Remove 2023 Remove Company Remove Competition Remove Metrics
article thumbnail

Praying to the God of Valuation

Both Sides of the Table

And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money.

article thumbnail

10 Keys To Success Despite Accelerated Market Change

Startup Professionals Musings

Networking to build and maintain positive relationships with the right people outside your company is something you can’t forget in the rush to get your new business going. Highlight the competitive edge you bring to the market. Put operational systems and metrics in place early. This is not a place for friends and family.

Marketing 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Strategies To Anticipate And Survive New Entrants

Startup Professionals Musings

I see this happening in smaller ways often, where there is minimal focus on competition. Here are some key initiatives that I recommend to every business owner and leader to stave off new competitors before they seriously impact or cause a competitive crisis in your business: Continually compare yourself to known competitors.

Metrics 71
article thumbnail

8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

For example , when Yvon Chouinard founded Patagonia , a successful outdoor products company, his real goal was building safe products to help the environment. Some people love starting companies, while others enjoy scaling them. Marty Zwilling First published on Inc.com on 09/14/2023

Startup 94
article thumbnail

5 Roadblocks To An Excellent Culture In Your Business

Startup Professionals Musings

Company leaders, as well as front-line team members usually realize when they have a problem, but most have no idea what is possible or how to change the culture. Forestall loss of momentum by creating a long-term roadmap of activities and objectives, with metrics, to track implementation and measure results.

article thumbnail

7 Ways To Nurture A Winning Mindset In Business Today

Startup Professionals Musings

Everyone in the company must adopt the principles of customer-first focus, agility in responding to change, and constant innovation to improve your processes as well as the solution. Measure progress through metrics on sales, revenue, and penetration. Marty Zwilling First published on Inc.com on 08/13/2023