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Glossary

Knowledge is power.

What is Zero-Based Budgeting?

5 mins
Zero-based budgeting is a financial strategy where every expense must be justified for each new period, starting from a base of zero rather than relying on historical spending data.

What is the Sunk Cost Fallacy?

3 mins
We explore why founders cling to failing projects due to past investments and how to objectively distinguish between healthy perseverance and the irrational Sunk Cost Fallacy.

What is the Awareness Stage?

6 mins
The awareness stage is the initial phase where potential customers first identify a pain point and discover your brand exists to address it.

What is Cost of Goods Sold (COGS)?

3 mins
COGS measures the direct cost of producing what you sell. This article breaks down the calculation, compares it to operating expenses, and explains its impact on unit economics.

What is an Independent Software Vendor (ISV)?

7 mins
This article defines the Independent Software Vendor model, exploring how startups build proprietary software on third party platforms while managing the risks and rewards of the modern tech ecosystem.

What is a Service Level Objective (SLO)?

3 mins
An SLO defines the specific measurable performance targets within your service agreements, acting as the internal goalpost for your engineering and product teams.

What is Retained Earnings?

3 mins
Retained earnings represents the cumulative profit kept in the business for reinvestment. It connects the income statement to the balance sheet and funds growth without dilution.

What is Persona-Based Marketing?

6 mins
This article defines persona-based marketing for startups and provides a clear framework for identifying, researching, and implementing specific buyer personas to improve marketing efficiency and product alignment.

What is Niche Marketing?

6 mins
This article defines niche marketing as a targeted strategy for startups to address specific needs, manage limited resources, and build a solid foundation within a well-defined market segment.

What is Blockchain?

6 mins
An objective breakdown of blockchain for startups, defining distributed ledgers, explaining how they function, and analyzing the trade-offs between decentralized systems and traditional databases.