Startup Professionals Musings

OCTOBER 1, 2010

You hear a lot of talk these days about the importance of customer satisfaction, but customer loyalty is the real win. Whatever the reasons for the change, and there are many, it represents a big opportunity to the small businesses and startups who recognize it. Customers say it takes ten good experiences to make up for one bad one.

Satisfaction 49

Satisfaction Custom Customer Startup 49

Startup Professionals Musings

MARCH 22, 2012

You hear a lot of talk these days about the importance of customer satisfaction, but customer loyalty is the real win. Herein lies an opportunity for startups to beat the big guys. Whatever the reasons for the change, and there are many, it represents a big opportunity to the small businesses and startups who recognize it.

Custom 104

Custom Customer Startup Competition 104

Tech.Co

DECEMBER 4, 2020

Under Hsieh’s leadership, Zappos revolutionized the apparel industry, and e-commerce in general, by being one of the first to prioritize customer satisfaction and service. To build trust in e-commerce with the greater public, his company came up with innovative ideas and fostered new customer behaviors.

Commerce 206

Commerce Statistics Custom Customer 206

Startup Professionals Musings

AUGUST 25, 2023

Of course, starting and running your own business comes with financial and personal risks, so I always recommend that you do your homework first, and follow some tried and proven strategies to improve your odds of success. These days, you can’t start and run a business alone. Network extensively for partners, investors, and suppliers.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. Facebook, for example, ended up raising almost $16 billion through its IPO.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

APRIL 15, 2016

There seems to be a big debate these days about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model.

Entrepreneur 63

Entrepreneur Startup Satisfaction News 63

Startup Professionals Musings

JUNE 8, 2016

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. Usually it pays to move a startup slower rather than risk relationships. Many times friends and family have been broken by failed investments.

Funding 57

Funding Startup Satisfaction Entrepreneur 57

Startup Professionals Musings

JULY 19, 2013

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 98

Startup Entrepreneur Statistics Equity 98

Startup Professionals Musings

MAY 5, 2017

If your dream has long been to start and manage your own business, there is no time like the present to get started. Statistics show that the failure rate for new businesses within the first four years is fifty percent or greater, even with companies that have a large startup budget.

Social Media 57

Social Media Search Engine Optimization Startup Custom 57

Startup Professionals Musings

JANUARY 11, 2016

Take an honest look at your motivation, resources and relationships before initiating a startup. No amount of passion and startup planning will make everything work exactly right the first time. Don’t set up such a frenzied schedule that you will burn out after a few weeks or even a few months. And he is an optimist.

Startup 62

Startup Ideas Entrepreneur Statistics 62

Startup Professionals Musings

JANUARY 31, 2012

But recently I was asked about success factors for services startups, and I quickly realized that there is very little published to help the thousands of startups that fall in this category. It’s hard to make up for a low margin by increasing your volume of work. Create and maintain the highest level of customer satisfaction.

Satisfaction 91

Satisfaction Patents Outsource Development Services 91

Startup Professionals Musings

JANUARY 20, 2017

Starting and running a business is hard. As an angel investor in startups, I often find myself looking harder at the quality of the team and the leadership, than at the details of the product and business model. Don’t believe the old myth that with a few hours of work a day and a great web site, you can get rich while you sleep.

Funding 55

Funding Satisfaction Custom Customer 55

Startup Professionals Musings

SEPTEMBER 20, 2010

But recently I was asked about success factors for services startups, and I quickly realized that there is very little published to help the thousands of startups that fall in this category. It’s hard to make up for a low margin by increasing your volume of work. Create and maintain the highest level of customer satisfaction.

Product 91

Product Services Satisfaction Patents 91

Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107

Startup Professionals Musings

AUGUST 19, 2017

Most entrepreneurs struggle with many startup founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Entrepreneur 57

Entrepreneur USC Statistics Equity 57

Startup Professionals Musings

AUGUST 9, 2018

Even more disappointing are other statistics that show most websites that do exist have a very low “conversion rate,” or ratio of visitors to the site versus ones who meet your goal of buying a product or signing up for a newsletter. Effective guarantees include: price-match, satisfaction, payment-deferral—even weather.

SEO 53

SEO Tips Newsletter Statistics 53