Startup Professionals Musings

JANUARY 23, 2019

They can talk with passion about their innovative new idea, and ask lots of questions, but never seem to really get started. The challenge we all have as business founders is to move from the idea stage to a real business. Set target date milestones and metrics to gauge progress.

Ideas 99

Ideas Slides Writing Startup 99

Startup Professionals Musings

JANUARY 30, 2017

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Manage the business with metrics and goals. Working hard is necessary, but not sufficient for success.

Ideas 72

Ideas Startup Metrics Entrepreneur 72

Startup Professionals Musings

APRIL 21, 2023

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. Once a new product is launched, a key metric is the ratio of new product sales to overall sales.

Coach 137

Coach Metrics Competition Ideas 137

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? That''s the basic idea behind predictive analytics. READ MORE>>.

Metrics 113

Metrics Software Review Research Startup 113

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? That''s the basic idea behind predictive analytics. READ MORE>>.

Metrics 100

Metrics Software Review Research Startup 100

Startup Professionals Musings

APRIL 26, 2012

But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. Jim Sterne, who has written six books on Internet advertising, marketing, and customer service, tackled this complex world of social media metrics in his book titled " Social Media Metrics."

Social Media 98

Social Media Metrics Media Startup 98

Startup Professionals Musings

DECEMBER 12, 2021

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. If you don’t have a clear idea of why you are there, anything you measure will be useless. Social media is the realm of public opinion and customer conversations.

Social Media 127

Social Media Media Metrics Satisfaction 127

Startup Professionals Musings

OCTOBER 29, 2012

A startup begins with a great idea, but all too often, that’s where it ends. Ideas have to be implemented well to get the desired results. That’s why investors invest in entrepreneurs, rather than ideas. Metrics are required for ensuring the return to a known good baseline. Define response mechanisms.

Ideas 94

Ideas Startup Summary Competition 94

Startup Professionals Musings

FEBRUARY 13, 2021

I’m convinced that this “me too” or incremental thinking is one of the key reasons that ninety percent of new startups fail, and most of the investors I know won’t sign non-disclosure forms, since they claim to hear the same startup ideas over and over again. Marketing should begin even at the idea stage.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

SEPTEMBER 23, 2022

Most aspiring entrepreneurs are convinced that the strength of their initial idea somehow defines them as a leader, as well as the success potential of their derivative business. It takes leadership ability, as well as a good idea, to make a successful entrepreneur, and great leaders evolve from key leadership decisions along the way.

Startup 141

Startup Ideas Entrepreneur Framework 141

Startup Professionals Musings

JANUARY 11, 2023

I agree with the classic book by Ros Taylor, “ Creativity at Work: Supercharge Your Brain and Make Your Ideas Stick ,” which outlines some key psychological impediments to creative business thinking and change: Just use the data metrics. Creative ideas are the outliers, and tend to be eliminated first, rather than evaluated fully.

Marketing 119

Marketing Metrics Statistics Demand 119

Startup Professionals Musings

MARCH 7, 2016

Every startup begins with an idea, but from that point forward, it’s all about execution. Founders soon learn that customers only spend real money for solutions rather than ideas. Investors have also learned not to invest in ideas but only in entrepreneurs and teams who can deliver solutions. But Google is not unique.

Ideas 59

Ideas Technical Review Google Startup 59

Startup Professionals Musings

OCTOBER 31, 2022

This early stage is often called the idea stage, best populated by people who see the need for change early, or always have a vision for unmet opportunities, or a better way to do things. Idea people often don’t get funded as entrepreneurs, because a new business is all about results, not just ideas.

Activity 108

Activity Satisfaction Metrics Ideas 108

Startup Professionals Musings

OCTOBER 11, 2010

But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. Jim Sterne, who has written six books on Internet advertising, marketing, and customer service, tackled this complex world of social media metrics in his recent book titled " Social Media Metrics."

Social Media 84

Social Media Metrics Media Satisfaction 84

Berkonomics

NOVEMBER 12, 2020

So, I’ve developed the three-step dance in order to help form a repeatable method of how to create a great company from an early idea. Even if you know it all – wouldn’t it be an excellent plan to try your idea out on enough actual or potential customers to measure reasonable feedback? And if so, what was the response?

Product 156

Product Customer Custom Ideas 156

Startup Professionals Musings

JULY 25, 2020

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. Once a new product is launched, a key metric is the ratio of new product sales to overall sales.

Metrics 144

Metrics Coach Social Network Competition 144

Startup Professionals Musings

SEPTEMBER 11, 2021

Almost every early-stage startup who has approached investors for funding has heard the innocuous sounding rejection “I love your idea, but come back when you have more traction.” What does traction really mean to investors, and how much is enough? Let me try to clarify the rules, and what it takes to win at this game.

Startup 121

Startup Metrics Custom Customer 121

Startup Professionals Musings

MAY 27, 2023

Focus on two or three pertinent metrics in any situation. Unbundle projects into smaller elements, and personalize the top couple of metrics for each team. As an entrepreneur, you need to start this focus early, with the same passion you currently apply to your new idea and solution. Never be too busy to talk to real customers.

Customer 140

Customer Custom Social Media Metrics 140

Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. Like most investors, I’m convinced that success in business is more about the plan and the person than the idea. Sets goals and milestones, with metrics to track progress.

Entrepreneur 106

Entrepreneur Metrics Satisfaction Ideas 106

Startup Professionals Musings

MAY 28, 2016

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. For progress and success assessment, each of these needs some metrics defined, a training plan, and responsibility assignments within your team.

Ideas 62

Ideas Outsource Development Startup Competition 62

Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Startup Professionals Musings

MARCH 10, 2023

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. For progress and success assessment, each of these needs some metrics defined, a training plan, and responsibility assignments within your team.

Outsource Development 115

Outsource Development Startup Ideas Competition 115

Startup Professionals Musings

APRIL 18, 2020

I agree with the classic book by Ros Taylor, “ Creativity at Work: Supercharge Your Brain and Make Your Ideas Stick ,” which outlines some key psychological impediments to creative business thinking and change: Just use the data metrics. Creative ideas are the outliers, and tend to be eliminated first, rather than evaluated fully.

Metrics 157

Metrics Demand Sales Statistics 157

Berkonomics

MAY 5, 2016

By far the most enjoyable for most of us is visionary leadership – the time we spend thinking ahead, creating new ideas for products or services, focusing on the big picture and how we can change the world with our creation. It must be the lifeblood of a company that is going to make a difference in an industry or the world.

Metrics 120

Metrics Ideas Conference Email 120

socalTECH

DECEMBER 20, 2017

In the meantime, we’ll continue publishing thoughts and ideas we’ve learned from great product managers here. At long last, product managers could collect feature ideas from users at scale. At long last, product managers could collect feature ideas from users at scale. Read on for our top posts from 2017! ?? Read more… ??

Technical Review 100

Technical Review Metrics Ideas Product 100

InfoChachkie

AUGUST 24, 2010

Startups consistently identify more ideas and opportunities than they have the time or resources to pursue, such as potential partnerships, new products, entering emerging markets, etc. Idea Cronyism. This is analogous to a startup CEO selecting which ideas will be considered by a larger group for implementation.

Ideas 187

Ideas Resource Technical Review Startup 187

Startup Professionals Musings

MARCH 18, 2023

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Startup 82

Startup Ideas Organization Entrepreneur 82

Startup Professionals Musings

MARCH 9, 2019

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. If you don’t have a clear idea of why you are there, anything you measure will be useless. Social media is the realm of public opinion and customer conversations.

Social Media 98

Social Media Media Metrics Satisfaction 98

Startup Professionals Musings

JULY 26, 2023

Most business metrics I see compare current performance to your own previous experience, rather than your performance compared to industry standards and competitors. While your initial idea was new and not envisioned by others, it is now out there for others to attack with copies and enhancements.

Metrics 71

Metrics Training Netflix Resource 71

Startup Professionals Musings

MARCH 4, 2022

New blood and new ideas are keys to agility. Adopt some key metrics to measure your change agility. If you want change in your business, you must publish and reward people based on how many changes have been initiated, how fast they are completed, and the overall impact on business metrics.

Competition 148

Competition Metrics Demand Custom 148

Startup Professionals Musings

FEBRUARY 6, 2021

I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. Change is hard. How do I measure success?

Startup 155

Startup Metrics Resource Technical Review 155

Startup Professionals Musings

SEPTEMBER 30, 2023

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. You should pick an idea that you can hand off quickly to investors, or one you can grow as a legacy for your family.

Startup 94

Startup Ideas Metrics Entrepreneur 94

Startup Professionals Musings

NOVEMBER 29, 2021

Celebrate ideas. Flush out ideas and let go of the ones that fail. When you want to foster big ideas, it’s important to have a strong sense of urgency, be nimble, and not afraid to embrace change. With a team full of passion, you can accomplish just about anything. The key is to fail quickly. Think small.

Competition 135

Competition Netflix Ideas Metrics 135

Tech Zulu Event

NOVEMBER 28, 2011

He reminded us many times that he is not perfect and 86% of ideas fail. That most of our ideas will not work, but we need to review why each one failed and what we can learn from them in order to progress. Noah has what I believe he called “Thank You metrics”.

Metrics 87

Metrics Email Startup Technical Review 87

SoCal CTO

APRIL 2, 2013

I'm going to be looking at aspects like: Things to consider before building your MVP Features often overlooked when documenting an MVP for developers Understanding important metrics you want to measure Risks and challenges in developing an MVP. It should be a fun evening with lots of interesting conversation. What's going to go wrong?

CTO Coach 219

CTO Coach Metrics Framework Software Development 219

Both Sides of the Table

DECEMBER 11, 2022

I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

Venture Capital 466

Venture Capital Startup LAMP Marketing 466

Startup Professionals Musings

JUNE 17, 2020

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Startup 131

Startup Ideas Organization Entrepreneur 131