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How To Survive The Loss Of A Main Customer

YoungUpstarts

In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). Failure to focus on customer retention, for example, is a surefire way to brush aside the frustrations of existing customers. In many cases, this scenario is inevitable and difficult to prevent.

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The Most Effective Early-Stage Growth Strategies for Emerging Businesses

ReadWriteStart

Still, you need to find some way to pull your company out of this early-stage quicksand. First, we need to address the core challenges of developing effective early-stage growth strategies for new businesses. The Prioritization of Customer Retention. Boost Customer Retention. You need to find a balance.

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The Acquihire Market for Early Stage Startups is Ice Cold. One Better Strategy? Announce You’re For Sale.

Hunter Walker

Especially in the early days of mobile/iOS engineering, if you hired strong technical talent into your early stage company, you basically created an acquisition outcome floor. .” Yes, this was the ‘fallback plan’ for many team in the web2 era and they weren’t wrong.

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The Biggest Barriers Keeping Your Startup From Seeing Its Full Potential

ReadWriteStart

While there’s nothing inherently wrong with this approach, and you do need customer acquisition to help your company grow, it often neglects an important counterpoint: customer retention. . Customer retention is the practice of ensuring that your current customers stay with your brand and/or continue buying from you in the future.

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Common Employee Performance Management Challenges and How to Fix Them

Up and Running

Remember that company values shape the workplace culture, make sure to establish them early on and clearly communicate them. Career development and career progression are big drivers of employee retention. Creating a clear salary band structure early on is critical, so that startups can avoid problems as the company begins to scale.

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Which Fundraising Round Should You Skip?

View from Seed

Hopefully, by bringing on strong partners early, you will get great advice and support to minimize your overall dilution down the road. They find weak pre-seed investors or angels who are almost predatory in their early stage pricing and add no value. Experienced founders: Consumer.

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Why The Haters are Wrong About Growth Hacking

Both Sides of the Table

” Sean is somebody widely respected in Silicon Valley (although he now lives in SoCal) for having helped many early-stage companies go through major growth periods by quantitatively testing features with audiences to help diagnose what led to growth. Growth hacking is a mentality that a company needs to be committed to.