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09-15 Revenue_First_Companies

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    There are other companies who want to go for revenue first—
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    typically, hardware companies, but not always. Sometimes on the web as well.
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    The questions to ask are how long will it take to start doubling my revenue every month.
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    When will I get to $100,000 a month?
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    When will I get to $1 million a month?
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    What are my assumptions about my business when I reach these milestones?
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    What's changed to get there?
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    There's nothing magic about these numbers,
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    but when you start asking about, oh yeah, when am I going to get to $100,000?
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    What has to happen in all those other pieces of the business model?
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    Because if you think about it, you've been working hard on value prop,
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    and you've been working hard on customer segments
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    and customer acquisition and activation and channel.
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    What did you need to do to get to the first $100,000 month, the first $1 million month?
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    Boy, as a startup you feel great when those happen.
Title:
09-15 Revenue_First_Companies
Description:

09-15 Revenue_First_Companies

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Video Language:
English
Team:
Udacity
Project:
EP245 - Lean Launchpad
Duration:
0:53
Udacity Robot edited English subtitles for 09-15 Revenue_First_Companies
Amara Bot added a translation

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