Startup Professionals Musings

SEPTEMBER 30, 2013

Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Only real results count. Attract a well-rounded team.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Hunter Walker

MARCH 2, 2018

” It’s shorthand for the concept than businesses which are primarily bits (not atoms) have some very attractive characteristics: fixed development costs, economies of scale in deployment & servicing, and “winner take most” markets with pricing power.

Software Review 92

Software Review Software Technical Review .Net 92

Both Sides of the Table

DECEMBER 19, 2011

In other words, our mobile devices are all powerful and the network that they connect into sucks. Social networking is peaking. Social media will be pervasive in the enterprise and is primarily driving by customer interactions. Web & Social Change the Landscape of the Web.

Web 355

Web AJAX Distribution HTML 355

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

Startup Professionals Musings

AUGUST 31, 2012

Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Only real results count. Attract a well-rounded team.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Both Sides of the Table

APRIL 4, 2011

The next step after measuring the customers you’re adding is to add the “cost to acquire” by channel. In the early phases if you can’t acquire customers cost effectively enough you’ll need to diagnose why and how to fix it. Make sure that you count the “true” cost to acquire customers. Revenue Metrics. lowering $1.50

Metrics 346

Metrics Startup Acquisition SEM 346

Startup Professionals Musings

JUNE 18, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

DECEMBER 17, 2022

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Marketing costs and time go up, and the growth curve flattens. Unfortunately, the mainstream customers who can really drive revenue care more about price.

Hockey Stick 265

Hockey Stick Guerilla Acquisition Startup 265

Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. Cost of Acquisition (CAC): The total cost of acquiring a user through a given channel.

Revenue 60

Revenue Acquisition Channel Campaign 60

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. But there are plenty of cost-saving, productivity and even hiring benefits that make remote work an attractive option. For example, in China, a taxi company discovered a new business area by using AI to monitor what people were saying on social networks.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Gust

AUGUST 24, 2014

The alternatives range from giving it away for free, to pricing based on costs, to charging what the market will bear (premium pricing). The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. Cost-based model. Value model. Subscription model.

Revenue 184

Revenue Startup Retention Internet 184

Startup Professionals Musings

JUNE 17, 2011

Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Only real results count. Attract a well-rounded team.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

YoungUpstarts

JULY 5, 2011

He later worked for eight years at the European Union commission helping to develop the cultural industry in Africa (cultural products being the main exports – and revenue – for poor African countries). Peer-To-Peer Referral Network. – to promote their campaigns.

Togo 222

Togo Africa Advisory Board Campaign 222

YoungUpstarts

OCTOBER 24, 2012

Instead, buyers are checking out product and service information in their own way, often through the Internet, their social network, or just plain word-of-mouth or customer reviews. It’s a myth that social networks and their technologies are creating new approaches to marketing. One is known as ‘Mr.

Marketing 234

Marketing Software Review Technical Review Social Network 234

Startup Professionals Musings

DECEMBER 8, 2021

Engaging in social media and blogging on a regular basis is a low-cost way to achieve visibility, and become the “go-to” person for that topic and the voice that people trust in your industry. Courting them with ongoing updates and special offers through their social networks is a natural way to keep their loyalty.

Social Media 355

Social Media Media Reputation Viral 355

VC Cafe

AUGUST 2, 2022

billion revenue in 2021 for Epic Games and was played by 83.3 billion revenue in 2021, a 107% increase year-on-year. billion revenue in 2021, the second year in a row it made over $1 billion. In April 2022, the company announced it has raised $2 billion (at $31.5 Fortnite generated $5.8 but still lost $2.8

IP 206

IP Cofounder Valuation Acquisition 206

The Startup Magazine

MAY 7, 2024

The social proof and validation received from having numerous tangible backers can also be priceless. Lastly, note that using free crowdfunding sites provides an excellent cost-effective solution compared to seed capital or personal loans with high-interest rates. However, it collects a transaction fee of 4.9%

Campaign 133

Campaign Seed Capital Social Network Global 133

Startup Professionals Musings

OCTOBER 30, 2010

Social networks. They became popular for socializing, but now are prime sources of business networking, customer service, and client leads. Rates per click are very low, so don’t try to live on ad revenues until visit rates are very high. Viral marketing costs real money, but is often worth it.

Internet 224

Internet SEM Wiki Entrepreneur 224

SoCal CTO

MARCH 5, 2007

However, Elgg could power 100,000 networks and it would make no difference - there is no revenue stream as we give everything away under a GPL license. Common revenue streams are consulting, training, support, customization, upgraded versions for corporate applications, etc.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

Both Sides of the Table

JULY 23, 2014

We’re all socially connected (so great businesses spread faster). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. Summary: Cheap, mobile, social, global, always-on, one-click-purchase =. Unprecedented revenue growth + companies staying private longer =.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Both Sides of the Table

DECEMBER 5, 2010

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking.

Social Network 318

Social Network Networking Internet Technical Review 318

Startup Professionals Musings

MARCH 20, 2020

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Marketing costs and time go up, and the growth curve flattens. Unfortunately, the mainstream customers who can really drive revenue care more about price.

Hockey Stick 307

Hockey Stick Guerilla Acquisition Revenue 307

Hearpreneur

JANUARY 30, 2022

Thanks to Adam Wood, Revenue Geeks ! #7- The traditional push marketing approach has given way to a new approach that entails engaging customers through social networking, blogs and video. In 2022, every business that adapted and survived the pandemic will realize the importance of increasing revenue through online sales.

Entrepreneur 123

Entrepreneur Green Technical Review Social Media 123

Startup Professionals Musings

MAY 22, 2010

Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar. Get a real customer and real revenue. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. Only real results count. Attract a well-rounded team.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Startup Professionals Musings

DECEMBER 13, 2021

Use networking, the Internet, and personal contacts to really understand the ‘how’ and ‘why’ behind related success stories. Don’t be afraid to contact insiders directly, reach out through social networking, and reserve some time each day to expand your insight until you understand their story.

Entrepreneur 339

Entrepreneur Stealth Social Network Business Plan 339

ReadWriteStart

OCTOBER 4, 2012

The dead startups honored were mobile social-networking company Addieu, mobile game and activity locator Get-a-Game and the late, seldom-lamented but often-derided Kozmo.com, which failed way back in 2001 but to this day is held up as the embodiment of dotcom-era foolhardiness. (The alcohol, not the bagpiper.)

Technical Cofounder 152

Technical Cofounder Cofounder Video New York City 152

This is going to be BIG.

NOVEMBER 26, 2012

The collaborative web arrived after the social web hit a tipping point. That is the very month that Facebook became the largest social network, outpacing MySpace. The overhead cost of running any kind of a business, given shared access to workspaces, machines, rapid prototyping, and SaaS software, has fallen off the table.

Web 149

Web Curation Open Source Demand 149

Startup Professionals Musings

NOVEMBER 4, 2011

Reserve the company name on social networks to protect it. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years. In today’s world, if you don’t have a web site up and running, you will not be perceived as a real company.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

JANUARY 5, 2022

Check your business network for a great co-founder or a great designer. Low cost infrastructure. Ad revenue is still down as companies right-size marketing budgets. Negotiate, or use social networks, which are virtually free. Notice the empty offices that are wasting away as you drive down the street?

Startup 258

Startup Cofounder Salary Advertising 258

Gust

JUNE 10, 2012

I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars.

Cost 139

Cost Burn Rate SEM Startup 139

ConversionXL

FEBRUARY 12, 2019

Overall acquisition costs for both B2C and B2B have gone up by 50% in the past five years. To offset these costs, you need to earn more repeat purchases from existing customers. That means better margins, more profitability, and cost-efficient scaling. Or you lowered shipping costs in a country and won new business.

Retention 126

Retention Analytics Campaign eCommerce 126

Steve Blank

MARCH 8, 2011

Agora’s selling points are its ability to reduce users’ IT infrastructure cost and enhance revenue for service providers. Veritas is making a low cost, residential wind turbine. JointBuy allows buyers to start a new deal on any available product and share the idea with others through existing social networking sites.

Lean 304

Lean Business Model Customer Development Guinea 304

ReadWriteStart

FEBRUARY 1, 2012

Our plan is to have seven figure revenues and be profitable by Q3, in addition to to seven new hires by end of the year," he says. Click With Me Now makes 1-click Web-sharing for consumers possible; with no cost, no downloads and no frustrations. They also signed Global eTelecom as a customer, one of U.S.'

St. Louis 118

St. Louis CTO Hire Fractional CTO Entrepreneur 118

Startup Professionals Musings

MAY 23, 2013

The alternatives range from giving it away for free, to pricing based on costs, to charging what the market will bear (premium pricing). The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. Cost-based model. Value model. Subscription model.

Product 290

Product Revenue Business Model Retention 290

ReadWriteStart

OCTOBER 4, 2012

The dead startups honored were mobile social-networking company Addieu, mobile game and activity locator Get-a-Game and the late, seldom-lamented but often-derided Kozmo.com, which failed way back in 2001 but to this day is held up as the embodiment of dotcom-era foolhardiness. (The alcohol, not the bagpiper.)

Technical Cofounder 96

Technical Cofounder Cofounder Video New York City 96

Austin Startup

APRIL 25, 2017

Revenue needs to grow 20x, and margins must expand dramatically. I won’t dive into cost structure in this blog post, but let’s think through how Snap could grow revenue 20x. I won’t dive into cost structure in this blog post, but let’s think through how Snap could grow revenue 20x. Let’s look at each figure.

Valuation 48

Valuation Technical Review Forecast Social Network 48

crowdSPRING Blog

OCTOBER 10, 2018

If you want to supercharge your marketing and accelerate growth and revenue, you’ll love this guide. Companies like Chatfuel target bigger, more enterprise-level customers (and as a result, are more complex to use and cost more). As a result, many marketers have moved their campaigns away from Facebook to other social platforms.

Marketing 87

Marketing Software Review Campaign Widget 87