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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities. The board raises a collective eyebrow.

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Having a simple background in sales and marketing , he came up with attractive employee benefits.

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Cold Emails: Can They Work, Or Are They Just Spam?

ConversionXL

A sales pitch on Twitter or Facebook has the potential to be seen by thousands of people, but anyone who isn’t checking their timeline right then will likely miss it. Sure, it may get the message opened—but it won’t get you any closer to a sale. As Jason Lemkin notes , “Senior folks are super -engaged with their inbox [.]

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Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

The implications for entrepreneurs is that each of these (market risk versus invention risk,) require radically different financing models, a different type of venture investor, different timing for hiring sales and marketing, etc. are much more differentiating than technology. Am I in a company with “invention risk?

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Valuations 101: The Dave Berkus Method

Gust

We recently started a series of posts on establishing the pre-money valuation of pre-revenue startup companies for purposes of investment by seed and startup investors. Dave Berkus is a founding member of the Tech Coast Angels in Southern California, a lecturer and educator. Product Rollout or Sales. Quality Management Team.

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I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). Optimization also helps you optimize ad sales if you’re doing pure advertising.

Mobile 282
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How To Grow Your Business Like A Weed

Duct Tape Marketing

His first book, How to Get a Meeting with Anyone, introduced the concept of Contact Marketing and was named one of the top 64 sales books of all time. Certainly one is a differentiator. Stu is a bestselling business author, marketer, and Wall Street Journal cartoonist. So there are beautiful. You call it an unfair advantage.