Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Technical Review 375

Technical Review Startup Dilution Early Stage 375

Startup Professionals Musings

SEPTEMBER 13, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Commit to a major customer.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. In his 17-year career, Rosenberg has developed key insights into the minds of CFOs and FP&A teams, with strengths in both customer-facing leadership and data analytics itself.

Hiring 136

Hiring Software Review Customer 136

The Startup Magazine

FEBRUARY 26, 2021

Not sure how to account or tax the website development costs? New product development business concept on device screen. Before you can start determining the tax treatment for your website development costs, you need to determine what you use your website for. Haven’t a clue how to answer those questions?

Web Development 118

Web Development Balance Sheet Cost Developer 118

Up and Running

SEPTEMBER 11, 2020

A $150 llama rental for a photoshoot, $250 for a bagpipe player at a customer picnic, $5,000 for an executive’s tires — these are just some of the most questionable things people have paid for or attempted to pay for, in the name of business. In fact, some of the biggest company expenses start off as cost-cutting measures.

Cost 150

Cost Technical Review Salary Social Media 150

Startup Professionals Musings

SEPTEMBER 16, 2023

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Building a minimum viable product, with customer validation. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

The Startup Magazine

MARCH 6, 2024

From a diverse workforce to huge investments in training and development, these giants have evolved as favourites among customers only because of long-term decision-making and setting clear goals and objectives to be achieved within a specific period. Strategic operations management in the electronic industry is not easy.

Operations 132

Operations Management Software Review Technical Review 132

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

JANUARY 22, 2023

In other parts of the world, innovators often need to develop both the ultimate product or service, as well as the enabling infrastructure that underpins it. Silicon Valley’s conventional model is to integrate local experienced engineering, product development, and marketing people for the big push.

Global 345

Global Silicon Valley Marketing Indonesia 345

Startup Professionals Musings

APRIL 23, 2017

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Customer 191

Customer Entrepreneur Technical Review Dilution 191

Startup Professionals Musings

NOVEMBER 28, 2020

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Building a minimum viable product, with customer validation. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

YoungUpstarts

MARCH 24, 2014

The same rule applies to product and app development. Launching a new product can be costly, but adding features to a successful existing product can be even more costly if the additions take away from your product’s unique focus. Do you want the product, or does your target market want the product?

Fractional CTO 228

Fractional CTO Product CTO Hire Merger 228

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Commit to a major customer.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

MARCH 21, 2021

For entrepreneurs, effective networking is required to find investors, partners, and customers. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention. Here are a few: Business networking. Investor negotiations.

Technical Review 333

Technical Review Startup Software Review Retention 333

YoungUpstarts

DECEMBER 7, 2017

Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Startup founders counting the days until break-even or actively seeking outside capital must focus on streamlining their development cycles. Focus on Your Minimum Viable Product.

Cost 100

Cost Developer Small Business Administration Marketing 100

Startup Professionals Musings

JANUARY 29, 2022

If your product is highly innovative, and speed to market is critical, you won’t get it right the first time anyway, no matter how cautiously you plan. These are the environments where you really need extended planning to ensure proper positioning before launching the product. But Lonnie L.

Marketing 302

Marketing Technical Review Cost Product Development 302

YoungUpstarts

AUGUST 2, 2016

New technologies emerge daily and bring ingenious products to the world. It’s generally accepted to praise developers and designers for bringing these products to life but there is usually someone else behind the concepts and ideas. Product managers should also understand the company’s goals. necessary product.

Management 100

Management Product Churn Rate Green 100

View from Seed

NOVEMBER 18, 2020

Airbnb convinced travelers to part with 100% of their booking cost up front and then they pay out the required amount to hosts when the stay actually occurs. The straight cost of revenue line is only ~25% of revenue implying a 75% gross margin, assuming you were looking at this in a simplistic revenue / COGS / gross profit manner.

North America 401

North America IPO Prospectus Europe 401

The Startup Magazine

MARCH 29, 2024

This is why I like to include customers in product development and testing. I also like to be close with customer service finding out how the product is working and what problems the customers have. This helps build a great product but it’s not the best product that wins. Try a lot of things.

Portugal 116

Portugal Entrepreneur Internet Advertising 116

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. We didnt think wed able to compete with that.

Product Development 88

Product Development Developer San Francisco Product 88

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Startup Professionals Musings

APRIL 27, 2019

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Technical Review 255

Technical Review Dilution Early Stage Product Development 255

ReadWriteStart

NOVEMBER 12, 2022

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. Investors can also be skittish, and winning new customers is not easy. It helps you to understand your customers better.

Startup 198

Startup Technical Review Ghana Guerilla 198

ConversionXL

JANUARY 18, 2022

Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. One neglected its positioning by failing to target the biggest pain point, and the other failed to build a brand that its customers could trust above the other major players.

Marketing 110

Marketing Product Audience Equity 110

YoungUpstarts

DECEMBER 21, 2015

Budgets are a tricky facet for any business owner however being one of the most critical aspects to the operations, productivity, profitability, and growth of a business. Every year, dynamic markets, the state of the economy, and consumer demands change the requirements of a business and the costs of operation.

Cost 100

Cost Technical Review Software Review Operations 100

Steve Blank

NOVEMBER 13, 2012

I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. But customers didn’t agree. I discovered my product was a “nice to have,” not a “must have,” and we shut the company down a year a later. ————-.

Japan 292

Japan Customer Development Developer Customer 292

VC Cafe

FEBRUARY 27, 2024

especially if the startup already has a product and revenue? Seed is about showing initial product market fit. Therefore, software startups (it depends of course) need less money than ever before to build an MVP and get to first customers. who’s talking to customers?)

Valuation 186

Valuation Software Review Generative AI Technical Review 186

The Next Web

DECEMBER 2, 2013

Could $100,000 and the right developer skills make you an overnight billionaire? How much does it really take to build a product like Twitter or Instagram? Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. But a good developer could make it quicker.”. 1) Twitter.

Cost 168

Cost San Francisco New York City Ruby 168

Startup Professionals Musings

MARCH 14, 2015

This term refers to the penchant to add just one more feature to the product or service before first delivery, just because you can. The result is a bloated first product which finally collapses under its own weight, or is too late and too expensive for the intended customer. Define milestones for cost review and sign-off.

Technical Review 120

Technical Review Product Software Review Database 120

Startup Professionals Musings

MAY 1, 2020

In other parts of the world, innovators often need to develop both the ultimate product or service, as well as the enabling infrastructure that underpins it. Silicon Valley’s conventional model is to integrate local experienced engineering, product development, and marketing people for the big push.

Silicon Valley 312

Silicon Valley Indonesia Venture Capital Global 312

YoungUpstarts

OCTOBER 10, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. Talented product developers. No one can truly understand your customers or genuinely share their interests unless she is a customer herself. Are you ready to grow your company? That’s right.

Customer 154

Customer Fractional CTO Canada Technical Review 154

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

YoungUpstarts

SEPTEMBER 12, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ The old paradigm works like this: Your company produces goods and services that help customers get a job done. In return, the customers pay you money. Facebook is the quintessential example.

Customer 168

Customer Social Media Retention Canada 168

Steve Blank

OCTOBER 26, 2020

Nand changed the culture of the JAIC, bringing in Silicon Valley tools for product development, product management and for the first time a culture that focused on UI/UX, MVPs and continuous integration and deployment. One product at a time wasn’t going to change the trajectory of the DOD. Nand Mulchandani.

Artificial Inteligence 388

Artificial Inteligence Fractional CTO Technology CTO 388

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Product Development 120

Product Development Developer Product Angel Investor 120

YoungUpstarts

JUNE 11, 2015

by Jeff Sauro, author of “ Customer Analytics For Dummies “. In a global economy that’s becoming more competitive each year, every customer (and customer’s opinion) counts. Every customer interaction counts. Certainly, every dollar spent on keeping customers happy and coming back counts.

Analytics 100

Analytics Customer Acquisition Metrics 100