David Teten

AUGUST 19, 2019

Does the traditional VC financing model make sense for all companies? A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. So what is Revenue Based Investing? Absolutely not. Structured as a loan.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Hearpreneur

JANUARY 19, 2022

We asked entrepreneurs and business owners about the pivot they are making as a result of the pandemic and here are the responses: #1- Social media marketing. Although our in-person services were put on hold, our eCommerce products, including virtual services tripled in revenue. 11- Paying attention to metrics.

Entrepreneur 116

Entrepreneur Metrics Technical Review North America 116

Startup Lessons Learned

DECEMBER 23, 2009

Lessons Learned by Eric Ries Wednesday, December 23, 2009 Why vanity metrics are dangerous In a previous post, I defined two kinds of metrics: vanity metrics and actionable metrics. In this post, Id like to talk about the perils of vanity metrics. My personal favorite vanity metrics is "hits."

Metrics 167

Metrics San Francisco Lean Continuous Deployment 167

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. “Too Of the Inc. 5000 companies, only 6.5% raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Up and Running

SEPTEMBER 29, 2022

Not to mention the mental and emotional impact of being an entrepreneur. While you may be enamored with becoming an entrepreneur and bootstrapping your business, don’t quit your day job. According to a report from the Harvard Business Review , entrepreneurs who plan are 16% more likely to achieve viability. Track finances early.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Managing business growth is more than metrics.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

YoungUpstarts

JUNE 4, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. Revenue Architecture.

Framework 127

Framework Architecture Cleveland Early Stage 127

ReadWriteStart

JULY 7, 2021

Why is an Uber for courier app a viable business idea for entrepreneurs? The entrepreneurs can reduce their operational costs significantly – by utilizing advanced technologies like autonomous vehicles, drones, and robots for courier delivery. How can entrepreneurs launch their courier delivery business with resounding success?

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

YoungUpstarts

MAY 24, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Most early stage startups tend to do well in this area because entrepreneurs generally launch their startups believing they have a great product idea. Revenue Architecture.

Framework 113

Framework Architecture Cleveland Early Stage 113

Hearpreneur

JANUARY 4, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. 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. 19- Metric accountability. 1- Recruit female executives recruitment.

Entrepreneur 119

Entrepreneur Social Media Vertical SEO 119

Hearpreneur

FEBRUARY 13, 2022

We asked entrepreneurs and business owners about the future trends they see in their industry and here are the responses. #1- Contractors should also be prepared with customer-friendly financing options. They may also target ads to specific audiences and track real-time metrics like views, clicks and demographics.

Artificial Inteligence 106

Artificial Inteligence Software Review Technical Review Entrepreneur 106

David Teten

NOVEMBER 26, 2019

Instead of budget approvals, monitor key metrics and give managers more flexibility. Paul Bianco, CEO of Graphite Financial *, says, “Entrepreneurs are characteristically optimistic by nature, and often present their board best-case-scenario budgets and projections. Traditional budgets can be destructive and a huge waste of time.

Agile 60

Agile Management Forecast Silicon Valley 60

Startup Professionals Musings

OCTOBER 20, 2012

A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. Many startups see initial revenue from customers, and love the fast growth, but fail to anticipate the cost of early vendor payments, monthly overhead costs, and later taxes.

Technical Review 273

Technical Review Startup Finance Cost 273

Up and Running

OCTOBER 12, 2017

Recently, Barbara Corcoran , entrepreneur and Shark Tank judge, shared some of her insights on small business. Tim Berry, founder of Palo Alto Software and Bplans, asked, “What’s the best way for entrepreneurs to demonstrate that they’ve thought through the essential aspects of their business, especially the financials?”.

Metrics 128

Metrics Software Review Forecast Small Business 128

Startup Professionals Musings

OCTOBER 31, 2022

After many years in business, I’m convinced that none of us has the strengths and interest in all the areas needed for success, including solution changes, finance, marketing, and operations. Idea people often don’t get funded as entrepreneurs, because a new business is all about results, not just ideas.

Metrics 272

Metrics Early Stage Finance Programming 272

Startup Professionals Musings

SEPTEMBER 22, 2021

Yet in my experience on both sides of this equation, I find that many aspiring entrepreneurs focus only on the best idea , assuming that it will attract the right investors. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.

Intellectual Property 352

Intellectual Property Equity Bootstrapping Valuation 352

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Designing startup metrics to drive successful behavior Great companies are almost always run by great management teams. Good metrics should also be actionable, and drive successful behavior. In a follow up post, I will use this technique to walk through the design of a set of metrics for a SaaS company.

Metrics 55

Metrics Design Entrepreneur Startup 55

Steve Blank

AUGUST 21, 2013

Obviously there’s lots of bias built into the data – those who volunteered might be the better teams, the peer reviewers might be selecting for what we taught, funding is no metric for successful science let alone successful companies, etc. – but the difference in funding success is over 300%. – See more here.

SBIR 314

SBIR Technical Review Lean Startup 314

Up and Running

SEPTEMBER 19, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics. For metrics , decide which numbers to check regularly to track your company’s health. Target market: Who is your ideal buyer?

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Steve Blank

MARCH 31, 2014

I like the guy because he’s credited with coining the word entrepreneur. Companies horde cash and squeeze the most revenue and margin from the money they use. Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. I’m sure many of you have heard his name.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

YoungUpstarts

JANUARY 7, 2016

Transitioning a business concept into a company is a difficult process for many entrepreneurs; how do you gauge whether or not your concept will be successful? KPIs are helpful to entrepreneurs in understanding how their business is performing, especially when it is just starting out as a tool to measure growth. Benefits of using KPIs.

Metrics 100

Metrics Management Miami Revenue 100

Startup Professionals Musings

SEPTEMBER 1, 2019

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Managing business growth is more than metrics.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

Duct Tape Marketing

FEBRUARY 10, 2022

Jason Blumer (01:29): Yeah, well we serve a community of them and they're, I was saying off, off hair, they're just as weird as normal entrepreneurs and need just as much care. I, you know, if it doesn't okay, you know, it doesn't work, but I'm gonna give somebody my life and my finances and, you know, trust is gonna be a big deal.

CPA 73

CPA Technical Review Revenue Forecast 73

Up and Running

DECEMBER 21, 2016

In addition to improving cash levels and earnings, cutting expenses, and reducing debt, companies seeking credit should consider focusing on improving key financial metrics that can best predict default. See Also: The 7 Key Metrics Every Business Owner Should Monitor. The 5 financial metrics you should be improving.

Metrics 60

Metrics .Net Cash Position Finance 60

View from Seed

NOVEMBER 18, 2014

Recently, we looked at our own portfolio at NextView Ventures to dig a little deeper on how startups actually raise that next round of financing. Generate Real Revenue. Another approach to raise Series A is to drive meaningful revenue. Craft a Small Scale Machine. Create an Unstoppable Vision of Promise.

Syndicate 333

Syndicate Syndication Seed Stage Startup 333

Duct Tape Marketing

MAY 4, 2022

If you're looking for a new podcast, the female startup club shares tips, tactics and strategies from the world's most successful female founders, entrepreneurs, and women in business to inspire you to, to action and get what you want out of your career. So now it's the chief revenue officer, right. So they need that partner, right.

CTO 79

CTO Cofounder Networking Operations 79

Both Sides of the Table

SEPTEMBER 18, 2014

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. Your A round?

Venture Capital 417

Venture Capital Liquidation Preference Valuation Term Sheet 417

Up and Running

JUNE 18, 2013

This just about sums up the financial stress of being an entrepreneur. We’ll be using LivePlan to display these metrics. LivePlan’s cloud-based Scoreboard feature enables you to track your finances on the go. There’s a saying: “An entrepreneur has to learn to be comfortable feeling uncomfortable much of the time.”

Metrics 79

Metrics Burn Rate .Net Finance 79

Steve Blank

FEBRUARY 25, 2014

a language corporate innovation groups can use to communicate to business units and finance. The Power of the Investment Readiness Level: Different Metrics for Different Industry Segments. Allan May of Life Science Angels modified the standard Investment Readiness Level to include metrics that were specific for medical device startups.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Both Sides of the Table

JULY 21, 2014

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. And importantly we’ve had revenue. When I start to see revenue figures I always want to know the details behind the revenue: Who championed the project?

Marketing 354

Marketing Incubator Turkey Metrics 354

Both Sides of the Table

JUNE 5, 2011

I have conversations with entrepreneurs and other VCs on a daily basis about fund raising, the prices of deals, how much companies should raise, etc. These are not scientific, just anecdotal and just trying to provide some transparency for entrepreneurs on what I’ve seen the market. million post-money valuation with no revenue.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Genuine VC

MARCH 24, 2014

A couple years ago, my partner Lee penned a blog post about the milestone benchmarks for startups raising a Series A round of financing. This focus translates into big top line figures, (admittedly) vanity metrics, and pretty graphs with less substance on business metrics or even deep engagement for now.

Seed Capital 212

Seed Capital Metrics Cofounder Revenue 212

The Startup Magazine

SEPTEMBER 4, 2020

Each of these metrics is central to your business success. Also known as the profit and loss (P&L), it gives a summary of the impact of your gain, revenue, loss transactions, and expenses for a given duration. Revenue : Amounts of money your business brings in. Gross profit : Total revenue less cost of goods sold.

Balance Sheet 92

Balance Sheet Revenue Equity Operations 92

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

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. While there was an occasional bad apple, the public markets rewarded companies with revenue growth and sustainable profits.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Both Sides of the Table

NOVEMBER 9, 2014

Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). They have listed forward revenue figures that are highly questionable and bring the issue of SEC oversight to my mind. You betcha.

SEC 352

SEC Venture Capital Early Stage Cofounder 352

Up and Running

MAY 30, 2022

Actually writing a business plan is often a daunting task for potential entrepreneurs. An often overlooked purpose of a business plan is as a tool to define success metrics. By housing these financial metrics within your business plan, you suddenly have an easy way to relate your strategy to actual performance.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150