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Praying to the God of Valuation

Both Sides of the Table

And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money.

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8 Tactics To Make Service Your Competitive Advantage

Startup Professionals Musings

It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Train and coach continuously. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new.

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5 Steps To An Innovative And Winning New Venture Plan

Startup Professionals Musings

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entree for the first time – you need a recipe, even though it may look simple. All the investment money in the world won’t make your company succeed, if you have the wrong team. In all cases, don’t skip the basic training.

Startup 112
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

According to one study a decade ago, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. Managing business growth is more than metrics. Leaders are needed to coach each salesperson, keep the team on message, and spur new growth and goals.

Sales 147
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8 Initiatives To Heighten Your Customer’s Experience

Startup Professionals Musings

It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Train and coach continuously. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new.

Startup 154
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5 Basic Ingredients For A Startup Recipe For Success

Startup Professionals Musings

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. All the investment money in the world won’t make your company succeed, if you have the wrong team. In all cases, don’t skip the basic training.

Startup 156
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10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. Managing business growth is more than metrics. Leaders are needed to coach each salesperson, keep the team on message, and spur new growth and goals.

Startup 97