Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

ConversionXL

FEBRUARY 3, 2022

It outlines four major growth strategies: market penetration , market development , product development , and diversification. Product development. Product development allows you to expand your existing market share by developing a new product for that audience. New channels.

Marketing 115

Marketing Framework Metrics Channel 115

YoungUpstarts

AUGUST 2, 2016

Product managers should also understand the company’s goals. It is one of the most important processes in a product development lifecycle to deliver the product. The product itself can be ideal and work faultlessly, but what really matters is how it enters the market. necessary product. necessary product.

Management 100

Management Product Churn Rate Green 100

The Startup Magazine

OCTOBER 19, 2020

Capturing and analyzing data enables companies to get insights that benefit their companies in cost-saving, relevant marketing, product development, etc. Such metrics can also help identify the right products to be marketed in front of the customer, resonating marketing strategy, suitable medium to interact with the customer, etc.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. Monitor and Analyze AR Metrics – Regularly monitor key AR metrics to track performance and identify areas for improvement. To thrive, a business must excel in a multitude of functions.

Software Review 40

Software Review Metrics Analytics Software 40

YoungUpstarts

APRIL 21, 2013

Through rapid experimentation, short product development cycles, and rigorous measurements of the right metrics, they can ascertain what customers really want. Customer development (the understanding of customer needs) must be married to agile development (a process which drives waste out of product development).

Lean 193

Lean Technical Review North America Startup 193

Startup Professionals Musings

DECEMBER 7, 2022

There is no magic lever for growth, so several initiatives are required, with metrics to assess value returned. Manual processes and people are always the most expensive to scale, so every process needs metrics to determine when automation is appropriate. Ask every employee to focus on sales. Shorten the close cycle to grow faster.

Startup 335

Startup Social Media Metrics Viral 335

YoungUpstarts

JULY 16, 2019

Have you developed any vision of a product development strategy? And keep in mind that the best option is to develop at least 5 domain names connected to your brand’s name to find an unoccupied domain. At least 6 team members should participate in your product development. What slogan do you see there?

eCommerce 113

eCommerce Software Developers Software Development Hosting 113

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

MAY 30, 2022

Switch your attention from product development to sales. Managing business growth is more than metrics. You can hire the best salespeople, have great products and define good metrics, but without decisive and innovative managers, the sales organization will not reach its full potential.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings.

Lean 335

Lean Burn Rate Startup IPO 335

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. Finance is about reporting on historical performance and future planning through the lens of financial metrics.” ” (Melody Koh).

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

A Smart Bear: Startups and Marketing for Geeks

APRIL 5, 2010

In the quest for optimization, A/B tests, metrics, and funnels, we're in danger of losing the fun and value of creative work. When we demand overwhelming customer outcry before committing to the slightest product change, we're in danger of losing the value of creating a cool feature that takes too much effort but people just love.

Software Review 226

Software Review Metrics Lean Algorithm 226

YoungUpstarts

AUGUST 30, 2011

Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In discovery phase 60% of inconsistent startups focus on validating a product and 80% of consistent startups focus on discovering a problem space. Inconsistent startups write 3.4 times more code in efficiency stage.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

Startup Professionals Musings

JULY 31, 2021

Usually the real culprit is procrastination, lack of focus, or low productivity and lack of metrics. Smart entrepreneurs know they must deliver a quality product, develop a winning business model, and attract real customers. Wait and hope for a miracle. All that’s left is to commit and deliver.

Leadership 410

Leadership Employee Metrics Restful 410

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Investors want to feel confident that they’ll see a return on their investment.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

Startup Professionals Musings

SEPTEMBER 14, 2016

Cash flow is a basic survival metric for every startup. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

Gust

APRIL 27, 2014

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Lessons Learned

APRIL 25, 2011

And this year, we’re going to talk not just about business and product development, but we’ll be exploring one of the Lean Starutp movements next big frontiers: the role of design. No BS, no vanity metrics, no launches, no PR. And those are just our keynotes! We also have an awesome lineup of case studies.

San Francisco 146

San Francisco Silicon Valley Lean Agile 146

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for you.

Product Development 153

Product Development Developer San Francisco Product 153

Women Entrepreneurs Can

OCTOBER 19, 2021

Hiring a smaller team may seem more cost-efficient at the start, but taking shortcuts and trying to cover everything without the relevant skills and experience, can hinder your product development later down the line.

Software 59

Software Software Developers Software Development Hiring 59

Startup Professionals Musings

MARCH 9, 2020

There is no magic lever for growth, so several initiatives are required, with metrics to assess value returned. Manual processes and people are always the most expensive to scale, so every process needs metrics to determine when automation is appropriate. Ask every employee to focus on sales. Shorten the close cycle to grow faster.

Social Media 329

Social Media Metrics Viral Channel 329

YoungUpstarts

JUNE 11, 2015

If you know what those numbers (also called metrics) are, how to collect them, and how to evaluate what they mean, you will increase your understanding of what drives your customers. Develop products customers want. Figuring out what customers want and what they will purchase is one of the holy grails of product development.

Analytics 100

Analytics Customer Acquisition Metrics 100

Startup Lessons Learned

SEPTEMBER 22, 2008

Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Startup Professionals Musings

AUGUST 21, 2021

Switch your focus from product development to sales. Explosive growth to an enterprise normally requires a scalable sales model, a well-documented process with incentives, training, and metrics for tracking and management. In my experience, less than half of founding entrepreneurs even aspire to stay and scale their company.

Merger 379

Merger Due Diligence SEC IPO 379

YoungUpstarts

MARCH 4, 2015

The concept is fairly simple: identify an objective — what you want to accomplish — and outline the expected key results — how you will accomplish that objective with clear, measurable and time-related metrics. Use OKRs to establish how company success is measured, establish a metrics-driven culture and track performance progress.

Agile 100

Agile Startup Cofounder Metrics 100

Steve Blank

AUGUST 3, 2012

We did a quick overview of the product. That earned us the right to ask questions of fact about their department’s mission, goals, operations, volumes, tools, methods, and success metrics. We followed that with an hour-long design review, including disclosure of product limitations. Twelve of 17 competitors were gone.

San Jose 256

San Jose Technical Review Customer Development Software Review 256

Startup Professionals Musings

NOVEMBER 21, 2015

Successful entrepreneurs start with a customer problem, and develop a solution, rather than the other way around. They build a startup culture of working for customers rather than pushing a product. Develop market insights and a growth vision far beyond today. Manage by metrics rather than by crisis and emotion.

Technical Review 120

Technical Review Metrics Hosting Leadership 120

Startup Professionals Musings

MAY 4, 2016

Building your public image and presence should start even before product development, through your website, logo, and blogging. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Establishing your brand with interactive social media.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Up and Running

MAY 15, 2014

As an entrepreneur raised in the era of analytics, I want to find metrics for everything. PopInShop’s progress retroactively validated my decision, as the metrics on overall growth supported my gut: after reverting to my status as a lone founder, the company made fast strides on product development and partnerships.

Partner 113

Partner Cofounder Equity Metrics 113

Startup Lessons Learned

FEBRUARY 8, 2010

Lessons Learned by Eric Ries Monday, February 8, 2010 Beware of Vanity Metrics (for Harvard Business Review) The next article in my series on entrepreneurship for Harvard Business Review is live today. Once again, we revisit the topic of Actionable metrics and their nemesis: Vanity metrics. Remember "metrics are people, too."

Metrics 121

Metrics San Francisco Lean Continuous Deployment 121

ConversionXL

SEPTEMBER 6, 2013

So What is Customer Development? Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses.

Customer Development 126

Customer Development Conversion Developer Customer 126

Startup Lessons Learned

MARCH 25, 2010

This is the first post that moves into making specific process recommendations for product development. Two Ways to Hold Entrepreneurs Accountable Beware of Vanity Metrics For Startups, How Much Process Is Too Much? Labels: product development Speed up or slow down?

Software Review 141

Software Review San Francisco Lean Continuous Deployment 141

Version One Ventures

APRIL 11, 2019

Above all, the purpose of product development is to create value for customers. The way we ensure that code will provide value for customers is by relying on customer-centric practices in creating our product development plans. Value to customers.

Part-Time VPE 100

Part-Time VPE Software Review Engineer Technical Review 100

Startup Professionals Musings

MAY 4, 2020

Define success metrics, and measure progress regularly. Initially, you may be able to do everything in your startup, including product development, marketing, and shipping orders. If you tell me that you have been working on your startup for two years, but can’t quite quantify the progress, I’m not impressed.

Advisory Board 308

Advisory Board Agile Social Media Metrics 308

Version One Ventures

OCTOBER 31, 2016

The evolution of the growth function changed this dynamic, mashing together product dev and marketing as integrated functions. About five years ago, we saw the early waves of growth – typically an individual or two (“growth hackers”) who were championing growth within product development.

Software Review 60

Software Review South Africa Hockey Stick Viral 60