Dave McClure: Focus on sales, metrics, users

Focus on revenue and not "we'll-figure-it-out-later" business models

Lessons learned from investor by Bambi Francisco Roizen
February 11, 2011 | Comments
Short URL: http://vator.tv/n/15c7

Dave McClure, founder of seed and incubator fund 500 Startups, which provides betwen $10,000 to $250,000 in seed capital, is a pretty well-known angel investor. Dave has invested in more than 100 startups, such as Mint (acquired by Intuit), Crowdflower, Sendgrid, Simply Hired, SlideShare and Twilio, to name a few.

As you can imagine, Dave's spent enough time with entrepreneurs to know what kind of advice they need.

Here's his three pieces of advice:

Be revenue focused- transation, and not we’ll-figure-it-out-later model.

Be user focused (solving problems that exist)

Be metrics focused and focus on improving conversion metrics. 


Related companies, investors and entrepreneurs

Bio: Dave McClure likes to hang out with entrepreneurs, and occasionally help or invest in their startups if they let him. Dave has been geeki...

Related news

blog comments powered by Disqus