socalTECH

NOVEMBER 12, 2013

In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? The company announced a first round of funding Monday for its technology. READ MORE>>.

Metrics 113

Metrics Software Review Research Startup 113

Berkonomics

JULY 6, 2023

The technique, “OST” (objective, strategies, and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Email readers, continue here…] Here are some example strategies from some of my companies over the recent years. Let’s call it “OST.” What is a strategy?

Organization 156

Organization Metrics Demand Resource 156

socalTECH

NOVEMBER 12, 2013

In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? The company announced a first round of funding Monday for its technology. READ MORE>>.

Metrics 100

Metrics Software Review Research Startup 100

Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

Customer 147

Customer Custom Technical Review Metrics 147

Startup Professionals Musings

NOVEMBER 14, 2012

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. Here is my selection of ten key metrics that every six-sigma joint like GE tracks without thinking, but too many small businesses only monitor haphazardly, if at all: Sales revenue.

Metrics 106

Metrics Startup Sales Statistics 106

Berkonomics

JULY 9, 2020

An example would be a real time display of the value of the dollar against the yen. Earliest warning metrics: [Email readers, continue here…] What good is information if you can’t act upon it in a timely manner? Find metrics that will be “leading indicators” of trouble to come.

Metrics 156

Metrics Software Review Statistics Technical Review 156

TechEmpower

OCTOBER 9, 2023

Let's take a look at some of the many ways businesses can benefit from these new models to streamline operations and deliver faster and more accurate results.We’ll begin by looking at some real-world examples and then we’ll dive into more details of how these improved search capabilities can enhance your business.

Generative AI 346

Generative AI Artificial Inteligence Tool Knowledge Base 346

TechEmpower

NOVEMBER 13, 2023

This isn’t just our opinion - our startup metrics prove it! For example, let’s consider Mark. That blurb, and the following examples, were all generated from GPT in only a few seconds, at a cost of less than one penny. Everyone struggles with empty text boxes. Drop-off on the first page of an application is bad news.

Generative AI 295

Generative AI Artificial Inteligence TechEmpower Writing 295

Startup Professionals Musings

JULY 30, 2021

For example, I find that more people now look for a great total experience , including selection choices, ease of return, and friendly support, versus just the lowest cost transaction. An example is the transportation industry moving to electric – key player positions are changing rapidly.

Marketing 162

Marketing Social Media Metrics Custom 162

Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. No-one challenged this number, and it became an unattributed source of the metric for market size for years. Or cost estimation.

Company 156

Company Companies Metrics Resource 156

Startup Professionals Musings

MARCH 22, 2023

For example, founder Blake Mycoskie of TOMS shoes inspired everyone by highlighting and effectively communicating the higher purpose from of helping the needy by donating a pair of shoes for every pair sold. Use metrics and data to quantify progress and return.

Startup 111

Startup Satisfaction Metrics Customer 111

Startup Professionals Musings

JUNE 20, 2022

For example, if it’s getting harder to charge a price premium for the product you’re marketing, or others are offering your subscription service for free, it may be time to start thinking in a new box. Another example is seeing substitute versions of a product, like eBooks, for a low price displacing hardcover books.

eBook 111

eBook Metrics Examples Startup 111

Startup Professionals Musings

JANUARY 9, 2022

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. See some recent examples in the 10 of the Top Social Media Campaigns of 2021.

Social Media 135

Social Media Framework Media Metrics 135

Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Here are some example strategies from some of my companies over the recent years. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Startup Professionals Musings

FEBRUARY 1, 2023

Develop metrics to monitor work intensity. High work intensity causes stress and fatigue, which you can mitigate, for example, by making sure meetings end a few minutes before the hour. High work intensity causes stress and fatigue, which you can mitigate, for example, by making sure meetings end a few minutes before the hour.

Satisfaction 108

Satisfaction Metrics Competition Examples 108

Startup Professionals Musings

NOVEMBER 10, 2021

Thus there are some key things that we can do as a leader to improve people’s self confidence and ability to deliver, as well as be a better example for others: Practice what you preach on accountability. For example , Starbucks' chief executive officer, Kevin R. First of all, you need to be a role model for accountability.

Startup 132

Startup Training Metrics Examples 132

Startup Professionals Musings

MAY 21, 2022

In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics. Examples include counting members of an advocacy program, app downloads, tenured customers, or subscribers to an e-mail list.

Marketing 127

Marketing Framework Social Media Media 127

Startup Professionals Musings

OCTOBER 31, 2022

If you are a genius at invention, for example, then that is the role you should seek to keep you motivated and productive. I like his model and examples from the field to help you identify the type of work that is your forte, and will likely bring you joy and energy, rather than frustration and burnout.

Activity 108

Activity Satisfaction Metrics Ideas 108

Startup Professionals Musings

FEBRUARY 13, 2021

For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. For example, smart entrepreneurs look for recognizable patterns in disconnected domains. Then you need to set goals and metrics to use as the benchmark for your own results and expectations.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

MARCH 18, 2020

For example, when I was with IBM, in an era where constant change was necessary to compete, we made job rotation and training a prerequisite for good performance ratings, so that team members sought change and new learning, rather than passively resisting. Set up training courses that highlight agility, and adopt agile working practices.

Metrics 122

Metrics Training Satisfaction IBM 122

Startup Professionals Musings

OCTOBER 13, 2021

For example, a few years ago, the company Beepi had a vision to build a new market for buying and selling used cars, but became overly focused on fundraising to grow fast, and ignored many customer complaints. Hypermetricemia – metrics for everything. Thus you are driven to short-term growth fixes versus radical change.

Metrics 133

Metrics Product Yahoo Customer 133

Startup Professionals Musings

DECEMBER 12, 2022

For example, entrepreneur Sir Richard Branson has started or grown over 400 companies, from record labels to space travel, so for him the joy is clearly in the startup. Implement metrics and set objectives for every organization. Practice leadership by example beyond your business entity.

Startup 137

Startup Training Entrepreneur Organization 137

Startup Professionals Musings

MARCH 18, 2022

For example, I believe that artificial intelligence , which has produced breakthroughs in gaming, has seen little traction in the healthcare sector. As companies grow, they tend to become more structured, to the point of discouraging risk by team members, and using metrics to identify mistakes and allocate bonuses.

Startup 154

Startup Artificial Inteligence Metrics Netflix 154

Startup Professionals Musings

JULY 26, 2023

For example, we all remember when Blockbuster realized too late that Netflix was stealing customers by offering videos online rather than via DVDs, but even then they were unable to adapt their processes and their thinking. For example, the value of a higher cause in business has risen greatly.

Metrics 71

Metrics Training Netflix Resource 71

Startup Professionals Musings

SEPTEMBER 11, 2021

Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. For example, if your value-add is with first-time parents, show me a graph of how many 20-30 year-old moms have signed up each week the first month.

Startup 121

Startup Metrics Custom Customer 121

TechCrunch LA

APRIL 18, 2022

Investment into alternative proteins, for example, plant-based meats and dairy substitutes was $5 billion in 2021, according to both the Good Food Institute and Crunchbase data. The alternative protein space is hot, hot, hot as evidenced by both the number of companies developing products and the venture capital going into the space.

Software Review 187

Software Review Metrics Startup Technical Review 187

Startup Professionals Musings

FEBRUARY 6, 2021

For example, early adopters may be easily sold, but new technology product success really hinges on adoption by certain demographics, perhaps more influenced by celebrities or mommy bloggers. Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. How do I measure success?

Startup 155

Startup Metrics Resource Technical Review 155

Startup Professionals Musings

DECEMBER 22, 2021

A winning linked focus example is to choose a higher purpose common to all cultures, such as protecting the environment, or helping the underprivileged. At every Ritz-Carlton , for example, employees are authorized to spend up to $2,000 per guest to solve any guest issue and make the stay positively memorable.

Custom 114

Custom Customer Metrics Satisfaction 114

Startup Professionals Musings

JULY 31, 2020

I’m not looking for words, but examples of how your habits and attributes have produced results, even before your startup. For example, Patagonia founder Yvon Chouinard made it clear from the beginning that his company mission was to save the environment, not just be another outdoor clothing seller.

Entrepreneur 124

Entrepreneur Startup Examples Metrics 124

Berkonomics

DECEMBER 5, 2013

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. No-one challenged this number, and it became an unattributed source of the metric for market size for years. Or cost estimation.

Metrics 239

Metrics Startup Marketing Demand 239

SoCal CTO

DECEMBER 19, 2012

For example, if you are trying to determine viral coefficient (see Startup Metrics ), then the focus should be around those aspects of the MVP. Examples: [link] [link] Product Feature List Create a prioritized high level product feature list (see Product Backlog ). Prioritize these stories.

Develop 354

Develop Development Technical Review CTO Coach 354

SoCal CTO

AUGUST 4, 2011

Please be able to provide me with a few specific examples of different types of customers, what they need, what the system will do for them. What are your key Startup Metrics ? What are some good examples of similar sites? Examples of other brands/sites that are similar from a brand perspective? How are you funding this?

Develop 396

Develop Development Startup SEO 396

SoCal CTO

AUGUST 4, 2011

Please be able to provide me with a few specific examples of different types of customers, what they need, what the system will do for them. What are your key Startup Metrics ? What are some good examples of similar sites? Examples of other brands/sites that are similar from a brand perspective? How are you funding this?

Develop 384

Develop Development Startup SEO 384

Startup Professionals Musings

SEPTEMBER 22, 2022

For example, many investors I know tell me they look for business plans that allocate the largest portion of a requested investment to marketing, but most often see the top “ use of funds ” to be further product or service development. Seek out people who are already known in your space. Allocate resources to handle bumps along the way.

Marketing 133

Marketing Custom Customer Outsource Development 133

Startup Professionals Musings

FEBRUARY 28, 2020

In business vernacular, targets are usually called metrics. A good metric has to be easily measurable, and directly correlated to results, rather than hours worked. For example, for a sales person, this metric number would likely measure new revenue or new customers.

Metrics 124

Metrics Entrepreneur Satisfaction Study 124

Startup Professionals Musings

MARCH 24, 2023

Maturing proficiency with innovation metrics. The former Blackberry CEO, for example, admits that he hesitated on innovation, and is now struggling to remake Blackberry for survival as an enterprise security software company. This requires dedicated resources of both time and money.

Organization 111

Organization Resource Activity Examples 111

Startup Professionals Musings

SEPTEMBER 22, 2021

For example, Blake Mycoskie of TOMS Shoes attributes his ability to raise a seed round and build a $400M company to his commitment to provide a free pair of shoes to the underprivileged for every pair sold. Emphasize your real ambition to change the world, through helping the underprivileged, improving healthcare, or saving the environment.

Ideas 140

Ideas Entrepreneur Equity Resource 140