Transformify

FEBRUARY 16, 2023

Keeping Track of Employee Retention: Why it Matters Maintaining low employee turnover rates can bring numerous advantages to your business. It is a crucial aspect to keep your business running smoothly and successfully, as high turnover rates can result in increased costs, effort, and time spent on recruitment and training.

Retention 52

Retention Employee Salary Global 52

Startup Professionals Musings

MARCH 25, 2023

Re-investing profits to grow the business is organic growth. The concept of free goods and services to get you hooked, financed by deep pockets, or advertising, seems marginally ethical to many. Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range.

Valuation 235

Valuation Revenue Viral Retention 235

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup?   Sometimes, the bonus in bootstrapping is that the venture finds it doesn’t need acceleration financing. 

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

JUNE 21, 2020

Re-investing profits to grow the business is organic growth. The concept of free goods and services to get you hooked, financed by deep pockets, or advertising, seems marginally ethical to many. Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range.

Revenue 434

Revenue Valuation Viral Retention 434

Startup Professionals Musings

JULY 13, 2019

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Try this one.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Hearpreneur

NOVEMBER 2, 2022

That’s not an HR policy or a perk; it’s our actual business model. 9- Customer Retention. As someone who works in finance, specifically investments, technology is constantly growing and becoming a huge part of how finance and investments work. Thanks to Ziga Breznik, Public Finance International ! #20-

Technical Review 105

Technical Review Software Review Artificial Inteligence Technology 105

Hearpreneur

JANUARY 1, 2023

Make a budget and keep a close watch on the finances , ensuring that there are no unnecessary expenses. Tighten up your business by focusing on team wellness and feedback before the recession hits. The ideal amount is about 6 months' worth of expenses. Thanks to Kevin Miller, Kevin Miller. #6- 6- Focus on cash flow.

Entrepreneur 96

Entrepreneur Software Review Technical Review Revenue 96

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

Growthink Blog

DECEMBER 27, 2017

In describing the competitive landscape, show how your business model creates competitive advantages, and – more importantly – defensible barriers to entry. Detail your customer retention plan. Need help with your business plan? Speak with a professional business plan writer today. market research).

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Hearpreneur

SEPTEMBER 22, 2021

It drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Virgin Group has always been at the forefront of popular culture business ventures.

Technical Review 124

Technical Review Entrepreneur Software Review SEO 124

Mucker Lab

AUGUST 27, 2014

If you took a random sample of 100 entrepreneurs here in LA, over 50% might not be able to tell you how to technically calculate 90-day cohort retention or how to build a cash flow statement. Furthermore, entrepreneurs don’t necessary build their businesses to be venture-funded. That number in the Valley might be closer to 10%.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Startup Professionals Musings

AUGUST 10, 2014

Re-investing profits to grow the business is organic growth. The concept of free goods and services to get you hooked, financed by deep pockets or advertising, seems marginally ethical to many. Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

Startup Professionals Musings

JUNE 26, 2016

Re-investing profits to grow the business is organic growth. The concept of free goods and services to get you hooked, financed by deep pockets, or advertising, seems marginally ethical to many. Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range.

Revenue 145

Revenue Valuation Startup Viral 145

Startup Professionals Musings

DECEMBER 5, 2016

Too many entrepreneurs put their best creative thinking into the startup idea, and believe that the business implementation simply requires following tried and true business practices. To win, you need to think outside the box to deliver a better customer experience, business model, and new positioning.

Retention 120

Retention Valuation Equity Analytics 120

Austin Startup

JULY 2, 2021

This saves our operations and finance teams hours of manual work each week. CareerPlug was one of the first companies to adopt the new product from Chargify to better manage its billing data and overall business financials. Visit www.chargify.com to learn more about Chargify Business Intelligence. and Canada.

San Antonio 67

San Antonio B2B Texas Ireland 67

VC Cafe

NOVEMBER 2, 2019

Benchmarks are typically specific to stage/business model/geo. In Rob Go’s words: For seed and Series A deals, investors will also need to see a high-potential team with founder/market fit , a large and attractive market opportunity , and a business model with increasing returns to scale.

B2C 141

B2C Technical Review Startup Retention 141

Steve Blank

APRIL 1, 2020

Remember, a year from now no one wants to be the CEO of a company out of business whose lament is, “I did what the board told me to do.”. This plan has three parts: Pivots to your new business model, changes to your operating plan, and what initiatives you save for the recovery. What does your board suggest?

South Korea 333

South Korea Salary Business Model China 333

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

For years they demonstrated real, growing revenues (not just “active users”), a repeatable, scalable business model (not just flash-in-the-pan ideas), ownership of a large market (SMB lead-gen, social gaming), and they survived the operational challenges inherent in rapid-growth companies.

IPO 240

IPO Flash Bootstrapping Private Equity 240

Austin Startup

FEBRUARY 20, 2020

We’re also seeing a lot of innovation in supply chain, mobility, customer retention, where blockchain is helping to solve issues we used to think were unsolvable. Another movement we’re seeing right now is DeFi, or Decentralized Finance. While regular software handles data, DeFi handles money (digital money).

San Francisco 97

San Francisco Cofounder Colorado Security 97

Austin Startup

AUGUST 20, 2017

Compensation decisions obviously affect hiring and retention. Messy cap tables can come back to haunt you when you do a financing or sell the company. Your business works as intended if you can attract customers that fit into the context of your operation. They also observe who is pulling his or her weight and who is not.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

A Smart Bear: Startups and Marketing for Geeks

SEPTEMBER 10, 2013

This is the fourth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , and The mistake of 1/c in LTV. Its tough for a growing SaaS business to ascertain whether or not it’s truly profitable. Here’s a way to do it.

Metrics 238

Metrics Revenue Flash Later Stage 238

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. In it we explicitly state: “The real value creation comes when innovative technology enables innovative products and services with innovative business models….What

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Growthink Blog

JANUARY 20, 2015

Undertaking a formal and comprehensive study of a business’ industry, market, and competition usually leads to one of two results - either the target market is much smaller and less lucrative than surmised or… …it is defined so imprecisely and broadly as to uncover faulty strategic thinking / an unsound business model.

Conversion Ratio 48

Conversion Ratio Venture Capital Business Model Retention 48

Professor VC

NOVEMBER 13, 2008

This got me thinking about the business model that Mike Keiser has built at the resort and a lecture began to form in my head. Also, if the weather gets really bad, they offer a full refund voucher good for your next trip - all about customer retention. Labels: Bandon Dunes , business models , golf. Steve Bennet.

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

Growthink Blog

MARCH 1, 2016

Undertaking a formal and comprehensive study of a business’ industry, market, and competition usually leads to one of two results - either the target market is much smaller and less lucrative than surmised or… …it is defined so imprecisely and broadly as to uncover faulty strategic thinking / an unsound business model.

Conversion Ratio 48

Conversion Ratio Business Model Retention Revenue 48

Gust

DECEMBER 27, 2012

You should know EVERYTHING about your business, product, customers and competition. You should know every metric regarding customer acquisition, conversion and retention. You should have a crystal clear understanding of your business model and your financials.

Software Review 164

Software Review Term Sheet Technical Review Angel Investor 164

Hearpreneur

JANUARY 7, 2017

I seized this opportunity to try an experiment in both client service and employee retention, by focusing on senior level staff first, and combining that with a flexible and healthy working environment that is not a mainstay in the public relations world. 20 – To Blend A Beautiful Business Model.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

YoungUpstarts

OCTOBER 13, 2020

Retention of Staff. Compounded with recent events – start-ups top priority should be staff retention, not sales. Retention of Clients. Businesses could have anywhere from half a dozen to hundreds of KPIs. Practices like this demonstrates how founders can ‘lead from the front’ and become an attractive place to work.

Management 194

Management Founder Asia Cofounder 194

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) but few step back and really examine the underlying assumptions of startup finance.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

FEBRUARY 26, 2020

Btw, the definition of each startup financing stage has changed in the last decade. For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?).

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

The Next Web

AUGUST 26, 2012

The metrics that matter the most are returning customers (user retention), turnover per customer and viral growth (k-factor). Remember that raising money in itself is not the purpose; it’s about creating an organization that can fully focus on finding retention and a working business model that can later on scale.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

The Startup Magazine

FEBRUARY 24, 2019

SaaS business models differ from all others in that they get revenues over an extended period of time. As such, most entrepreneurs focus all their energies on customer retention. They mistakenly believe that focusing on the final stage of a customer lifecycle will yield business growth. The Model at Work.

SQL 85

SQL Metrics Business Model Revenue 85

ConversionXL

NOVEMBER 17, 2022

In thinking about the bigger goal of digital transformation, 46% say they have been able to identify and create new product and revenue streams, and 45% of organizations are now using data and analytics to develop new business models. The more you know about your customers and market, the more effectively you can run your business.

Analytics 106

Analytics Metrics Channel Campaign 106

View from Seed

FEBRUARY 27, 2019

They could look quite different based on whether you’re pre- or post-PMF: Pre-PMF: Key hypotheses of the business you want to prove/disprove?—?they they can range from customer acquisition, product engagement/stickiness, or business model. Post-PMF: Key milestones the business needs to hit (e.g.

Hiring 120

Hiring Bandwidth Product Early Stage 120

maplebutter.com

JANUARY 8, 2013

Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. If you believe in it – then finance whatever you can yourself. Press is something you should do once you know your activation / retention metrics are good. Other sources of capital.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

ConversionXL

SEPTEMBER 10, 2014

Filmmaker Morgan Spurlock talks about the “branding” problem & how he was rejected by 100’s of companies to help finance a film because he didn’t understand his brand’s core values enough to properly present his “ value proposition ” to the people who would give him money. Not really.

Conversion 112

Conversion Design Caching eCommerce 112

Up and Running

MARCH 11, 2015

This is the part that people hate the most, unless you’re a finance geek. That’s going to help you put your financials together, and it’s also going to help because everybody loses customers, so in your model you have to be able to say what the retention rate is of that customer as well, and the churn rate.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60