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

Startup Professionals Musings

MAY 27, 2023

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Focus on two or three pertinent metrics in any situation. Keeping it simple is the best course. Never be too busy to talk to real customers.

Customer 140

Customer Custom Social Media Metrics 140

Startup Professionals Musings

JULY 30, 2021

Of course, no business wants to be the next Blockbuster , which kept charging straight ahead despite subtle clues that the Internet was changing everything. 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 Custom 162

Startup Professionals Musings

JANUARY 9, 2022

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. Create an action plan with metrics. You spend the months influencing the influencers. Marty Zwilling.

Social Media 135

Social Media Framework Media Metrics 135

Berkonomics

SEPTEMBER 6, 2012

From experience and from information about the competition, a coach creates a playbook that contains detailed plans for actions or plays that the entire team must know without question and execute without pause in order to win games and advance toward the playoffs. This one comes straight from football.

Coach 192

Coach Metrics Training Guide 192

Startup Professionals Musings

SEPTEMBER 16, 2023

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Marty Zwilling

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Both Sides of the Table

SEPTEMBER 15, 2022

But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. Of course our execution against the strategy has had to change but the strategy has remained constant. discipline & focus. In 2009 we could take a long time to review a deal. By 2021 we had to write a $3.5m

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

Both Sides of the Table

SEPTEMBER 10, 2021

We have global opportunities from these trends but of course also big challenges. Of course we can’t. 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. Hot, Flat & Crowded.”

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

APRIL 7, 2021

The basic alignment framework of strategy, customers, people, and processes hasn’t changed, but the pace of technological, competitive, and social change has increased at an amazing rate. Make sure the inspiration that launched your vision isn’t lost in the course of a pivot or market change. Revisit your startup vision and values.

Social Media 143

Social Media Startup Framework Course 143

Startup Professionals Musings

NOVEMBER 28, 2020

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Marty Zwilling.

Tips 161

Tips Startup Social Media News 161

Startup Professionals Musings

AUGUST 31, 2020

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Focus on two or three pertinent metrics in any situation. Keeping it simple is the best course. Never be too busy to talk to real customers.

Social Media 128

Social Media Metrics Custom Customer 128

Startup Professionals Musings

NOVEMBER 7, 2022

Of course, someone with more operating experience may be brought in once the new venture has been successfully launched. Incubating is not enough; successful new ventures must be quickly scaled to stay ahead of competition and show a level of acceptance by customers as well as your financial executives.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Startup Professionals Musings

AUGUST 19, 2022

Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course. Use data analysis and metrics to measure for results. Common sense and emotionally driven decisions are sub- optimal in assessing team members. Working on the wrong problem or assumption.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Both Sides of the Table

JULY 21, 2014

Of course back then it literally was sold in a package and stored on a shelf! Create company measures for success that go beyond financial metrics. You manage what you measure so be careful about having too narrowly defined of performance metrics. Have sales bonus plans based on more than just sales targets.

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

SEPTEMBER 22, 2022

Of course, you can’t possibly brand yourself if you don’t know who you really are. Proactively use metrics and customer feedback before a crisis hits, to recognize when a pivot or product adjustment is required. The smart ones were already working on new features, and able to counter competition quickly.

Marketing 133

Marketing Custom Customer Outsource Development 133

Startup Professionals Musings

AUGUST 27, 2023

Of course, margin and profitability are important, but must be committed to adding more value to the lives of your clients, and making the world a better place. Measure progress through metrics on sales, revenue, and penetration. Define and focus on a mission to add value. Seek to dominate your market over competitors.

Custom 91

Custom Customer Marketing Startup 91

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. Create an action plan with metrics. You spend the months influencing the influencers. Marty Zwilling.

Social Media 96

Social Media Media Marketing Metrics 96

Startup Professionals Musings

SEPTEMBER 22, 2021

Of course, you need to show how your business will make money and provide an impressive investor return, but that should be only the beginning. These show a focus on the business elements required for success, and metrics for ensuring accountability, management control, and feedback along the way.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Berkonomics

MARCH 31, 2016

We can invent lots of metrics to measure progress for a leader, including revenue, profit, employee satisfaction, cost containment, percentage of available market, and more. There are many roads to Rio, so they say. But there is one overwhelming method of appraising the effectiveness of a business leader.

Resource 120

Resource Metrics Satisfaction Course 120

Startup Professionals Musings

MAY 20, 2023

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Startup 110

Startup Ideas Entrepreneur Metrics 110

Berkonomics

APRIL 8, 2021

And of course, that could easily require a large amount, far beyond the capability of a small company looking for its initial audience. Well-tuned metrics are an absolute must. And, like the story of Discord and Twitter, it takes continual product and feature updates to stay ahead of the competition or overtake a sleepy competitor.

Sites 156

Sites Product Social Network Metrics 156

Startup Professionals Musings

AUGUST 13, 2022

Of course, there are always exceptions, but how much added risk do you need for your startup? Exposure instills the fear and urgency you need to deliver the right competitive solution. But it is an important metric for firms in pursuit of explosive growth. billion dollar sale to Oracle from Bozeman, Montana.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

JANUARY 1, 2021

Of course, any highly emotional and unmanaged conflict can certainly lead to chaos and a dysfunctional organization. For example, in a conflict over the right branding logo , it may help to understand who and how the ultimate decision will be made, including key elements driving the decision, such as targeted customers and competition.

Activity 145

Activity Organization Examples Metrics 145

Both Sides of the Table

NOVEMBER 2, 2010

As a founder, when you’ve been dealing with these kinds of objections for a couple of years it becomes natural and you easily handle objections on price, product & competition without much thought. You’re more expensive than competitors – “Of course we are. It is tacit knowledge.

Sales 289

Sales Startup Training Pricing 289

Startup Professionals Musings

OCTOBER 14, 2018

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Focus on two or three pertinent metrics in any situation. Keeping it simple is the best course. Never be too busy to talk to real customers.

Social Media 96

Social Media Metrics Custom Customer 96

TechCrunch LA

FEBRUARY 20, 2019

Capitalism is fundamentally about timing, since market competition is about finding opportunities before others. It’s obvious that we can be too late to these decisions of course. If — and it’s a big if of course — they can do that on the cheap, then why should an LP care at all? Some more on metrics design and quantification.

Venture Capital 202

Venture Capital Startup Technical Review Invest 202

Both Sides of the Table

MAY 27, 2016

As a starting point I have to believe the founder has the attributes of an entrepreneur that matter most to me : Tenacity, resiliency, inspiration, perspiration, attention-to-detail, competitiveness, decisiveness, risk tolerance and integrity. Of course I also have to the concept. It’s not enough to love the founding team.

Invest 254

Invest Writing Pricing Metrics 254

Both Sides of the Table

FEBRUARY 20, 2019

Of course it happens all the time?—?especially This is the norm and unless you have a hugely competitive round it’s not worth fighting. This is not true in the majority of cases but rather when you have competition in your round and feel confident in using your leverage. If your metric move immediate up-and-to-the-right?

Startup 236

Startup Venture Capital Tips Capital 236

Startup Professionals Musings

FEBRUARY 5, 2020

Of course, there are no guarantees, but I still see otherwise smart entrepreneurs taking shortcuts in their hiring, or jumping into business relationships based on emotion or low cost. Your customers and competition make unexpected moves. Personally, I’ve seen many promising startups come apart prematurely due to relationship breaks.

Startup 131

Startup Entrepreneur Customer Custom 131

Startup Professionals Musings

AUGUST 24, 2020

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Startup 150

Startup Entrepreneur Ideas Metrics 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. Create an action plan with metrics. You spend the months influencing the influencers. Marty Zwilling.

Social Media 62

Social Media Media Metrics SEO 62

SoCal CTO

JANUARY 26, 2010

Of course, I have an advantage because I organize the LA CTO Forum. Of course, since you know those questions, you can just collect up the answers and provide them to your developers. How do we need to structure the systems to get ahead and stay ahead of the competition? Of course, it’s never complete. Gap closed, right?

Fractional CTO 225

Fractional CTO CTO CTO Hire CTO Coach 225

Startup Professionals Musings

SEPTEMBER 21, 2016

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Focus on two or three pertinent metrics in any situation. Keeping it simple is the best course. Never be too busy to talk to real customers.

Social Media 99

Social Media Metrics Custom Customer 99

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. Create an action plan with metrics. You spend the months influencing the influencers. Marty Zwilling.

Social Media 102

Social Media Media Product Metrics 102

Both Sides of the Table

JANUARY 16, 2014

Competition is fierce. Of course I ask more politely that than. He called me 15 months later excited to show me his metrics and wanted to talk about his A round. I outlined here my views on “ proprietary dealflow.” ” Semil Shah wrote in this absolutely spot on post. ” That’s precisely it.

Venture Capital 333

Venture Capital Startup Technical Review Email 333

Startup Professionals Musings

JULY 27, 2012

They randomly churn for hours a day on a couple of their favorite social media platforms, with little though given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers. Marty Zwilling.

Social Media 91

Social Media Media Metrics SEO 91

Startup Professionals Musings

NOVEMBER 9, 2019

Of course, there are always exceptions, but how much added risk do you need for your startup? Exposure instills the fear and urgency you need to deliver the right competitive solution. But it is an important metric for firms in pursuit of explosive growth. billion dollar sale to Oracle from Bozeman, Montana.

Startup 97

Startup Technical Review Oracle Software Review 97