Startup Professionals Musings

JUNE 21, 2020

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. Long-term stability requires revenue growth and profit. Both have worked. Traditionally, it was simple.

Revenue 434

Revenue Valuation Viral Retention 434

SoCal CTO

SEPTEMBER 27, 2011

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. Founders vs. Early Employees To help with this discussion, let me start with a definition of "early employee." I'll get to service providers in a later post. Which means n = (i - 1)/i.

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

Up and Running

JUNE 1, 2021

It’s even possible for many of them to be revenue-neutral or better. Here’s an explanation of what conditions make an employee benefit revenue-neutral and a look at the five best options for businesses in a post-pandemic hiring environment. What is a revenue-neutral benefit? Flexible working arrangements.

Revenue 150

Revenue Employee Small Business Matching 150

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

NOVEMBER 16, 2017

Even though US companies spent more than $70 billion last year on learning and development , this training stereotype is unfortunately the reality for many employees. And if you want employees to grow and improve, you have to motivate them. Why should an employee take this training? Make it learner-centric.

Employee 120

Employee Community Hosting Developer 120

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. We just announced a few more things.

Engineer 152

Engineer Revenue San Francisco Security 152

Duct Tape Marketing

DECEMBER 7, 2023

Building A People-Centric Culture: From Employees To Contributors written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Janstch In this episode of the Duct Tape Marketing Podcast, I interviewed Kai Anderson, a seasoned strategist and the leader of workforce transformation at Mercer.

Employee 78

Employee Europe Leadership Technical Review 78

Startup Professionals Musings

JUNE 23, 2021

Yet, as a business consultant, I often find minimal focus on improving employee engagement and assessing their customer-facing performance. For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees.

Customer 369

Customer Technical Review Metrics Employee 369

The Startup Magazine

DECEMBER 29, 2022

According to IBIS World, the revenues generated by the hotels and motels industry in 2022 have reached $258.1 Leveraging Revenue Management Solutions. Revenue management is the practice of managing the flow of revenue in and out of a business. Using a Scheduling Tool to Automate Employee Schedules. million in 2021.

Management 145

Management Software Review Revenue Cost 145

VC Cafe

OCTOBER 23, 2022

The CEO shared the revenue target for the year at X, and the revenue target for next year at 3X. One of the board members asked a simple question: “Why is revenue our North Star KPI? One of the board members asked a simple question: “Why is revenue our North Star KPI?”

Metrics 179

Metrics Revenue B2C Portfolio 179

Startup Professionals Musings

MAY 14, 2023

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. Use future cash for payments where possible. Think of these alternatives as paying interest on a loan, and manage them wisely.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

MAY 22, 2020

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Look for examples of similar companies and revenue multiples achieved from acquirers.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

YoungUpstarts

MAY 3, 2019

With your business growing, revenue flowing in, and your team beginning to expand, it makes sense to start looking to the horizon and sending your representatives out to spread the word about your small business. Expectations for employee conduct during travel. How can the employee make a claim?).

Employee 127

Employee Reputation Small Business Global 127

YoungUpstarts

MAY 26, 2022

A poor employee onboarding experience only promotes disconnection and disloyalty in the workplace, leading to an increase in staff turnover and hiring expenses, and a simultaneous decline in productivity and total revenue. The post Tips For The Best Employee Onboarding appeared first on Young Upstarts.

Employee 245

Employee Revenue Hiring Product 245

Startup Professionals Musings

JANUARY 6, 2021

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.

Technical Review 400

Technical Review Technical Cofounder Advisory Board Cofounder 400

YoungUpstarts

JUNE 16, 2016

Not only are you kicking it when it comes to revenue, you’re also savvy marketers with impressive do-it-yourself skills. Digging into the numbers, 70 percent of small business owners reported meeting or exceeding their Q1 2016 revenue targets. Get Ready Now To Crush It At Year-End.

Revenue 100

Revenue Small Business Social Media Technical Review 100

YoungUpstarts

JULY 6, 2022

Retaining top talent enables a company to attract more high-level performers, increase employee engagement, boost productivity and increase revenue. Rod Robertson shares some tips to business owners to improve their employee retention.

Retention 264

Retention Employee Revenue Product 264

Startup Professionals Musings

FEBRUARY 18, 2023

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Look for examples of similar companies and revenue multiples achieved from acquirers.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

The Startup Magazine

FEBRUARY 3, 2022

The fastest way to drastically improve efficiency and productivity at your facility is to make sure your employees work with top-notch equipment. Provide Thorough Employee Training. Another effective way to improve warehouse productivity and efficiency is to provide thorough employee training. Improve Employee Comfort.

Software Review 140

Software Review Product Technical Review Operations 140

Startup Professionals Musings

FEBRUARY 8, 2023

For the rest of us, here is my prioritized list of key strategies that I believe every business leader can benefit from as a starting point in making the current inflation economy less of a negative impact on their business, or maybe even a pleasantly surprising positive: Solicit follow-on revenue from existing customers.

Technical Review 239

Technical Review Revenue Social Media Cost 239

Startup Professionals Musings

OCTOBER 22, 2021

Generate revenue around the clock. Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees. Focus on recurring revenues. With a stable base of subscribers, this can mean a continuing revenue stream from newsletters, support, or advice on demand.

Technical Review 312

Technical Review Software Review Internet Revenue 312

Feld Thoughts

OCTOBER 28, 2011

While Jane was building SayAhh’s revenue projections , Dick focused his attention on building the expense side of the projections. It is simple in that it forecasts how much cash will be coming in the door (revenues + equity financing + debt financing) and then subtracts from that amount how much cash is expected to be going out the door.

Revenue 127

Revenue Balance Sheet Forecast Software Review 127

YoungUpstarts

MAY 13, 2013

by Christine Comaford, author of “ SmartTribes: How Teams Become Brilliant Together “ Most leaders know that command & control is dead and that fear doesn’t motivate employees. From time to time we all say or do things that spark unconscious fears in our employees. Why might a meeting scare your employees?

Employee 226

Employee Programming Management Revenue 226

Startup Professionals Musings

MAY 23, 2022

One 11-year study of over 200 companies over a decade ago, detailed in the book “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

Software Review 291

Software Review Offshore Entrepreneur Leadership 291

Berkonomics

JANUARY 12, 2023

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. The surprising recurring revenue trap. Legacy system recurring revenues. The enterprise value of recurring revenue-based companies.

Revenue 118

Revenue Cloud IPO .Net 118

The Startup Magazine

MARCH 6, 2024

Revenue generation can be increased and sped up using efficient strategic moves and policies. Legal Issues Handling: Companies that keep in mind the legal policies and devise operational strategies accordingly have fewer employee grievances and more workforce retention than companies inconsiderate of such regulations.

Operations 138

Operations Management Software Review Technical Review 138

The Startup Magazine

JULY 13, 2018

When employees are happy, their productivity is usually high. Employees who enjoy what they do are likely going to perform well in their duties as well as stay longer in the company. Therefore, the employer should invest in ways that will enhance the joy of employees in the workplace. Source: Pixabay.

Employee 62

Employee Product Software Review Software 62

Steve Blank

JANUARY 17, 2023

Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. The venture studio’s employees have already identified a product, market fit and early customers — meaning someone else has eliminated many of the early risks of a new venture.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

ReadWriteStart

DECEMBER 20, 2022

While employees are often inspired by success stories and case studies of triumphant innovation tales of large companies, the cost of not innovating is often overlooked. Sharing the stories of organizational failure due to a lack of enterprise innovation can create a sense of urgency in employees and make them understand the stakes.

Software Review 190

Software Review Application Development Technical Review Bankruptcy 190

Startup Professionals Musings

SEPTEMBER 16, 2023

Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Rounding out the team with employees and freelancers. Successful startup teams today have a mix of remote employees, freelancers, and contractors.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

YoungUpstarts

JUNE 24, 2015

The summer brings humidity, heat, vacations and the well-known fact that employee productivity decreases this time of year. This plunge in productivity has critical impacts on a business’s efficiency and revenues. Have an employee appreciation day. Robotic Process Automation softwares are the future employees.

Employee 100

Employee Software Review Technical Review Software 100

ReadWriteStart

DECEMBER 15, 2022

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. Over time, this revenue reduces the dependency on outside venture capital sources. Keep Employees Engaged When on The Bench.

Incubator 188

Incubator Startup Software Developers Software Development 188

YoungUpstarts

JANUARY 10, 2020

When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors). In many cases, this scenario is inevitable and difficult to prevent.

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

Up and Running

AUGUST 15, 2014

If you own your own business and find that you simply don’t have enough time on your hands to be able to do all the things you need to do, you may be asking yourself should you hire an employee? . If you’ve already got employees, your question will be similar, when is the right time to hire another employee?

Hiring 99

Hiring Employee Los Angeles SBA 99

Startup Professionals Musings

OCTOBER 16, 2022

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. For aspiring new entrepreneurs of any age, this is an opportunity for a win-win situation, with the proper mix of Boomers with Gen-X and Gen-Y employees and executives. Member of the Advisory Board.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Gregg Fraley, Author of Jack's Notebook

MAY 22, 2019

The Benefits of Innovation Training for Operational Employees. Why is it that organizations don’t invest in training operational employees? Don’t this large group of employees deserve a Brown Bag Innovation Training? It’s almost as if creativity from operational employees is actively discouraged.

Operations 54

Operations Employee Technical Review Agile 54

VC Cafe

FEBRUARY 27, 2024

especially if the startup already has a product and revenue? To reduce the impact of dilution, the expectation is that startup valuation should more or less double between the pre-seed to the seed, and seed to series A (ideally backed by reasonable traction/ revenue multiples). A founder asked me what makes a $2M round “pre-seed”?

Valuation 186

Valuation Software Review Generative AI Technical Review 186