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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Hire more help than helpers. In addition to fresh products, you need people smarter than you for real help, with the right combination of skills, experience, and passion to foster and manage new growth. Switch your attention from product development to sales. Managing business growth is more than metrics.

Sales 147
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AKUA lands $3.2M to turn kelp into burgers

TechCrunch LA

In 2019, the company came out with its first product, Kelp Jerky, which comes in four flavors, and was a product Boyd Myers thought would be a good trial run to help people see ocean-farmed kelp in a new way. “It Boyd Myers explained that there are sales and repeat customers, but it was too early to discuss growth metrics.

Startup 191
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7 Keys To Sustainably Enriching Your Customers’ Lives

Startup Professionals Musings

A winning linked focus example is to choose a higher purpose common to all cultures, such as protecting the environment, or helping the underprivileged. Your goal must be to make every aspect of a customer interaction a joy to both you and them, starting from the shopping experience, to the sales close, to delivery and service.

Customer 114
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9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

In the spirit of helping you avoid some of our own learning experiences with startups, I will paraphrase here the nine key stages that he and I both see most businesses going through in their evolution from a startup to a successful and stable entity: You can’t sustain a business without positive cash flow. Stay in your personal sweet spot.

Metrics 140
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10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

Hire more help than helpers. In addition to fresh products, you need people smarter than you for real help, with the right combination of skills, experience, and passion to foster and manage new growth. Switch your attention from product development to sales. Managing business growth is more than metrics.

Startup 97
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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. For market changing products, build first a minimally viable product (MVP), and never build products for sale until you have real orders in hand. Hire real help and learn to delegate.

Startup 161
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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

For starters you have to realize that fund-raising is a sales process. A brochure is an easy out for you in the sales process without being rude. We did some outbound sales & marketing, we responded to some inbound enquiries that came “over the transom” from marketing activities and we responded to RFPs (requests for proposal).

Funding 336