article thumbnail

The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

article thumbnail

Entrepreneur Raef Hamaed On The Professional Impact Of Personal Growth

YoungUpstarts

Specializing in fertility and animal care in the pharmacy realm, Hamaed’s unwavering focus on patient education has allowed him to provide unprecedented customer service. In doing so, Hamaed formulated his strategy, focusing on providing unparalleled customer care, education, and advocacy in the niche and compound pharmacy industry.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Redeem Credit Card Bonuses?

The Startup Magazine

Most rewards programs allow you to redeem your points by calling customer service. If you are unsure of your point balance, you can also check with the customer service representative about the available rewards and how to cash them out. Some issuers offer tickets to concerts, while others offer gift cards to customers.

article thumbnail

Retirement and Redemption « Steve Blank

Steve Blank

Eighty some pages later I realized that a) I had some great war stories as a good marketeer and failed CEO, b) I’d have to pay my wife and kids to read them, c) the three of them were probably the entire total available market, and d) when I looked at what I had done and what other entrepreneurs had done at their startups, that there was a pattern.

article thumbnail

From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. I have been involved in many of these innovations, mainly through my last startup venture, a company that became the world’s leading provider of credit card loyalty solutions with bank customers in 30 countries.

article thumbnail

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

Founders can repurchase up to 90% of this ownership via monthly redemption payments starting 12-36 months after investment, determined based on gross revenues and lasting up to a 3x repayment. redemption, revenue share, etc.) By ‘structured exit’ we mean that investors can achieve liquidity without necessitating the sale of a company.

Equity 78
article thumbnail

How and Why You Should Validate Your App Idea Before You Build

Up and Running

The end user of the application was those who recycled, however, the recycling and reward redemption process required partnerships with recycling facilities, local businesses, and government agencies. It worked by enticing app users to recycle, which earned them points they could redeem for rewards from local businesses.