Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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YoungUpstarts

JULY 29, 2013

by Meng Weng Wong, co-founder and social engineer at JFDI Asia. But they’ll sit up and pay attention when you talk about the customers and revenues of the business. Being accepted to JFDI is the beginning of your entrepreneurial journey, not some kind of goal. Some founders stay at hostels. That’s the competition.

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infochachkie.com

SEPTEMBER 24, 2011

For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage. He is a member of the University of California at Santa Barbaras Faculty where he teaches several entrepreneurial courses.

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Startup Lessons Learned

JANUARY 15, 2010

This whole framework breaks down when teams confront entrepreneurial situations in which theyre trying to build something new under conditions of extreme uncertainty. Usually, they are delivering only a fraction of the revenue they promised. Usually, they are delivering only a fraction of the revenue they promised.

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reidhoffman.org

NOVEMBER 12, 2013

This past May was the 10th anniversary of LinkedIn, and while reflecting on my entrepreneurial journey, I realized that no one gets to see the presentation decks for successful companies. we had no revenue. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue.

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infochachkie.com

DECEMBER 5, 2011

In all cases, these names were derived by the Founders, without the involvement of consultants, MBAs, focus groups, statistically valid surveys or other detriments to a startup’s ability to make quick, sound decisions. Jerry Yang and David Filo, Yahoo’s Founders, chose the name, as they considered themselves to be “Yahoos.”.When

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Startup Lessons Learned

DECEMBER 14, 2009

Now, Andrew’s excellent piece that I quoted from above correctly diagnoses two situations where consumer internet companies often get in trouble: They focus too much on short-term revenue, getting caught in a local maximum via constant optimization. Founders struggle with this question. Successful startups don’t.

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Reid Hoffman

JUNE 8, 2021

While many travel industry leaders chose to “go dark,” as Airbnb CEO and co-founder Brian Chesky put it , while they decided how to navigate next steps, Chesky took a different approach: He got candid. Today, we are thrilled to have Airbnb CEO and co-founder Brian Chesky with us. BC: Exactly, Reid.

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Reid Hoffman

JUNE 8, 2021

While many travel industry leaders chose to “go dark,” as Airbnb CEO and co-founder Brian Chesky put it , while they decided how to navigate next steps, Chesky took a different approach: He got candid. Today, we are thrilled to have Airbnb CEO and co-founder Brian Chesky with us. BC: Exactly, Reid.

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Silicon Valley Hosting Rhode Island Design 36

Startup Lessons Learned

JULY 9, 2009

We were focused on revenue, but we didnt understand that revenue is not important for its own sake in an early stage company. I turned down two opportunities to interview at Google in its pre-AdWords days. Almost all of them got scooped up by pre-IPO Google this time. Maybe, but the thought never even entered our minds.

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Startup Lessons Learned

SEPTEMBER 11, 2009

This single decision wound up costing the company significant revenue and over the course of several months sent its customer growth into decline. As a founder of a company, there is nothing more painful than to see your most loyal and devoted customers suffering. That is what company founders and staff do not get.

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