Remove Dilution Remove Retention Remove Revenue Remove Sales
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30 Entrepreneurs Reveal the Pivots They See Businesses Making in 2022

Hearpreneur

Face-to-face engagement is important, especially at vital points in the sales cycle or while creating relationships. Companies offer incentives such as signing and retention bonuses as well as unique job perks and flexible scheduling. Thanks to Adam Wood, Revenue Geeks ! #7- 21- Make more money from sales.

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Kung Fu

A Smart Bear: Startups and Marketing for Geeks

Instead, watch payback period for acquisition efficiency, watch retention for product/market fit, watch expansion revenue for long-term growth, and watch gross margin for long-term profitability. Find and focus on one reliable distribution mechanism before diluting your time diversifying. Sales” is not a dirty word.

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Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. The Nature of Revenue Matters Of course revenue alone won’t tell you enough.

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A VC: Employee Equity: How Much?

www.avc.com

The other important data point is the number of fully diluted shares. The first bracket is the senior management team; the CFO, Chief Revenue Officer/VP Sales, Chief Marketing Officer/VP Marketing, Chief Product Officer/VP Product, CTO, VP Eng, Chief People Officer/VP HR, General Counsel, and anyone else on the senior team.

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In 2017, GE Will Buy More Tech Startups Than Google

Hunter Walker

The total value of these deals might look higher than when a tech company makes an acquihire but the premium tends to go to retention rather than the cap table (especially since (a) the acquirer might not be seen as an ‘attractive’ place to work and (b) there’s assumption of less equity upside post-acquisition).

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Ted Rheingold Founded Dogster in 2004: Five Questions About Building a Startup, Selling a Startup and Whether SF Is Still a Good Place

Hunter Walker

I wish I could claim I deftly foresaw this, but I was just seeking recurring revenue to to cover OneMatchFire’s office expenses. By the end of 2004 I had brought on two co-founders: John Vars – who is now the Chief Product Office at TaskRabbit, and Steven Reading took over Sales and Revenue.

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Chief Customer Officers Boost Customer Engagement

Guy Nirpaz

Dedicating an executive on your team to customer success can significantly boost customer engagement, increase customer retention and ultimately grow customer lifetime value. A customer success team with more power than sales: now that is a world I would like to live in! We have given the Jeanne Bliss book to several of our clients.