article thumbnail

Recurring revenues: Oil or glue?

Berkonomics

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. The surprising recurring revenue trap. Legacy system recurring revenues.

Revenue 99
article thumbnail

How To Properly Manage Your Hospice Billing And Revenue

YoungUpstarts

The post How To Properly Manage Your Hospice Billing And Revenue appeared first on Young Upstarts. Uncategorized hospice revenue cycle managementStruggling with hospice billing?

Revenue 188
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Strategies For Balancing Revenue Versus User Growth

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 $1 trillion. Long-term stability requires revenue growth and profit.

Revenue 340
article thumbnail

Analyst Cam: Salesforce Revenue Cloud

deal architect

This time it is Meredith Schmidt, EVP of Revenue Cloud at Salesforce. As we have moved to virtual briefings, I have increasingly been excerpting short video segments (with permission ) as part of my Analyst Cam series. She paints a. Analyst Cam

Revenue 195
article thumbnail

Every Online User Platform Needs Revenue To Survive

Startup Professionals Musings

MySpace, for example, boomed after launch for five years without a revenue model. When their deep pockets went empty, Facebook stepped in, but demanded revenue from ads. Yet it took almost six years to become profitable, with revenue only from advertising.

Revenue 238
article thumbnail

Why revenue shouldn’t be your North Star Metric

VC Cafe

The CEO shared the revenue target for the year at X, and the revenue target for next year at 3X. One of the board members asked a simple question: “Why is revenue our North Star KPI?” Why is revenue not a good ‘North Star’ Metric?

Metrics 140
article thumbnail

5 Ways To Boost Your SaaS Startup’s Revenue

YoungUpstarts

Looking to boost your revenue as a SaaS startup? The post 5 Ways To Boost Your SaaS Startup’s Revenue appeared first on Young Upstarts. Adopt various strategies in your operations to grow your business.

Revenue 170
article thumbnail

5 Secrets To Generating Revenue During COVID-19

YoungUpstarts

b y Jack Siney, GovSpend Chief Revenue Officer. Today, Jack Siney is the Chief Revenue Officer at GovSpend — a technology company that aggregates purchase order data from local, state, and federal government agencies to provide searching, reporting, and analysis capabilities.

Revenue 140
article thumbnail

The Analyst Cam: Model N Revenue Execution

deal architect

As we have moved to virtual vendor briefings, I have increasingly been excerpting short video segments (with permission from vendors), as part of my Analyst Cam series. In June, I had interviewed Jason Blessing, CEO of Model N. He had.

Revenue 195
article thumbnail

Revenue = Resources

Eric Friedman

In this constant struggle, I learned (definitely the hard way) that Revenue = Resources. When I was first on the BD team at Foursquare we would optimize many of the initiatives and strategic partnerships around brand recognition and exposure – there was no scalable revenue to speak of. When I started beating the drum to drive scalable revenue and products to match, I was met with some opposition (to say the least!). Eric Friedman Revenue Sales

Revenue 60
article thumbnail

5 Ways Business Conferences Boost Revenue

The Startup Magazine

The post 5 Ways Business Conferences Boost Revenue appeared first on The Startup Magazine. Community Marketing Advertising audience Brand Business card Business idea global expansion hosting inspiration life lessons motivation networking Partnership relationships revenue Small Business

Revenue 100
article thumbnail

Startup Revenue Milestones

K9 Ventures

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. In my discussions with K9 portfolio founders about scaling revenue, I very often end up drawing the same picture: $0/month. I call this Revenue Development and have written about it before.

Revenue 105
article thumbnail

Increase Efficiency – Increase Revenue

Mike Michalowicz

?. More efficiency equals more revenue. I’m putting this challenge out there to business owners: Find a way to double your revenue with half the effort. Think about increasing revenue while decreasing costs to generate that revenue. .

Revenue 78
article thumbnail

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

Revenue 140
article thumbnail

How To Turn One Book Into 7+ Figures Of Revenue For Your Company

YoungUpstarts

You can turn one book into 7 or more figures in revenue for your business. The post How To Turn One Book Into 7+ Figures Of Revenue For Your Company appeared first on Young Upstarts. Michael Shreeve, founder of Peaceful Profits, shares how you can.

Revenue 194
article thumbnail

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.

Revenue 202
article thumbnail

What Does Great Look Like in a Chief Revenue Officer?

OnlyOnce

(This is the second post in the series…… the first one on When to Hire your First Chief Revenue Officer is here. ). The post What Does Great Look Like in a Chief Revenue Officer? Bolster Leadership Startup CXO Chief Revenue Officer

Revenue 62
article thumbnail

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.

Revenue 139
article thumbnail

When to Hire Your First Chief Revenue Officer

OnlyOnce

If your board asks you if you’re ready to step on the gas and scale your revenue engine (e.g., The post When to Hire Your First Chief Revenue Officer appeared first on The Startup CEO blog. Bolster Leadership Startup CXO Uncategorized Chief Revenue Officer CXO scaling

Revenue 62
article thumbnail

Small Business Revenues Are Up – But New Challenges Emerge As Businesses Continue The Pandemic Comeback

YoungUpstarts

The post Small Business Revenues Are Up – But New Challenges Emerge As Businesses Continue The Pandemic Comeback appeared first on Young Upstarts.

Revenue 172
article thumbnail

7 Most Popular Startup Revenue Models

The Startup Magazine

That means you’ll need to consider things like which startup revenue model is right for you. But before you decide, you’ll need to know exactly what a startup revenue model is so that you can determine which one is best for the kind of business you’re thinking of starting.

Revenue 79
article thumbnail

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.

Revenue 100
article thumbnail

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

Revenue 228
article thumbnail

Revenue Recognition’s Effect On M&A

YoungUpstarts

There has been a lot of chatter regarding changes in revenue recognition criteria lately, but the effects it will have on the evaluation of companies planning an exit is just beginning to emerge. A change in revenue recognition means a change in the due diligence process, specifically accounting diligence, modeling, quality of earnings and cost of integration. Recognize revenue when performance obligations are met (good(s) or service(s) have been provided).

Revenue 116
article thumbnail

10 Top Revenue Models Drive Viable Businesses Today

Startup Professionals Musings

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). This may seem like Business Fundamentals 101, but the market changes rapidly, so I thought it might be useful to share what I see as the most common revenue models being used by businesses today. Revenue is a percentage of every transaction.

Revenue 146
article thumbnail

Growing Your Audience (And Your Revenue) With A Book

Duct Tape Marketing

Growing Your Audience (And Your Revenue) With A Book written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Matt Briel In this episode of the Duct Tape Marketing Podcast , I interview Matt Briel.

article thumbnail

7 Easy Ways for Small Businesses To Increase Their Revenue

YoungUpstarts

More revenue. 2017 has been a good year for growing revenue. 69% of small business owners expected revenue growth this year. They expected hearty growth, too: 38% expected revenue to rise by more than 5%. And because improving that presence is often free or nearly free, this is an easy way to increase revenue without spending a lot of money. Now every time someone comes in to pick up a cake, the bakery makes double the revenue.

Revenue 121
article thumbnail

Efficient Methods For Boosting Startup Revenue

YoungUpstarts

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. Here’s advice you may not have thought you’d hear but sometimes boosting revenue for your startup is just a matter of time.

Revenue 100
article thumbnail

What VCs miss about SaaS revenue

Lightspeed Venture Partners

The post What VCs miss about SaaS revenue appeared first on Lightspeed Venture Partners

Partner 85
article thumbnail

Revenue from technology, baby!

deal architect

I was talking to Chris Murphy at InformationWeek recently about the theme of my next book. He talks to CIOs all the time and is on top of most mega trends in the industry. He agreed most industries are looking. Industry Commentary

Revenue 215
article thumbnail

Revenue = Product Market Fit

Agile VC

This is a logical thing to do… when we started LinkedIn, my mentor Reid Hoffman instilled a mantra of Growth –> Usage –> Revenue which still holds for many consumer companies. Facebook, Twitter, etc), where scale is a necessary condition for even the first dollar of revenue, in addition to maximizing long term enterprise value. Arguably revenue is the best signal of product-market fit for B2B startups.

Revenue 189
article thumbnail

5 Keys Steps For Every Startup Roadmap To Revenue

Startup Professionals Musings

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. The customers will get what they want, when they want it, and you will see more revenue, greater brand loyalty, real relationships, and a competitive edge. business entrepreneur Kristin Zhivago revenue roadmap startup

Revenue 212
article thumbnail

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. One of the best ways to diversify your revenue stream is by offering complementary products that go with your core products. Advice For The Young At Heart business advice revenue diversification revenue growth startup advice

Revenue 102
article thumbnail

Boosting Sales And Revenues: 4 Promising Tips

YoungUpstarts

This could happen by reducing expenses, increasing your sales, and generating more revenue. Even though improving your revenue and increasing sales are complementary goals, each area requires a unique strategy if your company is going to see more cash in the bank. Differentiating Between Revenues and Sales. The word sales refers to a numerical total of the products sold, while revenue is the total amount of money that was taken in because of the sales.

Revenue 109
article thumbnail

Our revenue - but not our customer

deal architect

It’s been a decade but I still remember it vividly because I was so shocked. An American Airlines supervisor refused to let me stand by on an earlier flight because as he put it “You are not our customer. Industry Commentary

Revenue 249
article thumbnail

Net Dollar Retention vs. Net Revenue Retention

VC Adventure

Net Dollar Retention (NDR) and Net Revenue Retention (NRR) are both important measurements in any business but many companies conflate the two or (more frequently) only report on one. NDR and NRR are as defined as follows: NDR measures the average percentage change in revenue over the first 12 months of a customer. NRR measures the percentage of revenue retained from all customers (regardless of time as a customer) over a rolling moving 12-month window.

.Net 80
article thumbnail

Chargify Appoints New Chief Revenue Officer

Austin Startup

Chargify, the leading billing platform for B2B SaaS, today announced the appointment of Matt Downs as Chief Revenue Officer (CRO) effective immediately. The two complementary cloud-based platforms together manage more than $10 billion in customer annual recurring revenue.

Revenue 69
article thumbnail

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.

Revenue 117
article thumbnail

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.

Revenue 135
article thumbnail

Signs your Chief Revenue Officer isn’t Scaling

OnlyOnce

( Post 3 of 4 in the series of Scaling CRO’s- the other posts are When to Hire your First Chief Revenue Officer and What does Great Look like in a Chief Revenue Officer ). The post Signs your Chief Revenue Officer isn’t Scaling appeared first on The Startup CEO blog.

Revenue 62
article thumbnail

SAP Sustainability and customer revenues

deal architect

I got excited when I saw Dennis Howlett’s post about SAP Sustainability hints at revenue growth. For my next book I am cataloging all kinds of companies which are embedding tech to create “smart products” for their sectors and for. Enterprise Software (IBM, Microsoft, Oracle, SAP

Revenue 215
article thumbnail

Vedantu sees growth revenue by 80 percent in April

Our Own Start-up

News Startups Covid 19 Edtech startup edtech startup Vedantu Revenue Growth start up growth during lockdown vedantuMany businesses have gone down the line due to the ongoing Covid-19 crisis, but education section and sector seems to be blooming as the schools are shut for over 2 months now.

Revenue 73
article thumbnail

5 Things to Know About Revenue Management

The Startup Magazine

With heavy global competition between airlines and customers having online alternatives at their fingertips, airlines face challenges of constantly updating pricing, which can make airline revenue management complex and optimizing revenue a major challenge across industries. What Airline Revenue Management Does. Airline revenue must be managed on a daily basis due to changes affected by demand, pricing, scheduling and aircraft maintenance.

Revenue 61