Berkonomics

OCTOBER 28, 2021

This insight is like a Hans Christian Anderson parable, but aimed at you and your business… There are big fish and small fish, potential customers, all swimming in the sea that is your potential marketplace. You, the lonely fisherman, must weave a net to catch your fish. TAM, SAM & SOM? This lesson is important. .

.Net 156

.Net Statistics Marketing Research 156

Startup Professionals Musings

APRIL 21, 2023

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. From time to time, include customers and sales members in ideation sessions.

Coach 137

Coach Metrics Competition Ideas 137

Startup Professionals Musings

APRIL 26, 2015

Not so long ago, every business assumed that the keys to success were the highest quality product, the best value for the buck, and the best customer service. Now all we hear about is providing the best “customer experience.” You have to hear your customer’s dreams, goals, passions, and aspirations.

Custom 100

Custom Customer .Net Competition 100

Startup Professionals Musings

AUGUST 4, 2017

Not so long ago, every business assumed that the keys to success were the highest quality product, the best value for the buck, and the best customer service. Now all we hear about is providing the best “customer experience.” You have to hear your customer’s dreams, goals, passions, and aspirations.

Custom 85

Custom Customer Product Marketing 85

Startup Professionals Musings

MARCH 11, 2014

Not so long ago, every business assumed that the keys to success were the highest quality product, the best value for the buck, and the best customer service. Now all we hear about is providing the best “customer experience.” You have to hear your customer’s dreams, goals, passions, and aspirations.

Custom 98

Custom Customer .Net Competition 98

Berkonomics

DECEMBER 29, 2016

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. There is a phenomenon I have observed time after time with mature companies receiving over 75% of their revenues from recurring sources.

.Net 226

.Net Sales Custom Customer 226

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. How will you reach your customers?

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

OCTOBER 11, 2013

Many startups and mature businesses have not yet adapted to the fact that customer satisfaction in this “always connected” age is more than product and service quality. It’s more about which customers broadcast their pleasure or unhappiness to others. Here are four basics that always apply: Customer retention is priority number one.

Custom 97

Custom Customer Satisfaction Social Media 97

Startup Professionals Musings

JULY 25, 2020

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. From time to time, include customers and sales members in ideation sessions.

Coach 144

Coach Metrics Social Network Competition 144

Tech Zulu Event

APRIL 9, 2015

Regardless which side of the isle you stand politically, you can be rest assured that the passage of net neutrality is a positive for you, and your ability to access the Internet like you have since the 1990’s. Companies like Etsy, eBay, Craigslist, and Netflix have succeeded because everyone has fair access to the Internet.

.Net 40

.Net Netflix Web Cloud Computing 40

Berkonomics

AUGUST 3, 2023

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). Many accelerators have come and gone during these past five years.

Venture Capital 295

Venture Capital Startup Class Invest 295

Startup Professionals Musings

MARCH 25, 2023

Twitter showed no focus on revenue in the first five years, but was able to parlay 500M users into a $53B public company, and now growing revenue. Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. High customer loyalty and high team passion.

Organization 94

Organization Invest Custom Customer 94

Startup Professionals Musings

JUNE 21, 2020

Twitter showed no focus on revenue in the first five years, but was able to parlay 500M users into a $35B public company, and now growing revenue. Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. High customer loyalty and high team passion.

Organization 173

Organization Invest Custom Customer 173

Tech Zulu Event

APRIL 22, 2015

Their stated purpose is to further a policy of net neutrality by preventing Internet Service Providers from engaging in certain practices deemed anti-competitive by the agency. The fear was that companies, or consumers, that didn’t pay extra could face consequences. Business Op-Ed international Internet Net Neutrality'

.Net 40

.Net Examples Training Services 40

Berkonomics

AUGUST 23, 2018

The net cost of such a failure to pre-think this event would have been in the millions, stated the CEO, but were successfully hedged against just as the dollar declined. As a result, his was the only company among the competition to continue to service his medical industry customers when just such an event occurred.

.Net 120

.Net Email Competition Examples 120

Startup Professionals Musings

MAY 2, 2021

As it turned out, 17 of the 27 companies were still in business seven years later, which is at least double that of other studies. To determine what factors made a difference, the researchers compared the 27 companies using numerous variables. Here is my own net of those seven habits: Founder is ready, willing, and able to learn.

Startup 170

Startup Study Journal Sample 170

Tech Zulu Event

MARCH 31, 2015

Telecom has announced that it has filed suit against the United States government in response to the recent ruling by the Federal Communications Commission on Net Neutrality. This Act was previously applied to phone companies. Telecom Association to Sue United States Government Over Net Neutrality appeared first on TechZulu.

.Net 40

.Net Networking Content Services 40

Berkonomics

MAY 7, 2015

This is like a Hans Christian Anderson parable, but aimed at you and your business… There are big fish and small fish, potential customers, all swimming in the sea that is your potential marketplace. You, the lonely fisherman, have to weave a net to catch your fish. Email readers, continue here…] This lesson is important.

.Net 120

.Net Research Marketing Entrepreneur 120

Startup Professionals Musings

FEBRUARY 4, 2019

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. Investor and customer attention spans are short, and both will write you off quickly.

.Net 73

.Net Examples Custom Customer 73

Berkonomics

AUGUST 13, 2011

The net cost of such a failure to pre-think this event would have been in the millions, stated the CEO, but were successfully hedged against just as the dollar declined. As a result, his was the only company among the competition to continue to service his medical industry customers when just such an event occurred.

Develop 191

Develop Development .Net Competition 191

Both Sides of the Table

SEPTEMBER 15, 2013

Along with Greycroft Partners we were the first investors in Maker Studios 3 years ago when the company had no revenue and limited infrastructure. Of course it’s a competitive market so MCNs competing for top talent not only compete on rev share to talent but also to services that they provide talent. Sound interesting?

Networking 366

Networking Media Content Custom 366

Startup Professionals Musings

NOVEMBER 18, 2019

The challenge is that too many are confused on what that means for them, and what it takes to make their business competitively agile. These authors, and I agree, define agility in business as the ability to detect and assess changes in the competitive world in real time, and then take decisive and effective action.

Competition 102

Competition Examples Startup Resource 102

Startup Professionals Musings

AUGUST 12, 2015

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Net result and reward. Set milestones and meet them. Ownership. Value creation.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Startup Professionals Musings

AUGUST 18, 2018

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. From time to time, include customers and sales members in ideation sessions.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Both Sides of the Table

DECEMBER 27, 2011

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. While Google and Facebook will buy “acquihires” (at least as of Dec 2011), many acquirers hate the idea of buying companies that aren’t profitable. ” But they want to do it with leverage. Operating Costs.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

SEPTEMBER 28, 2018

entrepreneurs consistently claim to be happier , and have a higher net worth than employees. There are some key strategies I recommend in developing that mindset, whether you are currently and employee or an aspiring entrepreneur: Keep the business customer at the top of your pyramid. Maximize your impact on the success of the company.

Entrepreneur 93

Entrepreneur Satisfaction Custom Customer 93

Startup Professionals Musings

DECEMBER 9, 2019

To refresh your memory, angel investors are typically high net worth individuals, accredited by the SEC and willing to invest their own money in a high-potential startup for a share of the ownership. If your target customer is a business, rather than a consumer, I recommend you skip crowdfunding as poorly applicable.

Funding 119

Funding Startup Platform Examples 119

Startup Professionals Musings

DECEMBER 30, 2019

Whether you are looking for partners, investors, or future customers, you need to show a level of professionalism and leadership very early that will draw people to your idea. Be sure to net out the opportunity and the solution in the first thirty seconds. Make it light, but factual. Think of it as an infomercial.

Ideas 126

Ideas Slides Sample Examples 126

Berkonomics

JUNE 8, 2017

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). It’s an option, even though an expensive one.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

AUGUST 5, 2016

While struggling to net out what they are looking for, I found help in a new book, “ Wicked Strategies ,” by John C. Camillus, who has studied this challenge for years at Harvard and with several Fortune 500 companies. In mature companies, no one wants to risk the existing market share or sunk costs.

Technology 57

Technology Competition Custom Customer 57

Startup Professionals Musings

AUGUST 14, 2016

In my experience, finding real innovation in existing company environments is even tougher. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. From time to time, include customers and sales members in ideation sessions.

Coach 64

Coach Metrics Competition Ideas 64

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

Both Sides of the Table

NOVEMBER 3, 2009

Ajax was the new buzzword and many companies went overboard. and the subsequent acquisition sprees of companies like Google, Yahoo!, Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Cisco and others went out to fill out their Web 2.0

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Both Sides of the Table

FEBRUARY 10, 2011

some fun, big tech issues like privacy, net neutrality, location-based services and real-time data. A very big thanks to Alexandra Harris, the founder of FanCause , a company that aims to connect entertainment brands with their fans to raise money. lessons learned from his days as an entrepreneur. Sounds like a noble cause.

Angel 302

Angel Startup Ideas .Net 302

socalTECH

MAY 27, 2011

Ever since the huge success of Monrovia-based Green Dot in its IPO last year, netting a huge return for local angels, investors here have taken a second look at financial startups. We spoke with founder Jonathan Cooper about what the company is all about. Customers can send money online or via their phone. What is ATMCASH?

Class 168

Class Monrovia .Net Custom 168

Startup Professionals Musings

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. How will you reach your customers?

Sales 97

Sales Custom Customer Outsource 97

Startup Professionals Musings

OCTOBER 12, 2010

In business, one important measure is the value of the company. That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth.

.Net 89

.Net Metrics Competition Template 89