Startup Professionals Musings

AUGUST 25, 2023

We all see reports of venture capitalists who invest millions in new businesses, but be assured that these investments come only after you have a proven base business, and have a case for scaling it quickly. Pick a name, location, and marketing strategy early. Define key metrics to measure progress and success.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

MARCH 22, 2023

Smart business owners realize that no returns occur without some investment and risk. You must focus on nurturing a culture of working together, continuous learning, and constant change to keep up with new customer and market changes. Use metrics and data to quantify progress and return.

Startup 111

Startup Satisfaction Metrics Customer 111

Startup Professionals Musings

JULY 26, 2023

Most business metrics I see compare current performance to your own previous experience, rather than your performance compared to industry standards and competitors. Never assume that your “first to market” lead will hold. Technology advancements and user interests evolve over time to change the market.

Metrics 71

Metrics Training Netflix Resource 71

Startup Professionals Musings

JANUARY 25, 2023

Don’t fail to develop the proper comprehensive metrics for assessing how you and any partners are doing in terms of value creation. Others, lured by hot new markets, abandon their core prematurely, with equally disastrous results. Marty Zwilling First published on Inc.com on 1/9/2023 Always keep a balance.

Outsource Development 140

Outsource Development Outsource Startup Metrics 140

Startup Professionals Musings

MARCH 24, 2023

The focus at this level, primarily in companies that have a long history of success, usually in very stable markets, is to continue sustaining and exploiting existing advantages. I see this often in highly regulated markets, and ones driven by bureaucrats. Maturing proficiency with innovation metrics.

Organization 111

Organization Activity Resource Examples 111