TechCrunch LA

SEPTEMBER 30, 2019

The company used its overdraft protection service and money management display to shift customers’ focus away from the total balance that their account would show by giving them a sense of how much was actually left in their accounts once debits were included in their statements.

Company 262

Company Companies Startup Tips 262

Tech.Co

FEBRUARY 16, 2024

As inflation rates spiral and consumer demand takes a hit, business owners are forced to be more mindful of their bottom lines than ever. It's competitive though – last year 18,000 applicants competed for only 12 slots. There's no denying that 2024 is a challenging year to run a business. You can unsubscribe at any time.

Technical Review 193

Technical Review Software Review Startup Competition 193

TechCrunch LA

AUGUST 9, 2022

Beauty may be in the eye of the beholder, but when it comes to getting ahold of an appointment for your hair or another treatment…that’s a different story: The bespoke nature of a lot of the work has meant that a large swathe of the professionals providing these services have stayed offline when it comes to interfacing with customers.

Help 195

Help Startup UCLA Tool 195

Startup Professionals Musings

FEBRUARY 10, 2023

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Both Sides of the Table

MAY 20, 2020

Therein lies the advantages of free markets and competition and if we really believed it were that easy to buy off your largest competitor and be a monopolist we’d all be surfing on AOL TimeWarner portals. Customers were happy and restaurants focused on their in-store business. they just put up with the food delivery company fees.

SaaS 242

SaaS Customer Custom Technical Review 242

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Are you ahead or behind the market with your product or service?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

OCTOBER 21, 2022

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Position yourself to capitalize on the next frontier. Offer premium services after user is hooked. Marty Zwilling.

Develop 138

Develop Development Platform Mobile 138

Startup Professionals Musings

JULY 2, 2022

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. You can grow organically, or stretch out with big capital investments for volume and reach. Proactive marketing is a marketing strategy that focuses on one objective – to generate customers now.

Entrepreneur 153

Entrepreneur Marketing Customer Custom 153

Startup Professionals Musings

OCTOBER 23, 2021

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. Selling too early triggers customer defenses and drives them away. A startup needs to find a voice relevant to its ecosystem.

Education 151

Education Customer Custom Sales 151

Startup Professionals Musings

OCTOBER 16, 2023

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Marty Zwilling

Startup 116

Startup Pricing Sales Statistics 116

TechCrunch LA

DECEMBER 8, 2020

The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. Interestingly, that demand has grown a lot during the pandemic, with demand for new homes as much as four times higher than demand for buying “existing” homes.

Sales 282

Sales Demand San Diego Funding 282

Startup Professionals Musings

NOVEMBER 7, 2022

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. Get prepared for the accelerate and scaling phase.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Startup Professionals Musings

AUGUST 19, 2023

These leaders not only recognize team members who have high potential, but they willingly and selflessly customize their coaching to what these special protégés really need. Measure by relationships as well as competitiveness. Take chances on unconventional talent. Accept high talent turnover as a sign of success.

Oracle 94

Oracle Organization Examples Coach 94

Startup Professionals Musings

AUGUST 10, 2022

Balance of passion with reality and customer feedback. A strong vision and deep insight may get your business off the ground, but long-term success requires constant data analysis, metrics, and attention to your customer feedback. The competition will improve, the market will change, and your customers will demand more.

Mentor 133

Mentor Startup Customer Custom 133

Startup Professionals Musings

DECEMBER 17, 2016

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. Selling too early triggers customer defenses and drives them away. A startup needs to find a voice relevant to its ecosystem.

Capital 58

Capital Startup Education Customer 58

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Berkonomics

MARCH 6, 2014

Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition. Then find a short list of users, customers, and consultants in that industry who are known to be advanced in their thinking as demonstrated by their prior work.

Startup 176

Startup Ideas Customer Custom 176

Startup Professionals Musings

FEBRUARY 5, 2021

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Project your cash burn rate to keep at least 18 months between venture capital or angel investments. That’s no fun for you, your investors or your customers. Marty Zwilling.

Startup 147

Startup Pricing Sales Statistics 147

Startup Professionals Musings

MAY 11, 2020

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 124

Technical Review Funding Innocal Offshore 124

Startup Professionals Musings

JANUARY 24, 2020

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Position yourself to capitalize on the next frontier. Offer premium services after user is hooked. Marty Zwilling.

Mobile 126

Mobile Develop Development Platform 126

Startup Professionals Musings

MAY 29, 2019

A platform is a business model and capability that can be accessed and customized by external users. The platform must capitalize on user-generated content and other people’s work. Create and practice an obsession over customers. Make sure everyone knows it’s their job to maintain empathy and exceed customer expectations.

Commerce 89

Commerce Artificial Inteligence Cloud Computing Platform 89

Both Sides of the Table

FEBRUARY 20, 2019

seed and they are writing $1.25m of it you can expect them to require a board seat) The competitive landscape (If you have several sources of capital you can likely politely decline the board request or can grant them a seat but ask for it to be “common appointed” and those revokable if you need in the future). But it’s quite rare.

Startup 236

Startup Venture Capital Tips Capital 236

Startup Professionals Musings

DECEMBER 4, 2020

These leaders not only recognize team members who have high potential, but they willingly and selflessly customize their coaching to what these special protégés really need. Measure by relationships as well as competitiveness. Take chances on unconventional talent. Accept high talent turnover as a sign of success.

Oracle 124

Oracle Organization Examples Coach 124

Startup Professionals Musings

SEPTEMBER 27, 2019

A theme I often hear from the entrepreneurs and startups I advise is that once they see that first surge of traction from customers, they can relax and enjoy life for a change. In today’s world of growing competition and customer evolution , holding your own, and growing to the next level is a constant challenge that can never be ignored.

Ideas 77

Ideas Customer Custom Competition 77

Startup Professionals Musings

MAY 2, 2022

They assure us that your fears and qualms are normal, but the next step in your journey is more than possible if you focus on this key set of practices with full intention, awareness, and agility-in-action: Capitalize on your best talents and strengths. Embrace the real you as your competitive advantage.

Entrepreneur 90

Entrepreneur Satisfaction Coach Mentor 90

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. Second: Market risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

JANUARY 6, 2019

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. Selling too early triggers customer defenses and drives them away. A startup needs to find a voice relevant to its ecosystem.

Startup 97

Startup Education Customer Custom 97

Both Sides of the Table

FEBRUARY 28, 2018

When a product is truly unique and demanded a retailer willingly promotes and sells it en masse in part because it does get margin on the good but also because it brings customers in the door who spend on other products. Ariel understood her customer?—?the So Why Does This Matter? the modern buyer of home products?—?better

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

SEPTEMBER 30, 2019

As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. You can grow organically, or stretch out with big capital investments for volume and reach. Proactive marketing is a marketing strategy that focuses on one objective – to generate customers now.

Entrepreneur 107

Entrepreneur Marketing Customer Custom 107

Both Sides of the Table

NOVEMBER 14, 2017

There is nothing more pure than building a product, putting it out in the world and seeing paying customers using your product and in some cases loving it. As a startup in this phase you often raise capital, get press, hire staff and everything feels possible. How long does it take me to pay back my original customer acquisition costs?

Startup 286

Startup Technical Review Customer Custom 286

Startup Professionals Musings

FEBRUARY 1, 2019

The right strategy for branding these days is to create a most memorable total customer experience for customers, rather than a focus on hyping the product and the company name. Here are some key recommendations for building your branding plan: Find out who your customers are through social media.

Social Media 73

Social Media Customer Custom Mobile 73

Both Sides of the Table

JUNE 28, 2018

Today the company officially announced its most recent round of capital ?—?having While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. having raised $300 million?—?less

Santa Monica 256

Santa Monica Funding Startup Course 256

Both Sides of the Table

FEBRUARY 17, 2011

For many businesses you should keep your costs low & your capital raises low until you discover whether you are really on to a big idea where there is market demand. When you see evidence that there is this so called “product / market fit&# then you may be ready for larger amounts of capital. How do you push valuation?

Help 303

Help Startup Competition Framework 303

Startup Professionals Musings

DECEMBER 5, 2013

Even without B-Corp status, entrepreneurs are speaking out more on the positives to support business models that benefit not just shareholders, but customers, workforce, the environment, and the greater community. Startups can use social responsibility as a competitive advantage. It is easier to recruit and retain human capital.

Startup 101

Startup Organization Entrepreneur Customer 101

socalTECH

APRIL 26, 2017

The first thing you are trained on, is to qualify customers and figure out if they need upright or inverted microscopes. Eugene Cho: We had a seed round for less than $3M, and we did a note round with the Tech Coast Angels for $2M after we won their Quick Pitch competition, over about 150 other companies. but internationally.

Tech Coast Angels 124

Tech Coast Angels Startup Sales Slides 124

socalTECH

AUGUST 27, 2014

We spoke with one of those companies-- El Segundo-based ConsumerTrack (www.consumertrack.com)--which is a $30M, bootstrapped an online marketing company which is driving millions of customers to big name, financial customers. What is ConsumerTrack all about? Brett Rossman: ConsumerTrack is a performance-based, online marketing company.

Startup 239

Startup El Segundo Marketing Media 239

Both Sides of the Table

DECEMBER 27, 2011

You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off. Have easy access to capital by investors who are committed to building businesses at Interent scale. Internet scale. What makes up revenue?

Startup 418

Startup Venture Capital Sales Technical Review 418