article thumbnail

Startup Metrics

TechEmpower

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Start by building just enough of your product to get early CAC and CLV signals (they won’t be perfect). A : Activation - What % have a "happy" initial experience? What does the business do?

Metrics 260
article thumbnail

7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. I can think of several related aspects of starting and running a business where follow-up, or lack of it, can make or break your startup. They expect prompt formal follow-up to questions.

Activity 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Work Activities Are Required For Business Success

Startup Professionals Musings

I will outline here his six required activities of every successful business to get you started down the right path for you: Wonder: identify the value and need for change. I recommend that you start online to find data sources. Invention: create a solution that satisfies the need. Discernment: evaluate and refine the solution.

Activity 108
article thumbnail

8 Reasons To Initiate A Startup While Career Probing

Startup Professionals Musings

If you are one of the many professionals still trapped between jobs by circumstances outside your control, or are about to dump the loser job you have now, you should be actively defining and starting your own business, in parallel with looking for that ideal job. Have startup efforts to highlight in job interviews.

Startup 156
article thumbnail

8 Strategies To Drive Your Startup To Profitability

Startup Professionals Musings

A common pain of startups after an exhilarating first surge of early adopters is a long and frustrating plateau of slow growth, where it seems like nothing you do will get your business to profitability. This starts with multiple messages from the top that growth is now the highest job priority, and key to survival. Marty Zwilling.

Startup 134
article thumbnail

10 Tips For Entering The Startup Community This Year

Startup Professionals Musings

These days I see a surge of new startups as businesses seem to be recovering from the pandemic. If you are not starting one yourself, the next best thing is joining one as a partner, or as an early employee. He and I believe that these next few months are the perfect time, especially with the pandemic, for starting a new career.

Tips 168
article thumbnail

Report: Los Angeles Ranks Sixth In Active Startup Ecosystems

socalTECH

A new report this week from the Startup Genome Project has ranked Los Angeles as number six in a list of the world's most active startup ecosystems. Los Angeles beat other startup hubs such as Seattle, Boston, and Mumbai in the rankings.