Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Steve Blank

MARCH 16, 2016

To most founders a startup is not a job, but a calling. But startups require money upfront for product development and later to scale. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). (BTW,

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Liquidity Event Founder Liquidation Preference Private Equity 120

Startup Professionals Musings

SEPTEMBER 29, 2018

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Both Sides of the Table

MAY 27, 2013

In his tenure as CEO of DataSift we have never missed a monthly revenue figure. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Wallflower – yours truly.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit. After that, the money is used to maintain the company’s expansion.

Seed Stage 148

Seed Stage Technical Review Early Stage Due Diligence 148

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. Hiring = Sales. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. ” Fire, Ready, Aim. He just hired Meg Whitman. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

OCTOBER 5, 2014

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

YoungUpstarts

DECEMBER 7, 2017

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle.

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Cost Developer Small Business Administration Marketing 100

YoungUpstarts

MAY 23, 2018

Most startups do not fail because they had a bad idea that could not find a market, but rather because the founders and startup teams got overwhelmed or were missing key ingredients to success. Many founders or startup teams gravitate toward sales or design. Often, founders have an entrepreneurial mindset.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

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Customer Development Developer Customer Silicon Valley 243

Startup Professionals Musings

MARCH 4, 2016

The good news is that everyone expects entrepreneurs to make mistakes, since founders explore uncharted territory. In fact, investors recognize that founders usually learn more from mistakes than from success, so a well-explained startup failure can improve their odds of funding the next time around. Hire slow and fire fast.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120

Startup Professionals Musings

SEPTEMBER 14, 2016

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a new book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Rounding out the team with employees and freelancers.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Transformify

APRIL 12, 2020

Coronavirus pandemic had an unexpected side effect – organizations that were reluctant to adopt home office and remote work had no other choice than asking their employees to work from home. ‘’ No doubt, remote workers need to have equal rights as in-office employees. Classifying Remote Workers.

Bangladesh 98

Bangladesh Philippines Salary Cofounder 98

ConversionXL

MAY 27, 2022

Then they increased their revenue from $2M to $6M in six months. In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the sale cycle, and generates revenue. Your number one metric for any marketing initiative should be revenue. Like SEO, demand generation is a long game.

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Demand B2B Distribution Channel 124

Startup Professionals Musings

MAY 30, 2022

That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

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. 1x hacker in charge of product/development. 1x hipster working with both product and growth.

Revenue 60

Revenue Acquisition Channel Campaign 60

Duct Tape Marketing

APRIL 29, 2024

Paul is also a senior lecturer at the Massachusetts Institute of Technology in the MIT Sloan School of Management and the co-founder of Oceanworks. You could choose our system to move from vendor to trusted advisor, attract only ideal clients, and confidently present your strategies to build monthly recurring revenue.

Entrepreneur 52

Entrepreneur Cofounder Early Stage Artificial Inteligence 52

ConversionXL

JANUARY 18, 2022

Both brand marketing and product marketing are important to a well-built marketing strategy. Product marketing informs strategic positioning and ensures alignment across the company. Product marketers own a variety of marketing responsibilities, which can be roughly divided into two broad categories: pre-launch and post-launch.

Marketing 110

Marketing Product Audience Equity 110

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. At Red Branch, we stress that employees’ skills have distinct market values.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

techcrunch.com

OCTOBER 23, 2010

The number one question you all asked after reading my last blog post about starting a business from scratch was “how do I find my co-founders?&# And therein lies the problem in finding co-founders for that startup you’re dying to launch. Having trouble meeting folks you think would be good co-founders?

Cofounder 66

Cofounder Founder Silicon Valley Technical Cofounder 66

Transformify

MARCH 14, 2020

These days, due to coronavirus outbreak, many businesses have asked their employees to work from home. At the same time, the stock markets collapsed, and most businesses already report skyrocketing losses, unmet revenue targets and insufficient stock due to production slow down in China, India and the rest of the world.

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Hiring Bulgaria Italy Spain 98

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

ConversionXL

FEBRUARY 3, 2022

People had a terrible experience using their product. After turning their attention toward feedback and testing, letting the voice of their customers fuel their content strategy and product development, they took off. At launch, marketing is based on customer behavior related to the problem your product solves.

Product 102

Product Marketing Social Media Channel 102

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

No wait, I forgot, actually the question is: What happens when employee #2 makes off with your code and roadmap and marketing data and customer list, moves to Bolivia, and starts selling your stuff world-wide at one-tenth the price? But how does authority convert to revenue? The good news: There are good answers to these questions!

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

ReadWriteStart

JULY 12, 2023

CEO and co-founder of InvGate Ariel Gesto says the company will continue to expand this year. InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees. Products offered by the business consist of a help desk for employees, security compliance tools, and budgeting software.

United States 121

United States Management Mexico Artificial Inteligence 121

Transformify

JUNE 6, 2019

This means that employees and staff members are executing their duties, and additionally, they are keeping an eye on possible ways in which current processes can be further improved. Indirectly, it also helps employees and staff members feel that they are making worthwhile contributions. Continuous Process Improvement.

Lean 56

Lean Management Technical Review Software Review 56

Hearpreneur

JANUARY 7, 2022

This eventually creates animosity and is the worst type of employee to have. I never desired to be that employee, and hence chose to implement my own ideas and do things my own. Then they decided to fire all of the high-paid employees. My main goal is to ensure that my employees live up to this same standard, to serve others.

Entrepreneur 117

Entrepreneur Technical Review Software Review Non-Compete 117

David Teten

OCTOBER 1, 2015

On the other side of the equation, there are a growing number of design, development, and digital media shops who are hungry to expand, or swap focus, to building a company that’s more than just a service shop. The founders’ psychology is probably one of the most important contributors to success of the company.”.

Software Developers 60

Software Developers Software Development Software Developer 60

ConversionXL

JUNE 25, 2021

In this article, we’ll explain how to build a resilient product launch strategy that survives a non-linear journey. We’ll also share when to transition to the growth stage in the product lifecycle so you can drive conversions and revenue off your momentum. Maturity: The height of your product’s adoption and profitability.

Product 96

Product Social Media Audience Software Review 96

Hearpreneur

DECEMBER 24, 2017

As we continue to grow as a company, we will strive to remain a great place where our employees love to work. 15- Feature and interview by SCOOP Founder Phil Stoten. Recently we were featured and interviewed during Productronica 2017 by SCOOP Founder Phil Stoten. This year has been momentous for my company. environment.

Las Vegas 88

Las Vegas Entrepreneur Software Review Community 88

Austin Startup

FEBRUARY 7, 2019

They will initially generate crowdsourcing revenues by matchmaking science, technology, engineering and math (STEM) researchers with government, academia and industry employers who pay to access the scientists seeking employment. Knowbella founder Jason Barkeloo answered some questions about his company.

Intellectual Property 48

Intellectual Property Technical Review Malta Startup 48

Hearpreneur

DECEMBER 31, 2016

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 1 – Developing Software. Thanks to Chris Brantner, founder of CutCableToday.com ! #5 Goal #2: hire more employees. 5 – Win with Content.

Entrepreneur 71

Entrepreneur Software Review New Zealand Mobile 71

Startup Professionals Musings

SEPTEMBER 1, 2019

That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. Switch your attention from product development to sales.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

Hippoland

OCTOBER 9, 2016

revenue / traction / setting up infrastructure / etc) This can set you apart, because the vast majority of businesses I see at the seed stage are just ideas with no action. Demonstrate that you can pull the trigger on things quickly — whether it be getting customers, hiring / firing employees, or product development.

Seed Stage 48

Seed Stage CTO Hire Email Later Stage 48

mashable.com

JUNE 11, 2013

Perhaps the team is working on a product that really isnt that great or useful. Or maybe the co-founders have a poisonous relationship that will hinder the companys growth. Maybe they never thought about product-market fit. Check out the tips below from founders, CEOs and investors alike. Leave it in the comments.

Cofounder 111

Cofounder Technical Review Startup Software Review 111