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7 Stages In The Evolution Of A Startup To A Business

Startup Professionals Musings

As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. With a startup, everything is an experiment. Many don’t survive the change.

Startup 137
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

If you are one of the many entrepreneurs who aspire to get beyond the “art of the start,” there are some proven principles to follow. Very few startups are cash-rich enough to self-finance aggressive second-stage growth. Of course, that means a new level of risk, giving up some control, and a new business plan.

Sales 147
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10 Metrics To Drive Your Annual Business Review

Startup Professionals Musings

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition.

Metrics 100
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10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

If you are one of the many entrepreneurs who aspire to get beyond the “art of the start,” there are some proven principles to follow. Very few startups are cash-rich enough to self-finance aggressive second-stage growth. Of course, that means a new level of risk, giving up some control, and a new business plan.

Startup 97
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Balance Your Marketing Spending Between Free and Fee

Startup Professionals Musings

But startups need to remember that even zero paid media doesn’t mean that marketing is free. New products and startups often require a culture shift to drive acceptance, which can best be accelerated by zealots or a visible chief disciple, like Steve Jobs. Long-term sales.

Marketing 127
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7 Keys For Moving A Startup To A Sustainable Business

Startup Professionals Musings

As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. With a startup, everything is an experiment. Many don’t survive the change.

Startup 125
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8 Startup Lessons From “The Founder” Movie

InfoChachkie

Lesson: “To a contrarian like me, constant advice not to do something almost always starts me quickly down the risky, unpopular path.” Measure What Matters – The McDonald brothers were dogmatic about tracking metrics. They’re driven by metrics that don’t matter.” Brad Feld, American Venture Capitalist.

Startup 100