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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue). You have a large number of startup customers (because when markets crash they have a funny way of going bankrupt quickly or cutting burn precipitously).

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Both of which are expensive and time-consuming. Crowdfunding.

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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

New investors hate down rounds. customers who paid for services often get burned. I’m looking for ones that understand that in order to build huge, meaningful companies they’ll need to likely build through these boom years and some lean ones. If you are interested the Vimeo is here. That’s a fact.

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Twitter Link Roundup #178 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Building Loyalty The Lady Gaga Way: Focus On 1% Of Your Customers | Forbes – [link]. How a 1-Page Business Model Will – and Won’t–Help Your Lean Startup | by Kevin Dewalt – [link]. Building Loyalty The Lady Gaga Way: Focus On 1% Of Your Customers | Forbes – [link]. ” – [link]. ” [link].

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Premature scaling at Series B

The Equity Kicker

You fall into the spiral of death: head of sales gets replaced (at least once), CEO gets replaced (at least once), a down-round financing happens (if lucky). As we’ve written before, sometimes it just takes time to find product/market fit, or climb the sales learning curve.

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People-First Capitalism

Reid Hoffman

We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. And then how would you prompt other entrepreneurial leaders to think more broadly about stakeholders than even just investors, employees, customers, which tends to be the typical trifecta? BC: Exactly, Reid.