Startup Professionals Musings

JANUARY 6, 2020

The way to start is with a sample financial model, available from many sources on the Internet, such as over 200 downloadable free from the Corporate Finance Institute website. For maximum value with the least effort, focus on only the “what ifs” that are the highest priority in your mind for your own startup.

Startup 123

Startup Pricing Sample Customer 123

InfoChachkie

NOVEMBER 18, 2010

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. Turning Net Promoters Into Net Profits. Shots On Goal.

.Net 182

.Net Satisfaction Entrepreneur Customer 182

InfoChachkie

NOVEMBER 18, 2010

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. Net Promoter Scores (NPS) are the darling of many Big Dumb Company (BDC) product marketing and customer support executives. Turning Net Promoters Into Net Profits. Shots On Goal.

.Net 168

.Net Satisfaction Customer Custom 168

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” The most obvious way to explain this is with sales people. Gross Profit (also called Gross Margin or sometimes “Net Revenue”).

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

APRIL 21, 2023

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Net result and reward. Failure is the best teacher.

Coach 137

Coach Metrics Competition Ideas 137

TechCrunch LA

OCTOBER 5, 2020

Today, one of the companies that is supplying produce and other items both to consumers and other services that are in turn selling food and groceries to them, is announcing a new round of funding as it gears up to take its next step, an IPO. ” I don’t doubt that he means it.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Both Sides of the Table

APRIL 16, 2011

After college Joanne worked for 4 years in retail apparel at Macy’s where she initially managed sales reps on the floor and then worked as a buyer of clothing. This is where she first developed sales skills. She doubled her salary by going into sales. to $12m in sales. She came in and took over the business.

Startup 311

Startup Sales Venture Capital Entrepreneur 311

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 102

Sales Customer Custom Outsource 102

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. READ MORE>>.

Southern California 133

Southern California Commerce Acquisition .Net 133

InfoChachkie

JANUARY 5, 2015

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. A recurring entrepreneurial challenge is to determine the optimal price of a new product, especially absent a directly competitive alternative. Price = Value.

Pricing 100

Pricing Product Startup Customer 100

Startup Professionals Musings

JULY 25, 2020

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Net result and reward. Failure is the best teacher.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

MARCH 31, 2023

In the classic book, “ Driving Demand: Transforming B2B Marketing to Meet the Needs of the Modern Buyer ,” top marketing consultant Carlos Hidalgo updates the old guidelines on how to set up demand generation processes, keep them current, and measure results. Understanding culture is paramount, but measuring results is even better.

Metrics 102

Metrics Demand Paramount Content 102

Startup Professionals Musings

JULY 3, 2020

In the classic book, “ Driving Demand: Transforming B2B Marketing to Meet the Needs of the Modern Buyer ,” top marketing consultant Carlos Hidalgo updates the old guidelines on how to set up demand generation processes, keep them current, and measure results. Understanding culture is paramount, but measuring results is even better.

Marketing 174

Marketing Invest Demand Metrics 174

Startup Professionals Musings

FEBRUARY 28, 2015

The way to start is with a sample financial model, freely available from many sources on the Internet, such as this one from Entrepreneur. Another alternative is to build one yourself, starting with a few formulas to extrapolate early revenues and expenses into the five-year projections normally requested by banks and investors.

Startup 103

Startup Pricing Sample Customer 103

InfoChachkie

JANUARY 18, 2012

Mark is a Partner at GRP Partners and authors one of the most widely read startup blogs, BothSidesOfTheTable. Start – It’s The Only Way You Will Know. Mark reinforced this message by telling the students, “I didn’t start young enough. I started at 31. The reality is, most startups do not work.

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

Berkonomics

AUGUST 10, 2017

Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

Venture Capital 243

Venture Capital Product Resource Marketing 243

Both Sides of the Table

APRIL 25, 2011

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. You’re a small fish.

Services 332

Services Venture Capital IP Startup 332

Startup Professionals Musings

APRIL 14, 2014

Sponsored by VISA Business If you have a unique product or service, and you are not selling it around the world on the Internet, now is the time to start. In the early days (20 years ago), most new e-commerce sites, for example, cost a million dollars to set up. Start simple. The cost of entry has never been lower.

Startup 100

Startup Commerce Sites Blogging 100

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 266

Venture Capital Class Invest Equity 266

Tech.Co

MARCH 25, 2022

Grocery delivery startup Instacart used to be valued at $39 billion. Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door. Now, it has dropped that valuation to just $24 billion, a drop of 38%.

Advertising 116

Advertising Tool .Net Google 116

Startup Professionals Musings

AUGUST 1, 2013

The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. Your startup may be profitable, but broke. You can make profits without making any money, since the first priority of most startups is to reinvest everything back into the business for growth.

Startup 114

Startup Sales Layoffs Slides 114

Both Sides of the Table

JANUARY 5, 2010

I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. They often make great team members such as head of products, CTO, head of sales, CFO, etc. A caller dialed in to ask us questions about his startup. I was recently on TWiST with Jason Calacanis.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Startup Professionals Musings

NOVEMBER 26, 2012

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” Well, if the parties agree to a pre-money valuation of $1M, then the post-money investor ownership is 50% (founders give up half interest, and lose control).

Startup 108

Startup Invest Patents Outsource Development 108

socalTECH

AUGUST 2, 2017

Our interview today is with Alan Horsager , the CEO of Pasadena-based Episona (www.episona.com), an angel backed startup which has already developed and has been offering up an epigenetic test for male fertility. Our first product is called Seed, which is a screening test for male infertility. That's essentially how it started.

USC 100

USC Technical Review Startup Southern California 100

Both Sides of the Table

JANUARY 10, 2010

It was recommended to me by my friend, Net Jacobsson , who was trying to do some basic Life Hacking. Let me start by saying I’m a huge business book cynic. But Net had told me that he picked up some valuable lessons from the book, so I thought, “WTF? You’re on the DS (deferred startup) plan.

Startup 295

Startup Email Technical Review Course 295

Startup Professionals Musings

AUGUST 12, 2015

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Net result and reward. Training and coaching.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Both Sides of the Table

MARCH 22, 2012

Your entrée to sales meetings. More likely they either end up finding an excuse not to meet, delaying a meeting indefinitely or in most cases actually taking a meeting. Ask yourself the tough question about how you might spend that time more productively getting your job done well. Helping with a Sales Lead.

Email 359

Email Venture Capital Startup Technical Review 359

Startup Professionals Musings

JANUARY 17, 2016

In the new business world, many entrepreneurs are so excited with large initial orders that they don’t anticipate the cash flow challenges that can quickly kill their startup. Your startup may be profitable, but broke. Seasonal sales fluctuations eat cash. Every startup has an unplanned pivot, and these all drain cash.

Startup 64

Startup Sales Layoffs Slides 64

socalTECH

DECEMBER 12, 2014

If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. John Tomich: We started our company in 2004, and we''re now about ten years old.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Startup Professionals Musings

NOVEMBER 18, 2011

If you have a unique creation or invention, and you are not selling it around the world on the Internet, now is the time to start. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. Start simple.

Commerce 99

Commerce Startup Sites Tool 99

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. Too many businesses I know still see customer service as a burden, rather than an opportunity to gain loyalty and advocacy.

Customer 114

Customer Custom Satisfaction Metrics 114

Startup Professionals Musings

AUGUST 18, 2018

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Net result and reward. Failure is the best teacher.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

InfoChachkie

MARCH 2, 2019

Thus, she agreed to name the startup after her husband and his friend Harold “Matt” Matson, resulting in the name Mattel. Ruth had previously headed the company’s sales efforts, but she formally moved up to the CEO role upon Matson’s departure. In 1955, the company’s net work was $500,000 ($4.6

Company 100

Company Companies Sales Sample 100

Both Sides of the Table

JULY 16, 2010

LP’s who invest in funds are typically university endowments, public & private pension funds, insurance companies, large corporations and very high net worth individuals called “family offices.&# To give you an indication of how bad, for example, university endowments are suffering check out this chart.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Startup Professionals Musings

SEPTEMBER 16, 2010

If you have a unique creation or invention, and you are not selling it around the world on the Internet, now is the time to start. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. The cost for the domain name is maybe $10/year, and the hosting starts around $50/year. Start simple.

Commerce 88

Commerce Startup Sites Tool 88

InfoChachkie

SEPTEMBER 22, 2011

If there happens to be a gas station along the way where you can fill up for a reasonable price, great. In 2000, at Expertcity (creator of GoToMyPC and GoToMeeting, acquired by Citrix), we raised $30 million at an $80 million pre-money valuation – for a startup with absolutely zero revenue. However, do not count on it.

Startup 221

Startup Pricing Entrepreneur Email 221

Startup Professionals Musings

AUGUST 14, 2016

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Startups which display real innovation, such as alternative energy sources and new medical treatments, are still rare. New product process. Net result and reward. Failure is the best teacher.

Coach 64

Coach Metrics Competition Ideas 64