Berkonomics
APRIL 20, 2023
Well, the numbers don’t lie, even if there are several sources of these statistics. Even more credible statistics [Email readers, continue here…] John Chambers, former CEO of Cisco, stated that “More than one-third of businesses today will not survive the next ten years.” Starting a company is HARD – in so many ways.
Berkonomics
JUNE 25, 2020
A simple statistic which can be derived from a good general ledger using GAAP accounting procedures. Email readers, continue here… ] LPC (Lifetime Profit per Customer). A better measure of capital efficiency. Revenues are recorded as earned, not paid, especially when paid in advance. The lower, the better.
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Berkonomics
APRIL 28, 2012
Something like a marriage (and often lasting just as long statistically), your investment partner can be a great cheerleader, coach and resource. Email readers, continue here.] This important variation on “money talks” is an important consideration for entrepreneurs when seeking an investment from professionals such as VC’s.
Berkonomics
AUGUST 1, 2013
A simple statistic which can be derived from a good general ledger using GAAP accounting procedures. A better measure of capital efficiency. The lower the number, the more efficient the marketing and sales campaign, and the more efficient the use of financial capital in customer acquisition. The lower, the better.
Startup Professionals Musings
JULY 28, 2023
My experience confirms that managers are needed to achieve organizational goals through implementing processes, such as budgeting, and staffing, while leaders are more focused on making decisions on new challenges and capitalizing on growth opportunities. Most team members aspire to career growth as managers, then leaders.
InfoChachkie
JUNE 3, 2013
You can watch/listen to how John and Kyle turned their email newsletter into an international bestseller in the following 9-minute excerpt from John''s recent talk at UC Santa Barbara. an email) to about 35 people. If you want to be kept informed just send me an email and let me know that you''re in, and that was it.
Steve Reich
MARCH 30, 2012
Let me give you a few examples: SwingbySwing Golf created an iPhone/Android app that lets golfers use the GPS in their phone to measure distance to the hole and track statistics. One of the founders wrote a Python script that sent out custom emails to a list they had developed. Capital to date? $20k It took month and years.
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