Remove .Net Remove Customer Remove Reference Remove Report
article thumbnail

Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.

.Net 100
article thumbnail

What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. Customer financing often comes in the form of your company agreeing to build a product with a “sponsor&# customer or two and helping them with the rollout / implementation. You own the IP you create.

Services 332
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

At Citrix, GoToAssist customers would occasionally ask if they could just pay for our screen-sharing functionality because they didn''t intend to use the product''s other features, such as reporting and session recording. The effort to implement this customization was minimal and thus cost us very little. customers paid $119.40

Pricing 100
article thumbnail

Interview with Wil Schroter, Fundable

socalTECH

One way is getting funding from your potential customers. They're raising money from friends, family, customers, equity from strategic partners, and former colleagues. The best way is through customers, the other way is through equity. However, it's an idea with a prototype, and a great customer capital deal.

Startup 223
article thumbnail

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. I suggest to customize your pitch for them. Tap Into Your Network.

article thumbnail

Are You an Entrepreneur?

InfoChachkie

One or both of your parents may have the personality of an entrepreneur, but if their parents were struggling entrepreneurs who put in long¬-hours and netted meager returns, then your parents may have rejected their latent entrepreneurial tendencies. They seemed as surprised by their popularity as the reporters who covered Beatlemania.

article thumbnail

Boomers are Looking for Another Bite at the Apple

Startup Professionals Musings

News & World Report , people over 40 were key players in 86.6% The article also refers to government data showing that those 55 to 64 and older represent one of the fastest growing groups of self-employed workers. Customer Service. of startup businesses as far back as 2005. Angel Investor.

Mentor 75