Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. This is when metrics come into play. See Also: The Top 10 Tools for Tracking Your Web Metrics.

Revenue 60

Revenue Acquisition Channel Campaign 60

Up and Running

AUGUST 24, 2020

You’ve likely noticed a few of them as you’ve transitioned your team to working remotely or explored launching an eCommerce platform. For entrepreneurs looking to start a business or for established businesses looking to pivot their business model , you can use AI to build as-a-service operations. Marketplaces Like Upwork.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

ConversionXL

SEPTEMBER 9, 2021

Combining these goals and objectives will give you meaningful metrics to track. Objective Goal Metrics Grow the business Increase awareness and perceived value Followers, fans, shares, retweets, etc. Brand consistency can increase revenue by 33% , as it connotes familiarity and builds trust. six months, a year, two years)?

Social Media 142

Social Media Media Developer Marketing 142

ConversionXL

SEPTEMBER 10, 2018

Growth killer #2: Different goals and metrics. The second thing that holds companies back: departments and vendors trying to grow a huge array of different goals and metrics: The SEO team may want to improve rankings and search engine traffic; The email agency may be looking to increase subscribers; and.

Metrics 132

Metrics Campaign Channel Advertising 132

Up and Running

NOVEMBER 19, 2012

These days more than ever, as a business owner and entrepreneur, you need to innovate or die. Performance tracking to compare ACTUAL financial results with your planned financials and other key metrics. You also want to think about some other metrics to forecast, and then measure against actual results.

Lean 83

Lean Small Business Forecast Technical Review 83

crowdSPRING Blog

JANUARY 18, 2013

A VC: MBA Mondays: Revenue Models – Subscriptions – [link]. The 6 Marketing Metrics Your CEO Actually Cares About [Cheat Sheet] | Hubspot Blog - [link]. Lots of important lessons for entrepreneurs - [link]. 8 Major Mistakes Entrepreneurs Will Make In 2013 | Forbes – [link].

Social Media 94

Social Media Small Business Design Media 94

The Next Web

DECEMBER 12, 2013

In the era of mobile, social, and the sharing economy, we’re seeing the emergence of next-gen mobile-enabled marketplaces in every ecommerce category, from fashion ( Poshmark ), to health ( Brighter and HealthTap ), lodging ( Airbnb and HotelTonight ), transportation ( Uber and Lyft ), and real estate ( Zillow ).

Mobile 136

Mobile Silicon Valley Viral Technical Review 136

Up and Running

AUGUST 21, 2014

In this webinar, we take time to discuss the different metrics that startups—and established businesses—should be tracking. In terms of pre-purchase, traffic and content metrics. So I’m going to keep going here, “Pre-purchase, the traffic and content metrics.” All you can do is fix it going forward.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Startup Professionals Musings

JANUARY 6, 2021

Based on my experience advising new entrepreneurs as well as more mature businesses, I recommend the following strategies for building business momentum, while still optimizing the limited resources of every small business: Find more customers that like what you do best. Most ecommerce sites highlight this feature.

Technical Review 400

Technical Review Technical Cofounder Advisory Board Cofounder 400

Startup Professionals Musings

DECEMBER 30, 2016

Entrepreneurs don’t realize that Facebook spent over $100 million, before revenues from advertising turned cash positive. You need metrics to show dominant penetration of the relevant customer demographic, added value over existing media, and real customer testimonials of value. Anyone can do it.

New York City 158

New York City Kansas Advertising Cash Position 158

View from Seed

JUNE 16, 2015

I was recently asked to sit on panel with my fellow VC peers and some top entrepreneurs from the Boston tech community. Generally, my advice to entrepreneurs is to avoid these situations. Here are some top-line metrics that I think are worth shooting for: For marketplace businesses: $5M-$10M in annual GMV run rate.

Boston 120

Boston Syndicate Syndication eCommerce 120

Both Sides of the Table

MAY 19, 2018

A detailed financial model that shows your anticipated revenue, costs and profits (Income Statement) as well as your balance sheet and cashflow statements. Most entrepreneurs (and VCs raising from LPs) think this means progress. Kai taught me that the key metric to whether a sales process is going well is “engagement.”

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

VC Cafe

NOVEMBER 2, 2019

One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate? Investors look beyond top line metrics to assess other important factors. What should our MRR growth be?

B2C 141

B2C Technical Review Startup Retention 141

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Hearpreneur

AUGUST 5, 2020

We asked entrepreneurs and business owners about the industries that are ripe for disruption and here are the response; #1- The hemp extraction. It helped them to engage already existing customers with the brand and kept the revenues steady. Fintech is undoubtedly one of the biggest opportunities for entrepreneurs today.

Technical Review 157

Technical Review Software Review Entrepreneur China 157

Up and Running

DECEMBER 14, 2016

Bplans and Palo Alto Software are strong supporters of entrepreneurs and small business owners. There are metrics to review. We work with like-minded partners who also want to help your businesses succeed by providing the best tools and content for the job. Building a list and setting up email templates and campaigns takes time.

Email 60

Email Small Business Marketing Campaign 60

Version One Ventures

JULY 20, 2015

Our rule of thumb is that marketplaces at scale are valued at roughly 1x annualized GMV (typically about 6-8x annual revenue). Consensus estimate of approximately $270M for 2015 revenue. Etsy had a market cap of about $2.22B as of July 20, with a revenue multiple of 8.2 Our assumptions for this valuation: Scale: > $1b GMV.

Valuation 60

Valuation Early Stage IPO eCommerce 60

The Equity Kicker

OCTOBER 8, 2012

According to Paul most startups should look at revenue growth, but active users is a good proxy for companies that aren’t charging their customers (yet). Many of those milestones will be growth oriented, but they often centre on hitting round numbers – e.g. $10k or $100k per month in revenues or 1m active users. Sometimes not.

Silicon Valley 149

Silicon Valley IPO eCommerce Valuation 149

ConversionXL

MARCH 13, 2013

Traffic volume is a vanity metric. So I was a bit too caught up in vanity metrics like traffic volume and I was happy to say I was getting 10-15K visits a month but is that even good? Look I’m not going to tell you that vanity metrics are useless and you shouldn’t look at your traffic stats. What are vanity metrics?

Metrics 111

Metrics Analytics Aggregator Revenue 111

ConversionXL

JANUARY 18, 2022

It’s one of many ecommerce software platforms on the market but only the fifth most popular by market share. It’s also not the cheapest ecommerce platform: Squarespace plans start at $12 per month, Woocommerce has a completely free plan, and Shopify’s plans start at $30 per month. Take Shopify. Image source. Brand equity.

Equity 94

Equity Marketing Social Media Software Review 94

Startup Professionals Musings

NOVEMBER 24, 2017

In my role as advisor to small businesses, I often hear first-hand the challenges and failures of retail store owners who fear the advantages of online and feel the exodus to eCommerce, led by Amazon and Ebay. Measure your agility by putting metrics on change. Test new things and keep testing in your market for things that work.

Customer 130

Customer eCommerce Non-Compete Technical Review 130

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. At this stage, simply list your primary revenue streams and your key expenses. At this stage, simply list your primary revenue streams and your key expenses.

Software Review 74

Software Review Software Delaware Forecast 74

View from Seed

AUGUST 30, 2016

However, it’s home to some of the smartest entrepreneurs I’ve ever met, along with a long list of exceptional colleges and universities. These companies are all over the map: B2B, B2C, SaaS, ecommerce, healthcare, SMB-focused, enterprise-focused, etc. Building a network is not the same as building a SaaS or ecommerce company.

Social Media 185

Social Media B2B North America Media 185

Up and Running

MARCH 24, 2015

Every entrepreneur has heard of the Lean Startup methodology ; it’s a great way to prove demand with less time and money and to prevent building a product that no one will want. See Also The 7 Key Metrics Every Business Owner Should Monitor. Breakeven = Revenues – Variable Costs – Fixed Costs = 0. Your product.

New York City 60

New York City Web New York San Francisco 60

ConversionXL

JUNE 16, 2016

“Move fast and break things” has become a way of life , an ideal for aspiring entrepreneurs who just want to hustle all day, hustle all night like Gary Vaynerchuk. Here’s a look at pirate metrics (AARRR) as designed by Dave McClure of 500 Startups … Image Source. Revenue: Optimizing for actual money.

Framework 48

Framework Programming Metrics Engineer 48

Austin Startup

MARCH 26, 2019

25 questions that DTC entrepreneurs should ask themselves before scaling customer acquisition So you run a direct-to-consumer (DTC) brand. To help with that, I’ve created a non-exhaustive list of questions to serve as a lightweight reference sheet for any new DTC entrepreneur. What happens at 3X?

Technical Review 49

Technical Review Software Review China Acquisition 49

VC Cafe

JUNE 29, 2012

It created awesome companies, but the army doesn’t do ecommerce, or much mobile, which are now the biggest growth engines in startups. We don’t care about short term revenue. The challenges are many for Singaporean entrepreneurs: they tend to think very small and very local. They were sporadic.

Pakistan 113

Pakistan Community Bulgaria 113

The Next Web

DECEMBER 16, 2012

This approach is based on the belief that revenue matters most. It calculates value on the bases of revenue that the buyer can expect to earn from the site, taking into account the risks that are involved in operating it. Primary drivers include site revenue and site usage. The income approach. What drives value?

Valuation 128

Valuation NPV Net Present Value IRR 128

ConversionXL

MAY 17, 2017

One of the biggest things I’ve learned in my time here comes from Drew Sanocki’s ecommerce growth course … We get caught in tactical manoeuvre hell, where we look at all these tactical opportunities and get stressed out about optimizing this entire thing when it really only boils down to these three multipliers. .”

Analytics 128

Analytics PPC eCommerce Conversion 128

Up and Running

DECEMBER 9, 2014

Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. I’m the CEO of Executive Speaking Success and I’m a long-time entrepreneur. My name is John Bates.

Small Business 95

Small Business Finance Forecast Metrics 95

Austin Startup

MAY 29, 2019

As I mentioned at the beginning of this series/ebook, over the years I’ve noticed that I tend to frequently share certain Lucky7 posts with entrepreneurs we’ve backed , team members at data.world, or other startup investors I know. So I’m packaging the best of them up for you here in a new series called The Entrepreneur’s Essentials.

Networking 48

Networking Fractional CTO CTO Hire B2C 48