Startup Professionals Musings

NOVEMBER 30, 2022

All businesses these days are too complex to be one-person shows, so you need all the complementary held you can find to keep up with customers and competition, fill your expertise gaps, and scale the market. Using metrics to measure results and commitments. Marketing your personal brand and your vision.

Startup 113

Startup Customer Custom Technical Review 113

Startup Professionals Musings

FEBRUARY 12, 2022

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 116

Startup Training Statistics Summary 116

Startup Professionals Musings

NOVEMBER 7, 2022

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. Don’t let early success dilute your focus, or demand that the new venture quickly meet your mainline financial and growth metrics.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Startup Professionals Musings

JANUARY 25, 2020

Stroh, which details the principles and metrics to follow for fostering innovation in any organization. Today they demand it or walk to competitors, who are not far away. Remove fear of failure, then demand and measure innovation as key to job performance. by Patrick J. Recognize that customers care about the whole experience.

Startup 138

Startup Organization Customer Demand 138

Both Sides of the Table

JULY 21, 2014

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. Perhaps having renewal rates with a good bonus spiff, have a component of MBO tied to usage performance metrics or spiff certain milestones like business plans.

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

MARCH 3, 2021

To keep you on a positive track with potential investors, I recommend the following logic principles, to balance your passion in presenting your vision of a new business: Make sure your plan includes some business metrics. Every startup demands logical changes along the way. Postulate competitive reactions and your responses.

Entrepreneur 162

Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

AUGUST 10, 2022

A strong vision and deep insight may get your business off the ground, but long-term success requires constant data analysis, metrics, and attention to your customer feedback. The competition will improve, the market will change, and your customers will demand more. Balance of passion with reality and customer feedback.

Mentor 133

Mentor Startup Custom Customer 133

Startup Professionals Musings

SEPTEMBER 30, 2018

No human or paper tracking systems are a competitive alternative. The software directs humans and trucks to balance the tide of idle bicycles to other areas of a city where the demand is higher at the moment, rather than humans directing software. Configure every decision step into real-time software.

Artificial Inteligence 84

Artificial Inteligence Metrics Commerce Software 84

Startup Professionals Musings

AUGUST 7, 2020

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. Cote, former Chairman and CEO of Honeywell. Attract, train, and reward only the best leaders.

Technical Review 124

Technical Review Layoffs Social Media Organization 124

Startup Professionals Musings

MAY 29, 2019

Institute deep metrics measuring all aspects of the customer experience. Jeff Bezos always instills a sense of urgency by demanding business plans from business leaders on how they would disrupt their own lines of business. Customer and competitive demands are rising across all sectors and experiences. Accept no excuses.

Commerce 89

Commerce Artificial Inteligence Cloud Computing Platform 89

Startup Professionals Musings

MARCH 4, 2019

In addition to quantifying the positives of the customer lifetime value metric, they address the mistakes that I see regularly in my business advisory service relative to assessing the value of customers and value, including the following: Failing to account for current customer status and stage.

Customer 85

Customer Custom Product Metrics 85

Startup Professionals Musings

MAY 12, 2019

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 94

Startup Training Statistics Summary 94

Both Sides of the Table

FEBRUARY 20, 2019

seed and they are writing $1.25m of it you can expect them to require a board seat) The competitive landscape (If you have several sources of capital you can likely politely decline the board request or can grant them a seat but ask for it to be “common appointed” and those revokable if you need in the future). But it’s quite rare.

Startup 236

Startup Venture Capital Tips Capital 236

Startup Professionals Musings

OCTOBER 8, 2018

It takes a well-rounded and motivated team to run a competitive business today. They have to be energized and able to adapt as the market and competitors demand. You need to communicate quantified and updates goals quarterly, including the metrics to assess progress and success. Traditional mission statements are not enough.

Technical Review 84

Technical Review Customer Custom Startup 84

socalTECH

JANUARY 14, 2011

Its primary goal is to focus on identifying what is truly driving demand, analytically, so that our customers can optimize their activities. The client demand we are seeing as we have married our analytics with Jovian's engineering is staggering. I think we'll see a dramatic escalation of demand for the software this year.

Social Media 235

Social Media Demand Activity Marketing 235

Startup Professionals Musings

JANUARY 25, 2016

It must be written down, with measurable team objectives, validated by metrics and compared against competition. Customer-centric founders have found that interactive coaching and mentoring by experienced peers is more effective and positive in keeping everyone up to speed on trends, competition, customer demands and technology.

Customer 55

Customer Custom Startup Coach 55

Startup Professionals Musings

MAY 7, 2017

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 56

Startup Training Statistics Summary 56

Startup Professionals Musings

JUNE 21, 2013

It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Leaders have found that keeping everyone on top of changes in technology, competition, and customer demands is critical to success. Involve, empower, and inspire.

Customer 92

Customer Custom Startup Services 92

Startup Professionals Musings

JANUARY 11, 2014

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Entrepreneur 110

Entrepreneur Startup Training Statistics 110

Startup Professionals Musings

FEBRUARY 24, 2017

Based on my own years of experience in this space, I would like to highlight a critical subset of his key ingredients for success, to save you from the frustrations and setbacks we both have felt: Implement real competitive differentiation. Announcing that you are a consultant, and hoping demand will set your focus, is not a good strategy.

Social Media 56

Social Media Pricing Technical Review Statistics 56

Startup Professionals Musings

JANUARY 22, 2016

Stroh, which details the principles and metrics to follow for fostering innovation in any organization. Today they demand it or walk to competitors, who are not far away. Remove fear of failure, then demand and measure innovation as key to job performance. by Patrick J. Recognize that customers care about the whole experience.

Startup 58

Startup Organization Demand Custom 58

Both Sides of the Table

NOVEMBER 14, 2017

In the case of MakeSpace we had huge initial successes in New York City as Rahul led the scaling of our drivers, our trucks and our warehouses and we figured out the right price points to beat the local competition. and we were met with weak demand, slow growth and high costs.

Startup 286

Startup Technical Review Custom Customer 286

Both Sides of the Table

JUNE 5, 2011

while acknowledging that San Fran deals are often higher valuations due to increased competition amongst investors. For me I think that investors have got to accept the new reality in pricing if they want to remain competitive in markets like we’re seeing now. Use competition to make sure you get a fair price.

Startup 336

Startup Pricing Technical Review Marketing 336

Both Sides of the Table

JULY 19, 2015

They suffered in trying to live up to public perceptions and the demands to continue their successes. Every $10 million financing only puts more pressure on the founders to figure out how to hit the metrics to get to the next milestone and every company that raises $25 million puts a ton of pressure on their 10 competitors who haven’t.

Press 150

Press Venture Capital Startup Entrepreneur 150

Startup Professionals Musings

NOVEMBER 29, 2012

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 93

Startup Training Statistics Summary 93

Startup Professionals Musings

SEPTEMBER 14, 2011

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 94

Startup Marketing Training Statistics 94

Both Sides of the Table

DECEMBER 27, 2011

So while the simplest way that people often evaluate stocks is by P/E ratios (price-to-earnings), one also needs to look at other metrics such as the PEG (price-to-earnings-growth). [of Fast early growth in a market is often eroded when competition gets fierce and prices are forced down due to competition.

Startup 418

Startup Venture Capital Sales Technical Review 418

Tech Zulu Event

JANUARY 22, 2016

Costs for advertising on Facebook are increasing, due to high demand, and their profits continue to soar. The way to get ahead of the competition is to look at what they’re doing right and do it better. How can your company best benefit from social networking ads in 2016? Top 3 Important Facebook Marketing Trends to Watch and Emulate.

Marketing 40

Marketing Social Media Social Network Technical Review 40

Both Sides of the Table

MARCH 25, 2016

The metrics were good but we wondered how much better they would be when we expanded our product. Competition. You need to ask yourself honestly how your product or service is going to be significantly better in some way than the competition that exists in the market. What are the customer’s alternatives? You need a wedge.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

AUGUST 6, 2010

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

Startup 78

Startup Training Statistics Summary 78

socalTECH

SEPTEMBER 27, 2013

I think that the market was, however, hotter two years ago, when companies were buying more aggressively, and there was lots of pent-up demand. For a similar company, with the same metrics and stage, valuations had been tiny. We were involved in the Gradient X deal, and that was a nice one.

Southern California 124

Southern California SoCal Commerce Invest 124

Startup Professionals Musings

JANUARY 6, 2021

Ongoing momentum requires a move to mainstream, or even late adopters, who demand simplicity in your base function. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. Track competition to stay ahead of copycats.

Technical Review 160

Technical Review Technical Advisors Startup Custom 160

Both Sides of the Table

JUNE 12, 2010

Company grew by more than “400% each year” for past few years [assume growth metric = revenues]. Competition: Chegg (has raised $144 in debt and equity)—estimated by Steven Carpenter ( TechCrunch ) to be 10x more unique visitors than BookRenter (during peak book renting seasons) with nearly $140mm in revenues for 2010.

Venture Capital 217

Venture Capital Capital Metrics Competition 217

Both Sides of the Table

MARCH 6, 2011

EcoMom’s metrics improved throughout this process and that’s when I decided to invest. It could be a bubble or better balance of supply and demand. AngelList has introduced new competition and competition in any industry is always good. EcoMom Makes a Breakthrough in its Search for Funding. I argue the opposite.

Startup 292

Startup Venture Capital Blogging Summary 292

Startup Professionals Musings

JANUARY 22, 2023

Competition is not always a bad thing, and the real purpose is often to make the world a better place. With a singular focus on building unicorns, very rapid growth has been a key metric. It’s also a good defensive move, to preempt competition, which is bound to come world-wide.

Capital 138

Capital Marketing Ideas Venture Capital 138

Startup Professionals Musings

MAY 1, 2020

Competition is not always a bad thing, and the real purpose is often to make the world a better place. With a singular focus on building unicorns, very rapid growth has been a key metric. It’s also a good defensive move, to preempt competition, which is bound to come world-wide.

Ideas 124

Ideas Venture Capital Software Review Technical Review 124

Startup Professionals Musings

JANUARY 13, 2021

There is no substitute for talking to customers, analyzing your competition, and honing your solution to meet a target market segment. The ready-fire-aim approach makes sense here, but it should be combined with metrics to learn from feedback, and make pivots as required. There is a powerful advocate or cause driving demand.

Marketing 138

Marketing Demand IBM IBM 138