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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. One of our core tasks was “market analysis,&# which consistent of: market sizing, market forecasts, competitive analysis and then instructing customers on which direction to take. People throw them around at cocktail parties.

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6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

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6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

Marketing 157
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6 Market Research Sources That Fit A Limited Budget

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

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Investors Love A Credible Entrepreneur Market Sizing

Startup Professionals Musings

If 10 percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal-development resources.

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6 Ways To Find A Fundable Startup Market Opportunity

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from Angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

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7 Seed-Stage Funding Sources To Finance Your Startup

Startup Professionals Musings

Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Seed-stage, meanwhil e, is technically that critical period when you need funding to do solution- and business-model development, to prove that your new product or service works, before you try to sell it to customers.

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