Remove CPA Remove Demand Remove Developer Remove Product Development
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

The spread between your LTV and blended CPA determines either your profitability or your rate of growth, and a high valuation depends on balancing these two factors. To the extent that you have good word-of-mouth, activation or retention, these factors tend to drive down your CPA or drive up your LTV, and so are nice bonuses.

article thumbnail

A Simpler Plan for Startups

Up and Running

Business advisors, experienced entrepreneurs, bankers, and investors generally agree that you should develop a business plan before you start a business. You might develop a fairly simple business plan first as you start a small business, and that might be enough for you. The planning process should help her understand her business.

Startup 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Beware The Consultant

infochachkie.com

Given all the demands on your time, the hours spent educating a consultant regarding your business are costly. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. John is a CPA and holds an M.B.A. from the Wharton School.

Equity 40
article thumbnail

Business ecology and the four customer currencies

Startup Lessons Learned

A great product enables customers, developers, partners, and even competitors to exchange their unique currencies in combinations that lead to financial success for the company that organizes them. We cultivated a passionate community that nurtured a skilled set of developers. Now consider a traditional media business.

Customer 156