maximize 
Startup Professionals Musings
NOVEMBER 21, 2015
Here are key maxims that I believe indicate a growth mindset rather than a fixed mindset: A need to learn from customers, rather than educate them. Successful entrepreneurs start with a customer problem, and develop a solution, rather than the other way around. Partnering with customers, rather than acting as a supplier.
Berkonomics
APRIL 8, 2021
From its start in 2015, the number of registered users has “suddenly” climbed from 45 million in 2017 to a reported 300 million by the end of 2020. A pivot or product enhancement in reaction to user or customer comments will advance your chances of success. Discord is a great example of a company going viral mostly from word of mouth.
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Startup Professionals Musings
OCTOBER 10, 2015
Does it mean the right thing from a customer perspective, societal impact, maximizing business returns or personal benefit? Another article indicates that 80 percent of customers continue to base some portion of their buying decisions on their perceptions of the company’s ethics. Be a coach, rather than a dictator.
Startup Professionals Musings
JUNE 7, 2015
Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices. Doing business is a human process.
Both Sides of the Table
JANUARY 6, 2014
The functions of an early-stage board are pretty obvious and well understood: Providing introductions to customers, biz dev partners, recruits, the press, other investors, etc. Over time you start to figure out who you customers are and how to sell to them or how to get them to adopt your products if you’re a consumer-oriented startup.
Startup Professionals Musings
MARCH 7, 2016
Founders soon learn that customers only spend real money for solutions rather than ideas. A good execution requires a plan and the right people, combined to create operational excellence and exceptional customer value. billion in 2015. The whole team is required to deliver a winning customer experience.
Startup Professionals Musings
JUNE 12, 2015
Here are some best practices that I recommend for inexperienced entrepreneurs to maximize their odds of survival and success in dealing with grants and making the tradeoffs: Look for assistance, not experts. The only real funding that counts in startup success comes from customers. Don’t try the grant process alone the first time.
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