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. Customer support chasm.

Technical Review 375

Technical Review Startup Dilution Early Stage 375

The Startup Magazine

OCTOBER 11, 2021

What you need is a custom IT solution. This would be ideal for someone who is at the early stages of building their business and looking to stick to a limited budget. As it can be seen, Raspberry Pi would be of great use for business start-ups looking to develop their IT custom solutions. Vast Peripheral Support.

Software Review 167

Software Review Developer Technical Review Customer 167

Startup Professionals Musings

OCTOBER 16, 2022

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

OCTOBER 14, 2022

For early-stage startups, the goodwill component can easily exceed the size of all the financial elements together, or can just as easily mark a company with good financials as not investable. Research has confirmed that culture is a primary driver for financial performance, customer experience, and team productivity.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

APRIL 4, 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. Commit to a major customer. Set expectations accordingly.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

The Startup Magazine

MAY 3, 2024

Selecting the right technological tools and expert guidance during the formative phases of a startup can significantly influence its trajectory toward success. As a versatile ERP system, Microsoft Dynamics caters to a variety of business needs, supporting everything from sales management to customer interactions.

Early Stage 158

Early Stage Technical Review Software Review Operations 158

Steve Blank

OCTOBER 23, 2023

Reading how she moved in 2021 from CIA ops to a quantum technology company offered insightful career transition advice for those leaving her agency. At a large company, sales usually means someone else has done the broad shaping for a potential customer. Customer Success roles : This is akin to handling a source.

Government 234

Government Advisory Board Salary Sales Cycle 234

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. Customer support chasm.

Customer 191

Customer Entrepreneur Technical Review Dilution 191

The Startup Magazine

AUGUST 11, 2023

I will tell you brief details about seed stage funding, and deal sourcing on this page, so read the conclusion until the end. The following is a condensed explanation of seed funding: Seed money is a form of early-stage financing that new businesses receive from investors in exchange for a share of ownership in the company.

Seed Stage 146

Seed Stage Technical Review Early Stage Due Diligence 146

Both Sides of the Table

SEPTEMBER 15, 2022

Median valuations for early-stage valuations tripled from around $20m pre-money valuations to $60m with plenty of deals being prices above $100m. We could talk with customers, meet the entire management team, review financial plans, review customer purchasing cohorts, evaluate the competition, etc.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

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. Commit to a major customer. Solicit funds from friends and family.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Up and Running

OCTOBER 13, 2021

The world grows more impersonal by the day, and people crave being more than just another number in the customer queue. During the last few years, marketers have turned toward more personalized experiences to win customers over. How to use personalization to improve customer experience. What is personalized marketing?

Customer 118

Customer Marketing Artificial Inteligence Technical Review 118

The Startup Magazine

JUNE 1, 2023

As an early-stage company that just closed our seed round at $8.1 million at the end of last year, we’re laser-focused on fast growth without sacrificing customer experience. So what does an early-stage company do to avoid the doom and gloom plaguing the world of startups? That includes us.

Early Stage 138

Early Stage Los Angeles Silicon Valley Cofounder 138

Startup Professionals Musings

MAY 1, 2023

You need to find the skills or experience you don’t have in business, technology, or money. Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. So, the first question I usually get is what percent of the company or equity is that person worth?

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

Startup Professionals Musings

JANUARY 18, 2020

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

Startup Professionals Musings

JANUARY 15, 2020

For early-stage startups, the goodwill component can easily exceed the size of all the financial elements together, or can just as easily mark a company with good financials as not investable. Research has confirmed that culture is a primary driver for financial performance, customer experience, and team productivity.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

Startup Professionals Musings

OCTOBER 15, 2022

Message delivery must be customized for each investor. It takes more than one person to build a business, so the lone entrepreneur, without support from any visible team, advisors, partners, or potential customers, will not attract investors. Effective communication requires real listening, as well as talking.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

MAY 22, 2020

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Early stage burn rates over $50K per month, or a runway of less than six months may indicate an inefficient or desperate startup.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Startup Professionals Musings

AUGUST 9, 2020

You need to find the skills or experience you don’t have in business, technology, or money. Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. So the first question I usually get is what percent of the company or equity is that person worth?

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

Startup Professionals Musings

FEBRUARY 18, 2023

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Early stage burn rates over $50K per month, or a runway of less than six months may indicate an inefficient or desperate startup.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

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. Customer support chasm.

Technical Review 255

Technical Review Dilution Early Stage Product Development 255

Startup Professionals Musings

JUNE 30, 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. Commit to a major customer. Set expectations accordingly.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Both Sides of the Table

JULY 9, 2013

This is final part of a series that describes a sales methodology for technology companies or frankly many other types of companies, too. You know exactly when you want to sell to this customer and presumably it’s this quarter! Which customers to target: Elephants, Deer or Rabbits ? Unique Selling Proposition.

Customer 324

Customer PR Marketing Technical Review 324

Startup Professionals Musings

JANUARY 13, 2020

Message delivery must be customized for each investor. It takes more than one person to build a business, so the lone entrepreneur, without support from any visible team, advisors, partners, or potential customers, will not attract investors. Effective communication requires real listening, as well as talking.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

YoungUpstarts

JUNE 4, 2019

Product architecture – the collection of defining technologies, applications and features in your product – is one of the fundamentals critical to achieving traction. Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea.

Framework 127

Framework Architecture Cleveland Early Stage 127

YoungUpstarts

MAY 24, 2019

Product architecture – the collection of defining technologies, applications and features in your product – is one of the fundamentals critical to achieving traction. Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea.

Framework 113

Framework Architecture Cleveland Early Stage 113

Steve Blank

NOVEMBER 12, 2019

One of the unintended consequences was that many of the academics went off to found a wave of startups selling their technology to the military. Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. America’s adversaries understand this.

Government 313

Government Artificial Inteligence Silicon Valley North Korea 313

The Startup Magazine

SEPTEMBER 12, 2019

In exchange, founders agree to transition their company into a new phase that requires them to start catering to investors’ needs in addition to those of its customers and employees. While the rewards may be a boon to their company in the short term, the consequences of accepting outside funding too early can be debilitating.

Early Stage 87

Early Stage Venture Capital Bootstrapping Pre-Money Valuation 87

The Startup Magazine

JANUARY 26, 2022

Designing new hardware products that have a positive impact on customers is no small feat. There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market. These labs are ‘for profit’ centers and very expensive.

Design 160

Design Development Team Review Product Technical Review 160

YoungUpstarts

MARCH 4, 2020

Just as you’re solely responsible for the leadership of your busi­ness, a Necessity Entrepreneur also bears the responsibility of delivering products, services, and promises made to customers, employees, and family. Yet, especially in the early stages of your business, you will have to drive the whole of that process.

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

YoungUpstarts

AUGUST 26, 2020

Over half a million new businesses got started per month in 2018 alone, and the advanced technologies and resources of the modern era provide so many ways for new businesses to find success, connect with customers, and build their brands. Think about your target customers and what they’re looking for, then try to provide it.

Technical Review 259

Technical Review Early Stage Social Media Cost 259

Startup Professionals Musings

JULY 14, 2014

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. Commit to a major customer. Set expectations accordingly.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

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. Commit to a major customer. Set expectations accordingly.

Product Development 177

Product Development Cost Developer Product 177

View from Seed

SEPTEMBER 4, 2018

It occurred to me that although we mentioned our new thematic approach when we raised our last fund in 2017, we haven’t really shared a broader manifesto about how we are approaching the early stage market. It’s been an interesting several years in the early stage venture eco-system, and the sands have shifted considerably.

North America 120

North America Seed Stage Early Stage Lead Investor 120

Startup Professionals Musings

OCTOBER 2, 2023

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. If you need funding for these early stage activities, I have some suggestions on better strategies to follow. Technology pilots. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Steve Blank

AUGUST 29, 2011

After 50 years of technology entrepreneurship it’s still an art. Max and his partners had interviewed and analyzed over 650 early-stage Internet startups. In May they released the first Startup Genome Report — an in-depth analysis on what makes early-stage Internet startups successful. Happy birthday Max.

Software Review 298

Software Review Early Stage Technical Review Startup 298

Hearpreneur

OCTOBER 25, 2023

The expansion of e-commerce should also bring about seeing returns as a strategic lever, similar to how companies used faster delivery to drive customer experience and revenue. Think of it from the customer's perspective – Why should this customer shop from your store instead of the other stores selling this product?

eCommerce 132

eCommerce Omaha Entrepreneur SEO 132