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Is a Venture Studio Right for You?

Steve Blank

The studio’s internal team builds the minimal viable product, then validates an idea by finding product/market fit and early customers. If the idea passes a series of “Go/No Go” decisions based on milestones for customer discovery and validation, the studio recruits entrepreneurial founders to run and scale those startups.

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Common B2B Challenges and How To Solve Them

ConversionXL

Many customers think about the solution or service as a fancy add-on, but not as a part of operational processes. The next step in our research was talking to customers of our company Fullfunnel.io After analysing our case studies and CRM, we saw that 73% of total revenue came from these two segments.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? We could talk with customers, meet the entire management team, review financial plans, review customer purchasing cohorts, evaluate the competition, etc. By 2021 we had to write a $3.5m

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How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

I think it’s important for enterprise startups to layer in professional services into your revenue stream. deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs. Minimize Any Custom Work That Will Not Feed Back Into Your R&D.

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. “Customer Development” to test the hypotheses outside the building and. Teams talk to 10-15 customers a week and make a minimum of 100 customer visits.

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An Overview Of The SIP Trunk Definition And What It Takes To Sell

YoungUpstarts

The traditional Public Switched Telephone Network (PSTN), with its Analog lines, E1 ISDN BRI, or T1 lines, has begun to be replaced by IP telephone systems. Now, they buy a SIP trunk from an Internet Telephone Service Provider (ITSP), and it gets connected to a VoIP/IP PBX. Customer Service Provides More Revenue.

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Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy

Steve Blank

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) You can protect business processes, know how, customer information, product road map. Type of IP. _. customer lists, formula. _. . Or it can be your brand , logo or domain name. Examples. _.