Competition Demand Invest Statistics 
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. Calculate investment amounts and timing.
Startup Professionals Musings
OCTOBER 21, 2022
The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.
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Startup Professionals Musings
FEBRUARY 5, 2021
External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Check competitor numbers and industry average statistics to get you in the right range. Calculate investment amounts and timing. How else will you be able to convince yourself and your team that your business is viable?
Startup Professionals Musings
JANUARY 24, 2020
The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.
TechCrunch LA
DECEMBER 31, 2022
Despite that apparent hunger, two scooter operators – Lyft and Spin – recently exited the Los Angeles area, blaming a lack of favorable regulations and too much competition, which apparently made it difficult to turn a profit. “This had led to an imbalance of vehicle supply to rider demand as operators over-saturate the market.”
Startup Professionals Musings
JANUARY 4, 2015
External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Check competitor numbers and industry average statistics to get you in the right range. Calculate investment amounts and timing. How else will you be able to convince yourself and your team that your business is viable?
Startup Professionals Musings
OCTOBER 9, 2015
The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.
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