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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

.Net 182
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A Startup’s Net Profit Score Is More Important Than Its Net Promoter Score

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. A Net Promoter Score of 10 and a bank account of 0 equal a failed venture.

.Net 168
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What’s the minimum information to give your investors?

Berkonomics

On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Shareholders may vote on other issues during the year by written consent, including acquisitions, stock issuance, changes to the articles of incorporation and bylaws, and more.

Class 120
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10 Real World Hazards With Taking Your Startup Public

Startup Professionals Musings

In the old days, every entrepreneur planned on taking their startup public, and making it big. Smart entrepreneurs are now starting to look at this option again, as well as the challenges of running a public company. Public companies of any size must comply immediately with the full reporting requirements of the SEC.

Startup 98
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Ten Ways for an Entrepreneur to Expand His Reach

Startup Professionals Musings

As an entrepreneur, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets. Offer your business as a franchise.

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Are Business Plans Still Necessary?

Both Sides of the Table

There were tons of young entrepreneurs showing their latest Web 2.0 and the subsequent acquisition sprees of companies like Google, Yahoo! So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach. ’ Our Net Income will be $40 million.&#.

Web 2.0 334
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10 Ways for Startups to Expand Their Reach in 2012

Startup Professionals Musings

As entrepreneurs, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets. Offer your business as a franchise.

Startup 98