Startup Professionals Musings

AUGUST 10, 2014

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. Twitter showed no focus on revenue in the first five years, but was able to parlay 500 million users into a $22 billion public company, now growing revenue. Long-term stability requires revenue growth and profit.

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The Startup Magazine

MAY 9, 2021

Many small firms and entrepreneurs view business conferences as a waste of money, time, and effort, but this isn’t true. One of the biggest reasons entrepreneurs enjoy attending conferences is networking.

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Feld Thoughts

JULY 9, 2019

We ended up talking about using Gross Profit, instead of Revenue, to do valuation analysis. Since we invest across a number of different themes, we’ve had to deal with very different revenue and gross margin profiles since the beginning, whether we realized it or not. GP = Net Sales – Cost of Goods Sold GM = ((Net Sales – Cost of Goods Sold ) / Revenue). Entrepreneurship gross margin revenue valuation

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The Startup Magazine

SEPTEMBER 30, 2020

The post IIoT Drives Sustainability, Safety, Revenues in Energy appeared first on The Startup Magazine.

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ReadWriteStart

NOVEMBER 30, 2020

Revenue is the lifeblood of your tech startup. But too many startup tech entrepreneurs focus on a single revenue stream—a primary source of income that will exclusively sustain the business. Why Are Multiple Revenue Streams So Valuable? Total revenue generation.

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Startup Professionals Musings

AUGUST 31, 2014

The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. So what are some of the most common revenue models being used by startups today? Here is a summary, with some of the pros and cons or special considerations for each: Product or service is free, revenue from ads. business business model entrepreneur revenue model startup

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Startup Professionals Musings

DECEMBER 1, 2017

I was mentoring some graduate students at a local university recently, and I sensed again that profit seems to be a dirty word these days to many aspiring entrepreneurs. Every business needs to develop a revenue model even before a product. The alternatives range from giving the product away for free (revenue from ads), to pricing based on costs, to charging what the market will bear (premium pricing). Revenue is a percentage of every transaction.

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Feld Thoughts

OCTOBER 10, 2011

I’m tired of “Revenue” being referred to as “Income.” For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. . Whenever I ask “do you mean your bottom line or your revenue” I’m often surprised by which answer I get, including “I’m not sure what you mean.” Call the thing at the top of the P&L “Revenue”, not “Income” Rant off.

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YoungUpstarts

AUGUST 29, 2018

Without enough capital, entrepreneurs don’t have the means to invest in the development and growth of their brand. Though you may not have much to work with now, if your startup is to succeed, you must work consistently at finding and executing plans to increase your revenue. Sometimes, getting a helping hand from someone who’s been in business for a while can help you gain the exposure you need to increase revenue. Others business advice business growth revenue growth

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Startup Professionals Musings

DECEMBER 14, 2013

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. Kristin Zhivago, in her book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. Build and deploy a revenue growth action plan. business entrepreneur Kristin Zhivago revenue roadmap startup

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YoungUpstarts

APRIL 15, 2018

At some point, there’s a need to diversify the stream of revenue. Whether or not it’s immediately obvious, there are ways for your company to diversify its revenue stream moving forward – and you need to make it happen. As entrepreneur Tim Parker explains , “They know that if you’re in the mood to spend money, you’re likely to shell out a little more if the right deal comes along.”. Startups typically launch with one product – or perhaps a line of related products.

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Startup Professionals Musings

JUNE 26, 2016

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 $400B. Twitter showed no focus on revenue in the first five years, but was able to parlay 500M users into a $22B public company, now growing revenue. Long-term stability requires revenue growth and profit.

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Startup Professionals Musings

MARCH 12, 2012

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. If challenged, the founder usually cites the Facebook business model (free service to users, revenue from ads), but forgets that Facebook has had several hundred million in funding, and has been profitable only in the last couple of years. Now back to the revenue realities.

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Up and Running

JANUARY 18, 2021

Why do entrepreneurs gravitate toward online platforms? It is important to make this distinction because it clarifies the main feature that makes online platforms so popular among entrepreneurs: They are capital-light, meaning that they do not require plants and equipment to start up.

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Startup Professionals Musings

FEBRUARY 2, 2013

Technically speaking, in the United States, a non-profit corporation or association is one which has been exempted from Federal income taxes by meeting the criteria set out Section 501(c) of the Internal Revenue Code, most notably religious, educational, and charitable entities. entrepreneur startup non-profit 501(c) revenue model business

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Startup Professionals Musings

JANUARY 8, 2022

With the cost of entry at an all-time low, and the odds of success equally low, more and more entrepreneurs are starting multiple companies concurrently. Other prolific entrepreneurs, like Richard Branson and Elon Musk , simply have several startups on the table at any given moment.

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Startup Professionals Musings

APRIL 24, 2016

Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. According to many experts , getting new customers is five to ten times harder than getting additional revenue from existing customers. If you are an entrepreneur not using this model, it may be time to consider a pivot. entrepreneur recurring revenue startup subscription model

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Steve Blank

FEBRUARY 16, 2010

You would think that would be enough to get wrong, but entrepreneurs and investors compound this problem by assuming that all startups grow and scale by executing the Revenue Plan. All discussion focused on “missing the revenue plan.”. The VC’s were very concerned that the revenue the financial plan called for wasn’t being delivered by the sales team. Revenue Plan Needs to Match Market Type. Existing Market Revenue Curve. New Market Revenue Curve.

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YoungUpstarts

DECEMBER 15, 2017

With this, the rest of this post outlines five of the key strategies that will allow you to increase your revenue. That being said, social media holds a lot of promise as a platform to increase the revenue for your business. Entrepreneur suggests some of the ways to boost sales by using social media , such as through getting personal, prioritizing customer service, going mobile, and adding an online store in social media accounts.

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Startup Professionals Musings

APRIL 24, 2011

Sure, there is always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won. Your friends and family are really the only answer until you have a significant revenue stream. Use friends, family, and angels, if possible, to get a product, revenue, and customers first before the VC connection. entrepreneurs startups revenue stream venture capital business

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Mike Michalowicz

JULY 12, 2013

Not All Revenue Is The Same. Entrepreneur Strategies Mindset Money Strategies cost job costing not all revenue is the same profit revenue Every dollar your company makes isn’t the same. Sometimes the dollar you earn cost you seventy five cents to make. Other times it costs you ten cents. And more often than you think, it costs you a dollar ten, or a buck twenty or even two bucks.

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Mike Michalowicz

JULY 11, 2013

Analyzing your competitor’s revenue is a helpful tool in measuring your own progress and potential. For small and private companies, lying about top line revenue may have more to do with hiding the trouble so as not to worry staff or negatively affect the brand. The company revenue is likely between these two numbers. If your competitors are in trouble their top line revenue is on the low end, and if they are doing well, it will be on the high end.

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Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Actively share info with entrepreneur peers.

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The Next Web

MAY 12, 2015

It is critical you have a well-thought plan for the long term, even if revenues will be minimal in the short term. Revenue models can vary based on: (i) your industry; (ii) your product or service within that industry; and (iii) what your direct competitors are doing. And most importantly, you need to assess whether your revenue plan passes the sanity check for your business and prospective investors. Entrepreneur revenue model

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The Startup Magazine

AUGUST 30, 2021

Not surprisingly, the industry has emerged as a lucrative opportunity, with a growing number of entrepreneurs yearning to join the bandwagon. Here are some tips for budding cannabis entrepreneurs in 2021. Success is no longer about making profits and generating revenue.

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The Startup Magazine

JULY 20, 2018

When determining how you can maximize revenue, consider these suggestions for optimizing your potential. Consignment is a unique business with a myriad of approaches available to the entrepreneur. It will ensure your startup makes the revenue it deserves. The post 4 Ways a Startup Consignment Shop Can Increase Revenue appeared first on The Startup Magazine. It’s important to do research on successful consignment businesses when creating your own business plan.

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K9 Ventures

AUGUST 13, 2010

In the end the revenue simply wasn’t enough to make a sustainable business and so we had to switch gears once more (in today’s parlance that would be a “Pivot”). Over the course of that relationship that lasted several years, we did over $1M in revenue just from HP. I tell these stories to lay the groundwork for what I am going to call Revenue Development. But I’m going to contend that we’re still missing one leg of the stool, and that leg is Revenue Development.

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YoungUpstarts

NOVEMBER 12, 2017

You can do that through working hard and saving every penny or you can think outside of the box, ask questions and create the multiple revenue streams that would allow you to increase your money with less effort and more ease. Are you willing to create the multiple revenue streams that would allow you to do that? If that is a yes for you, here are my top 3 tips on creating multiple revenue streams successfully: 1. Or, “What are the assets that create revenue?”

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Duct Tape Marketing

APRIL 30, 2019

How Reducing Friction Increases Revenue written by John Jantsch read more at Duct Tape Marketing. He’s been a serial entrepreneur since he left a senior strategy position at a Fortune 1000 company to enter the then-nascent home computer market. He’s been a serial entrepreneur since he left a senior strategy position at a Fortune 1000 company to enter the then-nascent home computer market.

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Startup Professionals Musings

MARCH 13, 2021

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. entrepreneur attributes negative growth scale

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Up and Running

JUNE 15, 2016

To help your travel business stand out and bring in more revenue, here are seven research-driven, data-backed strategies you can implement today—or plan for once you’ve got your business up and running. Customer referral programs can be an effective way to increase revenue for your travel agency, if implemented correctly. Sami Belbase, President of Encore Jets, listed asking for referrals as number one in his list of most effective strategies for improving revenue.

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David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders?

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Startup Professionals Musings

OCTOBER 16, 2021

Dal LaMagna, in his humorous classic “ Raising Eyebrows: A Failed Entrepreneur Finally Gets It Right ,” leads with the foundational principle of micro-businesses, which is to start small. entrepreneur micro-business micro-enterprise reduce risk

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SoCal CTO

MARCH 18, 2010

Today I lead a small consultancy that helps advertising supported develop and scale the revenue producing sides of their businesses. I usually.just focus on revenue. More Visible Networking? this time with Vince Thompson. You’ve got a REALLY diverse background. What’s the short version? Vince: I’m an author, speaker and management consultant with a special expertise in online media sales.

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Our Own Start-up

JUNE 14, 2020

News Women Entrepreneur Cookies in Kolkata Edible Cookie Dough Edible Cookie Dough in Kolkata Kolkata Dessert Parlour Kolkata Desserts Scoopski KolkataScoopski, Kolkata based foodtech startup is a result of an 'impatient millennial who couldn't wait for her dessert.

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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. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Revenue-based Venture Capital

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David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching Revenue-Based Investing and other new approaches to VC. The question I’m asking myself: should a new VC fund use Revenue-Based Investing, traditional equity VC, or possibly both (likely from two separate pools of capital)? Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. Who are the major Revenue-Based Investing VCs?

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David Teten

AUGUST 21, 2019

Or should they look to one of the new wave of Revenue-Based Investors? Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. Who are the major Revenue-Based Investing VCs?

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Startup Professionals Musings

AUGUST 23, 2020

Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down. I have pulled together here a few of our joint recommendations to every entrepreneur and startup that I advise.

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Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated.

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Startup Professionals Musings

NOVEMBER 30, 2020

Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. The early entrepreneur lifestyle is not much fun.

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Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. There is no crowd of successful entrepreneurs.

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YoungUpstarts

SEPTEMBER 21, 2016

Hence, many entrepreneurs won’t mind quitting their jobs, moving in with parents, and working 20 hours a day just to bring their ideas to life. However, the sad reality is that entrepreneurs often find it hard to obtain funding for startup ideas when the idea has not been proven to generate revenue. This article provides insight into 5 proven ways through which you can raise funds for your startup idea even when it is in pre-revenue.

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