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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. One of our core tasks was “market analysis,&# which consistent of: market sizing, market forecasts, competitive analysis and then instructing customers on which direction to take. People throw them around at cocktail parties.

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6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

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How to measure your power in the Internet marketplace.

Berkonomics

But businesses that expose their story to tens of millions of potential customers through the Internet need additional tools. CHURN (% customer cancelling each month). This is calculated by dividing the number of cancellations by the total number of customers before cancellations and multiplying by 100. The lower, the better.

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6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

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6 Strategies To Find An Investor For Your New Venture

Startup Professionals Musings

They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family. Identify customer executives who need your solution. Reach out to your biggest fans for investor leads.

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Deckard Technologies Finds $4M For AI Property Tax Software

socalTECH

Deckard Technologies says it uses real estate data, using data analytics, machine learning and advanced statistical analysis to identify where there might be unpaid property taxes.

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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Position yourself to capitalize on the next frontier. Offer premium services after user is hooked. Marty Zwilling.

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