Startup Professionals Musings

APRIL 21, 2023

Whether we are talking about startups or corporations, innovation requires a leader who can inspire others to step into the unknown. New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Ownership.

Coach 137

Coach Metrics Competition Ideas 137

Startup Professionals Musings

JUNE 22, 2016

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

Metrics Funding Startup Customer 57

Startup Professionals Musings

NOVEMBER 14, 2012

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. 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. Cost of customer acquisition.

Metrics 106

Metrics Startup Sales Statistics 106

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff. This post looks at the implementation details of HTML 5 video.

Pricing 150

Pricing Acquisition Customer Custom 150

SoCal CTO

FEBRUARY 17, 2007

skip to main | skip to sidebar SoCal CTO Saturday, February 17, 2007 About this Blog Ive been thinking about doing a blog with my thoughts on technology and whats happening in the Los Angeles area technology scene for a while, but it was Ben Kuos recent start of a blog that inspired me to actually go ahead and do it. Thanks Ben.

Blogging 150

Blogging CTO Coach Southern California CTO Hire 150

Startup Professionals Musings

JANUARY 9, 2022

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. Think about how you can project the voice you want, and make sure it is consistently used by all team members across all platforms used. Create an action plan with metrics.

Social Media 135

Social Media Framework Media Metrics 135

Startup Professionals Musings

JULY 25, 2020

Whether we are talking about startups or corporations, innovation requires a leader who can inspire others to step into the unknown. New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Ownership.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

SEPTEMBER 11, 2021

Traction is evidence that your product or service has started that “hockey- stick” adoption rate which implies a large market, a valid business model, and sustainable growth. Free and freemium products need a solid base. Customer acquisition cost. What does traction really mean to investors, and how much is enough?

Startup 121

Startup Metrics Customer Custom 121

SoCal CTO

MARCH 11, 2013

Yesterday, I was talking to a startup founder about their MVP and they said something that finally got me to write this post: "I have a few investors interested but they want to see a product." It is almost never the case that you are building an MVP to "show" to an investor the product itself.

Metrics 264

Metrics Venture Capital News Product 264

Startup Professionals Musings

AUGUST 7, 2015

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. In reality, they need a separate pitch about the business, carrying over only a slide or two about the solution. Remember, investors are buying into the business, not the product.

Product 103

Product Slides Customer Custom 103

Startup Professionals Musings

SEPTEMBER 12, 2015

Modern communication tools, including WebEx, Skype and video conferencing are a good start, but virtual teams remain a productivity nightmare for many companies. Virtual teams need a tool-acquisition process, training program and support contact for all technology provided. Clear objectives and metrics are established early.

Product 100

Product Startup Tool Paramount 100

Startup Professionals Musings

AUGUST 18, 2013

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. Think about how you can project the voice you want, and make sure it is consistently used by all team members across all platforms used. Create an action plan with metrics.

Social Media 102

Social Media Media Product Metrics 102

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Use multiple small orders at first.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

Berkonomics

AUGUST 7, 2014

Ask you field representatives to debrief you about what they are hearing. And the first thing in marketing is to adapt your product or service to the needs of the marketplace. Attend trade show education sessions. But listen! Create, change, throw out, tweak or put more resources behind those efforts or campaigns that are working.

Marketing 176

Marketing Metrics Education Resource 176

socalTECH

DECEMBER 15, 2011

Los Angeles-based Live Nation Entertainment said today that it has acquired a provider of media metrics and analytics, BigChampagne Media Measurement. BigChampagne provides media metrics about entertainment and online audiences. Financial details of the buy were not disclosed.

Beverly Hills 154

Beverly Hills Metrics Entertainment Media 154

Startup Professionals Musings

OCTOBER 14, 2022

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Research has confirmed that culture is a primary driver for financial performance, customer experience, and team productivity.

Technical Review 129

Technical Review Funding Organization Coach 129

Startup Professionals Musings

APRIL 28, 2021

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. The focus of key leaders has to change from driving innovative initiatives to replicating repeatable processes and tuning the overall product cycle.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

MARCH 3, 2021

To keep you on a positive track with potential investors, I recommend the following logic principles, to balance your passion in presenting your vision of a new business: Make sure your plan includes some business metrics. For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition.

Entrepreneur 162

Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

APRIL 3, 2019

Image via Pixabay Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. Think about how you can project the voice you want, and make sure it is consistently used by all team members across all platforms used. Create an action plan with metrics.

Social Media 96

Social Media Media Marketing Metrics 96

Startup Professionals Musings

MAY 1, 2019

Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Document processes and metrics for economies of scale.

Metrics 86

Metrics Startup Training Customer 86

socalTECH

JANUARY 2, 2020

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. First, business is ultimately about peoplethe strengths and flaws of being human.

Capital 100

Capital SoCal Southern California SaaS 100

Both Sides of the Table

NOVEMBER 14, 2017

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. How profitable is my product or service? As an early-stage VC I love this phase.

Startup 286

Startup Technical Review Customer Custom 286

TechCrunch LA

SEPTEMBER 7, 2021

What can you tell us about MuteSix as an agency? Greg Gillman: We’ve been around for about nine years. DTC entrepreneurs are more focused on immediate impact, because if they’re not selling product, there’s no large brand propping them up. Image Credits: MuteSix. But these days, ground up is tougher.

Commerce 211

Commerce Content Marketing Startup 211

InfoChachkie

SEPTEMBER 29, 2014

But we do it anyway, because we believe that the short-term metrics probably aren''t indicative of the long term.”. If improperly administered, meetings become counter-productive, especially as an organization grows beyond its initial startup phase. Jeff left a comfortable Wall Street career to enter a world he knew little about.

Tips 223

Tips Framework Metrics Cloud Computing 223

InfoChachkie

JANUARY 16, 2018

Curious to learn more about the pain and joys of bootstrapping a business, I sat down with Jim Semick, the company’s Co-Founder and Chief Strategist. Who is Mr. Semick and what is ProductPlan all about? I have always worked on early stage products. Greathouse: Great products and companies that came out (of) Santa Barbara.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

NOVEMBER 14, 2015

Every entrepreneur is quick to tell friends and potential investors about his or her vision of changing the world, about all the customers who have expressed an interest, and about all the other investors who are lining up to get a piece of the action. Is your customer-acquisition rate accelerating?

Acquisition 100

Acquisition Entrepreneur Customer Custom 100

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. Paid Product Metrics. Free Product Metrics.

Marketing 40

Marketing CPC Metrics .Net 40

Startup Professionals Musings

AUGUST 13, 2022

If you’re about to devote your professional life to building a business, and ready to sacrifice the blood, sweat, and tears it requires, seriously consider this question. But it is an important metric for firms in pursuit of explosive growth. Wessel measures a 39% acquisition advantage to being in-state. It’s very important.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

AUGUST 18, 2018

Whether we are talking about startups or corporations, innovation requires a leader who can inspire others to step into the unknown. New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Ownership.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

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. Paid Product Metrics. Free Product Metrics.

Marketing 40

Marketing CPC Metrics .Net 40

Startup Professionals Musings

JANUARY 15, 2020

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. Research has confirmed that culture is a primary driver for financial performance, customer experience, and team productivity.

Technical Review 124

Technical Review Organization Coach Invest 124

Startup Professionals Musings

AUGUST 7, 2020

In a larger public company, it’s all about making your quarterly numbers, versus investing in strategic growth alternatives that may not pay off until several quarters later. It’s your job as a leader to be the model high performer, quantify the team view with metrics, and expand awareness to the best outside competition and new tools.

Technical Review 124

Technical Review Layoffs Social Media Metrics 124

socalTECH

SEPTEMBER 29, 2015

We caught up with co-founder Joey Flores on the story behind the company's brush with death, and its recent acquisition by You42, which was announced last week. Joey Flores: Yeah, we spend the earlier part of 2014 exploring acquisition options, because we had a pretty hard time raising money. Joey, thanks for the time today.

Software Review 100

Software Review Startup Metrics Content 100

socalTECH

MARCH 6, 2017

Los Angeles-based Maple Media (maplemedia.io) recently announced a big, $30M funding from Shamrock Capital, to assemble a collection of mobile applications in the utility, productivity, games and entertainment verticals. We caught up with co-founder Clark Landry to chat about his new startup, which he co-founded with Michael Ritter.

Media 153

Media Mobile Startup Acquisition 153

Startup Professionals Musings

AUGUST 27, 2018

For example, I’m even getting worried about Apple not showing the kind of innovative leaps that Steve Jobs was famous for. Apple needs a product that jumps to the next curve. He didn’t wait for competitors to prove current products obsolete. Isolate new product teams from decimation by daily crises.

Metrics 58

Metrics IBM IBM Competition 58

Startup Professionals Musings

APRIL 1, 2017

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. Think about how you can project the voice you want, and make sure it is consistently used by all team members across all platforms used. Create an action plan with metrics.

Social Media 62

Social Media Media Metrics SEO 62

Startup Professionals Musings

AUGUST 14, 2016

Whether we are talking about startups or corporations, innovation requires a leader who can inspire others to step into the unknown. New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Ownership.

Coach 64

Coach Metrics Competition Ideas 64