Remove Acquisition Remove Examples Remove Metrics Remove Software
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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. Customer acquisition cost. That bit is easy.

Metrics 150
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Granularity and Consistency of Startup Metrics

SoCal CTO

If you’re a Web-based startup, for example, show me how many unique visitors you think you can get in the beginning, and what you’re using for an estimated conversion rate (buyers to browsers). Part of those questions are around Startup Metrics. Give me granularity.

Metrics 159
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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? While thinking about the parameters of traction, and how to measure it, I was impressed with a new book, “ Scaling Lean: Mastering the Key Metrics for Startup Growth ” by Ash Maurya, a serial entrepreneur, and creator of the one-page business modelling tool Lean Canvas.

Metrics 57
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Building Your MVP as a Non-Technical Founder

SoCal CTO

Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. Examples might be a recommendation engine, search engine, matching engine or something with a complex interface. " Once you have the metrics defined, it focuses your effort.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

For example, I believe Bill Gates would have failed without his partners Steve Ballmer and Paul Allen. With my software background at IBM, I’m well aware that technical early adopters value more and more features, and are able to deal with complexity. Mergers and acquisitions also require new skills.

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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or angel investors in Arizona, where I live. Today, Silicon Valley is the consumer and enterprise software capital of the world. get the attention of the market they choose.

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How to Prepare for a Board Meeting to Make Sure you Crush It

Both Sides of the Table

Often board members themselves don’t do the work to say “what metrics would we like to see.” Any great board member should tell you, “please don’t create any performance metrics or materials that analyze the business that you’re not already creating for your own management’s use.” Sometimes they don’t even know.

Startup 226