Remove 2016 Remove Metrics Remove Product Remove Sales
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

That should make you wonder - how do you measure traction in a metric? According to most experts , business traction is evidence that somebody really wants your product. It’s business momentum, independent of whether you have a product delivered, proven the business model, or significantly penetrated the opportunity.

Metrics 57
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8 Initiatives To Increase Your Business Growth Curve

Startup Professionals Musings

Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially. There is no magic lever for growth, so several initiatives are required, with metrics to assess value returned. Ask every employee to focus on sales. Shorten the close cycle to grow faster.

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How To Stretch Your Comfort Zone For Business Success

Startup Professionals Musings

Define and use metrics to measure your progress. If your comfort zone is relying on gut reactions, it’s time to stretch your understanding of what constitutes customer acquisition cost, margins, pipeline closure rates, and sales ROI. Marty Zwilling First published on Forbes on 09/13/2016.

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6 Trends Generate Huge Data And Startup Opportunities

Startup Professionals Musings

exabytes per month at the end of 2016, of which half was video. There is still infinite room for new startup sales modes and models. Look for and reward quantum changes, like cutting cycle time in half, in your processes, products, and services. Data enable: use metrics and measurements.

Startup 55
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Can Startups Surf The Huge Information Tidal Wave?

Startup Professionals Musings

zettabytes by the year 2016. There is still infinite room for new startup sales modes and models. Look for and reward quantum changes, like cutting cycle time in half, in your processes, products, and services. Data enable: use metrics and measurements. Online entertainment: millions of channels, billions of actors.

Startup 99
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9 Steps To Increasing Your Street Smarts In Business

Startup Professionals Musings

At best, you may find a new revenue stream providing a product or service that eliminates a painful problem for both you and your customers. For example, what looks like a sales revenue problem may actually be a new competitor offering, a marketing decline, or a lag in receivables. Look first for positives.

Metrics 58
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Investors look for sales at full price, to people you don’t know, to validate demand, price, and margin.