Startup Professionals Musings

NOVEMBER 14, 2012

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. Here is my selection of ten key metrics that every six-sigma joint like GE tracks without thinking, but too many small businesses only monitor haphazardly, if at all: Sales revenue.

Metrics 106

Metrics Startup Sales Statistics 106

Startup Professionals Musings

JANUARY 9, 2022

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 135

Social Media Framework Media Metrics 135

Startup Professionals Musings

SEPTEMBER 11, 2021

Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. I like to see at least 10,000 active users, or a user base, page-views, or mobile downloads that double every three months.

Startup 121

Startup Metrics Customer Custom 121

Startup Professionals Musings

OCTOBER 13, 2021

Yahoo has been an example of a company which expanded in all directions through 53 acquisitions, to the point where most customers were confused, and it was overtaken by Google as your main search engine. Hypermetricemia – metrics for everything. Make sure your vision is clear and communicated.

Metrics 133

Metrics Product Yahoo Examples 133

Startup Professionals Musings

APRIL 3, 2019

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 96

Social Media Media Marketing Metrics 96

Startup Professionals Musings

DECEMBER 13, 2019

Some chaos is normal in every new business, but many wait far too long before they install metrics based on “best practices,” and fail to attack obvious bottlenecks with a vengeance. Yet I still see expense budgets based on traditional channels, with no strict metrics on cost of customer acquisition by channel, or lifetime customer value.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

Startup Professionals Musings

DECEMBER 22, 2021

Happy customers quickly become your biggest advocates, today reaching far beyond friends and family, and they make traditional marketing efforts pale in comparison for growth, loyalty, and new customer acquisition costs. Use metrics to assess needs and growth economics. Inspire your teams with love and affirmation.

Customer 114

Customer Custom Satisfaction Metrics 114

Both Sides of the Table

JANUARY 25, 2015

Nowhere is this more obvious than eCommerce where many companies juice growth through massive over-spending on customer acquisition only to hit a break wall when consumers don’t love the brand and keep coming back once the heroine-induced traffic disappears. Not vanity metrics. Push yourself hard to be honest with yourself.

Product 150

Product Startup Metrics Technical Review 150

Startup Professionals Musings

MAY 1, 2019

With the real data from that surge, you need to take a hard look at business model realities, cost of customer acquisition, inventory costs, and other key metrics. Here is my summary of the key focus activities of that challenge for every business owner: Manage cash flow daily and plot a plan to profitability.

Metrics 86

Metrics Startup Training Customer 86

Startup Professionals Musings

APRIL 1, 2017

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 62

Social Media Media Metrics SEO 62

Startup Professionals Musings

AUGUST 18, 2013

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 102

Social Media Media Product Metrics 102

Startup Professionals Musings

AUGUST 12, 2015

The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (now over 2500 in the US alone). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Ownership.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Jason Nazar

MAY 1, 2016

I’ve been a part of dozens (maybe hundreds) of product launches And in each of these cases I ask my team to put together a simple dashboard of a small set of metrics for our paid and free products that let me know the success of our efforts. For startup entrepreneurs, you can also track these metrics with Google analytics.

Marketing 40

Marketing CPC Metrics .Net 40

socalTECH

JANUARY 14, 2011

Its primary goal is to focus on identifying what is truly driving demand, analytically, so that our customers can optimize their activities. We have a very sophisticated, analytics and software platform that over half the Fortune 50 are now using, to help guide how they invest in marketing and sales activities and investments.

Social Media 235

Social Media Demand Activity Marketing 235

Jason Nazar

NOVEMBER 1, 2015

I’ve been a part of dozens (maybe hundreds) of product launches And in each of these cases I ask my team to put together a simple dashboard of a small set of metrics for our paid and free products that let me know the success of our efforts. For startup entrepreneurs, you can also track these metrics with Google analytics.

Marketing 40

Marketing CPC Metrics .Net 40

Startup Professionals Musings

JULY 27, 2012

They randomly churn for hours a day on a couple of their favorite social media platforms, with little though given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 91

Social Media Media Metrics SEO 91

Startup Professionals Musings

AUGUST 14, 2016

The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (over 2500 in the US alone). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Set milestones and meet them.

Coach 64

Coach Metrics Competition Ideas 64

socalTECH

DECEMBER 11, 2017

In the last few years, we've seen a spurt of activity where technology has started to penetrate the industry, and has started to change it. You have to make sure your cost of acquisition, retention rates, and conversion metrics are all in place. The top 10 companies only make up 45 percent of the entire space.

Startup 174

Startup Metrics Customer Custom 174

Startup Professionals Musings

MAY 10, 2019

Use business metrics and tools to tune your efforts. More social media activity doesn’t mean a higher return on investment. Always gauge progress by business indicators, like customer acquisition cost and customer satisfaction. Do your homework before you begin.

Social Media 99

Social Media Media Tool Startup 99

Startup Professionals Musings

AUGUST 27, 2018

Allocate funds for intrapreneurship and acquisitions. Set metrics and rewards specifically for innovation. Metrics can be used to change ingrained behavior, as well as build revenue. Every one of us must actively be inventing the future, rather than reacting to it. People work on what they get measured on.

Metrics 58

Metrics IBM IBM Competition 58

socalTECH

SEPTEMBER 27, 2013

We don''t spend a lot of time there, except that we''re active investors and bankers who are affected by what''s happening in the IPO market. How about mergers and acquisitions? This might be self serving, because we have a bias and a number of global offices, but international buyers in Asia are far more active now.

Southern California 124

Southern California SoCal Commerce Invest 124

socalTECH

JANUARY 24, 2011

We have about 500 pretty active users, ranging from agencies to major record labels, to individual artists. Online dating is all about acquisition, and maximizing the ROI for people coming in, and figuring out how that corresponds to their lifetime value. In that market, there are literally no ROI metrics.

Startup 220

Startup West Hollywood Metrics Entertainment 220

Startup Professionals Musings

FEBRUARY 26, 2013

Obviously this definition is generic, so my first recommendation is that you take the lead in defining traction metrics for your startup, and then selling your results convincingly to investors. I like to see at least 10,000 active users, or a user base, page-views, or mobile downloads that double every three months.

Startup 106

Startup Metrics Customer Custom 106

SoCal CTO

NOVEMBER 5, 2009

Any thoughts on my recent post Startup Metrics ? The Startup Metrics post is a good example of what I call “holocognics.” Startup Metrics discusses what a Startup needs to consider before “going live.” It provides a more active opportunity for people to get to know each other, and in more detail.

Startup 150

Startup SEO Pepperdine Blogging 150

SoCal CTO

FEBRUARY 17, 2007

I personally believe that there are lots and lots of good developers working inside of organizations who would love to work on the interesting projects that we work on all the time, yet they arent out actively looking, so its almost impossible to find them. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?

Los Angeles 150

Los Angeles CTO Hire CTO Coach Develop 150

Both Sides of the Table

NOVEMBER 14, 2017

How long does it take me to pay back my original customer acquisition costs? Raise too soon and likely take on more dilution, wait and get valuation up (as our metrics continue to rise) but then run to a point where you have a lower cash balance and place more risks on the business. How profitable is my product or service?

Startup 286

Startup Technical Review Customer Custom 286

SoCal CTO

FEBRUARY 23, 2007

For me, these are folks who are actively involved in wide variety of technology-enabled businesses. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Los Angeles 150

Los Angeles Networking CTO Coach Angel 150

SoCal CTO

MARCH 22, 2007

Where I use the Discussion Group: * Ive not been very active in the discussion group on particular topics. There has certainly been a storm of activity over this question. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Maybe this meme will help.

Blogging 150

Blogging CTO Coach CTO Hire Southern California 150

Startup Professionals Musings

JANUARY 17, 2022

Pick a single metric that is the focus for all growth. Today’s world is full of metrics leading to business growth, including customer logins, revenue per customer, retention, and average solution price. Facebook’s winning strategy was a laser focus on increasing active user counts and time spent online. Less is more.

Startup 144

Startup Social Media Metrics Customer 144

socalTECH

OCTOBER 15, 2015

We've also invested in some other companies we haven't announced yet, but we're very active already in the e-sports area. Medium and long term, I am excited to see how this involves into a true sport, bigger on every scale and metric than the NBA or NFL. They're essentially a Twitch for mobile. That's what really excites me.

Riot Games 100

Riot Games Southern California Invest Mobile 100

InfoChachkie

JULY 20, 2015

billion dollar acquisition by LinkedIn to Bessemer’s substantial investment in ProCore , AppFolio ’s recent IPO filing and Sonos ’ $130 million secondary, the Santa Barbara tech scene is unquestionably on fire. From Lynda.com ’s recent $1.5 If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles!

Santa Barbara 100

Santa Barbara Startup Sales Entrepreneur 100

Tech Zulu Event

MAY 8, 2014

Chance was recently featured on Fox News for comments on Facebook’s high profile acquisition of wearable VR company, Oculus, for an impressive $2B – and what that meant for early adopters who initially helped the company get off the ground by funding through Kickstarter. Clearing the Air.

Invest 83

Invest Platform Entrepreneur Paramount 83

socalTECH

NOVEMBER 25, 2008

The difference in what we're doing, is we're an active sensor network. Unlike Walmart, you don't have to walk through a reader or interrogator, because we have an active tag with a five year asset life, saying here I am. We are really focused on the active RFID tagging area. Our RFID tags have their own battery power.

Startup 113

Startup CTO Hire Resource Venture Capital 113

Startup Professionals Musings

OCTOBER 17, 2018

Unfortunately, your personal assessment that you have traction probably won’t be convincing to potential investors and partners, so it’s important that you create and track your progress against some metrics. Define metrics on customer feedback and user counts. Count connections with experts, media, and influencers.

Tips 79

Tips Metrics Technical Review Customer 79

Startup Professionals Musings

APRIL 15, 2019

Pick a single metric that is the focus for all growth. Today’s world is full of metrics leading to business growth, including customer logins, revenue per customer, retention, and average solution price. Facebook’s winning strategy was a laser focus on increasing active user counts and time spent online. Less is more.

Social Media 87

Social Media Metrics Customer Custom 87

Tech Zulu Event

JANUARY 30, 2012

We make it trivial to quickly aggregate and monitor your key metrics in real-time! TriNet also offers a set of Strategic Services that match companies at every point in their lifecycle, including such offerings as Talent Acquisition, Performance Management, and Employee Development. SuperDemo: Bill Gross.

CalTech 91

CalTech Company Companies Idealab 91

Startup Professionals Musings

APRIL 14, 2017

Pick a single metric that is the focus for all growth. Today’s world is full of metrics leading to business growth, including customer logins, revenue per customer, retention, and average solution price. Facebook’s winning strategy was a laser focus on increasing active user counts and time spent online. Less is more.

Competition 65

Competition Social Media Metrics Customer 65