article thumbnail

10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Investors don’t invest in services startups. Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. These are more likely scalable and investable. Outsource what is non-strategic to optimize leverage. Word-of-mouth does not scale.

Tips 135
article thumbnail

A Conversation With Appetize's Kevin Anderson On Getting Customer Service Right

socalTECH

As part of the lead in to the conference, and as a part of our sponsor relationship with the conference, we're running a series of interviews with speakers from the conference about their experience in the area of recurring revenues, customer service, and similar topics. The second, was investing in relationship management and support.

Custom 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. I see it as an opportunity to find new ways to attract customers , make long-needed changes to improve productivity, and lower your own costs of doing business.

article thumbnail

Don’t get hung up on early stage valuation.

Berkonomics

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. And here’s the “why.”. More of my stories.

article thumbnail

TaskUs Takes $250M From Blackstone

socalTECH

Santa Monica-based business outsourcing service provider TaskUs , founded by Bryce Maddock and Jaspar Weir, said this morning that it has raised $250M in an investment round. The investment came from private equity investor Blackstone Group. According to TaskUs, the funding round values the company at $500M. READ MORE>>.

Outsource 100
article thumbnail

TaskUs Expands In New Mexico

socalTECH

Santa Monica-based business process outsourcing provider TaskUs says it is expanding its operations again, this time, in Albuquerque, New Mexico. According to TaskUs, it expects to create nearly 700 jobs in downtown Albuquerque, for a new Technical Operations and Customer Experience Center. READ MORE>>.

article thumbnail

5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

Outsourcing the entirety of building a new system. Outsourcing may look like a quick and easy solution, but you can’t let a partner or supplier drive your business strategy and direction, and it will never absolve you of the responsibility of providing business success. Not accepting failure on any of the new elements.