Berkonomics

NOVEMBER 24, 2022

What if you had abandoned that market, reallocated your resources, and focused instead upon other non–competitive geographical or industry segments? There’s an example of avoiding the encounter and losing the lead position when an opportunity to compete surfaces unexpectedly. How could you compete with the gorilla?

Resource 156

Resource Competition Examples Customer 156

Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. You have deliberately overcommitted your prime or core resources (in this case personal time) leading to a loss of income and reputation that you cannot easily recover. Commit all your core resources to solving the resulting problem, and new work stops.

Resource 243

Resource Customer Custom Software 243

Berkonomics

SEPTEMBER 16, 2021

Don’t draw your visionary resources into the incremental fight. Email readers, continue here…] Or finally, you may want to start a project using the next generation of tools to produce an entirely new product – but your development resources are all tied up with projects to enhance existing products.

Company 156

Company Companies Resource Cloud Computing 156

Berkonomics

MAY 3, 2018

Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees – so that they could be trained and up to speed when the demand arrives. The balance between preparedness and cost. Although hiring early does add to overhead by bringing employees aboard before they.

Training 226

Training Layoffs Demand Resource 226

TechCrunch LA

APRIL 21, 2020

The company sent an email to customers Tuesday that after examining the business, the car-sharing industry and COVID-19, it decided to shutter the service permanently. All assets and resources will be transferred to GM’s Global Innovation organization, as well as the larger enterprise, according to a GM spokesperson.

Los Angeles 215

Los Angeles Technical Review Email Services 215

Berkonomics

OCTOBER 8, 2020

Most entrepreneurs quote a resource for market size but fail to then take the next step to eliminate all parts of that market unreachable by the company or product. That’s likely to be completely unreachable for you with almost any amount of resources. Sources for your data. TAM, SAM, SOM? What is your market size?

Company 156

Company Companies Metrics Resource 156

Berkonomics

MAY 25, 2017

Email readers, continue here…]. Seed demand in each new territory with at least two corporate marketing events in partnership with each distributor. Here are several examples of tactics from my recent experience with companies where I serve as board member. EMEA, Asia, Latin America.

Resource 243

Resource Training Sales Demand 243

Berkonomics

MAY 18, 2017

It is a medium range process involving senior management and departmental management as well, directing resources in ways that, as accomplished, lead the company toward the goal. Create a hosted “software as a service” or “on demand” addition to our product line by end of (next) year. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Berkonomics

MARCH 26, 2020

Common to all bottlenecks are three factors: [Email readers, continue here…] . The bottleneck itself strains to keep up with demand, often to the point of reducing its own efficiency in the process of attempting to keep up with demand. The three common factors making a bottleneck.

Organization 156

Organization Demand Satisfaction Training 156

Berkonomics

FEBRUARY 8, 2018

We have previously made the case that professional investors demand more in the form of restrictive covenants and lower valuations. The VC’s subsequently invested $18 million, well beyond what angel investors usually are able to project from their own resources. This statement could be considered controversial.

Invest 243

Invest Venture Capital Demand Resource 243

Berkonomics

MAY 12, 2022

Email readers, continue here…] Such knowledge can be amazingly invasive in the wrong hands or if used without consideration for the result. Would that be invasive – or just a great targeted marketing resource? Data can be invasive in the wrong hands. Strategic marketing.

Artificial Inteligence 156

Artificial Inteligence Tool Google Demand 156

Berkonomics

FEBRUARY 21, 2019

Second, almost no professional investor will consider putting that much into a startup until there is proof of market demand, product viability or some other mitigation of failure. Third (if you’re keeping score), it is not wise to dilute the founder’s ownership greatly in the first round of financing.

Startup 120

Startup Invest Summary Resource 120

Berkonomics

NOVEMBER 11, 2021

Venture capitalists sometimes make an error in directing their portfolio company CEOs to push resources to the limit and scale the business to immense size quickly, all to seize market share. Experienced CEOs often make it a habit to scale because of demand, reducing risk and mating cost to growth in revenues.

Venture Capital 156

Venture Capital Social Media Invest Marketing 156

Berkonomics

MARCH 5, 2020

Email readers, continue here…] A great idea often fails from the inexperience or inability of management to bring the idea to market. Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. Third: Management risk. . Fourth: Financial risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

TechCrunch LA

MARCH 26, 2020

We felt it was imperative to do our part and dedicate what resources we have to assist with shortages in the healthcare and food & beverage industries who keep the engine running and provide such important functions in this time of immense need throughout the community,” said Alec Lee, CEO of Endless West, in a statement.

Company 281

Company Companies Mobile Organization 281

Berkonomics

DECEMBER 19, 2019

On the other hand, there are great examples of managers who put their reputation or large amounts of company resources on the line to reinforce just such statements. I was floored and told dozens of people about the unexpected service offered without an angered demand or even a request for compensation. An example of doing this right.

Southern California 156

Southern California Examples Customer Custom 156

Berkonomics

AUGUST 16, 2018

Over the years, I have often heard the complaint from CEO friends that they have become so swamped by the demands of their growing businesses that they feel themselves further and further from the center of their industry, no longer at the forefront of information and competitive development. The risk of the daily routine. Yes, I know.

Marketing 120

Marketing Demand Media Entrepreneur 120

Berkonomics

NOVEMBER 12, 2015

If you as a supplier have plenty of spare resources available, you might temporarily get away with adding “fast” to both of the other two attributes of good and cheap. Email readers, continue here…] But beware. It is an excellent variation on the theme – selecting from a limited menu of the use of resources. Pick two. “.

Resource 120

Resource Sales Pricing Demand 120

TechCrunch LA

MARCH 18, 2019

The ARPANET, as it was called back then, was designed by government, industry and academia so scientists and academics could access each other’s computing resources and trade large research files, saving time, money and travel costs. Sadly, the internet is far more complicated to access than that.

UCLA 253

UCLA Social Media Social Network Santa Barbara 253

Berkonomics

MARCH 14, 2019

Email readers, continue here…] Are you ahead or behind the market with your product or service? Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Berkonomics

OCTOBER 13, 2016

Email readers, continue here…] What if you had abandoned that market, reallocated your resources, and focused instead upon other non–competitive geographical or industry segments? But doesn’t it take seemingly unlimited resources to compete against the gorilla in a niche? The answer is found in defining the niche itself.

Resource 120

Resource Competition Examples Customer 120

Berkonomics

MAY 2, 2013

Email readers, continue here.] The bottleneck itself strains to keep up with demand, often to the point of reducing its own efficiency in the process of attempting to keep up with demand. A bottleneck in your organization’s flow of product or service can happen, shift, or disappear quickly.

Organization 222

Organization Demand Satisfaction Training 222

Berkonomics

FEBRUARY 4, 2016

Email readers, continue here…] Such knowledge can be amazingly invasive in the wrong hands or if used without consideration for the result. Would that be invasive – or just a great targeted marketing resource? For example: What if American Express offered credit card details about purchases by competitors to a big box retailer?

Tool 120

Tool Google Demand Resource 120

Berkonomics

DECEMBER 5, 2013

Most entrepreneurs quote a resource for market size, but fail to then take the next step to eliminate all parts of that market unreachable by the company or product. Email readers, continue here.] Where did you get the data to drive your assumptions of market size or market share?

Metrics 239

Metrics Startup Marketing Demand 239

Berkonomics

MARCH 19, 2015

Email readers, continue here…] That’s one scenario. Or finally, you may want to start a project using the next generation of tools to produce an entirely new product – but your development resources are all tied up with projects to enhance existing products. It is a cost of doing business that you cannot ignore.

Cloud Computing 120

Cloud Computing Resource Tool Startup 120

Berkonomics

MARCH 15, 2012

Email readers, continue here.] Third: Management risk. Fourth: Financial risk. Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. A great idea often fails from the inexperience or inability of management to bring the idea to market.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

JANUARY 8, 2020

They don’t seem to realize that investors can be the most demanding bosses your ever had, since it’s their money you are using and potentially losing. I have to explain that if you really want to exercise total control of a new venture, they you need to do it without external investors, bootstrapping your way with your own resources.

Technical Advisors 125

Technical Advisors Startup News Resource 125

Berkonomics

APRIL 21, 2010

Time bankruptcy results from the deliberate over-commitment of core resources. . I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. Email readers continue here.] Time bankruptcy.

Resource 168

Resource Customer Custom Software 168

Berkonomics

DECEMBER 13, 2018

Email readers, continue here…] Either way, very few startups can afford to forge new markets or create a product that does not fit into an existing class of increasing demand. Certainly there were resources available to point the company toward the information. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

Berkonomics

DECEMBER 13, 2018

Email readers, continue here…] Either way, very few startups can afford to forge new markets or create a product that does not fit into an existing class of increasing demand. Certainly there were resources available to point the company toward the information. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

Berkonomics

JANUARY 31, 2013

Email readers, continue here.] On the other hand, there are great examples of managers who put their reputation or large amounts of company resources on the line to reinforce just such statements. I was floored, and told dozens of people about the unexpected service offered without an angered demand or even a request for compensation.

Southern California 176

Southern California Customer Custom Demand 176

Both Sides of the Table

MAY 28, 2018

VCs want you to raise the “appropriate” amount of capital, which I would define as what is reasonable given your progress to date, your resources and your needs for an 18–24 month period. Every VC wants to fund a deal that seems to have too much demand. Having too little demand leads to bankruptcy.

Venture Capital 247

Venture Capital Capital Funding Demand 247

Berkonomics

MAY 21, 2015

Venture capitalists sometimes make an error in directing their portfolio company CEOs to push resources to the limit and scale the business to immense size quickly, all to seize market share. Experienced CEOs often make it a habit to scale as a result of demand, reducing risk and mating cost to growth in revenues.

Venture Capital 120

Venture Capital Social Media Invest Marketing 120

Berkonomics

DECEMBER 23, 2009

Email readers continue here.] What is a strategy? It is a medium range process involving senior management and departmental management as well, directing resources in ways that, as accomplished, lead the company toward the goal. Expand into at least three new continents through new distribution channels.

Organization 159

Organization Metrics Demand Resource 159

Berkonomics

DECEMBER 30, 2009

Email readers continue here.] . Seed demand in each new territory with at least two corporate marketing events in partnership with each distributor. And development of these important elements of the plan should be made using all the resources available, from your board of directors to your senior management to departmental management.

Resource 149

Resource Sales Training Demand 149

Startup Professionals Musings

FEBRUARY 4, 2017

More than just spending, you need to create an “experience” in this digital age which sets you apart from the banner ads, email blasts, and old-school websites out there today. Digital channels enable you to turn products into on-demand services that help customers reach their goals, and add value. Products are the new services.

Marketing 82

Marketing Demand Startup Customer 82

Startup Professionals Musings

OCTOBER 5, 2013

More than just spending, you need to create an “experience” in this digital age which sets you apart from the banner ads, email blasts, and old-school websites out there today. Digital channels enable you to turn products into on-demand services that help customers reach their goals, and add value. Products are the new services.

Marketing 104

Marketing Demand Startup Customer 104