Should Entrepreneurs Grow Revenue Or User Count?

Startup Professionals Musings

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.

5 Ways Business Conferences Boost Revenue

The Startup Magazine

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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IIoT Drives Sustainability, Safety, Revenues in Energy

The Startup Magazine

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

Why Gross Profit Is More Important Than Revenue

Feld Thoughts

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

How to Create Multiple Revenue Streams in a Tech Startup

ReadWriteStart

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.

How Do You Select A Revenue Model For Your Startup?

Startup Professionals Musings

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

10 Top Revenue Models Drive Viable Businesses Today

Startup Professionals Musings

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.

5 Keys Steps For Every Startup Roadmap To Revenue

Startup Professionals Musings

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

Efficient Methods For Boosting Startup Revenue

YoungUpstarts

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

5 Reasons Startups Need Revenue As Well As Users

Startup Professionals Musings

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.

7 Technology Entrepreneur Examples You Should Emulate

Startup Professionals Musings

By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. best entrepreneurs Peter Andrews startups uber

4 Tips For Diversifying Your Company’s Revenue Stream

YoungUpstarts

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.

Even a Non-Profit Startup Needs a Revenue Model

Startup Professionals Musings

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

Website Ads are Not a Revenue Stream for Startups

Startup Professionals Musings

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.

Revenue vs. Income

Feld Thoughts

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.

9 Great Paths To Recurring Revenue For Your Startup

Startup Professionals Musings

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

Death By Revenue Plan

Steve Blank

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.

Multi-axis Pricing: a key tool for increasing SaaS revenue

For Entrepreneurs

Scalable pricing is a powerful tool to grow revenue in a SaaS or software business. It allows you to capture more of the revenue that your customers are willing to pay, without putting off smaller customers that are not able to pay high prices. It also provides a great way to continue to grow revenue [.]. Building for Success SaaS Startup Help growing SaaS revenue saas marketing SaaS pricing SaaS revenue SaaS sales SaaS VC

3 KPI’s Guaranteed To Double Your Website Revenue

Duct Tape Marketing

3 KPI’s Guaranteed To Double Your Website Revenue written by Sara Nay read more at Duct Tape Marketing. About this episode: In this episode of the Agency Spark Podcast, Sara talks with Michael Buzinski on 3 KPI’s guaranteed to double your website revenue.

How to Choose a Realistic Revenue Model for Your Online Platform

Up and Running

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.

Startups With Real Revenue Can Get Venture Capital

Startup Professionals Musings

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

5 Ways To Increase Your Business Revenue

YoungUpstarts

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.

Not All Revenue Is The Same

Mike Michalowicz

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.

How To Figure Out Your Competitors Revenue

Mike Michalowicz

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.

4 Ways a Startup Consignment Shop Can Increase Revenue

The Startup Magazine

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.

6 drivers that determine your revenue model

The Next Web

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

10 Benefits Of True Multi-Tasking As An Entrepreneur

Startup Professionals Musings

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.

Revenue Development

K9 Ventures

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.

Inspiring Tips For Cannabis Entrepreneurs In 2021

The Startup Magazine

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.

How Reducing Friction Increases Revenue

Duct Tape Marketing

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.

10 Ways To Be An Entrepreneur Who Endures And Thrives

Startup Professionals Musings

It is not for everyone, as the entrepreneur’s path is fraught with challenges. titled “ The Intelligent Entrepreneur ,” outlining the keys to successful entrepreneurship, as follows: Make the commitment. Problem solvers make successful entrepreneurs.

How To Create Predictable Recurring Revenue Streams Without Selling Your Hours

Duct Tape Marketing

How To Create Predictable Recurring Revenue Streams Without Selling Your Hours written by Sara Nay read more at Duct Tape Marketing. Born in Iran, Cheyene is an award winning entrepreneur, writer and filmmaker currently based in Los Angeles, California.

Iran 67

Multiple Revenue Streams – The Benefits, And How To Build Them Successfully

YoungUpstarts

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?”

7 Steps To Greater Satisfaction As A New Entrepreneur

Startup Professionals Musings

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.

5 Early Entrepreneur Strengths That Can Limit Growth

Startup Professionals Musings

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

How Do You Select A Revenue Model For Your Startup?

Gust

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. Image via Wikipedia. One of the toughest decisions for a startup is how to price their product or service.

Digital Revenue Expert – Vince Thompson

SoCal CTO

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.

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

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?

Who are the Major Revenue-Based Investing VCs?

David Teten

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

7 Revenue-Boosting Strategies for Your Travel Business

Up and Running

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.

Should your new VC fund use Revenue-Based Investing?

David Teten

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?

Scoopski, an all women dessert startup has recorded 120% CAGR generating revenue of over 30 Lakhs

Our Own Start-up

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.

Should you raise traditional VC or Revenue-Based Investing VC?

David Teten

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?