Startup Professionals Musings

NOVEMBER 2, 2022

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Risk is more manageable with subscriptions and even freemium pricing. In reality, all risks are not the same.

Resource 121

Resource Metrics Entrepreneur Custom 121

Startup Professionals Musings

OCTOBER 21, 2022

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. This freemium model has been used for years by web apps. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Even a conversion rate of one percent can build a healthy business.

Develop 138

Develop Development Platform Mobile 138

InfoChachkie

NOVEMBER 10, 2011

Entrepreneurs often must take counter-intuitive, contrarian positions in order to succeed. As noted in Entrepreneurship Is A Compulsion , entrepreneurs often view the world from a slightly different vantage point, rejecting the oxymoronic term Conventional Wisdom. . That’s logic.”. Lewis Carroll, from Through The Looking Glass.

Entrepreneur 230

Entrepreneur Software Review Allegis Metrics 230

Startup Professionals Musings

MARCH 12, 2022

In my experience as an angel investor to startups, goodwill disagreements are perhaps the most common reason that you will fail to close interested investors as an entrepreneur. If you are the entrepreneur or owner, every potential investor takes a hard look at you. Quality of your technical and business teams.

Technical Review 147

Technical Review Social Media Entrepreneur Startup 147

Tech.Co

AUGUST 17, 2015

Come meet some of LA’s most cutting‐edge industry leaders in this year’s 2nd annual and only FREEMIUM Tech Summit. Whether you’re an entrepreneur, a start­‐up, a digital industry professional/executive, CEO or investor; you won’t want to miss this!

Los Angeles 70

Los Angeles Google Angel Networking 70

Startup Professionals Musings

OCTOBER 8, 2022

Most entrepreneurs realize that doubling their revenue each year puts them in a premium category with investors, so that may be your first target. The most common business models these days include the subscription model, freemium model and ecommerce. Yet they can be done by a simple financial model in a few milliseconds.

Startup 147

Startup Pricing Sample Custom 147

Startup Professionals Musings

OCTOBER 11, 2023

In reality, based on my experience as a startup advisor and investor, these constraints lead the best entrepreneurs to the most innovative solutions and new markets otherwise overlooked by their peers and competitors. Adopt alternative business models to address challenges. Outsourcing of manufacturing is another option.

Resource 111

Resource Competition Outsource Development Startup 111

Both Sides of the Table

MARCH 3, 2013

We talked about how business school historically hasn’t positioned entrepreneurs well for success. I wrote about that before in a post about “ whether MBAs are necessary for entrepreneurs. His class reading lists could be a primer for any entrepreneur, not just MBAs.

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

Startup Professionals Musings

JUNE 29, 2010

Many entrepreneurs think that risk is just an “occupational hazard” that can be minimized or eliminated by a smart businessman. Proactively implementing new business models, like subscriptions and “freemium” pricing, are good risks, while linearly lowering old product prices is a bad risk. That way of thinking is simplistic and wrong.

Entrepreneur 97

Entrepreneur Pricing SaaS Competition 97

socalTECH

SEPTEMBER 23, 2020

Constance Curtis: I have been a successful entrepreneur for the past thirteen years. At that time, I didn't know it would cost me $14,000 to hire my own personal matchmaker, and leaving my first meeting when I learned that, and being an entrepreneur, I realized I had identified a huge problem. How did you start the company?

Startup 203

Startup Entrepreneur Southern California Netflix 203

Startup Professionals Musings

FEBRUARY 26, 2023

If you are an entrepreneur not using this model, it may be time to consider a pivot. If you already have many followers for some limited free offerings, this also becomes a natural freemium upgrade. Private club model.

Startup 117

Startup Pricing Custom Customer 117

InfoChachkie

MAY 12, 2011

It was a great precursor to being an entrepreneur. You don’t need to go to business school and you don’t have to have an MBA to be a great entrepreneur and in some cases it (an MBA) can dull your entrepreneurial instincts. " "I’m a really big fan of Freemium. "Yes (laughs)!

Pepperdine 234

Pepperdine Startup Santa Barbara Class 234

Startup Professionals Musings

JANUARY 24, 2020

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. This freemium model has been used for years by web apps. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Even a conversion rate of one percent can build a healthy business.

Mobile 126

Mobile Develop Development Platform 126

Startup Professionals Musings

JANUARY 6, 2020

Most entrepreneurs realize that doubling their revenue each year puts them in a premium category with investors, so that may be your first target. The most common business models these days include the subscription model, freemium model and ecommerce. Yet they can be done by a simple financial model in a few milliseconds.

Startup 123

Startup Pricing Sample Custom 123

Startup Professionals Musings

SEPTEMBER 11, 2021

One or more of the following parameters are viewed by most investors as traction indicators, but good entrepreneurs are often creative and define their own to supplement these: Start with sales to-date for a priced offering. Free and freemium products need a solid base.

Startup 121

Startup Metrics Custom Customer 121

Startup Professionals Musings

MAY 27, 2020

If you are an entrepreneur not using this model, it may be time to consider a pivot. If you already have many followers for some limited free offerings, this also becomes a natural freemium upgrade. Private club model.

Startup 168

Startup Custom Customer Netflix 168

Startup Professionals Musings

NOVEMBER 14, 2015

Every entrepreneur is quick to tell friends and potential investors about his or her vision of changing the world, about all the customers who have expressed an interest, and about all the other investors who are lining up to get a piece of the action. Especially for free or freemium products, the rate of new signups is critical.

Acquisition 100

Acquisition Entrepreneur Custom Customer 100

InfoChachkie

MARCH 1, 2011

In such cases, a Freemium solution might be the appropriate initial market foray. To learn how to not launch a Freemium solution, see Making Freemium Customers Pay. A Valuable Brand. Growing up in working-class families, the Beatles wanted to provide their fans with as much value as possible.

Product 232

Product Marketing Sales Custom 232

Startup Professionals Musings

SEPTEMBER 9, 2015

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Risk is more manageable with subscriptions and even freemium pricing. In reality, all risks are not the same.

Startup 115

Startup Resource Metrics Entrepreneur 115

InfoChachkie

OCTOBER 8, 2012

Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. Fortunately, for such startups, there are a number of precursors to paid customers, such as: trial users, freemium customers and qualified prospects.

Venture Capital 265

Venture Capital RSS Custom Customer 265

SoCal CTO

JANUARY 5, 2011

Grade A Entrepreneurs , September 5, 2010 Why Krispy Kreme failed in Australia - Start Up Blog , November 3, 2010 Mellow Johnny’s: Retail Stores as Community Hubs - IDDICTIVE.COM , July 14, 2010 Is crowdfunding an option for my business?

Startup 378

Startup Venture Capital Blogging CTO Coach 378

Tech Zulu Event

AUGUST 19, 2013

Silicon Valley’s 9+, an accelerator founded by serial entrepreneur and company builder Peter Relan is investing $110,000 into game developers to quit developing games and shift to consumer, mobile, Big Data and wearable apps. 110,000 to quit developing games for wearable apps. 2 million raised. 2 million raised.

Startup 79

Startup Develop Development Incubator 79

Startup Professionals Musings

AUGUST 27, 2014

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Risk is more manageable with subscriptions and even freemium pricing. business calculated risks entrepreneur smart risks startup'

Startup 113

Startup Resource Metrics Entrepreneur 113

Startup Professionals Musings

FEBRUARY 17, 2018

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Risk is more manageable with subscriptions and even freemium pricing. In reality, all risks are not the same.

Resource 64

Resource Metrics Entrepreneur Custom 64

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. This relates to another great post Freemium Founders: Start Charging for Things Today!

Pricing 150

Pricing Acquisition Custom Customer 150

Startup Professionals Musings

FEBRUARY 28, 2015

The way to start is with a sample financial model, freely available from many sources on the Internet, such as this one from Entrepreneur. Most entrepreneurs realize that doubling their revenue each year puts them in a premium category with investors, so that may be your first target. entrepreneur Excel financial model startup'

Startup 103

Startup Pricing Sample Custom 103

Startup Professionals Musings

FEBRUARY 29, 2016

Every new entrepreneur soon realizes he or she has some big ones, but very few figure out how to use these them to their advantage. I believe that the resourcefulness to turn constraints into competitive differentiators and new opportunities is a trait that separates the great entrepreneurs from the “wannabes.”

Startup 57

Startup Resource Entrepreneur Outsource 57

Both Sides of the Table

FEBRUARY 3, 2011

If you have or are thinking about a business in the video space you’ll enjoy hearing from Gregg but even more broadly this is a great conversation for entrepreneurs, investors or industry analysts. Why do a freemium model? In many freemium business this conversion is in the single digit percentages. Here’s the link.

Startup 303

Startup Venture Capital Pricing Writing 303

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. This freemium model has been used for years by web apps. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Even a conversion rate of one percent can build a healthy business.

Startup 98

Startup Platform Pricing Netflix 98

Startup Professionals Musings

DECEMBER 1, 2017

I was mentoring some graduate students at a local university recently, and I sensed again that profit seems to be a dirty word these days to many aspiring entrepreneurs. Freemium model – people pay for upgrade. Every business needs to develop a revenue model even before a product. Facebook spent $150 million getting started.

Pricing 66

Pricing Custom Customer Advertising 66

socalTECH

NOVEMBER 20, 2020

We are observing that users who switch to our premium plan are seeing their credit score rise even higher than those on the freemium plan. We found that over time, users with no credit history whatsovere see their credit score increase over nine months to between 620 and 720.

Netflix 203

Netflix Platform Report Services 203

InfoChachkie

MARCH 9, 2016

Entrepreneurs see the world like a cash booth from a 1950’s game show. Once you begin seeing the world with the eyes of an entrepreneur, you realize that money-making opportunities are all around you. the smartass entrepreneur replied, “It’s called business. A version of this article previously appeared Forbes.

Startup 100

Startup Ideas Santa Barbara Entrepreneur 100

InfoChachkie

MARCH 7, 2016

Entrepreneurs see the world like a cash booth from a 1950’s game show. Once you begin seeing the world with the eyes of an entrepreneur, you realize that money-making opportunities are all around you. the smartass entrepreneur replied, “It’s called business. A version of this article previously appeared Forbes.

Startup 100

Startup Ideas Santa Barbara Entrepreneur 100

Startup Professionals Musings

MARCH 2, 2015

If you are an entrepreneur not using this model, it may be time to consider a pivot. If you already have many followers for some limited free offerings, this also becomes a natural freemium upgrade. business model entrepreneur startup subscription' Private club model. Do your homework before jumping in with both feet.

Startup 106

Startup Custom Customer Netflix 106

Startup Professionals Musings

OCTOBER 2, 2012

Most entrepreneurs think that risk is just an “occupational hazard” that can be minimized or eliminated by a smart businessman. Proactively implementing new business models, like subscriptions and “freemium” pricing, are good risks, while linearly lowering old product prices is a bad risk. That way of thinking is simplistic and wrong.

Pricing 103

Pricing SaaS Competition Social Network 103

Startup Professionals Musings

AUGUST 31, 2014

Freemium model. A key challenge for every entrepreneur seeking funding is to convince potential investors that the marketing model will substantiate your positive revenue model, customers will buy the offering, and you have a viable business model. business business model entrepreneur revenue model startup' Marty Zwilling.

Startup 114

Startup Pricing Custom Customer 114

Startup Professionals Musings

FEBRUARY 26, 2013

One or more of the following parameters are viewed by most investors as traction indicators, but good entrepreneurs are often creative and define their own to supplement these: Start with sales to-date for a priced offering. Free and freemium products need a solid base.

Startup 106

Startup Metrics Custom Customer 106