68 things not to do in your SaaS company by Anand Sanwal of CB...read more
Just 3 minutes of your time and you just may look at things a little...read more
The Wall Street Journal released its annual U.S. Airline performance study results showing significant improvement in many areas, such as on-time arrivals, improved luggage handling, and fewer complaints. Here’s what they had to say. Airline service is...read more
SecureSet Academy is taking it CORE Technical Bootcamp on the road to Colorado Springs targeting local veterans and other technology professionals who want to move into the fast-growing industry. The 36-week class that begins Jan. 30 is designed to prepare workers to...read more
The science of transportation has long been about traffic data as well as the physics of structural engineering. CDOT has teamed up with Galvanize to accelerate their data science capabilities while allowing Galvanize to grab a large traffic data set to educate...read more
“How do you know it’s the right time to scale?” is a question we get all the time and for good reasons. There are many factors involved, from economic cycles and your market’s appetite for investment to competitive pressures and capital availability, just to name a few. These are both within and beyond your control and change often.
What does not change is your need to have a problem, solution, and business model that fit together tightly; a process for consistently evaluating the results of your actions; and a well thought out plan for scaling based on continued success. Yes, there are many stories of successful businesses which bet the farm and beat the odds. These are still around, so we hear about them. We also hear about the grand investment flops where hundreds of millions of dollars were lost. We don’t hear as much about the far more numerous failures where unproven sales practices, marketing campaigns, or product designs were replicated with little success and lots of expense.
In this, the third part of a multi-part series on managing risk in high-growth technology companies, we’ll discuss common errors made when scaling rapidly and discuss a way to manage those risks. Read the full article.read more
On its fifth round to highlight startup ecosystems around the US, Steve Case announced that the Rise of the Rest startup bus tour will make its way to some of America’s mountain cities in the west. Omaha/Lincoln, NE; Denver, CO; Salt Lake/Provo, UT; Albuquerque, NM;...read more
Business Model Risks
Achieving Product/Market Fit is a critical milestone for every new product. Many companies never reach this stage. The stage where companies seek a path to sustainable growth and long-term profitability. Product/Market Fit is to be celebrated, but it is not a guarantee of success. Once you have proved Product/Market Fit, the heavy lifting begins.
In this, the second part of a multi-part series on managing risk in high-growth technology companies, we’ll explore the steps after Product/Market fit to test various business models and…
Business Book Review
Verne Harnish’s book, Scaling Up, builds on the proven methods for building and maintaining growth for small and medium size businesses that he first proposed in the 2002 best selling book, Mastering the Rockefeller Habits. This book is a great read for all levels of management and…read more