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

Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Penetrate the Fortune 500 with at least five active accounts within two years. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Startup Professionals Musings

JULY 4, 2021

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Focus on activities rather than results.

Startup 161

Startup Resource Training Entrepreneur 161

TechCrunch LA

MARCH 19, 2021

With this move, Los Angeles wants to hitch its wagon to this momentum and is actively looking for tech busineses that can help with carbon accounting. That means good things for companies like CarbonChain , Persefoni , ClimateView , and SINAI Technologies , which all have offerings meant to help with carbon accounting and management.

Los Angeles 192

Los Angeles Marketing Study Angel 192

Berkonomics

NOVEMBER 5, 2020

It seemed an ideal way to describe a scrappy, entrepreneurial activity. What happens to careful planning, sure-fire metrics, quality test scenarios, market research, a good business plan – all in place before pulling the trigger of a new opportunity. What is your case for defending your method of creating new products or services?

Artificial Inteligence 156

Artificial Inteligence Metrics Ideas Email 156

socalTECH

MAY 10, 2013

We''re trying to be a broad service offering, not just based on one platform. It''s a combination of leveraging our data to provide activation of users, by sending out the posts, and really providing brands with the metrics of before, during, and after a campaign. We did our first Instagram campaign at the end of last year.

Social Media 237

Social Media Advertising Media Metrics 237

Startup Professionals Musings

MARCH 9, 2019

There are many ‘experts’ out there telling you how to do it, or even offering their services. But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. Social media is the realm of public opinion and customer conversations.

Social Media 98

Social Media Media Metrics Satisfaction 98

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. I like to see at least 10,000 active users, or a user base, page-views, or mobile downloads that double every three months. First of all, a definition.

Startup 121

Startup Metrics Customer Custom 121

TechCrunch LA

APRIL 18, 2022

This is due to both supply and demand: On the demand side, some companies are providing solutions for something consumers are not actively looking for, while on the supply side, companies have figured out the most effective manufacturing process, which is complex and expensive, Elder explained. Is cell-cultured meat ready for prime time?

Software Review 187

Software Review Metrics Startup Technical Review 187

Startup Professionals Musings

JULY 30, 2021

It may be time to start your own home delivery service, or subscription offering, or time to acquire a struggling competitor to scale your business. Establish and evaluate metrics at multiple levels. As times change, you may need new metrics, such as total experience, web site hits, and social media complaints.

Marketing 162

Marketing Social Media Metrics Customer 162

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. Obviously, the platforms and how you use social media would be different for lead generation versus service and support.

Social Media 96

Social Media Media Marketing Metrics 96

Berkonomics

MAY 20, 2021

Building efficiency into every corporate activity should be a corporate mandate, one to be discussed interdepartmentally, to be refereed by the CEO. Most often it is the time of the chief architect of the product or service you provide, or of the best developers of that product. The flip side of efficient time management.

Resource 156

Resource Outsource Development Metrics Customer 156

Startup Professionals Musings

DECEMBER 22, 2021

Too many businesses I know still see customer service as a burden, rather than an opportunity to gain loyalty and advocacy. Your goal must be to make every aspect of a customer interaction a joy to both you and them, starting from the shopping experience, to the sales close, to delivery and service.

Customer 114

Customer Custom Satisfaction Metrics 114

Startup Professionals Musings

JANUARY 15, 2022

As with many startup activities, you only have one chance for a great first impression. You can jump into social media with a poor brand definition, poorly focused content, unrealistic expectations of customer service, or be killed by malware or viruses. Assess social media relevance to your product or service.

Social Media 126

Social Media Media Startup Platform 126

Startup Professionals Musings

NOVEMBER 2, 2022

The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Even non-profits need revenue to cover their costs, and continue to provide services. Use metrics to measure results of marketing initiatives. Risk is more manageable with subscriptions and even freemium pricing.

Resource 121

Resource Metrics Entrepreneur Customer 121

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

JUNE 21, 2023

To succeed in business, every passion and purpose has to be translated into real products, services, customers, and impact on the community. These must be managed by metrics to allow you to gauge progress, recognize successes, and keep constituents motivated along the way. Build a business plan with specific deliverables and timing.

Satisfaction 114

Satisfaction Customer Custom Social Media 114

Startup Professionals Musings

AUGUST 10, 2022

A strong vision and deep insight may get your business off the ground, but long-term success requires constant data analysis, metrics, and attention to your customer feedback. Today, customer loyalty is based on the “ total customer experience ,” as opposed to price or service alone. Pay attention to all.

Mentor 133

Mentor Startup Customer Custom 133

Startup Professionals Musings

MARCH 10, 2023

I’m not suggesting that you model your startup after the complex corporate organizations you hated in your last job, but there are at least eight key functions and activities that every investor expects to find in a startup proposal with any real potential to change the world. Marketing, sales, support, and service operations.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

OCTOBER 3, 2016

I believe the right attributes and habits can be recognized and learned, and here are seven key ones that I find in successful entrepreneurs: Actively recruits others and solicits win-win relationships. Asks hard questions, and actively listens to critical feedback. Sets goals and milestones, with metrics to track progress.

Entrepreneur 106

Entrepreneur Satisfaction Metrics Ideas 106

Startup Professionals Musings

OCTOBER 17, 2018

If your phone app or service is free, then the number of users or downloads better be impressive and growing exponentially. 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.

Tips 79

Tips Metrics Technical Review Customer 79

TechEmpower

OCTOBER 9, 2023

Content Recommendations in Streaming Services While many streaming platforms suggest content based on viewing history, LLMs have the power to significantly elevate this experience. These enhanced capabilities transform the search experience from a passive retrieval process into an active, dynamic interaction.

Generative AI 346

Generative AI Artificial Inteligence Tool Knowledge Base 346

Startup Professionals Musings

SEPTEMBER 16, 2023

Incorporating a business entity early through online services. Networking no longer is primarily a face-to-face serial activity. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. The cost of social media done well is low.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Startup Professionals Musings

FEBRUARY 12, 2022

This is the ability to appropriately analyze problems, assess risks, and take responsibility for problem-dictated and market-dictated changes, while still sustaining the day-to-day business activities. Relevant skills include continuous improvement of existing methods, processes and devices against a set of quality metrics.

Startup 116

Startup Training Statistics Summary 116

SoCal CTO

AUGUST 4, 2011

What are your key Startup Metrics ? Do you transact immediately or on delivery of some product or service? Will you tap into geolocation services provided by the browser or license a third-party lookup table? Analytics/Metrics - what are the key startup metrics that you will need to track? Other types of users?

Develop 396

Develop Development Startup SEO 396

Startup Professionals Musings

MARCH 12, 2017

There are many ‘experts’ out there telling you how to do it, or even offering their services. But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. Social media is the realm of public opinion and customer conversations.

Social Media 69

Social Media Media Metrics Satisfaction 69

Startup Professionals Musings

OCTOBER 20, 2023

Put operational systems and metrics in place early. Resist the urge to expand your offering during early growth with additional products, services, and business models. Keep up with new technology for internal processes, actively hire people with new skills, and provide industry training for exposure to new techniques and competition.

Marketing 116

Marketing Resource Training Startup 116

SoCal CTO

AUGUST 4, 2011

What are your key Startup Metrics ? Do you transact immediately or on delivery of some product or service? Will you tap into geolocation services provided by the browser or license a third-party lookup table? Analytics/Metrics - what are the key startup metrics that you will need to track? Other types of users?

Develop 384

Develop Development Startup SEO 384

Berkonomics

JANUARY 30, 2014

It seemed an ideal way to describe a scrappy, entrepreneurial activity. What happens to careful planning, sure-fire metrics, quality test scenarios, market research, a good business plan – all in place before pulling the trigger of a new opportunity. What is your case for defending your method of creating new products or services?

Artificial Inteligence 189

Artificial Inteligence Startup Metrics Ideas 189

Startup Professionals Musings

FEBRUARY 8, 2020

The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Even non-profits need revenue to cover their costs, and continue to provide services. Use metrics to measure results of marketing initiatives. Risk is more manageable with subscriptions and even freemium pricing.

Entrepreneur 129

Entrepreneur Resource Metrics Customer 129

Both Sides of the Table

JANUARY 25, 2015

” I have seen many companies move rapidly up-and-to-the-right by Google search rankings only to crash when they rewrite the algorithm or start competing by offering the same service directly on the SERP. His point is that you should figure out the metrics that TRULY matter in your business and hold yourself accountable to these.

Product 150

Product Startup Metrics Technical Review 150

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. Obviously, the platforms and how you use social media would be different for lead generation versus service and support.

Social Media 62

Social Media Media Metrics SEO 62

Startup Professionals Musings

NOVEMBER 28, 2020

Incorporating a business entity early through online services. Networking no longer is primarily a face-to-face serial activity. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. The cost of social media done well is low.

Tips 161

Tips Startup Social Media News 161

Startup Professionals Musings

JUNE 7, 2020

I’m not suggesting that you model your startup after the complex corporate organizations you hated in your last job, but there are at least eight key functions and activities that every investor expects to find in a startup proposal with any real potential to change the world. Marketing, sales, support, and service operations.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

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. Obviously, the platforms and how you use social media would be different for lead generation versus service and support.

Social Media 102

Social Media Media Product Metrics 102

Both Sides of the Table

SEPTEMBER 10, 2021

There are of course many Seed VCs who take board seats, don’t over-commit to too many deals and try to help with “company building” activities to help at a company’s vulnerable foundations. dot-com bonanza. And the truth is that several entrepreneurs prefer it this way. So in a way it’s self selecting. just to name a few!

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

OCTOBER 2, 2013

As with many startup activities, you only have one chance for a great first impression. You can jump into social media with a poor brand definition, poorly focused content, unrealistic expectations of customer service, or be killed by malware or viruses. Assess social media relevance to your product or service. Marty Zwilling.

Social Media 101

Social Media Media Entrepreneur Metrics 101