ConversionXL

JANUARY 18, 2022

In 2018, after two short years and $3 million raised in startup funds, recruitment AI company Ansaro shut down due to bad market fit. Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. Both companies suffered from a fatal lack of marketing.

Marketing 110

Marketing Product Audience Equity 110

Startup Professionals Musings

NOVEMBER 28, 2020

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 classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

MARCH 21, 2021

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Effective marketing.

Technical Review 333

Technical Review Startup Software Review Retention 333

Up and Running

SEPTEMBER 15, 2021

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. .

Cost 158

Cost Developer Azure Cloud 158

ReadWriteStart

NOVEMBER 30, 2021

If you’re new to marketing and amid a startup, all of it can seem overwhelming. A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Choose your Market Audience.

Developer 78

Developer Marketing Social Media Startup 78

YoungUpstarts

DECEMBER 7, 2017

Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Startup founders counting the days until break-even or actively seeking outside capital must focus on streamlining their development cycles. Full treatment of product components and functions.

Cost 100

Cost Developer Small Business Administration Marketing 100

View from Seed

JULY 5, 2022

Founder: Connor Cash. Rachel Hodes (RH): What problem exists in the market that your business is trying to solve? Get to know the founder. I’m Connor Cash, the founder of Caesar and I grew up outside of Boston but currently live in DC! RH: What’s your favorite thing about being an early-stage founder?

DC 156

DC Software Review Government Boston 156

Startup Professionals Musings

AUGUST 19, 2020

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Use social media for early marketing. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

Product Development 88

Product Development Developer San Francisco Product 88

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,

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

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. pexels A war chest is virtually always a competitive edge in all aspects that count, including employing key staff, public relations, marketing, and sales.

Seed Stage 124

Seed Stage Technical Review Early Stage Due Diligence 124

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?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. It is not a strong bargaining position for the CEO to ask for money to complete a product promised for completion with the previous round of funding.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

Version One Ventures

MAY 3, 2023

But India is such a welcoming country that it only took a few weeks of preparation to fill a weeklong schedule with meetings – from a dinner arranged by Shiva with approximately 15 founders in Delhi to a talk about crypto at Builders Circle in Bangalore. billion people, India itself represents a massive market.

India 87

India LP Silicon Valley Vertical 87

Steve Blank

SEPTEMBER 5, 2023

You can’t be an effective founder or in the C-suite of a startup if you don’t hold any. Here’s how I learned why they were critical to successful customer development. And he proceeded to lay out a fairly complex and innovative sales and marketing strategy for our next 18 months. I was a great marketer.

Business Model 305

Business Model Product Development Early Stage Customer Development 305

YoungUpstarts

MARCH 24, 2014

by Adam Root, founder and CTO of Hiplogiq. When deciding what the next step in your product or app development should be, ask yourself: Do your users really want more features, or are their requests signaling a deeper problem? Do you want the product, or does your target market want the product? Create ads.

Fractional CTO 228

Fractional CTO Product CTO Hire Merger 228

Small Business Force

DECEMBER 12, 2013

Every entrepreneur wishes they were as prescient or creative as Steve Jobs, Jeff Bezos, or Larry Page and Sergey Brin, founders, respectively of Apple, Amazon and Google. Few entrepreneurs or small business owners involve their customers in the product development process. I know what this market needs. He's been there.

Development Team Review 36

Development Team Review Product Development Developer Customer 36

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Early Growth Financial Services

DECEMBER 11, 2012

by Tony Karrer Originally published on SoCal CTO Almost every day I’m talking to early stage startup founders (see Free Startup CTO Consulting Sessions) about what they plan to do. Many of these founders have talked with several developers or development firms about their plans.

Fractional CTO 44

Fractional CTO Developer Product Development Founder 44

Startup Professionals Musings

SEPTEMBER 29, 2018

Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Use social media for early marketing. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Both Sides of the Table

FEBRUARY 6, 2013

My rationale is simple: everything goes wrong and only great teams can respond to competitors, markets, funding environments, staff departures, PR disasters and the like. Quick summary: Be careful not to have too many co-founders. I don’t think VCs care as much about co-founders & economics as people think.

Cofounder 388

Cofounder Early Stage Startup Silicon Valley 388

YoungUpstarts

NOVEMBER 20, 2019

by Lu Zhang, founder and managing partner of Fusion Fund. Competition from other startups and established incumbents, constraints on time and capital, and limited access to talent and technology resources are just a few of the hurdles nearly every first-time founder faces while trying to build a business.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

View from Seed

MARCH 24, 2021

” Below are our favorite pieces from the past few years, divided in to a few key categories: fundraising, company building, product development, industry trends, and the life of a VC. Entrepreneurs should know their audience, and most importantly, how savvy it is about the company’s particular market segment.”

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

YoungUpstarts

JULY 2, 2020

by Boris Pfeiffer , CEO and Founder of Riddle. Months into COVID-19’s impact upon much of the business landscape, marketing teams have been forced to change their approach to messaging their clients. Smart companies know that an empathetic approach is a much better marketing strategy. Don’t decrease your marketing budget.

Marketing 262

Marketing Metrics Channel Differentiation 262

crowdSPRING Blog

SEPTEMBER 19, 2014

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ.

Social Media 94

Social Media Small Business Design Media 94

YFS Magazine

MAY 20, 2019

To get a better grasp on the practical application of product-market fit, let's take a look at how founders achieved it rather quickly for their startups.

Founder 109

Founder Product Marketing Startup 109

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

View from Seed

DECEMBER 6, 2018

As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. And it’s amazed me how many times I’ve seen two or more entirely separate groups of founders?—?without However, not everyone sees it that way?—?competing

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Startup Professionals Musings

DECEMBER 24, 2018

If there is no competition, there is likely not a market. Every potentially successful product has competition, or an alternative, or customers with no interest in change. Plan to and assemble the right team, including co-founders. Building and running a business is not a solo operation.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Mucker Lab

MAY 28, 2020

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. How do you know you have it?

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Steve Blank

APRIL 23, 2018

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. Modern Corporation Marketing. auto market. car market. General Motors had 20%.

Michigan 268

Michigan Cofounder Stock Forecast 268

Duct Tape Marketing

APRIL 6, 2022

Practical Strategies For Starting A Business written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Steve Hoffman. In this episode of the Duct Tape Marketing Podcast , I interview Steve Hoffman, also known as Captain Hoff. 18:05] How does the Founder Space operate? [20:21] Like this show?

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Startup Professionals Musings

OCTOBER 19, 2013

“Scope creep” (or feature creep) is an insidious disease that kills more good startups than any other, especially high-tech ones, and yet most founders (who may be the cause) never even see it happening. This term refers to the penchant to add just one more feature to the product or service before first delivery, just because you can.

Technical Review 275

Technical Review Startup Software Review Database 275

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. Instead of the “entrepreneur that knows what the market wants”, we move to the “entrepreneur that knows how to discover what the market wants”. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

Steve Blank

MAY 28, 2009

Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students. Steve,&# he said, “you’re missing the most interesting part of vertical markets. Markets with Customer/Market Risk are those where the unknown is whether customers will adopt the product.

Vertical 144

Vertical Silicon Valley Marketing Customer 144

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