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Together We Grow: 11 Expert tips for scaling a SaaS business

Entrepreneurs' Organization

Business challenge: Scaling a SaaS business. Dan’s professional IT services consultancy developed a SaaS product and now wants to grow and scale the product—but has little experience in marketing or selling SaaS products. Leverage vertical SaaS benchmark and ratio studies. Here are 11 tips EO members shared: 1.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. ” I highly recommend reading it.

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It Depends: Why the right fundraising strategy for your startup is never a straight answer.

This is going to be BIG.

Even a particular attribute like revenue has several factors to it, like growth, concentration and whether or not that revenue is a subscription for SaaS, one time purchases, or consulting. In those industries, there are lots of seemingly great products that die because the team lacks the expertise to break into the market.

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Here is Why Non-Obvious Startup Ideas Can Yield the Largest Results

Both Sides of the Table

I have no doubt that multi-billion startups will disrupt this business with both a higher-quality product and lower costs. They know they can’t beat startups on innovation so they’ve started taking ads in NYC saying, “don’t trust your stuff in the cloud.” And here’s the thing. Of course they are.

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. And of course ultimately on profitability.

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Are B2B SaaS marketers getting it wrong?

TechCrunch

Which terms come to mind when you think about SaaS? “Solutions,” “cutting-edge,” “scalable” and “innovative” are just a sample of the overused jargon lurking around every corner of the techverse, with SaaS marketers the world over seemingly singing from the same hymn book.

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Okta Announces $500K Investment Award for SaaS Startup Competition

American Entrepreneurship

Identify and access management company Okta will award up to $500K as an investment to the winner of its inaugural SaaS startup competition. Okta’s platform helps startups develop identity-enabled applications. This is an incredible opportunity for startups to showcase their creativity while building for the future.”

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