Both Sides of the Table

NOVEMBER 9, 2012

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” So entry price matters a lot. Outsourcing can be cheap.

Startup 323

Startup Technology Venture Capital Santa Barbara 323

Startup Professionals Musings

JANUARY 14, 2023

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Tips 135

Tips Invest Startup Outsource 135

Startup Professionals Musings

APRIL 29, 2023

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price.

Startup 111

Startup Training Services Writing 111

InfoChachkie

OCTOBER 13, 2009

Surely a savvy, modern-day entrepreneur can utilize online tools to leverage young peoples’ collective energy and fervor. . Sales – Many publishers, including Grit, encouraged newspaper boys to create new routes and expand existing ones by aggressively selling subscriptions to non-subscribers. free weekly Infochachkie articles!

Web 2.0 222

Web 2.0 Web Sales Outsource Development 222

Startup Professionals Musings

JULY 27, 2014

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

AUGUST 3, 2020

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 9, 2020

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The sales professional.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

Startup Professionals Musings

APRIL 19, 2020

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Startup 154

Startup Outsource Ideas Research 154

InfoChachkie

MAY 19, 2011

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.” Agree to Bundling Without a Minimum Price.

Outsource Development 193

Outsource Development IP Technical Review Entrepreneur 193

Startup Professionals Musings

MAY 29, 2011

Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Business model, executive team, marketing & sales, financials, and funding.

Product 93

Product Entrepreneur Outsource Development Competition 93

socalTECH

MAY 7, 2012

Fine Art America handles all of the details of fulfilling sales for images. You hit submit, and your images are instantly available for sale as prints on our website. had their first sales, which made us profitable. My only expense at the time was $8 a month for a server, so the first sale made us profitable. the payroll.

Santa Monica 258

Santa Monica Pricing Sites Sales 258

InfoChachkie

MAY 16, 2011

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. 1) Expect Independent Channel Sales Reps To Perform Missionary Sales. Rationale: I cannot afford to hire a direct sales force.

Startup 242

Startup Outsource Development Outsource Sales 242

Startup Professionals Musings

SEPTEMBER 13, 2015

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Outsourcing your core competency does not work.

Technical Advisors 105

Technical Advisors Outsource Development Startup High Tech 105

Startup Professionals Musings

JUNE 11, 2014

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a new book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Outsourcing your core competency does not work.

Technical Advisors 98

Technical Advisors Startup Outsource Development High Tech 98

Startup Professionals Musings

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 97

Sales Customer Custom Outsource 97

Startup Professionals Musings

MAY 24, 2015

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

Outsource Development 99

Outsource Development Startup Competition Ideas 99

Startup Professionals Musings

JANUARY 11, 2015

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. business entrepreneur investable scalable startup' Are you feeling the need yet in your own startup?

Startup 103

Startup Outsource Invest Ideas 103

Startup Professionals Musings

FEBRUARY 18, 2018

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The sales professional.

Technical Advisors 57

Technical Advisors Startup Outsource Development High Tech 57

Both Sides of the Table

JULY 19, 2011

Yet a critical mistake I see many entrepreneurs make is that they hand over too much control to their third-parties. They outsource the critical negotiations and “trust their advisors to handle the details.&# I obviously preferred the lowest price and I wanted the latest move-in date. Real Estate professionals.

Venture Capital 319

Venture Capital Pricing Startup Outsource 319

Startup Professionals Musings

SEPTEMBER 7, 2013

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. entrepreneur startup investor scalability business' Are you feeling the need yet in your own startup?

Tips 111

Tips Startup Outsource Ideas 111

Startup Professionals Musings

JANUARY 29, 2011

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 98

Sales Customer Custom Outsource 98

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. And stop effing around trying to create a product company.&#.

Services 332

Services Venture Capital IP Startup 332

Tech Zulu Event

AUGUST 13, 2013

Lack of understanding about your business costs is one of the biggest rookie mistakes—and, if you are a new entrepreneur, heading up a new venture, or attacking a new marketplace, you are indeed a rookie. Your sales forecast is an essential variable for cash and profit planning. Create a Marketing Plan. Rethink Your Hiring Strategy.

Outsource Development 91

Outsource Development Outsource Startup Marketing 91

Startup Professionals Musings

MAY 28, 2016

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

Ideas 62

Ideas Outsource Development Startup Competition 62

Startup Professionals Musings

SEPTEMBER 2, 2018

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

JUNE 27, 2014

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price.

Services 105

Services Startup Training Writing 105

Tech Zulu Event

MARCH 1, 2013

Especially keep an eye on the balance between expenses and sales. Unfortunately for those entrepreneurs who aren’t “number people,” a budget is never one and done. Entrepreneurs often miscalculate their personnel costs: who you need, what you need to pay them, and how long (and how much it will cost) to source them.

Startup 93

Startup Pricing Outsource Competition 93

Tech Coast Venture Network

MAY 15, 2011

Guest luminaries from the start-up, entrepreneurial, funding, technology and political worlds will mingle with local entrepreneurs and business leaders to discuss the current state of small business innovation and advancement in the Orange Coast. The price increases to $65 after April 23rd and $125 at the door.

TCVN 113

TCVN Technology AeA Press 113

Startup Professionals Musings

FEBRUARY 14, 2016

No product, even with a large opportunity, is ready to scale until you can show it working, with multiple customers paying the full price, to validate the business model. Outsource what is non-strategic to optimize leverage. Use a minimum viable product (MVP) to validate the model.

Funding 67

Funding Startup Outsource Ideas 67

Startup Professionals Musings

AUGUST 20, 2012

Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Business model, executive team, marketing & sales, financials, and funding.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

AUGUST 17, 2016

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price.

Services 61

Services Startup Training Writing 61

SoCal Delicious

MAY 6, 2012

where entrepreneurs share their stories. 63 Los Angeles Entrepreneurs To Be Proud Of By mario on May 2, 2012 in Features , grid. Free Corporations For First-Time Entrepreneurs. Right now they’re setting up 500 free corporations for first time entrepreneurs. Here are 62 63 Los Angeles entrepreneurs we can be proud of.

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Startup Professionals Musings

MAY 9, 2010

Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Business model, executive team, marketing & sales, financials, and funding.

Product 48

Product Outsource Development Competition High Tech 48

Both Sides of the Table

SEPTEMBER 8, 2009

I don’t believe you can hire great business people who outsource the development to a hot incubator who builds you code to match your ambitions. Do you really think Porter’s Five Forces is going to help you figure out what feature set to launch or how to price your product? Sales is the lifeblood of every organization.

Startup 337

Startup Venture Capital Study Course 337

Jason Nazar

MAY 2, 2016

Create a sales forecasts and financial projections regularly. Speak to entrepreneurs and leaders in your industry and consider asking them to be your mentor. Determine a pricing system for your product(s). Execute the 5 Step Sales Process. Determine the price of your services. Recommended. Recommended.

Outsource Development 40

Outsource Development Startup Google Mentor 40

InfoChachkie

DECEMBER 2, 2009

As Marketing Guru Guy Gabriel of Idea Engineering points out in Max Brand , viral marketing has made many an entrepreneur terminally ill. However, you are only paid for ads that generate sales. Such actions include sales, trials, leads, downloads, etc. If you benefit from true word-of-mouth marketing, consider yourself lucky.

Customer 164

Customer Custom Advertising SEM 164

Tech Zulu Event

NOVEMBER 18, 2011

This article will cover two things; First, the top mistakes small business owners make that end with inquiries leading you to the exit door before making a sale. An entrepreneur having low self worth is the number one deterrent for a potential customer not buying into what you are selling. The word “convince” shouldn’t exist in sales.

Customer 85

Customer Custom Marketing SEO 85