Startup

Plain-language definitions of Startup terms. 6 terms.

• ARR (Annual Recurring Revenue)

  • Startup

  ARR is how much money a business makes every year from subscriptions. If 10 people pay $10/month for your app, your ARR is $1200. It's a helpful way to track steady income.

• ICP (Ideal Customer Profile)

  • Startup
  • Sales
  • Marketing

  ICP is a profile of the ideal customer for a product or service. It's like a description of the perfect customer for a product or service.

• Indie Maker

  • Startup

  An indie maker is someone who builds and sells their own products (usually digital), without working for a big company. They often work solo or in small teams, and focus on launching quickly and learning fast.

• MRR (Monthly Recurring Revenue)

  • Startup

  MRR is how much money a business makes every month from subscriptions. If 10 people pay $10/month for your app, your MRR is $100. It's a helpful way to track steady income.

• MVP (Minimum Viable Product)

  • Startup

  MVP is a version of a product with just enough features to be useful to users. It's like a prototype that you can use to test your idea and get feedback from users.

• SaaS (Software as a Service)

  • Startup

  SaaS is a way to provide software to users over the internet. It's like a subscription to a software, where you pay a monthly or yearly fee to use the software.

No matching terms.