socalTECH

SEPTEMBER 26, 2014

Online job and career sites still seem to be in another decade, when it comes to both design--and user friendliness. Can a startup gain a foothold in the competitive market by designing the right UX and user experience to make a job and career site for everyone? He went into products and technology, and I went to development.

Design 174

Design Sites Cornerstone OnDemand Startup 174

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

DECEMBER 2, 2022

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Both Sides of the Table

FEBRUARY 28, 2018

There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it.

Product 296

Product Course Customer Custom 296

Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. I then created a gross domestic and gross international annual market size estimate for my industry’s products. Or cost estimation.

Company 156

Company Companies Metrics Resource 156

Startup Professionals Musings

AUGUST 4, 2013

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. For example, one CEO I know gave away his software product to the first ten customers. You won’t succeed with a product that is too expensive for the market. Limited rollout.

Product 94

Product Pricing Customer Custom 94

Startup Professionals Musings

FEBRUARY 5, 2020

Yet, in the interest of full disclosure, and an honest intent to save future entrepreneurs some grief and money, I would remind you that starting any business has key dependencies on at least five major elements, including product design and delivery, the right people on the team, adequate funding, a sizable market opportunity, and marketing.

Startup 131

Startup Entrepreneur Examples Customer 131

Both Sides of the Table

OCTOBER 3, 2013

and there was certainly less competition from everybody pitching local merchant solutions. Today they announced the mobile version of their product – I’d be grateful if you would download it and give it a spin. and then took the lid off of the product by announcing the company – I wrote about that here.

Development Team Review 324

Development Team Review Course Mobile Writing 324

Startup Professionals Musings

JANUARY 1, 2021

Your challenge as a leader is to encourage and reward healthy conflicts, while managing them to productive and innovative results. Don’t let it be just a conflict over graphic design. The longer a conflict is active, the more likely that positions will harden, and emotions will make resolution more painful than productive.

Activity 145

Activity Organization Examples Satisfaction 145

Berkonomics

DECEMBER 5, 2013

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. I then created a gross domestic and gross international annual market size estimate for my industry’s products. Or cost estimation.

Metrics 239

Metrics Startup Marketing Demand 239

Startup Professionals Musings

JUNE 2, 2023

Of course, every risk level can be mitigated by a good plan that addresses the issue, offers a credible action plan, and will convince you, as well as investors and customers, that what looks like a risk to many is actually a sustainable competitive advantage for your startup. Products requiring changes to government regulations.

Invest 98

Invest Sites Technical Review Social Media 98

Startup Professionals Musings

OCTOBER 25, 2019

As disruption examples , the rise of ride sharing, e-commerce, and social media were clearly driven by changing customer trends, more than technology. I recommend creating new services and products for existing customers. Mass-produced products aren’t on anyone’s wish list anymore. Customers don’t wait today.

Customer 54

Customer Custom Technical Review Design 54

Berkonomics

APRIL 7, 2010

Here we examine the relationship between time, quality and competitiveness. The lesson here is a bit obscure, since it is not clear whether the kind of testing then common in processor design would have surfaced the error. There is little need to reinforce the obvious.

Software Review 159

Software Review Examples Competition News 159

Startup Professionals Musings

NOVEMBER 25, 2022

Thomas Edison is a classic example. The first electric bulb was actually invented by Sir Joseph Wilson Swan, who demonstrated the concept, but gave up trying to develop a practical product after only three attempts. By contrast, Edison persevered and designed a working light bulb after thousands of failures.

Startup 122

Startup Satisfaction Summary Coach 122

Startup Professionals Musings

OCTOBER 26, 2018

For example, consider how many years it took for the market to move from radio to television, or fully accept personal computers on every desktop. Here are the specifics that I recommend to improve your odds of success: Sell the market concept before building a product. The leading edge was too often the bleeding edge.

Marketing 92

Marketing Demand Examples Social Media 92

Startup Professionals Musings

JANUARY 16, 2022

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. Design a product or service that you can sell. Sure, you may need to give the product away for free to get traction, but assume you will have to sell something someday to get profitable and stay alive.

Platform 118

Platform Snapchat Startup Course 118

Startup Professionals Musings

OCTOBER 4, 2015

New studies indicate that a more productive approach would be adopting new good habits and behaviors that clearly move your business forward, like good time management and implementing customer recommendations. Use both competition and camaraderie. Another challenge is that your brain is not designed to make you happy.

Competition 101

Competition Entrepreneur Examples Study 101

Startup Professionals Musings

SEPTEMBER 16, 2013

In a book a while back by Jeanne Liedtka and Tim Ogilvie from the Columbia Business School, “ Designing for Growth ,” the authors encourage managers to think more like designers. In most other respects, design thinking is the opposite of business thinking. A better maxim for entrepreneurs is: Place small bets fast.

Entrepreneur 103

Entrepreneur Design Ideas Competition 103

Startup Professionals Musings

MARCH 7, 2014

New studies indicate that a more productive approach would be adopting new good habits and behaviors that clearly move your business forward, like good time management and implementing customer recommendations. Use both competition and camaraderie. Another challenge is that your brain is not designed to make you happy.

Competition 98

Competition Entrepreneur Examples Product 98

From the Venture Trenches

APRIL 4, 2013

They do not know what they do not know which makes a meaningful conversation with a design agency very challenging. If you are not flexing your digital muscle, your competition certainly is. Asmita’s are challenging for a web designer; anyway you move you will be damned. Their two biggest fears are cost and labor.

Web Design 58

Web Design Web Design Sites 58

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

AUGUST 18, 2012

In a book a while back by Jeanne Liedtka and Tim Ogilvie from the Columbia Business School, “ Designing for Growth ,” the authors encourage managers to think more like designers. In most other respects, design thinking is the opposite of business thinking. A better maxim for entrepreneurs is: Place small bets fast.

Startup 94

Startup Design Entrepreneur Ideas 94

Startup Professionals Musings

SEPTEMBER 7, 2020

Of course, every risk level can be mitigated by a good plan that addresses the issue, offers a credible action plan, and will convince you, as well as investors and customers, that what looks like a risk to many is actually a sustainable competitive advantage for your startup. Products requiring changes to government regulations.

Startup 126

Startup Sites Technical Review Social Media 126

Startup Professionals Musings

JUNE 27, 2011

In a recent book by Jeanne Liedtka and Tim Ogilvie from the Columbia Business School, “ Designing for Growth ,” the authors encourage managers to think more like designers. In most other respects, design thinking is the opposite of business thinking. In most other respects, design thinking is the opposite of business thinking.

Entrepreneur 103

Entrepreneur Design Ideas Competition 103

socalTECH

NOVEMBER 18, 2014

Los Angeles-based Enrou (www.enrou.co) thinks it has a way--by connecting people with products that also help support international development and causes, via its own online marketplace. Ann Wang: Enrou is an online, content driven marketplace for products in developing communities around the world.

Commerce 140

Commerce Help UCLA Organization 140

Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Services 105

Services Startup Training Writing 105

Both Sides of the Table

DECEMBER 27, 2011

They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million. Is it one product line or multiple? 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

Both Sides of the Table

OCTOBER 26, 2014

Yesterday I wrote a post about The Silent Benefits of PR in which I pointed out that most young companies I encounter don’t fully grasp the benefits of PR because they are less measurable than product milestones or customer acquisition analyses (like CAC/LTV). It super charges a business that is closer to product delivery.

Press 319

Press Startup Writing Training 319

Both Sides of the Table

JANUARY 28, 2012

But on the other hand if you have a product with a very high gross margin (software, virtual goods, etc.) I believe in integrated products. I think many recent companies make the mistake of not investing enough in web products, if they invest anything at all. I love using Yelp’s mobile product. I also love Batch.

Web 334

Web Mobile Startup Software Review 334

From the Venture Trenches

APRIL 4, 2013

They do not know what they do not know which makes a meaningful conversation with a design agency very challenging. If you are not flexing your digital muscle, your competition certainly is. Asmita’s are challenging for a web designer; anyway you move you will be damned. Their two biggest fears are cost and labor.

Web Design 40

Web Design Web Design Sites 40

Both Sides of the Table

NOVEMBER 14, 2017

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. How profitable is my product or service? As an early-stage VC I love this phase.

Startup 286

Startup Technical Review Customer Custom 286

Southern California Edison Blog

MARCH 2, 2021

Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive. For example, businesses leveraging those networks can quickly scale up capacity to combat slower data transfer speeds or to address traffic bottlenecks. . High Security.

Services 52

Services Networking Southern California Organization 52

Tech Zulu Event

SEPTEMBER 18, 2013

Let’s face it– between finalizing your product for launch and working with developers to get the site or app up (or maybe you are a developer yourself), a marketing strategy, big or small, can feel like a bad hangover the same morning you need to go into work. Play around with clean, bold design. Website design: Less is more!

Guide 105

Guide Startup Marketing Template 105

Startup Professionals Musings

DECEMBER 23, 2012

New studies indicate that a more productive approach would be adopting new good habits and behaviors that clearly move your business forward, like good time management and implementing customer recommendations. Use both competition and camaraderie. Another challenge is that your brain is not designed to make you happy.

Competition 100

Competition Entrepreneur Examples Study 100

Southern California Edison Blog

JANUARY 28, 2021

Optical wavelength networks provide organizations with several capabilities that enable them to promote workplace productivity and stay competitive. For example, businesses leveraging those networks can quickly scale up capacity to combat slower data transfer speeds or to address traffic bottlenecks. High Security.

Services 54

Services Organization Southern California Networking 54

Both Sides of the Table

MARCH 30, 2011

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. Rinse & repeat. It takes options off of the table. You have a hunch.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374