A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

No wait, I forgot, actually the question is: What happens when employee #2 makes off with your code and roadmap and marketing data and customer list, moves to Bolivia, and starts selling your stuff world-wide at one-tenth the price? But now she has the vision and ability to design her own software, capitalizing on modern trends (e.g.

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. It always reduces risk to plan your business first.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. It always reduces risk to plan your business first.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. It always reduces risk to plan your business first.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. It always reduces risk to plan your business first.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 11, 2010

Ask a technical founder about his startup, and he'll proudly describe his stunning software — simple, compelling, useful, fun. Great," I always exclaim, sharing the thrill of modern software development, "so how will people find out about this brilliant website?". We're going to get reviews on blogs.". Frightening honesty.

Software Review 261

Software Review Technical Review Viral Software Developers 261

Up and Running

MAY 23, 2016

Since the term “cloud computing” was coined in 1996—at least as we have come to understand its meaning—the software as a service industry has exploded. In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent.

Software Review 74

Software Review Software Delaware Forecast 74

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Bootstrapping. Sources of funding. ?

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

SEPTEMBER 29, 2022

Download our free Startup Checklist and review the complete guide for starting a small business. It can be the idea, the customers, the mission, the grind—whatever it is; there’s something that keeps you going. Sure, your friends and family say they love it, but that doesn’t guarantee that actual customers will.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. It always reduces risk to plan your business first.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

I recently helped a friend broker the sale of his small, bootstrapped company. They’ve heard rules of thumb like “A growing software company is worth 5 times their trailing 12-months revenue.&# Even narrowing the field as much as feasible, revenue multiples varied between 1.2x

Sales 260

Sales Channel Cofounder Valuation 260

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stair Step Approach. Getting those initial early sales is a big win. all at once. Step 2: Own Your Time.

Bootstrapping 36

Bootstrapping Technical Review SEO Revenue 36

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Getting those initial early sales is a big win. all at once.

Bootstrapping 41

Bootstrapping Technical Review SEO Revenue 41

Hearpreneur

AUGUST 11, 2021

With their affordability, you can invest in several and gain more return by earning customer trust before a sale occurs. They’ve built more trust with their followers, so customers might be more willing and trusting when they check out your website after the micro-influencer recommends you. 17- Saturated with bootstrapped businesses.

Entrepreneur 126

Entrepreneur Technical Review Social Media Bootstrapping 126

YoungUpstarts

JANUARY 26, 2016

by Gareth Wilson, Head of Marketing at Fog Creek Software. Despite being a bootstrapped company with little revenue, we over-invested in a central New York City office at a rate of 15% rent to revenue. Our customers never visited our workspace; this was a decision made solely for the comfort of our staff.

Software Review 100

Software Review New York City Salary Employee 100

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Getting those initial early sales is a big win. all at once.

Bootstrapping 27

Bootstrapping Technical Review SEO Revenue 27

The Next Web

SEPTEMBER 22, 2013

From a narrow niche of IT professionals who were our early target market, we now have a wide variety of customers.”. When I started Shapeways, complex software needed to be built and when I first reached out to developers, a lot of them laughed and told me it was impossible. Christian Reber , Founder and CEO of 6Wunderkinder.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Rob Go

DECEMBER 28, 2011

So I thought I’d jot down some of the highlights I have seen from my vantage point in this 2011 Boston Consumer Web Year in Review. 61M in Q3 revenue, up 28% YoY. Zipcar: Ok, not exactly consumer web/software, but a great consumer tech company nonetheless. IPO’s/Exits. Tripadvisor: An amazing entrepreneurial story.

Technical Review 54

Technical Review Boston Software Review IPO 54

Duct Tape Marketing

FEBRUARY 20, 2024

He is a self-taught software engineer and technologist. Key Takeaways Jason emphasizes the importance of maintaining customer focus, embracing change, learning from failure, building a strong team, and staying true to your values when scaling a business. Click on over and give us a review on iTunes, please! John (02:33): Yeah.

Chicago 49

Chicago Campaign Software Review Software Engineering 49

Duct Tape Marketing

AUGUST 23, 2023

He is the co-founder of Boast.ai, where he leveraged the Community-Led Growth model to bootstrap the company. Click on over and give us a review on iTunes, please! where he leveraged a community-led growth model to bootstrap the company. Then another time was when we were bootstrapping both. My guest today is Lloyed Lobo.

Community 53

Community Kuwait Cofounder Bootstrapping 53

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. Next, Umakant Soni discussed Vimagino.com , a software for Web-based Q&A support to engage customers better on sites that are trying to draw people in and convert them into customers.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

OCTOBER 7, 2010

At today's roundtable we had some interesting companies and a lot of fundraising discussions, and I will review them shortly. Sub-$2 million pre-money, it is better to bootstrap. Well, it turns out that with about $900,000 and 12 months, Siobhan can get to paying customers. Trendy Loot.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

Up and Running

JUNE 4, 2018

Due to automation and other technological advances, many jobs that existed just a decade ago are gone forever. This is clear when you do anything from checking in your baggage for a flight, to contacting a large company’s customer service department! It’s easier to bootstrap. Starting your business. These include: 1.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

www.singlefounder.com

OCTOBER 23, 2010

I’d like to take a few minutes to dispel the top five myths of software startups. I could point to countless examples of mediocre software being unleashed upon the general population, after which people like you and me have to help replace it with something decent. In fact, not having one can be more helpful than anything else.

Software Review 40

Software Review Software Startup Massachusetts 40

Up and Running

JULY 10, 2017

To determine whether freemium is right for you, do the simple math: Figure out how many paying customers you need to run the company. If you charge every user $50 and spend $10K to pay the business bills, you need at least 200 customers to break even. In our example, it’s 20K non-paying customers. Duolingo lingot store.

Startup 110

Startup Non-Compete Viral Software Review 110

A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

Welcome back to Smart Bear Live, the call-in show with Jason Cohen, sponsored by Software Promotions. I bootstrapped it on my own. Maybe just 50 or 100 customers and you’re making enough money that this is your deal. In this episode, special guest Mark Suster joins Jason to talk with Dan Bowen from SyncBloc.com.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

Austin Startup

DECEMBER 17, 2017

John Imlay of MSA occasionally took me on road shows with analysts to talk about his new acquisition Peachtree Software. Hurricane Irma had a major negative revenue impact on one whose fall book of business was mostly in Florida. But, credit is due to all these CEO’s for perseverance. I got the message. May you be disturbed.

Silicon Valley 48

Silicon Valley Atlanta Software Review Early Stage 48

ReadWriteStart

SEPTEMBER 10, 2010

This company provides a crowdsourced customer service solution to enterprises. Gio pitched it to me as a crowdsourced BPO, but I think he will have more success if he simply focuses on customer service as his core value proposition. They already have several customers including some telcos, and are at about $350,000 in revenues.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

online.wsj.com

SEPTEMBER 23, 2012

Computer Software. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com. Media & Marketing. Small Business. More Industries. Accounting. Advertising. Broadcasting & Entertainment. Computer Hardware. Hospitality.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

K9 Ventures

JULY 21, 2016

Computing and software came a few years later for me as access to computers wasn’t as easy or affordable. Software is awesome as it gives you instant gratification. It requires a higher level of discipline than software does. You make a change, compile, and voila you can see the effect of what you did.

Software Review 48

Software Review Forecast Portfolio Distribution 48

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. 1M/1M Program has a bold mission. This is where numerous ventures fail.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Austin Startup

JUNE 26, 2019

The Whole Enchilada For those of you interested in more than The Skinny, keep reading… Countless conversations have been had with key users, customers, advisors, mentors, family and friends. and * on a bootstrapped budget* : We first engaged in customer surveys and validated a huge problem?—?several What did our customers think?

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. But our goal is to make sure that these businesses are sustainable, have customers, revenues, and profits. She is also considering developing software to address these issues.

India 116

India Green Silicon Valley Massachusetts 116

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. Jason: So how many of those 20,000 people are paying customers? Edwin: Okay, I have different types of customers. Jason: Okay.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Tim Keane

OCTOBER 19, 2006

Due diligence: An Entrepreneurs Perspective » October 19, 2006. Of course, everyone understands that somewhere in the equation theres revenue, whether directly or indirectly. We tried to buy some software recently that the vendor wanted to price on the basis of third party uses, a category of activity uncontrolled by us.

Software Review 60

Software Review Wisconsin Technical Review Angel Investor 60

ReadWriteStart

MARCH 17, 2011

Adrian wants to build a location-based service focused on assembling, and then reviewing and rating various services from fixing roofs to plumbing. He needs to bootstrap it to a certain level, and following the 1M/1M methodology would be a good start. First up, Adrian Montero from Belen, Heredia, Costa Rica, presented FinqIt.

Costa Rica 114

Costa Rica America Silicon Valley Entrepreneur 114

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2012

Welcome back to Smart Bear Live, the call-in show with Jason Cohen, sponsored by Software Promotions. Don’t forget to sign up for the wonderful Business of Software conference to hear Jason speak in person. Maybe you didn’t think it was worth it to spend $5,000 or more on a custom website, something along those lines.

API 220

API Software Review Hosting Technical Review 220