Startup Professionals Musings

FEBRUARY 17, 2018

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Find a strategic partner to accelerate growth. Opportunity and revenue projections based on deep market and customer analysis are a smarter risk.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 223

Customer Development Web Developer Customer 223

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. Team, Product, Traction, Business Model and Market.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Startup Professionals Musings

SEPTEMBER 28, 2015

If the elements of your business aren't expertly developed and aligned, even the best dream will be in jeopardy. Such failures ignore the essential business elements investors look for before committing to a startup. Website and smartphone solutions usually require referral partners and value-added resellers.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

JANUARY 29, 2011

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246

Startup Professionals Musings

APRIL 7, 2023

These days, even viral marketing requires real money, for events and promotions. The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Startup Professionals Musings

SEPTEMBER 9, 2015

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Find a strategic partner to accelerate growth. Opportunity and revenue projections based on deep market and customer analysis are a smarter risk.

Forecast 120

Forecast Startup Stock Options Technical Review 120

ConversionXL

FEBRUARY 3, 2022

Neither would have achieved virality had customers not received something tangible for their efforts. Once you’ve established your ideal customer, you can better focus your growth hacker marketing efforts to improve revenue and ROI. The team then began producing webinars with affiliate partners to help them drive more sales.

Retention 113

Retention Marketing Acquisition Channel 113

venturedig.com

NOVEMBER 1, 2009

The business models within the social media realm are much different than traditional businesses. In social networking, they’re ever-changing, backed by eye-opening revenue and have very little documentation. For this reason, this piece will be routinely updated with new models and new feedback from your comments.

Social Network 55

Social Network Business Model Networking CPA 55

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. we had no revenue. In a single year, the classic general partner in a venture firm is exposed to around 5,000 pitches; decides to look more closely at 600 to 800 of them; and ends up doing between 0 and 2 deals. Reid Hoffman.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Startup Professionals Musings

JULY 12, 2020

These days, even viral marketing requires real money, for events and promotions. The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

Customer 156

Customer San Francisco Viral Lean 156

www.forentrepreneurs.com

FEBRUARY 2, 2010

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. For more on the topic of Viral Growth, refer to my blog post on that topic here.)

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 312

Wiki Lean Management Business Model 312

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. See Bessemer Venture Partners’ A comprehensive guide to security for startups. Cobalt for General Partners helps GPs to optimize their fundraising strategy. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

NOVEMBER 11, 2013

The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business. Business model doesn’t make money. Even a non-profit has to generate revenue (or donations) to offset operating costs. Don’t quit your day job until new revenue is flowing.

Intellectual Property 251

Intellectual Property Startup Viral Early Stage 251

Steve Blank

FEBRUARY 22, 2010

Startups that are searching for a business model need to keep score differently than large companies that are executing a known business model. Yet most entrepreneurs and their VC’s make startups use financial models and spreadsheets that actually hinder their success. Managing the Business. Here’s why.

Balance Sheet 300

Balance Sheet Startup Burn Rate Metrics 300

Hippoland

FEBRUARY 12, 2018

2) What is the business model and the potential unit economics? Certain investors tend to gravitate towards certain business models. At a high level, business is simple! :) You bring revenue in and your costs send money out the door. You want your revenue to be higher than your costs. Or in between?

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

2) What is the business model and the potential unit economics? Certain investors tend to gravitate towards certain business models. At a high level, business is simple! :) You bring revenue in and your costs send money out the door. You want your revenue to be higher than your costs. Or in between?

Seed Stage 48

Seed Stage Business Model B2B Email 48

Startup Professionals Musings

OCTOBER 1, 2012

The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business. Business model doesn’t make money. Even a non-profit has to generate revenue (or donations) to offset operating costs. Don’t quit your day job until new revenue is flowing.

Intellectual Property 274

Intellectual Property Entrepreneur Viral Early Stage 274

Startup Professionals Musings

MAY 31, 2014

These days, even viral marketing requires real money, for events and promotions. The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

AUGUST 5, 2018

These days, even viral marketing requires real money, for events and promotions. The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. The game has started getting some traction already, and has a good virality index.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

mashable.com

SEPTEMBER 14, 2011

Clearly Define Your Business Model While this may sound like a trivial task, young startups often have an exciting and innovative product, but no real plan for monetizing it. It’s critical to establish this component of your business before thinking seriously about growth. in place before you expand. All Rights Reserved.

France 77

France Marketing Social Media Startup 77

Gust

NOVEMBER 3, 2013

The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business. Business model doesn’t make money. Even a non-profit has to generate revenue (or donations) to offset operating costs. Don’t quit your day job until new revenue is flowing.

Intellectual Property 183

Intellectual Property Startup Viral Early Stage 183

View from Seed

APRIL 23, 2015

I believe this to be 100% true, and I know every partner at NextView feels the same way. Their business models are, in many cases, focused on outlier exits within the portfolio. This is doing right by both your company and your customers. This is important partly because of the very nature of pitching VCs.

Founder 120

Founder Distribution Viral Seed Stage 120

Startup Lessons Learned

JULY 15, 2020

That's why the Corona Initiative is a Public Benefit Corporation--a for-profit company dedicated to the public good that aims to fund its research with its revenues. I'm general partner at MarsBio VC and Director of The Corona Initiative. You're selling a consumable product, which is a great business model.

Technical Review 68

Technical Review Software Review Finance Technology 68

Up and Running

MAY 23, 2016

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. The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. The business model.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

MARCH 21, 2013

If you're working on the Sticky Engine of Growth , you're focused on very different metrics from those that you care about in the Viral Engine of Growth. The following table shows some examples of an OMTM based on stage and model: Many Mores The book goes into detail about how founders can move the needle a different stages of growth.

Analytics 167

Analytics Lean Metrics Churn Rate 167

Startup Professionals Musings

JULY 30, 2016

These days, even viral marketing requires real money, for events and promotions. The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk.

Elevator Pitch 120

Elevator Pitch Salary Angel Investor Viral 120

A Smart Bear: Startups and Marketing for Geeks

APRIL 9, 2013

We have to go into the world and convince others of the same thing–customers, investors, partners, employees and so on. It turns out that the cost of customer acquisition for consumers was too high compared to the revenue being generated. “In So we had to pivot [from consumer sales] to go after businesses.”

Lean 284

Lean Analytics Metrics Viral 284

betashop.com

OCTOBER 8, 2012

It has been awesome, flattering, and humbling to see that post went viral and has been seen by so many thousands of people — mainly aspiring entrepreneurs — and has been translated into many languages. million registered users, 7500 supplier partners, 600 team members, and a run-rate of more than $150M in sales in just 15 months.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Ben's Blog

MAY 30, 2013

It’s an honor, a privilege and so supremely awesome to announce that our newest General Partner is Lars Dalgaard. He founded and ran SuccessFactors and led them to $364 million in annual revenue ultimately resulting in a $3.5 from Copenhagen Business School, Denmark and an M.S. Lars is spectacularly qualified. He holds a B.A.

Denmark 78

Denmark Acquisition Viral Green 78

Cracking the Code

OCTOBER 10, 2008

Be prepared to cross the desert - SaaS requires R&D and sales expense up front for a multi-year stream of revenue, so it demands enough investment capital to fund 4+ years of runway. Farming is also often overlooked, but can help grow customer accounts and revenues from 30% upwards (if successful). Great list! Michael Kassing.

Software Review 48

Software Review North America Europe Metrics 48

mashable.com

NOVEMBER 3, 2010

Contact Us Submit News Contact Us Write for Us Spark of Genius Series Mashable | The Social Media Guide Business Mashable on Facebook Join Us! Mashable Mashable reached out to angels, seed stage investors and VC firm partners and asked them to share their wisdom with the rest of us.

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 24, 2011

So that means stuff like thinking about what a business model might be, it does mean customer development. Totally automate all that so it doesn’t bring me down all the time and instead I can sign all the revenue, because that’s fun. What’s the worst case? Patrick: How close did he get? Ryan: 50%, sort of.

Cofounder 208

Cofounder Technical Review Software Review Differentiation 208