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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

A version of this article previously appeared in the Wall Street Journal. As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Wayne Gretzky.

.Net 100
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Danielle goes through some commentary from Bill Gurley, Fred Wilson and Marc Andreessen about burn rate and then goes on to discuss her own burn rate and others publicly weigh in. Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month.

Startup 383
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If Your Passion Is Saving The Environment, Start Here

Startup Professionals Musings

Although I hear more and more about “global warming,” and the many ways we are destroying our environment, I still don’t see many global business winners in this space, comparable to Facebook and Amazon. Choose Energy, and others highlighted in this recent Investopedia article. The percentage is even lower in many other countries.

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Lean on Your Networks When Making Early Hires

Tech.Co

Below we’ll outline how to squeeze those last drops of talent out of your own social circles, how to incentivize current employees to lure in potential candidates in their networks, and how to entice “superconnectors” to recruit through their own far-reaching nets. But how do you go about pitching your friends? Tap Into Your Network.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

If you want to understand my thesis behind Maker you can read this article that outlines the trend , but in summary: People watch 5.3 My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). I had written about Mike before but hadn’t disclosed his name.

Media 320
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Public Company Executives Rarely Adapt To A Startup

Startup Professionals Musings

I agree with the seven survival challenges from Michael Fertik, in an old Harvard Business Review article , for executives making the transition: Empire-building skills are counter-productive. Similarly, acquiring a larger footprint of direct reports is often a sign of success at large businesses. Never cover your a$$.

Startup 103
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7 Failures of Corporate Executives as Entrepreneurs

Startup Professionals Musings

I agree with the seven survival challenges from Michael Fertik, in an old Harvard Business Review article , for executives making the transition: Empire-building skills are counter-productive. Similarly, acquiring a larger footprint of direct reports is often a sign of success at large businesses. Never cover your a$$.