socalTECH

SEPTEMBER 29, 2015

XPRIZE , the organization led by Peter Diamandis which runs prize competitions to spur technology advances to solve major, human issues, is taking aim at a big issue with its newest XPRIZE: CO2 emissions from fossil fuels. The XPRIZE group said the technologies will be tested at either a coal power plant or natural gas facility.

Technical Review 100

Technical Review Competition .Net Organization 100

Both Sides of the Table

SEPTEMBER 28, 2014

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. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383

Startup Company Companies .Net 383

Startup Professionals Musings

JULY 25, 2020

New product process. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Failure is the best teacher.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

DECEMBER 2, 2022

The value proposition must clearly define the target customer, the customer’s problem and pain, your unique solution, and the net benefit of this solution from the customer's perspective. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Production.

Sales 102

Sales Customer Custom Outsource 102

Berkonomics

AUGUST 3, 2023

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. There is a lot to say about retaining control.

Venture Capital 295

Venture Capital Startup Class Invest 295

Berkonomics

DECEMBER 29, 2016

Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).

.Net 226

.Net Sales Customer Custom 226

Berkonomics

MAY 7, 2015

You, the lonely fisherman, have to weave a net to catch your fish. Should your net be large and bulky, requiring more effort and expense to weave? Or should it be small and delicate, to catch those fish that would otherwise fall through the net? The size of your market may well define the ultimate size of your dream.

.Net 120

.Net Research Marketing Entrepreneur 120

Startup Professionals Musings

MARCH 25, 2023

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. Understanding competitive early mover requirements.

Organization 94

Organization Invest Customer Custom 94

Startup Professionals Musings

JUNE 21, 2020

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. Understanding competitive early mover requirements.

Organization 173

Organization Invest Customer Custom 173

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. Exploit your product and service differences. You must be able to highlight these differences between your products and services, and those of your competitors.

Customer 100

Customer Custom .Net Competition 100

Startup Professionals Musings

AUGUST 18, 2018

New product process. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Failure is the best teacher.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Startup Professionals Musings

FEBRUARY 4, 2019

This statement leaves no confusion in the minds of investors, or customers, of what the company does and how it is different (and better) than the competition. Great products solve painful real problems, and are not just “nice to have” or “easier to use.” The net value of this solution from the customer’s perspective.

.Net 73

.Net Examples Customer Custom 73

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. Business-to-business products need professional investors. In the real world, most angels are regular business people like you and me.

Funding 119

Funding Startup Platform Examples 119

Both Sides of the Table

APRIL 1, 2015

We offered a service that has a net promoter score of 87 placing us higher than such great brands as USAA, Costco, Apple and Amazon. And while physical storage is a $24 billion market in the US with no brand with more than 10% market share, emotional baggage is unlimited and has no competition. How did we achieve these initial results?

Snapchat 150

Snapchat Press .Net Customer 150

Berkonomics

JUNE 8, 2017

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. There is a lot to say about retaining control. It’s an option, even though an expensive one.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

AUGUST 14, 2016

New product process. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Failure is the best teacher.

Coach 64

Coach Metrics Competition Ideas 64

Both Sides of the Table

DECEMBER 27, 2011

They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). Is it one product line or multiple? If you don’t, somebody else WILL!” ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

AUGUST 12, 2015

New product process. Creating intellectual property, including patents, is the key to long-term value and a sustainable competitive advantage. They benchmark their ideas against competition, use metrics to track acceptance, sales growth, and return on investment. Net result and reward. Failure is the best teacher I know.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Both Sides of the Table

NOVEMBER 3, 2009

People mistook extra doses of Ajax for a successful product. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. I have seen really great product people espouse the death of the business plan. Do so at your peril.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Both Sides of the Table

SEPTEMBER 15, 2013

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. Newsflash – you’ll never have as many customers as Walmart because they sell every kind of product but there are many other retailers who distribute candy bars as well.

Networking 366

Networking Media Content Customer 366

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. Exploit your product and service differences. You must be able to highlight these differences between your products and services, and those of your competitors.

Customer 98

Customer Custom .Net Competition 98

Tech.Co

JUNE 23, 2015

In a continual effort to stay ahead of the competition in this market – which by a large stretch is mostly uncharted territory for startups – Hang w/ recently turned to the power of YouTube. Consequently, our phones have now become video production studios. With Hang w/ they don’t need to decide. It’s absolutely fascinating.

Social Media 88

Social Media .Net Platform Media 88

Startup Professionals Musings

OCTOBER 12, 2010

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. Detail isn’t important; tracking your progress is.

.Net 89

.Net Metrics Competition Template 89

Startup Professionals Musings

DECEMBER 22, 2021

I was happy to see quantified evidence of this in a new book, “ Winning on Purpose ,” by Fred Reichhheld, creator of the Net Promoter system of management, in concert with Darci Darnell and Maureen Burns. The business environment and customer cultures around the world change rapidly these days, so the status quo is never good enough.

Customer 114

Customer Custom Satisfaction Metrics 114

Startup Professionals Musings

MAY 23, 2012

New product development process. Longer-term, enhanced product value begets superior company valuation through your organization’s intellectual property (IP) portfolio. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Value creation.

Coach 98

Coach Ideas IP Sales 98

Startup Professionals Musings

MAY 14, 2012

The most common failures are solutions looking for a problem, lack of a defined market, and giving away the product. The value proposition must clearly define the target customer, the customer’s problem and pain, your unique solution, and the net benefit of this solution from the customer's perspective. Production. Competition.

Sales 97

Sales Customer Custom Outsource 97

Tech Zulu Event

MARCH 7, 2013

CapLinked also netted in new customers such as Thomson Reuters, Sun Capital, and Equity Partners, NextView Ventures and crowd-funding service AI Verified which will take advantage of its iPad compatibility, bulk uploading, and reporting tools.

Mobile 91

Mobile Report Pricing Tool 91

Startup Professionals Musings

MARCH 9, 2011

New product development process. Longer-term, enhanced product value begets superior company valuation through your organization’s intellectual property (IP) portfolio. Make sure all team members have some connection with the product – has either used it, or sold it, or assembled it. Net result and reward. Value creation.

Coach 93

Coach Ideas IP Sales 93

Startup Professionals Musings

JANUARY 29, 2011

The most common failures are solutions looking for a problem, lack of a defined market, and giving away the product. The value proposition must clearly define the target customer, the customer’s problem and pain, your unique solution, and the net benefit of this solution from the customer's perspective. Production. Competition.

Sales 98

Sales Customer Custom Outsource 98

Startup Professionals Musings

MARCH 2, 2012

The competition never stands still, and new opportunities are evolving, based on culture changes in your customers, new technologies, and new problems in the world which need to be solved. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets.

Startup 98

Startup Customer Custom Entrepreneur 98

Startup Professionals Musings

NOVEMBER 15, 2010

The competition never stands still, and new opportunities are evolving, based on culture changes in your customers, new technologies, and new problems in the world which need to be solved. I’ve netted out his and others to create the following basic strategy for entrepreneurial growth: Apply your core competency to related markets.

Entrepreneur 100

Entrepreneur Customer Custom .Net 100

Tech Zulu Event

APRIL 23, 2013

Founded in the summer of 2011 and their first product out a few weeks ago amSTATS wants to help users to follow fitness events and programs near them and find a great fitness trainer to help them stay fit. Any competition in LA? We haven’t identified any competition in LA, specifically. Braintree Payment integration is another.

Social Network 92

Social Network Networking Training Summary 92

socalTECH

MAY 18, 2010

The net-net, is they want to simplify their lives, and we've given them an application that allows them to simplify their life, save money, and share. Al Eisaian: This time, I didn't build the product and then go test it. Instead, I actually go the users I wanted engaged right off the bat, in the product development stage.

Mobile 168

Mobile .Net Pasadena Software Review 168

Startup Professionals Musings

AUGUST 10, 2014

Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention and high revenue per employee. Understanding competitive early-mover requirements.

Entrepreneur 98

Entrepreneur Organization Invest Customer 98

Startup Professionals Musings

APRIL 2, 2012

An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters. When you send a business plan to an investor, remember that the purpose is not to sell your product or service, but to sell you and your business model.

Summary 97

Summary Technical Review .Net Ideas 97

Startup Professionals Musings

JUNE 26, 2016

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. Understanding competitive early mover requirements.

Startup 58

Startup Organization Invest Customer 58

Berkonomics

JANUARY 20, 2010

Certainly bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. There is a lot to say about retaining control.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174