article thumbnail

10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Implement a modern real business model.

article thumbnail

Startup Metrics

TechEmpower

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? channels (search, social, viral, new media), cost-efficient distribution We often reference Dave’s work when talking to innovators. These two questions/answers can help define the early proof points for your company.

Metrics 260
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Implement a modern real business model.

Forecast 304
article thumbnail

How To Build a Web Startup – Lean LaunchPad Edition

Steve Blank

As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + Customer Development. Set up the logistics to manage your team. Read Business Model Generation pages 1-72, and The Four Steps to the Epiphany Chapter 3.

Lean 334
article thumbnail

The unprofitable SaaS business model trap

A Smart Bear: Startups and Marketing for Geeks

So no, this upside-down business model isn’t what a SaaS business should construct. Marketing, sales, legal, account management, on-boarding, technical guidance, training. disappears in direct costs to service that customer, like servers, licenses, tech support, and account management. of revenue, $0.30

article thumbnail

Product Manager Entrepreneur Mark Geller

SoCal CTO

He has a really interesting background as a product manager and now an entrepreneur. Like many product managers, my background is fairly eclectic. I was in charge of all product management and marketing for the first year-and-a-half, that was a great learning experience with a very talented team of folks.

article thumbnail

10 Calculated Risks That Lead To Startup Success

Startup Professionals Musings

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Implement a modern real business model.

Startup 283