Learn more about entrepreneurship with this collection
How to create customer-centric strategies
The importance of empathy in customer success
The impact of customer success on business growth
‘HubSpot could be profitable if we wanted to, our current revenue run rate is in excess of $20 million. We just believe that there are tens or hundreds of thousands of businesses that we can help transform with better marketing (beyond the 3,000+ that use our product today). We want to continue to grow fast and be the leader in this market, so we are investing in even more rapid growth. There are many things that worry me, but our ability to be profitable is not one of them’
HUBSPOT FORMER CMO MIKE VOLPE
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MORE IDEAS ON THIS
The Three Biggest Reasons Why SAAS Startups Fail
SAAS is a means by which applications are delivered over the internet, saving you from the burden of installation, management and continuous updates that comes with the traditional purchase and use of a software or application.
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1. Lack of market
Loving a business idea is not enough to make it successful and a lot of SAAS startups have had to experience the heartbreak that comes with this lesson. CBI insights report that about 42% of cloud startups stop operations due to this cause. I call it the passion trap and to avoid falling into it,...
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70 reads
2. Poor Management team
Visionary managers understand that for a startup to thrive, it must focus on value creation before profits.
Today’s profit-motivated entrepreneurs find it easy to gather a team of freelance developers on Upwork or Fiverr to make their product but once the product is past its concept stage t...
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56 reads
3. Product Problems
Shopify remains the leading platform for drop-shipping and e-commerce hosting for entrepreneurs because it does what it says, fast and easy. Competitors who have sprouted over the years have failed because they were unable to replicate this convenience and simplicity in their products, leading to...
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CURATED FROM
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Writer, artist, Accountant and a forever learner. Learning, loving, Hoping.
These ideas contain valuable advise for small business and tech startups.
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Tails, You Win
You can be wrong half the time and still make a fortune.
Anything that is huge, profitable, famous, or influential is the result of a tail event, an outlying one-in-thousands or millions event.
- Most of our attention goes to things that are huge, profitable, famou...
Every possession is a relationship
So it makes sense to carefully consider what we keep in our homes.
Most of us own lots of things that make us feel bad (unused gifts, clothes we don't like or that don't fit, books we’ll never read, etc). And if it’s normal to have hundreds or thousands of possessions, then we are each, at ...
If you can’t decide, the answer is no
Go with options that excite you, rather than finding reasons for rationalising tasks that don’t. Trust your intuition.
The reason is, modern society is full of options. There are tons and tons of options. We live on a planet of seven billion people, and we are connected to ...
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