Cofounder Customer Montana 
YoungUpstarts
FEBRUARY 20, 2015
Neil Blumenthal , the youthful cofounder of Warby Parker, a disruptive company that transformed the conservative eyewear industry by creating affordable, stylish glasses for people across the world, defined a startup as “ a company working to solve a problem where the solution is not obvious and success is not guaranteed. “
Hearpreneur
NOVEMBER 27, 2022
I lived in Düsseldorf for some time, and there I came up with the company name idea: “one (idea) for one (client)”, “each custom product for each client”, and “one and only solution for each business partner. Butte, Montana was a copper mining town. We picked up this name because I, as the founder, consider myself a nerd.
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Up and Running
MAY 10, 2017
Just a few weeks after we finished the website, this business had paying customers coming from Google search and free Craigslist postings. Writing up a contract is especially important if you’re working with co-founders. Keep your customers close. See Also: Creating a Business Partnership Agreement.
David Teten
AUGUST 19, 2019
RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. ARR of $500K+. Decathlon Capital.
Hearpreneur
JANUARY 7, 2017
I’ve built a loyal customer base and by selling directly through image consultants, stylists, at shows and on my website I am able to give my clients top quality at almost wholesale affordable prices. (I I am the founder/coach of Never Settle Coaching, LLC a coaching business. I wish I had done this years ago. I was mostly just doing.
Ben's Blog
AUGUST 17, 2020
OH in South Park, San Francisco (or on Zoom from Big Sky, Montana): “OMG, crazy – that firm just paid 100x revenue to invest in [insert hot startup here] – what could they be thinking?” Here’s an example: Solid Software Co.currently trades at 8x forward revenue, ~1/3 of the ~24x multiple that Incredible Software Co.
Hearpreneur
JANUARY 29, 2017
This is my favorite business quote because it removes all external factors and focuses on the most important one for launching a business — the founder. The company’s success is a determinant of the founder. For most consumer purchases there are well-known sites designed for customer reviews and research.
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