Hunter Walker

JULY 22, 2014

I don’t believe the forecast you show me. You know the one that inevitably has you at $100 million in revenue by Year Three? Just* committing to grow customers or revenue or usage can still create a hollow company. But how to set a forecast? Bottom Up Forecasting. Top Down Forecasting.

Forecast 95

Forecast Early Stage Seed Stage Startup 95

VC Cafe

JANUARY 24, 2021

“It follows that the goal of forecasting is not to see what’s coming. It is to advance the interests of the forecaster and the forecaster’s tribe.” As a fan of prediction lists, I collected a number of interesting reports and expert forecasts for 2021 in the spaces we cover at Remagine Ventures. Fortnite alone made $1.8

Technical Review 207

Technical Review Audio Forecast Social Media 207

ReadWriteStart

JULY 7, 2023

” The SpeedyBrand platform employs generative artificial intelligence to produce custom content that is SEO-optimized for businesses. In addition, a report forecasts that the market for generative AI will be worth more than $110 billion by the year 2030. Q: What is the market potential for generative AI in marketing?

Generative AI 127

Generative AI SEO Artificial Inteligence Forecast 127

Steve Blank

FEBRUARY 13, 2024

The moment I saw the product I knew every one of my professional graphics customers (ad agencies, freelancers, photo studios, etc.) But every graphics professional did own a CDROM drive but most didn’t own a high-resolution film scanner – and PhotoCD would have been perfect for them – and the perfect launch customer.

Search 256

Search Marketing Forecast Burn Rate 256

VC Cafe

JULY 21, 2022

The global games and services market is forecast to reach $188 billion in 2022, a 1.2% forecasted decline year on year according to research from Ampere Analysis after two years of massive growth. Others like Peloton, also experimenting with adding gaming as an engagement mechanism with their customers. Over 3 billion.

Forecast 190

Forecast IP Mobile Acquisition 190

Steve Blank

AUGUST 23, 2010

At times I’ll do what I consider an extension of teaching; a two-day Customer Discovery/Validation intensive session with a large corporation serious about Customer Development at my ranch on the California Coast. We used what they learned to plan their next steps for additional Discovery, and ultimately Customer Validation.

Customer Development 235

Customer Development Developer Customer South America 235

Steve Blank

JUNE 23, 2020

As the economy reopens companies are finding that customers may have disappeared or that their spending behavior has changed. Revenue models and forecasts are no longer valid. This is the first step before you zoom in and design the business model, engage in focused customer development or test your minimal viable products.

Customer 436

Customer Marketing Customer Development Lean 436

Startup Professionals Musings

FEBRUARY 5, 2021

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

Forecast 369

Forecast Burn Rate Startup Widget 369

YoungUpstarts

AUGUST 14, 2015

Lenovo’s modest overall revenue growth in calendar 2Q15 – 3.1% billion – masks how sagging performance from its PC business wiped out the momentum Lenovo had generated since 2013 and has forced Lenovo to reset its profit and revenue growth expectations for its enterprise and mobile device businesses. year-to-year to $10.7 and Europe.

Revenue 100

Revenue Technical Review Lean Mobile 100

Up and Running

NOVEMBER 18, 2021

But when the chewing gum proved more popular, he pivoted his entire business to accommodate his customers. You’re losing customers. If you find customers are not returning, a pivot strategy could bring them back. It opened as a place where customers could buy coffee beans, tea, and spices to brew at home.

Forecast 84

Forecast Europe Small Business Demand 84

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 219

Customer Development Web Developer Customer 219

ReadWriteStart

APRIL 8, 2023

Customers will be even more comfortable with the introduction of voice commerce, another unicorn of the online shopping experience. Sustainability is the Queen In 2023, customers have become even more environmentally conscious, as recent statistics prove. million people and generate monthly revenue. Only in 2021, 72.9%

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Startup Professionals Musings

AUGUST 27, 2014

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Don’t rely on conservative forecasts to reduce risk.

Startup 283

Startup Forecast Stock Options Technical Review 283

Startup Professionals Musings

FEBRUARY 17, 2018

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Don’t rely on conservative forecasts to reduce risk.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

Up and Running

OCTOBER 23, 2020

To put it simply, plan vs actual is just the active review and adjustment of financial forecasts based on your real-world financial results. The illustration below shows a view of the sales forecast for a bicycle store. She forecasts sales by forecasting units, the average price per unit, and sales as the product of unit times price.

Management 117

Management Forecast Software Review Balance Sheet 117

Up and Running

MAY 10, 2021

In this article, we will talk about the trends and the cost of mobile app development with a forecast for 2021. According to the Payments Industry Intelligent report, by 2022, the forecast value for mobile payment apps will reach nearly $14 trillion. Your app may cost you money, but the revenue it generates may justify the budget.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Up and Running

SEPTEMBER 29, 2022

It can be the idea, the customers, the mission, the grind—whatever it is; there’s something that keeps you going. Sure, your friends and family say they love it, but that doesn’t guarantee that actual customers will. Take the time to conduct market research and identify your target customers. That’s completely fine.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

Up and Running

JUNE 9, 2020

Until your customers pay their invoices, you can’t pay your bills. So, if you’re doing a ton of business, but your customers are slow to pay on their invoices, you might still have cash flow problems. Forecast cash flow and manage that forecast carefully. But keep in mind that cash and profits aren’t the same things.

Forecast 114

Forecast Software Review Campaign Cash Position 114

Up and Running

APRIL 22, 2020

This does not mean that you need 2-3 years’ worth of documents showcasing your revenue and cost of goods sold, but you’ll likely need reports that show at least 12-months of financial activity. Revisit your forecasts. You should be revisiting your forecasts regularly even if you’re not applying for a loan. Risky industry.

SBA 139

SBA Forecast Software Review Business Plan 139

VC Cafe

AUGUST 30, 2023

The Information revealed that OpenAI passed the $1 billion revenue pace over the next 12 months, far ahead of its projections. billion quarterly revenue, driven by surging demand for its AI chips. But it’s not just large tech companies fighting for their share of cloud revenue – startups are entering the space quickly.

Generative AI 78

Generative AI ChatGPT Software Review API 78

Steve Blank

JULY 22, 2010

Customer Validation needs to have the CEO actively involved. Customer Development Diagnostics over Lunch. The board was getting nervous as the company was missing its revenue plan. The board was getting nervous as the company was missing its revenue plan. They had beta customers, using but not paying for the product.).

Forecast 270

Forecast Sales Customer Customer Development 270

YoungUpstarts

SEPTEMBER 4, 2016

Suppliers also have machinery and technology issues to contend with as they create customized products. Transportation partners play an enormous role in the supply chain as they bring products into distribution centers and sometimes directly to customers. trillion in profits due to cost-saving and increased revenues.

Management 122

Management Forecast Los Angeles San Francisco 122

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. Take delivery service apps like Instacart for example, that use AI analytics to garner insights about customers and their behavioral patterns. Revisit your business plan , forecasts, and company goals. The first stage in this crisis was survival.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Up and Running

NOVEMBER 6, 2020

There are common components in every business plan, but a SaaS (or subscription) business plan should have a special focus on customer acquisition (ie. For entrepreneurs who just want to dive in and start building something and solving customer problems, a business plan can seem like a waste of time. Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

The Startup Magazine

MARCH 24, 2024

It is a quantified metric that focuses on the speed of turning prospects into customers. Accelerating your B2B pipeline is about turning up its velocity so that it zips through stages and transforms prospects into paying customers briskly. The higher the velocity, the more predictable and scalable the revenue becomes.

B2B 128

B2B Forecast Entrepreneur Analytics 128

Duct Tape Marketing

NOVEMBER 2, 2023

With a focus on transforming raw data into actionable insights, Databox has carved out a niche for itself, offering unique solutions for businesses to visualize their metrics in a customized manner. The rising importance of predictive AI-driven analytics became clear, hinting at a future where forecasts will shape decisions.

Metrics 75

Metrics Analytics Forecast Software Review 75

View from Seed

SEPTEMBER 18, 2019

The point here is not to do a granular forecast of revenue or number of users/customers, but to put a stake in the ground so investors understand what you believe is achievable with X amount of resources given Y timeframe.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Up and Running

OCTOBER 16, 2019

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Your business plan is a great place to map how your sales and revenue goals fit with your expense budget.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Your business plan is a great place to map how your sales and revenue goals fit with your expense budget.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

SEPTEMBER 19, 2018

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. You provide extensive customer service and a variety of rewards options for customers. Key customers.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

Startup Professionals Musings

JANUARY 4, 2015

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120

Startup Professionals Musings

MARCH 4, 2016

Assume you already know what your customers need and want. Just because you love a new solution doesn’t mean your customers will love it. Before spending any money, make sure you interact directly with potential customers, industry experts and investors. Forecast revenue growth that defies business principles.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120

The Startup Magazine

JANUARY 27, 2022

Financial planning, forecasting, and budgeting are all necessary components of financial analysis, and understanding these aspects can give you a better overview of the state of your business. After all, good digital marketing campaigns are crucial for reaching a wider audience, beating your competition, and increasing your revenue.

Startup 109

Startup Australia Web Development Forecast 109

OnlyOnce

SEPTEMBER 8, 2022

Selling from a White Board means that you are essentially working with an interested potential customer on a custom and conceptual sale; selling from PowerPoint means that you are selling tailored solutions—you’re no longer at the discovery stage. You can find this post on the Bolster blog here ).

Revenue 62

Revenue Hiring Forecast Early Stage 62

Up and Running

JUNE 25, 2020

And while generating new business and growing your customer base is necessary to succeed, it doesn’t happen overnight. Know your customers. Knowing who your customers are and what they need is vital. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

Startup Professionals Musings

SEPTEMBER 9, 2015

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Don’t rely on conservative forecasts to reduce risk.

Forecast 120

Forecast Startup Stock Options Technical Review 120