InfoChachkie

JANUARY 5, 2015

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

Pricing 100

Pricing Product Startup Customer 100

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. Forecast sales-volume expectations.

Startup 116

Startup Pricing Sales Statistics 116

Both Sides of the Table

MAY 30, 2018

VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals. As an entrepreneur it can feel as intimidating as going to buy a car where the dealer knows the price of every make & model of a car and you’re guessing at how much to pay.

Venture Capital 324

Venture Capital Pricing Startup Invest 324

Startup Professionals Musings

NOVEMBER 23, 2019

Employees and customers alike are looking for meaning, not simply employment and commodity prices. He outlines a three-phase process to develop the necessary business culture of energy, resilience, and openness: Nurture your current leadership strengths. Highlight leaders with business acumen as well as purpose as role models.

Organization 128

Organization Startup Pricing Customer 128

Startup Professionals Musings

FEBRUARY 5, 2021

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. As a rule of thumb, most viable businesses need a gross margin above 50 percent, even on wholesale prices, to cover operational expenses and survive as a business. Forecast sales-volume expectations. Quantify overhead costs.

Startup 147

Startup Pricing Sales Statistics 147

Startup Professionals Musings

NOVEMBER 30, 2022

Implicit in effective marketing of yourself and your solution are a set of skills that every professional needs and can develop over time in business, whether their focus is on career advancement, or starting your own company. Relationships are key to finding opportunities, building trust, and continuous learning.

Startup 113

Startup Customer Custom Technical Review 113

Berkonomics

MARCH 5, 2020

And fifth: Competitive risk. . If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Outsource Development 156

Outsource Development Ideas Resource Patents 156

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. A Biden presidency doesn’t need a Green New Deal to make progress on climate change.

Startup 229

Startup Technical Review Invest Research 229

Tech.Co

DECEMBER 29, 2023

Source: hibobbie.com The company also raised an impressive $70 million in funding in June to acquire the legacy pediatric nutrition brand Nature’s One, bringing its total kitty up to $142 million and helping to secure its competitive advantage in the industry going forward. Calendly calendar screenshot. million site visits in October alone.

Startup 210

Startup Generative AI Newsletter Tool 210

Berkonomics

MARCH 14, 2019

And fifth: Competitive risk. . If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

TechCrunch LA

OCTOBER 22, 2018

Apparently with a physical storefront where it can convince customers of the wonders of on-demand mobility. Update: TechCrunch has confirmed Lime’s plans for the store, and that the deal to build it came through Lime’s investor Fifth Wall Ventures that arranges partnerships between tech companies and real estate developers.

Santa Monica 221

Santa Monica Startup Technical Review Education 221

Startup Professionals Musings

DECEMBER 19, 2022

As a builder of new things and people development, you are not afraid to speak out on significant issues and world challenges. People see you as great for demanding customers and team bonding. Entrepreneurs at this level will seek the minimum cost and quality to be more competitive.

Entrepreneur 110

Entrepreneur Organization Customer Custom 110

Startup Professionals Musings

JUNE 25, 2021

Find out if something very similar is already selling, and who your competition would be if you proceed. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. Start by developing an “elevator pitch” that you can deliver in 30 seconds to hook a potential investor.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

JUNE 7, 2015

Employees and customers alike are looking for meaning, not simply employment and commodity prices. He outlines a three-phase process to develop the necessary business culture of energy, resilience, and openness: Nurture your current leadership strengths. Highlight leaders with business acumen as well as purpose as role models.

Entrepreneur 117

Entrepreneur Organization Startup Pricing 117

Startup Professionals Musings

AUGUST 7, 2020

In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term.

Technical Review 124

Technical Review Layoffs Social Media Metrics 124

Startup Professionals Musings

FEBRUARY 27, 2019

In essence, as a contractor, you are a consultant who is competing regularly for new work, and you constantly have to differentiate your offering from other candidates, including price. Here are some key strategies that I recommend to every worker today: Develop and highlight your competitive differentiation.

Startup 98

Startup Outsource Development Competition Social Media 98

Xconomy

AUGUST 16, 2016

The industry can only go so far with growth through hyper-inflated pricing and mega-M&As. At some point pharma has to figure out how to make more drugs more efficiently, or face major dislocations like business-destroying price controls. The increasing need for new drugs is intense.

Product 40

Product Journal Venture Capital Demand 40

Berkonomics

MARCH 15, 2012

And fifth: Competitive risk. If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

DECEMBER 19, 2017

Employees and customers alike are looking for meaning, not simply employment and commodity prices. He outlines a three-phase process to develop the necessary business culture of energy, resilience, and openness: Nurture your current leadership strengths. Highlight leaders with business acumen as well as purpose as role models.

Startup 59

Startup Organization Pricing Customer 59

Startup Professionals Musings

OCTOBER 9, 2015

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. According to Tim Cook at Apple, there were over 9 million registered developers in 2014. Look for value points to control.

Startup 98

Startup Platform Pricing Netflix 98

Startup Professionals Musings

FEBRUARY 1, 2019

They will have a short memory and no loyalty to “lowest prices” or “easiest to use.” Position your products as delivery for on-demand services. You can’t win by being “just another” company that sells on price. Do the research to find your best competitive advantage, and then highlight and live the differentiation.

Social Media 73

Social Media Customer Custom Mobile 73

Both Sides of the Table

DECEMBER 27, 2011

When they look at buying your company they often think in terms of “how long will it take until I earn back the profits to pay for my acquisition price?” I also try to understand things like how you’re pricing your product, how your competitors price and what your pricing expectations will be in the future.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

NOVEMBER 14, 2017

In the case of MakeSpace we had huge initial successes in New York City as Rahul led the scaling of our drivers, our trucks and our warehouses and we figured out the right price points to beat the local competition. and we were met with weak demand, slow growth and high costs. were more distributed.

Startup 286

Startup Technical Review Customer Custom 286

socalTECH

APRIL 26, 2017

Eugene Cho is CEO of San Diego-based Echo Laboratories (www.discover-echo.com), a startup which is developing a new kind of microscope. Eugene Cho: We have developed the first and only hybrid microscope. We've created an alternative, a hybrid microscope for the price of one. There are typically two types of microscopes.

Tech Coast Angels 124

Tech Coast Angels Startup Sales Slides 124

Startup Professionals Musings

MARCH 27, 2020

As a builder of new things and people development, you are not afraid to speak out on significant issues and world challenges. People see you as great for demanding customers and team bonding. Entrepreneurs at this level will seek the minimum cost and quality to be more competitive.

Entrepreneur 126

Entrepreneur Organization Customer Custom 126

Startup Professionals Musings

APRIL 20, 2014

Employees and customers alike are looking for meaning, not simply employment and commodity prices. He outlines a three-phase process to develop the necessary business culture of energy, resilience, and openness: Nurture your current leadership strengths. Highlight leaders with business acumen as well as purpose as role models.

Startup 91

Startup Organization Pricing Customer 91

Both Sides of the Table

OCTOBER 30, 2014

Was there consumer demand? If electricity could be transferred like WiFi but as safe as a soundwave we use on pregnant women’s bellies and at a price-point that was attractive this is a multi-billion market. No brainer. Could we produce this at cost? Did anybody hold patents that would prevent us from using this technology?

Technical Review 418

Technical Review Software Review CTO Hire IP 418

socalTECH

FEBRUARY 9, 2010

We Create Demand for California's Technology Companies. www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. Contact Scott Herson for an overview, pricing and information at herson@joyent.com or 949-861-1069. Silicon Valley Bank (www.svb.com).

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

Both Sides of the Table

FEBRUARY 7, 2013

In the same year they won Business Insider’s Startup competition. Because I knew that Ethan was on to a powerful idea and one in which he had developed huge competence and domain knowledge in. I was standing with him when he won the TechCrunch 50 award. Nice sweep! But Ethan had left by the time of the acquisition.

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

socalTECH

APRIL 26, 2017

Eugene Cho is CEO of San Diego-based Echo (www.discover-echo.com), a startup which is developing a new kind of microscope. Eugene Cho: We have developed the first and only hybrid microscope. We've created an alternative, a hybrid microscope for the price of one. The startup is backed by the Tech Coast Angels and Dolby Ventures.

Tech Coast Angels 100

Tech Coast Angels Startup Sales Slides 100

Startup Professionals Musings

JANUARY 4, 2015

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. As a rule of thumb, most viable businesses need a gross margin above 50 percent, even on wholesale prices, to cover operational expenses and survive as a business. Forecast sales-volume expectations. Quantify overhead costs.

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

InfoChachkie

MAY 19, 2011

Agree to Bundling Without a Minimum Price. Although necessary, “stepping stone” approach of initially utilizing smaller VARs to enter new geographic markets can become problematic as your business grows, because large VARs often demand uncontested, broad, multi-country coverage. Forgo Change of Control or Agree to a ROFO or ROFR.

Outsource Development 193

Outsource Development IP Technical Review Entrepreneur 193

Both Sides of the Table

MARCH 25, 2016

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. What price will your customer ultimately accept? Competition. The US market is worth more than $25 billion and Europe is the same.

Startup 150

Startup Marketing Study SEO 150

Both Sides of the Table

FEBRUARY 28, 2018

If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it. There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers.

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

FEBRUARY 7, 2012

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. Analyze how competition will react. Will your competitors quickly copy you, or under-price you? These don’t get funded.

Technology 91

Technology Funding Competition Entrepreneur 91

Berkonomics

NOVEMBER 7, 2013

And what upsets people is that there are different quantities of those components available in the economic marketplace; and the law of supply and demand is pretty good about consequently assigning a value to them. What confuses us is that the components can all reside in one person, or multiple people. BUT good ideas are NOT hard to find.

Startup 189

Startup Sales Ideas Entrepreneur 189

Tech Zulu Event

MARCH 1, 2012

After over four years of app development, there are no new ideas under the sun. Niche apps can usually demand a higher price point because there isn’t much competition out there. Having competition isn’t a bad thing. As any investor will tell you, competition in a space means that there is a need for a solution.

Marketing 97

Marketing Startup Software Review Competition 97