Startup Professionals Musings

JANUARY 24, 2018

In addition to obvious economic challenges, the emerging generation of customers is determined to radically change the rules for customer engagement. He makes a convincing argument that it’s time for every company to get prepared for the next customer generation, or your company is heading toward life support.

Demand 71

Demand Customer Custom Tips 71

Berkonomics

JUNE 2, 2022

Few of your contacts will be willing to use their valuable social or political capital helping you with a sales effort, and you will definitely strain your relationship with the intermediary if not a close friend. Are you working with or selling to a particularly important competitor to your target customer?

Ideas 156

Ideas Sales Competition Venture Capital 156

Startup Professionals Musings

MAY 14, 2021

For example, I believe that Starbucks surprised most people by proving that they could take a commodity business, a coffee shop, and make it a worldwide profit winner, just by justifying premium pricing with a quality product, the right locations, personalized service, and appealing to the professional customer personas.

Pricing 145

Pricing Startup Competition Examples 145

Startup Professionals Musings

JUNE 13, 2014

In addition to obvious economic challenges, the emerging generation of customers is determined to radically change the rules for customer engagement. He makes a convincing argument that it’s time for every company to get prepared for the next customer generation, or your company is heading toward life support.

Customer 96

Customer Custom Social Media Outsource Development 96

Startup Professionals Musings

AUGUST 1, 2015

In addition to obvious economic challenges, the emerging generation of customers is determined to radically change the rules for customer engagement. He makes a convincing argument that it’s time for every company to get prepared for the next customer generation, or your company is heading toward life support.

Customer 97

Customer Custom Social Media Outsource Development 97

Startup Professionals Musings

JULY 30, 2023

Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world. Every business purpose must be customer-centric and even altruistic. In this highly competitive world, no growth means falling behind, as a business or in your career.

Entrepreneur 85

Entrepreneur Customer Custom Competition 85

Startup Professionals Musings

JULY 23, 2023

Your concept has to be understood by customers and investors in 30 seconds or less, and everyone needs to immediately see how awesome it would be, or that they would be nuts not to have it. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Startup 96

Startup Education Ideas Customer 96

Startup Professionals Musings

JANUARY 24, 2018

In addition to obvious economic challenges, the emerging generation of customers is determined to radically change the rules for customer engagement. He makes a convincing argument that it’s time for every company to get prepared for the next customer generation, or your company is heading toward life support.

Demand 56

Demand Customer Custom Tips 56

Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. The most effective leaders marshal existing resources and incent people to create innovative yet competitive solutions. A community requires two-way communication and respect – including advisors, partners, and customers.

Coach 162

Coach Startup Resource Competition 162

Startup Professionals Musings

MAY 2, 2021

Of course, we would all like to have a magic list based on more definitive tracking of many real startups over time. Offer customized products or services. By definition, a growth industry has a history and an outlook of at least double-digit annual growth. Choose a large market in a growth industry.

Startup 170

Startup Study Journal Sample 170

Startup Professionals Musings

NOVEMBER 9, 2020

Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world. Every business purpose must be customer-centric and even altruistic. In this highly competitive world, no growth means falling behind, as a business or in your career.

Entrepreneur 159

Entrepreneur Customer Custom Competition 159

Startup Professionals Musings

OCTOBER 1, 2022

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. Test your innovation with at least a hundred customers.

Ideas 145

Ideas Startup Case Study Writing 145

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The more revolutionary the solution, the more important it is to educate customers on a solution’s existence and value.

Case Study 89

Case Study Customer Custom Study 89

Startup Professionals Musings

MAY 15, 2022

By definition, most startups begin as a result of some innovation in product, process, or service. For additional growth, most companies expand the product portfolio to cater to more customers, and sell more to existing customers. The crises definitely hits here, if not earlier, and even the survivors can be dragged down.

Startup 142

Startup Web 2.0 IBM IBM 142

Startup Professionals Musings

MAY 31, 2020

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Provide details on the business model.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Both Sides of the Table

NOVEMBER 1, 2009

As organizations we have become more open and I believe this is great for businesses and their customers. We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features.

Organization 280

Organization Customer Custom Tips 280

Startup Professionals Musings

NOVEMBER 4, 2020

Your concept has to be understood by customers and investors in 30 seconds or less, and everyone needs to immediately see how awesome it would be, or that they would be nuts not to have it. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Startup 166

Startup Education Ideas Customer 166

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Are you ahead or behind the market with your product or service?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

NOVEMBER 15, 2020

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The more revolutionary the solution, the more important it is to educate customers on a solution’s existence and value.

Case Study 174

Case Study Startup Customer Custom 174

Berkonomics

JULY 18, 2019

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers of the business. What is your core competency? There is much to reinforce in such behavior. Patents, branding, marketing and more.

Patents 120

Patents Resource Training Advertising 120

Startup Professionals Musings

JANUARY 13, 2021

There is no substitute for talking to customers, analyzing your competition, and honing your solution to meet a target market segment. As a counter, here are some situations where it definitely makes sense to short-circuit the traditional approach: The market won’t wait for your planning cycle.

Marketing 138

Marketing Demand IBM IBM 138

Both Sides of the Table

NOVEMBER 16, 2014

But if you level up , raise capital and grow customers, revenue and staff – life changes. This is when your job function truly starts to match the definition of “leader” because that’s exactly what your role is. Extremely talented people are ultra competitive. You just assign out tasks to all of us.

Entrepreneur 385

Entrepreneur CTO Hire Startup Sales 385

TechCrunch LA

MARCH 3, 2020

The prospects of augmented and virtual reality may be uncertain, but what’s definite is the need for new tools and technologies to transfer knowledge and train up employees as skilled, experienced workers age out of the workforce — and the development of new skills becomes critically important as technology changes the workplace.

Training 220

Training Los Angeles Tool Cornerstone OnDemand 220

Startup Professionals Musings

SEPTEMBER 20, 2023

Starting an entrepreneurial business, or maintaining the competitiveness of a mature business, requires innovation. As a starting point, I like the Wikipedia simple definition of innovation as “the application of better solutions to meet new requirements or market needs.” Innovation must be driven top down by visionary leaders.

Organization 94

Organization Ideas Technical Review Research 94

socalTECH

JULY 25, 2016

Carlsbad-based satellite broadband provider ViaSat has scored a high profile customer win, saying this morning that it will be providing in-flight Internet and connectivity services to Air Force One , along with other aircraft for senior leaders of the U.S. Government. READ MORE>>.

Venture Capital 100

Venture Capital Conference Competition Pricing 100

Startup Professionals Musings

NOVEMBER 12, 2022

Since language and implication have changed a bit since then, I’ll restate Carnegie and Hill’s original principles here, with my own current-day commentary and recommendations added: Definiteness of purpose. For success these days, the purpose better focus on people, and solve a real problem for customers. Master-mind alliance.

Technical Review 119

Technical Review Ideas Entrepreneur Customer 119

Startup Professionals Musings

JUNE 15, 2022

These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. As you look at your entrepreneur goals, make sure you are following your own definition of success that gives you pride and passion in its pursuit. Identify and redirect unhealthy competition and comparisons.

Startup 101

Startup Satisfaction Entrepreneur Competition 101

Startup Professionals Musings

JUNE 26, 2020

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model. and trademarks.

Product 169

Product Summary Startup Examples 169

Startup Professionals Musings

JUNE 25, 2022

Do you believe that you have an idea for a company that you can implement better than anyone, and maintain a competitive advantage? Assess customer demand. Do customers really need what you want to do, or might they see it as “nice to have?” The crash landings can be tough, and definitely won’t feel good as a long-term strategy.

Startup 115

Startup Resource Training Ideas 115

Startup Professionals Musings

APRIL 17, 2022

In fact, I would broaden the definition of partner from co-founder to “business partner.” If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

APRIL 4, 2021

Among other things, she identified ten general productivity principles to give you a competitive edge, which I have adapted here for entrepreneurs: Control yourself well, but don’t try to control others. By definition, no human or any business is perfect, so achieving perfection is unrealistic and doomed to failure. Marty Zwilling.

Product 153

Product Email Customer Custom 153

Startup Professionals Musings

JANUARY 3, 2021

Starting an entrepreneurial business, or maintaining the competitiveness of a mature business, requires innovation. As a starting point, I like the Wikipedia simple definition of innovation as “the application of better solutions to meet new requirements or market needs.” Innovation must be driven top down by visionary leaders.

Organization 172

Organization Ideas Technical Review Research 172

Both Sides of the Table

JUNE 4, 2013

I guess this is the ultimate definition of implementing a business model when you’re not clear on strategy! Compelling in the sense that you solve a real problem a target group of potential customers has with a product that is significantly better than the alternatives on that market. My take on his argument is this: 1.

Startup 401

Startup Customer Custom Technical Review 401

Startup Professionals Musings

OCTOBER 15, 2022

Message delivery must be customized for each investor. It takes more than one person to build a business, so the lone entrepreneur, without support from any visible team, advisors, partners, or potential customers, will not attract investors. Effective communication requires real listening, as well as talking.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Startup Professionals Musings

AUGUST 25, 2021

Most importantly, you have to deal with customers, and understand their wants and needs. It also requires effective communication, and being a role model for the team, investors, and customers. Be willing to make commitments and hard decisions. You have to be willing to accept full responsibility for all aspects of your new business.

Entrepreneur 158

Entrepreneur Satisfaction Ideas Social Media 158

socalTECH

AUGUST 6, 2019

Ian talked to us about the rewards and challenges of being an entrepreneur, plus how important it is to manage lifetime value (LTV) of a customer versus customer acquisition cost (CAC) in making a successful company. (We We did another round with angels and early customers of Discotech. What is Discotech? How are you funded?

Startup 113

Startup Equity Customer Custom 113

Both Sides of the Table

SEPTEMBER 10, 2021

By definition?—?I’m The market definition has changed but what we do mostly hasn’t. We can’t wait for customers to use the product for 12–18 months and do customer interviews or look at purchase cohorts. Are we in a bubble?” I often answer the same way … * “First, yes, nearly every corner of our market is over-valued.

Venture Capital 471

Venture Capital Writing Invest Pricing 471