Startup Professionals Musings

JUNE 24, 2020

Of course, it could be your level of experience, or the quality of your team, but the difference is often more related to the lifecycle stage of the market you are trying to enter. Valuations here are always low, and funding generally depends on friends and family, or a few forward-thinking angels.

Marketing 174

Marketing Startup Artificial Inteligence Technical Review 174

Startup Professionals Musings

MARCH 18, 2020

Set up training courses that highlight agility, and adopt agile working practices. Difficulty in securing and protecting funding. Even in the best of times, funding for change initiatives can become a tempting target. Concern about what the future might hold often results in hidden waves of passive resistance.

Metrics 122

Metrics Training Satisfaction IBM 122

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Count on six months from beginning the funding process until a new check is cashed. Buffer your projected resource requirements.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

NOVEMBER 7, 2022

Of course, someone with more operating experience may be brought in once the new venture has been successfully launched. Commit a source of internal or external seed funding. There is no point incubating an innovative new venture if you don’t have the funds to launch and expect quick self-sustaining revenue.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Startup Professionals Musings

OCTOBER 21, 2023

Of course, that has be a repeatable event, with enough revenue to sustain the business. Decide early where and when money will come from, set some milestones and metrics, and work to a plan, or be caught short. Too many founders have learned that passion and free beta products do not imply a sustainable business.

Customer 109

Customer Custom Satisfaction Sales 109

Startup Professionals Musings

APRIL 7, 2021

Make sure the inspiration that launched your vision isn’t lost in the course of a pivot or market change. Of course, you may need to realign that vision to your team, your investors, and all the other players. Re-evaluate processes as they are today and set metrics to better represent the new sales, operational, and service needs.

Social Media 143

Social Media Startup Framework Course 143

Berkonomics

DECEMBER 11, 2014

These are not the strategic visionary skills, like leading companies through risky product launches, or steering the course through economic storms where leaders become oversized personalities for their superhuman efforts. There are many types of metrics, some very easy to manage. Third: support.

Organization 220

Organization Metrics Training Course 220

Startup Professionals Musings

SEPTEMBER 16, 2023

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Startup Professionals Musings

AUGUST 13, 2022

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or angel investors in Arizona, where I live. Of course, there are always exceptions, but how much added risk do you need for your startup? Personal relationships do count.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Both Sides of the Table

JULY 21, 2014

An impressive number of new VCs have been created – most of them with new seed funds. Of course back then it literally was sold in a package and stored on a shelf! Create company measures for success that go beyond financial metrics. And importantly we’ve had revenue. Most importantly – YOU need to care.

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

AUGUST 1, 2021

Of course, experiences and failures are the best teachers, but I find that learning from other people’s experiences is a much faster and less painful approach. Even when orders are clearly on the upswing, you need more funding to cover inventory and lagging accounts receivable. Persistent profit and cash flow shortages appear.

Entrepreneur 174

Entrepreneur Search Engine Optimization Satisfaction Social Media 174

Startup Professionals Musings

JANUARY 22, 2021

Of course, that has be a repeatable event, with enough revenue to sustain the business. Decide early where and when money will come from, set some milestones and metrics, and work to a plan, or be caught short. Too many founders have learned that passion and free beta products do not imply a sustainable business.

Sales 165

Sales Customer Custom Social Media 165

Both Sides of the Table

SEPTEMBER 28, 2013

Of course not. We funded one in 2005 and lost a lot of money. ” Scary because that hard earned $40,000 you have slavishly saved “for the future” is going to dwindle fast if you can’t bring in funding. Of course you need to be open. Of course you shouldn’t f **g buy a house. It was not.

Startup 417

Startup Course Venture Capital Writing 417

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Of course, one of the best ideas around this is to have Negative Customer Acquisition Costs.

Pricing 150

Pricing Acquisition Customer Custom 150

Startup Professionals Musings

JUNE 5, 2020

Passionate reiteration of the idea won’t close funding. Managing marketing metrics and the sales pipeline. Effective marketing requires converting ideas to real content, creating programs to educate channels, and managing metrics to see what works and what needs to change. Detailed product specifications and prototypes.

Ideas 122

Ideas Entrepreneur Startup IBM 122

Both Sides of the Table

NOVEMBER 9, 2014

We all know that funding markets have changed for startups. The trends are well understood: more angels, more seed funds, more crowdsourcing and so forth. They asked LPs to rush to get into their next side-car fund to have access to this great deal plus the LPs also get the “benefit” of investing in their next fund.

Venture Capital 352

Venture Capital Seed Funding Email Blogging 352

Startup Professionals Musings

SEPTEMBER 22, 2022

For example, many investors I know tell me they look for business plans that allocate the largest portion of a requested investment to marketing, but most often see the top “ use of funds ” to be further product or service development. Of course, you can’t possibly brand yourself if you don’t know who you really are.

Marketing 133

Marketing Customer Custom Outsource Development 133

Startup Professionals Musings

MARCH 19, 2021

I believe all of us in business need to practice these actions to improve our effectiveness and leadership, to overcome the tough challenges, including funding and leadership, that we all face: Identify a “higher purpose” that embodies your values. Of course, these must always be balanced with winning business practices for maximum value.

Customer 157

Customer Custom Metrics Ideas 157

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. Count on six months from beginning the funding process until a new check is cashed. Buffer your projected resource requirements.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

SoCal CTO

AUGUST 4, 2011

Of course, it's way more complex than just these questions. How are you funding this? What level of funding do you currently have? What are your key Startup Metrics ? Analytics/Metrics - what are the key startup metrics that you will need to track? It needs to be a conversation. Tell me about the business.

Develop 396

Develop Development Startup SEO 396

Startup Professionals Musings

NOVEMBER 28, 2020

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards.

Tips 161

Tips Startup Social Media News 161

SoCal CTO

AUGUST 4, 2011

Of course, it's way more complex than just these questions. How are you funding this? What level of funding do you currently have? What are your key Startup Metrics ? Analytics/Metrics - what are the key startup metrics that you will need to track? It needs to be a conversation. Tell me about the business.

Develop 384

Develop Development Startup SEO 384

Startup Professionals Musings

FEBRUARY 5, 2020

Yet, in the interest of full disclosure, and an honest intent to save future entrepreneurs some grief and money, I would remind you that starting any business has key dependencies on at least five major elements, including product design and delivery, the right people on the team, adequate funding, a sizable market opportunity, and marketing.

Startup 131

Startup Entrepreneur Examples Customer 131

Both Sides of the Table

MARCH 6, 2015

It is, of course, a very recent phenomenon. At the time almost nobody had heard of the following funds: FirstRound Capital, TrueVentures, Floodgate and SoftTech. By fund II (2007) he was able to raise $15 million (if you watch the video you’ll hear an interesting story of how he did this) and he had a proper fund.

Venture Capital 150

Venture Capital Startup Invest Cloud Computing 150

Startup Professionals Musings

MAY 20, 2023

But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members.

Startup 110

Startup Ideas Entrepreneur Metrics 110

Startup Professionals Musings

NOVEMBER 29, 2019

Do you have the skills and interests to overcome problems, lead people, and find partners and funding? In the real world, evidence indicate the vast majority of new ventures are self-funded, or bootstrapped. The difference relates to how you expect to get funding. In all cases, people management and leadership are key.

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Both Sides of the Table

JANUARY 16, 2014

His fund is > $500 million and I guaranfuckingtee he ain’t calling me if that company is crushing it. Of course I ask more politely that than. You have a big fund. I offered to fund the seed round of a guy I’ve known for years. He opted for two big VC funds up North who split $1.5 But I always ask.

Venture Capital 333

Venture Capital Startup Technical Review Email 333

TechCrunch LA

FEBRUARY 20, 2019

It’s obvious that we can be too late to these decisions of course. From the article: Mithril had its best moment yet last week when a portfolio company, Auris Health, sold to Johnson & Johnson for more than $3 billion — returning at least $500 million to the fund. All appears well. billion it has already coughed up.

Venture Capital 202

Venture Capital Startup Technical Review Invest 202

SoCal CTO

DECEMBER 9, 2009

How are you funding this? What level of funding do you currently have? What are your key Startup Metrics ? Of course, we’ll also discuss the details of the product itself. Of course, that’s the really fun, interesting, challenging work. Tell me about the business. What are the big milestones you have as a business?

Software Development 292

Software Development Develop Development Startup 292

Both Sides of the Table

SEPTEMBER 18, 2014

It’s like we need a finance 101 course for entrepreneurs. There were no metrics. Him: On metrics. If we priced it based on any metrics your company would likely be worth less than 7 figures at your A round. I often will fund 80+% of a round and move quickly. So a convertible note was easier. Your A round?

Venture Capital 417

Venture Capital Capital Pricing Doc 417

Startup Professionals Musings

MAY 4, 2020

Of course, none of these are a substitute for doing your homework on the opportunity, and maintaining the energy to drive it: Break the journey into small sprints with milestones. Define success metrics, and measure progress regularly. We all need to see progress toward a goal to keep us motived and focused.

Startup 123

Startup Outsource Development Entrepreneur Outsource 123

Both Sides of the Table

MAY 2, 2015

For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. For a well-funded A or B round company I have recommended “ leveling up ,” which entails many things but in summary I tell people to “act your stage.” HR & Legal.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

Startup Professionals Musings

NOVEMBER 9, 2019

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or Angel investors in Arizona, where I live. Of course, there are always exceptions, but how much added risk do you need for your startup? Personal relationships do count.

Startup 97

Startup Technical Review Oracle Software Review 97

Startup Professionals Musings

AUGUST 24, 2020

But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members.

Startup 150

Startup Entrepreneur Ideas Metrics 150

socalTECH

JUNE 1, 2012

We had worked together for six years before starting MergeLocal, which came about on the golf course. Can you talk about how your company is funded? Michael Wong: We're with StartEngine, and have received a small amount of seed funding from them. We're also funding it out of pocket.

CTO Coach 223

CTO Coach Startup Mobile Artificial Inteligence 223

Startup Professionals Musings

SEPTEMBER 27, 2015

These days, with the many Internet articles and new courses available, most new professionals readily cross the gap from lack of business knowledge to knowing, but many never make it over the knowing versus doing gap. Use metrics to support judgment in decisions. Metrics are necessary to acquire knowledge and turn it into action.

Develop 103

Develop Development Coach Metrics 103

Both Sides of the Table

FEBRUARY 20, 2019

Of course it happens all the time?—?especially Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. How does control start to change at the B-round of funding? But it’s quite rare. Not really.

Startup 236

Startup Venture Capital Tips Capital 236