article thumbnail

5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

As a summary, crowdfunding today can mean any one of the following five quite different models: Rewards model. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

Funding 141
article thumbnail

Can Your New Venture Pass The Scrutiny Of Investors?

Startup Professionals Musings

Explain that they may be called, and use the opportunity to check their satisfaction with your company and your product. Here is a quick summary of the priorities normally covered by the due diligence process: Evaluation of key players. This will cover the technology, the current state of development, and customer satisfaction.

Insiders

Sign Up for our Newsletter

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

article thumbnail

4 Keys To A Successful Integrity Check With Investors

Startup Professionals Musings

Use this opportunity to validate their satisfaction and support for your company and your solution. For reference, here is a quick summary of key elements which most investors include in their due diligence process: Key personnel review. Visit reference customers, partners, and vendors. Review of opportunity and segmentation.

article thumbnail

5 Ways To Focus Your Strategy On Delighting Customers

Startup Professionals Musings

The world keeps changing, and visible business strategies that worked well in the past, including being the premium brand or low price producer, simply don’t get the customer loyalty they once did. Today, customers are looking for real relationships, a memorable shopping experience, and satisfaction of a higher purpose.

Customer 133
article thumbnail

How To Prepare Your New Venture For Investor Scrutiny

Startup Professionals Musings

Use this opportunity to validate their satisfaction and support for your company and your solution. For reference, here is a quick summary of key elements which most investors include in their due diligence process: Key personnel review. Visit reference customers, partners, and vendors. Review of opportunity and segmentation.

article thumbnail

5 Key Steps For Launching A Successful Startup Today

Startup Professionals Musings

Whether you are charting new territory for pricing models or technology, there is rarely a perfect solution. The best part of the entrepreneur problem-solving lifestyle is that it can bring satisfaction and happiness to your work. This is where I say “two heads are better than one.” Work with a partner you can trust.

Startup 135
article thumbnail

10 Keys For Responding To A Reputation Crisis Online

Startup Professionals Musings

Today your reputation online is more important than your price, service, or location. Here is her summary and mine of the steps that every business owner should follow in assessing and repairing any situation when you sense that your business reputation in is jeopardy: Assess the scope and impact of any negatives.