is not possible.

Houston 72

Houston Retention Venture Capital Global 72

Reid Hoffman

MARCH 19, 2019

Tim O’Reilly’s recent article, “ The fundamental problem with Silicon Valley’s favorite growth strategy ,” makes an impassioned argument that the ideas in our book, Blitzscaling , encourage entrepreneurs to behave in ways that are irresponsible or even dangerous in the pursuit of what he characterizes as “runaway growth.”

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Cofounder Business Model IPO Non-Compete 28

Startup Lessons Learned

AUGUST 24, 2009

They can make smart investments even if the entrepreneurs are not well credentialed or have a product/idea that is outside the mainstream of what investors are expecting As this change has rippled up the venture industry, it has meant a lot more worthy companies are getting funded than just a few years ago. What is the right revenue model?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

crowdSPRING Blog

APRIL 24, 2015

This week’s set of great links and articles that we shared with you over the past week on our crowdSPRING Twitter account (as well as my own Twitter account ) is perfectly secure! 5 Things Entrepreneurs Can Learn From Artists | @crowdSPRING Blog – bit.ly/1DYSQ3Q. Three Donor Retention Strategies for Social Media bit.ly/1F7JNi7.

Small Business 48

Small Business Design Social Media Startup 48

andrewchenblog.com

MARCH 10, 2010

Technical debt Most of my readers are probably familiar with the concept of technical debt, but just to re-summarize from this great article on the topic : The first kind of technical debt is the kind that is incurred unintentionally. Eric Ries has a great article advocating for why it’s OK to Embrace Technical Debt.

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Technical Review Design Las Vegas Product 47

View from Seed

AUGUST 30, 2016

However, it’s home to some of the smartest entrepreneurs I’ve ever met, along with a long list of exceptional colleges and universities. You may be looking at the user TAM and thinking that 28 million businesses isn’t that much, especially compared to some of the previous social networks mentioned in this article.

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Social Media B2B North America Media 185

Up and Running

JANUARY 23, 2018

Whether you are a business owner, a sales manager, or a strategist, this article is for you. According to Jason Zook , serial entrepreneur: “When you try to make something for everyone, you end up making something for no one.”. In other words, focus a good amount of effort on customer retention rather than customer acquisition.

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Sales Metrics Business Plan Networking 82

Up and Running

JANUARY 7, 2020

It’s when you have paying customers and can show both customer growth and customer retention. . It alleviates the struggles you’ve experienced as an entrepreneur. We made the same argument as almost every ambitious entrepreneur , “Should we attain merely 1percent of global market share…” Global market size was $246B, growing at 1.9

Product 82

Product Marketing Silicon Valley Term Sheet 82

ConversionXL

JANUARY 18, 2022

In this article, you’ll understand what brand equity is and how to build it so your audience reaches for your product, service, or solution over the rest. Why did entrepreneurs turn to Shopify to launch their start-ups and not one of the more widely used and cheaper platforms like Squarespace or WooCommerce? It’s the safer bet.

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Equity Marketing Social Media Software Review 94

Both Sides of the Table

MAY 5, 2011

This article originally ran on TechCrunch. I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. Passionate Entrepreneurs & Ambassadors. I’m in Seattle this week.

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Seattle Silicon Valley Technical Review Los Angeles 317

ConversionXL

FEBRUARY 9, 2016

2010 – Sean Ellis, who currently runs Qualaroo , coins the term “growth hacking” in his article, Find a Growth Hacker for Your Startup. In the article, Andrew describes growth hackers as a cross between marketers and coders. 6 Growth Hack Techniques You Can Try Today by Entrepreneur. Undeniably. …Really?

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Retention Metrics Acquisition Conversion 48

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Read Ann Miura-Ko’s article on product/market fit here.).

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Cofounder Seed Stage Valuation Metrics 431

ConversionXL

JUNE 24, 2014

There is much more to say about registration processes than I have space for in this article, but you can read more here: Why user registration sucks and how it hurts your business. The number of visitors directly correlates to revenue – whatever business you are in. Nothing beats word-of-mouth recommendations.

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Social Network Viral Social Media B2C 130

maplebutter.com

JANUARY 8, 2013

If you’re an Entrepreneur, you can do it from any place in the world. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. I would focus on one product and set a goal to generate $1M in yearly revenue from it. Just start today, cool?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

SoCal CTO

OCTOBER 5, 2010

Why Every Entrepreneur Should Write and 9 Tips To Get Started - OnStartups , September 27, 2010 "The best part of blogging is the people you will meet"- Hugh MacLeod repeating wisdom from Loic Lemeur to me at the Big Pink at 2 am in South Beach after the Future of Web Apps 2008. This is the first article from Jason L.

Technology 191

Technology Product San Francisco CTO Hire 191

dondodge.typepad.com

JANUARY 15, 2011

Entrepreneurs face some pretty tough questions at a very early stage. Both the entrepreneur and the investor have much higher expectations than just "even money" on their bet. The entrepreneur expects the company to be worth many times this valuation and so does the investor. Should I take Angel or VC money?

Equity 40

Equity Employee Dilution Valuation 40

Aymeric Gaurat-Apelli

APRIL 20, 2010

well, millions actually) Basically, it is Facebook that turned me into an entrepreneur. As Facebook matures as a platform, it is changing its focus from growth to retention. Other articles you might like Facebook Places is now available in Australia (0) Is it still possible to be a successful developer on Facebook? (0)

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Developer Australia Ruby API 32

ConversionXL

SEPTEMBER 2, 2019

The number of visitors directly correlates to revenue—whatever business you are in. Others are fully sold on the value of users’ social data to marketers, including entrepreneur Higinio Maycotte. “If This data from the Blue research study reflects other research we cited in our article on investing in good testimonials.

Social Network 73

Social Network Viral Social Media B2C 73

ConversionXL

JUNE 16, 2016

“Move fast and break things” has become a way of life , an ideal for aspiring entrepreneurs who just want to hustle all day, hustle all night like Gary Vaynerchuk. In an article , Sean explains that they had hit a monthly active users (MAUs) plateau. Retention: Optimizing for the second, third, fourth conversion.

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Framework Programming Metrics Engineer 48