Startup Professionals Musings

OCTOBER 30, 2020

Get support from credible industry groups and partners. Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. Take advantage of low-cost modern tools and automation. Develop a product line and add alternate channels.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

OCTOBER 6, 2023

Visit reference customers, partners, and vendors. Sales and distribution channel activity will be analyzed, as well as cost of customer acquisition, to make an independent assessment of your financial projections. Use this opportunity to validate their satisfaction and support for your company and your solution.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Steve Blank

APRIL 21, 2011

This week they were testing their hypotheses about the sales “Channel” – how a company delivers its value proposition (i.e. There are two major channels: physical channels and virtual (web/mobile) channels. Virtual channels include Dedicated e-commerce, Two-step e-distribution and Aggregators. Next was D.C.

Channel 231

Channel Artificial Inteligence San Francisco Business Model 231

Startup Professionals Musings

FEBRUARY 15, 2021

Capitalize on shared costs and common distribution. Similar companies, even though competitors, usually face economies of scale and overlapping distribution channels. This approach has been used for years, and implies very little risk, but many startups are still “too busy” to pursuing possible partners.

Partner 434

Partner Non-disclosure Agreement Intellectual Property Non-Compete 434

Startup Professionals Musings

FEBRUARY 8, 2023

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. I see it as an opportunity to find new ways to attract customers , make long-needed changes to improve productivity, and lower your own costs of doing business.

Technical Review 239

Technical Review Revenue Social Media Cost 239

Startup Professionals Musings

JANUARY 24, 2021

Visit reference customers, partners, and vendors. Sales and distribution channel activity will be analyzed, as well as cost of customer acquisition, to make an independent assessment of your financial projections. Use this opportunity to validate their satisfaction and support for your company and your solution.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

NOVEMBER 17, 2014

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Since you can predict that your first iteration will somehow miss the mark, speed and cost of pivoting are critical. Find customers, partners and channels early.

Agile 253

Agile Startup Social Network Software Developers 253

Steve Blank

JUNE 26, 2014

Next we teach Distribution Channels (how are you going to sell the product) and Customer Relationships (how do you Get/Keep/Grow customers) and Revenue Streams (what’s the Revenue Model strategy and pricing tactics.) Finally we move to the left side of the canvas to teach the supporting elements of Resources, Partners, Activities and Costs.

Intellectual Property 286

Intellectual Property Lean IP Open Source 286

The Startup Magazine

SEPTEMBER 11, 2023

Distinguishing Task Priorities At the heart of cost-effective outsourcing for startups lies the ability to discern between essential and non-essential tasks. Whether it’s outsourcing sales activities or IT support, the cost structures can vary significantly. It’s not just about cost-cutting.

Cost 167

Cost Startup Non-Compete Dilution 167

TechEmpower

NOVEMBER 13, 2023

That blurb, and the following examples, were all generated from GPT in only a few seconds, at a cost of less than one penny. Every day, I channel my enthusiasm into creating exciting and engaging math lessons, leveraging my wealth of experience to motivate my students. I'm Mark, a dedicated math teacher hailing from Houston.

Generative AI 295

Generative AI Artificial Inteligence Houston America 295

Startup Professionals Musings

JUNE 9, 2013

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Since you can predict that your first iteration will somehow miss the mark, speed and cost of pivoting are critical. Find customers, partners and channels early.

Agile 263

Agile Startup Social Network Software Developers 263

YoungUpstarts

AUGUST 11, 2020

Amidst the outbreak, governments across the region, such as Singapore have been promoting the use of digital finance as a means to minimise physical contact and stamp the spread of the virus, channelling more monetary support for the growth of e-payments and digital financial solutions.

Asia 290

Asia Technical Review Technology Singapore 290

Startup Professionals Musings

APRIL 11, 2022

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Steve Blank

JUNE 27, 2017

If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Existing companies also use network effects of monopolies/duopolies, distribution channel kickbacks, etc., to stifle competition.). What can a company do?

Startup 297

Startup New York City Valuation Distribution 297

Startup Professionals Musings

MAY 12, 2012

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Find customers, partners and channels early. It won’t cost you your whole funding pot to start some momentum, or to realize that your original strategy needs major tuning.

Agile 230

Agile Entrepreneur Social Network Software Developers 230

Both Sides of the Table

MARCH 19, 2013

Channel Partners Not Yet Formed. I wrote about that extensively in “ the fallacy of channel partners.” ” When you’re bigger channels play a very important role. It’s Profitable Revenue Covering Your Fixed Costs. Professional services + systems integration = lower churn.

Technical Review 403

Technical Review Software Review Startup API 403

Gust

NOVEMBER 9, 2014

In today’s fast moving marketplace, needs, competitors, and costs change rapidly, so even if you were right, two years later the wave has moved on. Since you can predict that your first iteration will somehow miss the mark, speed and cost of pivoting are critical. Find customers, partners and channels early.

Agile 163

Agile Startup Lean Social Network 163

The Startup Magazine

FEBRUARY 21, 2024

The most poignant of these challenges was the quest for capital partners, which was not just about securing capital but about finding collaborators who were willing to believe in the vision and commit to the long-term journey. Simultaneously, we conducted a thorough operational review to identify inefficiencies and areas for cost reduction.

Technical Review 158

Technical Review Due Diligence Bankruptcy Intellectual Property 158

ConversionXL

FEBRUARY 3, 2022

Channel-level expertise: An understanding of how the channels work (e.g., Where Airbnb recognized the value in another platform, Dropbox doubled down on the strength of its product as a distribution channel. Use this information to identify the channels to reach customers and the type of content that they’ll relate to.

Retention 113

Retention Marketing Acquisition Channel 113

ConversionXL

FEBRUARY 10, 2021

Having an online presence alongside a physical store alone isn’t enough: your channels need to work together to build a holistic experience. Omnichannel retailing is a fully-integrated approach to commerce, providing shoppers a unified experience across all channels or touchpoints. Brian Berger. A focus on local.

eCommerce 155

eCommerce Cofounder Community Channel 155

Duct Tape Marketing

JULY 8, 2021

9:17] If I’m listening to this show and I’m particularly trying to hire, or at least get my name in front of potential candidates, are you finding a channel that seems to be most effective for getting on people’s radars? [11:00] This episode of the Duct Tape Marketing Podcast is brought to you by Wix Partners.

Software Review 101

Software Review Partner Hiring Channel 101

Steve Blank

SEPTEMBER 16, 2014

Activities define the unique expertise your company needs to deliver the value proposition, customers, channels, customer relationships and/or revenue. (If The answer to that question is what goes in the “Resources” box on the canvas (and if third parties outside your company are going to provide it, in the Partners box.).

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Startup Killer: the Cost of Customer Acquisition In the many thousands of articles advising entrepreneurs on what they have to focus on to build successful startups, much has been written about three key factors: team, product and market, with particular focus on the importance of product/market fit.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Steve Blank

SEPTEMBER 5, 2018

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Companies struggle to compete while reconfiguring legacy distribution channels, pricing models and supply chains. The result?

Lean 335

Lean Burn Rate Startup IPO 335

View from Seed

SEPTEMBER 12, 2017

The old brands and distribution channels are dead or dying. What’s looking likely is that instead of physical stores and ecommerce being distinct, separate channels, we will see increasingly tight integration between the digital and physical experience of a brand or retailer — and new forms of retail experiences altogether.

Internet 209

Internet eCommerce Bankruptcy Technical Review 209

Startup Professionals Musings

FEBRUARY 15, 2023

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. Likewise, too many volunteers and interns will only increase your workload and rework costs. Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Berkonomics

OCTOBER 20, 2016

I gave them a speed lesson on how the newspaper business can build a new river of cash through channel partnerships. A Channel partner is a person or a company with a complementary service, who is knocking on the same doors as you, and who is connected. Good Channel partners are hunters with a “protein–rich” diet of connections.

Channel 48

Channel Partner United States Chicago 48

Up and Running

JANUARY 27, 2021

The more software you can introduce to streamline processes and cut back on people costs, the better. This unique vacation rental software allows you to: Handle bookings Management multiple properties Build a website Sync third-party booking channels Process payments. But, those that are will be in this article. .

Software Review 79

Software Review Software Technical Review Social Media 79

ConversionXL

OCTOBER 4, 2022

Your ecommerce marketing strategy is the blueprint and high-level vision that guides how you’ll interact with prospects, the channels you’ll use to reach them, and the messaging you’ll develop to communicate benefits and build your brand. Prioritize marketing channels based on customer feedback. How often do you check your email inbox?

eCommerce 129

eCommerce Marketing Social Media Retention 129

YoungUpstarts

MAY 29, 2019

Yes, change is daunting, but the right change, partnered with experience of credible suppliers and partners, can help unlock the potential of mobile apps. Focus on the Benefits Instead of Cost. Cost should only matter when it comes to calculating ROI. Cost Saving by Automation.

Mobile 127

Mobile Retention IP Metrics 127

YoungUpstarts

JANUARY 31, 2018

Having a virtual office reduces the limiting overhead costs associated with starting and running a business, including rent and equipment. If you have a business partner or other employees in your organization, this ensures that the right person is getting reached and that client calls aren’t being missed because someone is busy.

Technical Review 173

Technical Review Database Security Social Media 173

Hearpreneur

NOVEMBER 2, 2022

One notable change on the horizon for my business is the use of LED walls in exhibits, which is growing more prevalent as the technology has become more reliable and the cost has decreased. Our focus on digital channels like email and SMS has made it simple for us to engage customers and prioritize their needs. Photo Credit: Guy Hadas.

Technical Review 106

Technical Review Software Review Artificial Inteligence Technology 106

YoungUpstarts

AUGUST 28, 2020

To get you moving in the right direction, why not think about partnering with an eCommerce & Amazon Marketing Agency. Some of the common reasons it happens are high shipping costs; the customer has to create an account and trust with payment details. Email marketing is one of the most effective marketing channels for conversions.

eCommerce 264

eCommerce Sales Software Review Social Media 264

YoungUpstarts

AUGUST 21, 2020

For a 30-year-old customer with an expected lifespan of 70 years, there might be a premium that spreads out the company’s risk and the consumer’s cost over a longer timeframe. The bottom line: The cost of life insurance should trend downward, but the cost of long-term care insurance may go up. Holistic Planning.

Technical Review 244

Technical Review SEC Affiliate Technology 244

Startup Professionals Musings

JANUARY 14, 2023

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Steve Blank

APRIL 23, 2014

Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation.

Acquisition 333

Acquisition Intellectual Property Silicon Valley Startup 333

Women Entrepreneurs Can

MARCH 13, 2024

Increased Revenue Loyalty programs directly impact revenue, but they also help decrease customer acquisition costs. Promote your loyalty program on all your channels – including social media, email, and in-restaurant. This allows the restaurant to personalize offers like free birthday rewards and exclusive events for loyal customers.

Programming 52

Programming Retention Software Review Social Media 52