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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
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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. In a booming tech market like 2011 it’s easy to think your business will always expand. That is $12 million in profits over 3 years. They mistake their successes in selling services as a competency in selling products.

Services 332
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Interview with Wil Schroter, Fundable

socalTECH

First, which is the most important and gets least reported on, is lots of people can now publicly say they're raising money, and on what terms. Wil Schroter: One would be a company that has a mass market product, and just needs some cash to get out the door. The JOBS Act did two important things.

Startup 223
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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. However, using a value-based approach, we charged $10,000, much to the chagrin of our engineers.

Pricing 100
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Are You an Entrepreneur?

InfoChachkie

As discussed in Inventors vs. Innovators , most entrepreneurs iterate on preexisting ideas to the point that the inventions represent marketable value propositions upon which sustainable companies can be created. They seemed as surprised by their popularity as the reporters who covered Beatlemania. Do not despair.

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Boomers are Looking for Another Bite at the Apple

Startup Professionals Musings

First of all, the Boomer demographic is currently the single largest, mainstream pool of experienced talent in the market today (76 million people strong). News & World Report , people over 40 were key players in 86.6% I will argue that times have changed, and you better take another look. of startup businesses as far back as 2005.

Mentor 75