Remove 2016 Remove Demand Remove Entrepreneur Remove Metrics
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

Almost every entrepreneur looking for outside investors has heard the annoying rejection, “You are just too early – come back when you have more traction.” That should make you wonder - how do you measure traction in a metric? A useful traction metric is how many constraints have been removed, with resolution times.

Metrics 57
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

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7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Good entrepreneurs are all about managing change, but too many forget that they have to change themselves as their dream evolves from a startup to a scalable business. You can’t demand total loyalty from all, so you have to learn to accept criticism without being defensive. Not every entrepreneur needs to scale.

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7 Steps To Turning Business-As-Usual Into A Moonshot

Startup Professionals Musings

Moonshots are simply efforts that demand breakthroughs that are not possible within business-as-usual practices. In reality, that’s the definition of a successful startup these days, so every aspiring entrepreneur should take note, as well as every existing corporate executive. Marty Zwilling First published on Forbes on 07/15/2016.

Startup 56
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8 Initiatives To Make Your Customers Loyal Advocates

Startup Professionals Musings

The bar is being raised, so every entrepreneur needs new initiatives just to stay in the ballgame. Some entrepreneurs are so focused on their technology, they assume their customers think the same way. It must be written down, with measurable team objectives, validated by metrics and compared against competition.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. The metrics were good but we wondered how much better they would be when we expanded our product. But that’s harder to build in 2016 than it was in say 2005.

Startup 150