Why your startup shouldn’t rush to $1 million in revenue

Why your startup shouldn't rush to $1 million in revenue

There is a prevailing belief that the magicformula for early-stage tech startups hinges on how quickly they achieve $1 million in annual recurring revenue (ARR). Investors in SaaS companies, in particular, are very guilty of pushing this or its equally loaded corollary, "When will you sign your first six-figure deal?"

But in the rush toward these numbers, too many startups lose sight of their primary intent: These metrics are supposed to be an indicator of product/market fit. We've seen companies reach $1 million in ARR in less than a year, yet not have enough market momentum to get their next million easily. We've seen early-stage companies so concerned about getting those first sales, they don't validate the market and if they're building the right product. We've also watched a focus on new logos make companies forget about keeping existing customers happy, introducing unexpectedly high churn — something startups can't afford...

https://techcrunch.com/2018/12/27/why-your-startup-shouldnt-rush-to-1-million-in-revenue/

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by Idham Azhari

Virus-free. www.avg.com

Silaturahimer Marketing KOMPASS Nusantara

SILATURAHIMER MARKETING

2 suku kata atau Keyphrase "Silaturahimer Marketing" saya luncurkan pertama kali pada 13 April 2007. Ide ini berasal dari SILATURAHIM nya Bpk Aqua Dwipayana (Tokoh SILATURAHIM Indonesia).

Silaturahimer Marketing ala KOMPASS Nusantara

KOMPASS Nusantara sangat kondang dengan SILATURAHIM nya. Silaturahim berasal dari kata "silatu" dan "rahim". Silatu berarti merekatkan sementara rahim adalah "rahim Ibu".

Kita berasal dari satu rahim, bukan dari "Teori Darwin". Anda pastinya memahami Teori Darwin, yang sampai saat masih diperdebatkan.

SINERGITAS & SILATURAHIM menjadi andalan KOMPASS Nusantara. Pribadi-pribadi Kompassers Nusantara adalah Pribadi yang sudah selesai dengan diri sendirinya.

Rajin berbagi tanpa mengharapkan imbalan. BERKAH akan datang dengan sendiri nya dari arah yang tidak disangka-sangka.

Lupa berbagi kembali, bukanlah Pribadi Kompassers

Banyak sekali Kompassers yang berbagi melalui platform KOMPASS Nusantara. Ada yang mendapatkan Rezeki berupa material dan ada pula Rezeki berupa proyek baru.

Bahkan ada pula yang mendapatkan pekerjaan baru, berkat SINERGITAS dan SILATURAHIM melalui KOMPASS NUSANTARA.

Silaturahimer Marketing adalah komplemen dari Influencer Marketing. Anda tidak perlu mengeluarkan biaya untuk menghasilkan sesuatu.

Influencer Marketing membutuhkan biaya. Tetapi tidak dengan Silaturahimer Marketing.

Anda berbagi dengan Ikhlas dan suka cita, berarti Anda menjalankan Silaturahimer Marketing.

Salam SILATURAHIM!

by Idham Azhari

Facebook reportedly building cryptocurrency for WhatsApp money transfers

Facebook is building a cryptocurrency designed to make it easier to transfer money on WhatsApp, according to Bloomberg. The currency will reportedly be focused on India and allowing Indian workers abroad to send money back home, something that other Bitcoin startups have already been working to solve given the difficult and expensive process for international transfers.

Facebook has been looking to develop its own cryptocurrency at least as far back as May, when Cheddar first broke the news. Around that time, Facebook Messenger leader David Marcus was reassigned to lead a new blockchain division, focused on exploring "how to best leverage Blockchain across Facebook, starting from scratch."

Bloomberg's report offers the first concrete details on the goals that Facebook is trying to achieve and how it might work. Facebook is reportedly looking to develop what's known as a "stablecoin," which will have a value based on US currency to minimize the volatility seen by more high-tech alternatives like Bitcoin. Facebook is apparently far from actually releasing the coin, so don't necessarily expect to see a real-world implementation anytime soon...

https://www.theverge.com/2018/12/21/18151469/facebook-cryptocurrency-whatsapp-transfers-cash-money-stablecoin

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by Idham Azhari

Virus-free. www.avg.com

Waktu yang berputar

Waktu berjalan terus, Anda dapat pantau melalui suara Adzan.

Adzan Shubuh menandakan harus bangun lebih pagi, segera ke Mesjid.

Zuhur waktunya Anda berhenti sejenak dari Aktivitas. Ashar berhenti untuk kedua kalinya. Adzan Maghrib menandakan Anda harus menyelesaikan serangkain aktifitas satu hari.

Waktu Sholat terakhir dalam sehari adalah Isya. Dan selanjutnya dapat diteruskan dengan Sholat Malam (Tahajud, Qiyamul Lail).

Anda tidak dapat membalikkan waktu. Raihlah kesempatan saat ini dengan sebaik-baiknya.

Lakukan dari hal yang terkecil, project kecil dan berlanjut dengan hal yang besar seiring dengan proses belajar.

Sudahkah Anda menghargai waktu di Dunia yang sebentar ini?

by Idham Azhari

Choose Your Own Adventure: Which AI Business Model Is Right For You?

Artificial intelligence is revolutionizing every aspect of work and life, as nonstop news headlines make clear. Yet one aspect of the AI disruption remains relatively unexamined: the right business model for AI companies.

It's a commonly held belief that successful AI startups, like cloud / SaaS companies before them, share a common business model. Like AI, cloud software's business model initially puzzled customers and investors. Cloud pioneer Salesforce, for instance, eschewed the big, upfront license payments common with traditional software vendors, and also shunned recurring maintenance fees and costly on-site installations. Now, the Salesforce model is the norm for cloud/SaaS companies—and investors can recite common SaaS company metrics like magic number, CAC and LTV in their sleep.

But it's difficult to graft this cloud business model onto nascent AI startups. This is mainly because cloud and AI technologies differ in fundamental ways: AI is fueled by data, vast amounts of raw computing power and mind-bending algorithms. It's inherently more complex for customers to digest than cloud startups, so the technology has to be sold in different ways, too...

https://www.forbes.com/sites/valleyvoices/2018/12/06/which-ai-business-model-is-right-for-you/#3c0f17f36af7

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by Idham Azhari

Virus-free. www.avg.com

5 Tips For New Start-Ups To Have A Successful E-Commerce Business

Over the past few years, we have observed that a large number of start-ups emerged across different industries. Of these, a majority of the start-ups closed down while some continued the struggle to maintain their space in the e-arena and only limited ones could see the sunrise into the future.

While most of the start-ups that shut down had access to the required seed funding, a set business model as well as an experienced team leading them on, it is interesting to learn why the majority of those start-ups could not survive. Following such outcomes, anyone aiming to step into the e-commerce domain too would feel compelled to ask the most common yet the most basic question to oneself i.e. what is it that an e-commerce start-up really needs to turn their idea(s) into a successful business venture...

https://www.entrepreneur.com/article/324419

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by Idham Azhari

90% APAC Workers Believe This Is the Key to Getting Ahead In Life

Despite a growing number of reports predicting the rise of robots and loss of jobs, workers in the Asia-Pacific region are confident in achieving career advancement. There's a strong desire among them to build their own business, acquire new skills and stay relevant, says LinkedIn's inaugural Opportunity Index, which was released late last month.

The index, which was based on a survey of over 11,000 respondents in nine markets, aimed to understand the aspirations of people across the region, with emphasis on what opportunities are important to them, and the hurdles that may stand in their way. Nine in 10 workers across the region believe that "diligence is the key to getting ahead in life, followed by having the right connections or knowing the right people, and having equal access to opportunities", says the report...

https://www.entrepreneur.com/article/324284

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by Idham Azhari

Three Steps To Start With Blockchain Technology

Three Steps To Start With Blockchain Technology

The interest level of enterprises in the blockchain technology is at an all-time high -- partly driven out of FOMO (fear of missing out). Competitor's marketing teams are busy inserting blockchain into the press releases, meetings are concluding with "are we doing anything on blockchain?" and no conference is complete without blockchain on the agenda.

Customers are demanding blockchain solutions and suppliers are caught in a catch-22 situation. Blockchain necessitates new levels of understanding - from engineers to the executives, radically reimagining the established ways of working and jostling with an "unproven" technology.

How do enterprises overcome the fear of the unknown and safely embark on their blockchain journey?..

https://www.entrepreneur.com/article/324187

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by Idham Azhari