Berkonomics

FEBRUARY 13, 2014

Back when we were all trying to figure out the real value of traffic on the web, we investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. Email readers, continue here.] But, when the bubble burst in 2000, most of us quickly grew up.

Metrics 207

Metrics Sites Advertising Web 207

Berkonomics

OCTOBER 24, 2019

Most of us are driven by the competitive spirit, the desire or need to win. It provides a short competitive experience with a measurable outcome in which the players know who won and by how much. Create small but meaningful competitions between groups or individuals for which recognition or small rewards are published in advance.

Metrics 120

Metrics Competition Coach Email 120

Berkonomics

AUGUST 1, 2019

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. But you know that of course.

Coach 120

Coach Metrics Training Course 120

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. Email readers, continue here…] It’s easy to find someone to quote a size of market estimate. Or cost estimation.

Company 156

Company Companies Metrics Resource 156

Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

Customer 147

Customer Custom Technical Review Metrics 147

Berkonomics

JUNE 16, 2022

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. Email readers, continue here…] More importantly, what if you as a leader haven’t a stated goal for your enterprise?

Resource 156

Resource Satisfaction Metrics Course 156

Both Sides of the Table

MARCH 6, 2011

If I’m not mistaken, I may have been the first person to send out an angel “personal intro&# email on AngelList through their new platform when it launched or at least I was one of the first few. But before I sent it I had made 10 private phone calls, sent emails & built support. It worked like a charm.

Startup 292

Startup Venture Capital Blogging Summary 292

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. Email readers, continue here…] I prefer a financial goal, such as “achieve $20 million in revenue within five years.”

Resource 120

Resource Satisfaction Metrics Course 120

Both Sides of the Table

JANUARY 31, 2010

TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world. Our first big institutional round was $16.5

Entrepreneur 308

Entrepreneur Startup Venture Capital Conference 308

Startup Professionals Musings

JANUARY 1, 2021

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. Discussing tough issues in person is always better than sending text messages or emails.

Activity 145

Activity Organization Examples Satisfaction 145

Startup Professionals Musings

APRIL 9, 2012

Your competitive advantage. Identify your sustainable competitive advantage, like unique benefits, cost savings, or industry ties. Don’t kill your credibility by saying you have no competition. That’s your metric to see if you have their attention. At minimum, you compete with the way things get done currently.

Summary 97

Summary Writing Competition Sample 97

Startup Professionals Musings

FEBRUARY 5, 2020

Your customers and competition make unexpected moves. Examples abound of startups who had to pivot for success, including Twitter moving from podcasts to social commentating, and Yelp moving from email to online. Smarter entrepreneurs don’t wait for a crisis to drive change, by defining key milestones and metrics for tracking progress.

Startup 131

Startup Entrepreneur Examples Customer 131

Startup Professionals Musings

FEBRUARY 3, 2011

Your competitive advantage. Identify your sustainable competitive advantage, like unique benefits, cost savings, or industry ties. Don’t kill your credibility by saying you have no competition. That’s your metric to see if you have their attention. At minimum, you compete with the way things get done currently.

Summary 90

Summary Writing Competition Sample 90

Startup Professionals Musings

NOVEMBER 14, 2016

After reviewing her day-by-day recommendations to improve productivity in a single week, I have extrapolated her guidance to ten productivity tips specifically for entrepreneurs to regain that competitive edge: Focus on managing yourself rather than managing others. Define clear goals and metrics for your productivity.

Tips 100

Tips Activity Startup Product 100

Berkonomics

NOVEMBER 4, 2016

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? For example, in Silicon Valley, a “big data” startup might competitively call for a $1.5 Today, for me, that hurdle number is $20 million.

Startup 120

Startup Examples Metrics Marketing 120

Startup Professionals Musings

OCTOBER 18, 2010

Put your social network links on your stationery, business cards, and email. Implement metrics and analytics. But above all, don’t forget to observe your competition and their social media activity. Assess and commit the resources required.

Social Media 95

Social Media Media Startup Blogging 95

CEO Flow

JUNE 8, 2009

The internet has changed business – in helpful and challenging ways: * We have more information and metrics – and more confusion from all the clutter. * The brute force methods that used to work so well, such as “work harder,&# “hire more,&# “spend more&# aren’t true strategic or competitive advantages.

Metrics 66

Metrics Slides Competition Activity 66

CEO Flow

JUNE 8, 2009

The internet has changed business – in helpful and challenging ways: * We have more information and metrics – and more confusion from all the clutter. * The brute force methods that used to work so well, such as “work harder,&# “hire more,&# “spend more&# aren’t true strategic or competitive advantages.

Metrics 66

Metrics Slides Competition Activity 66

CEO Flow

JUNE 8, 2009

The internet has changed business – in helpful and challenging ways: * We have more information and metrics – and more confusion from all the clutter. * The brute force methods that used to work so well, such as “work harder,&# “hire more,&# “spend more&# aren’t true strategic or competitive advantages.

Metrics 66

Metrics Startup Slides Activity 66

Startup Professionals Musings

OCTOBER 8, 2018

For example, I still find businesses asking you to print, sign, and return documents by mail in lieu of digital signatures or email. It takes a well-rounded and motivated team to run a competitive business today. You need to communicate quantified and updates goals quarterly, including the metrics to assess progress and success.

Technical Review 84

Technical Review Customer Custom Startup 84

Tech Zulu Event

APRIL 23, 2013

Through ongoing analysis and refinement of existing processes, establishment of standards and metrics, team building and mentoring, Sergey has established a foundation and culture in which developers can flourish. Any competition in LA? We haven’t identified any competition in LA, specifically. How many users?

Social Network 92

Social Network Networking Training Summary 92

Startup Professionals Musings

FEBRUARY 11, 2010

Your competitive advantage. Identify your sustainable competitive advantage, like unique benefits, cost savings, or industry ties. Don’t kill your credibility by saying you have no competition. That’s your metric to see if you have their attention. At minimum, you compete with the way things get done currently.

Summary 55

Summary Writing Competition Metrics 55

CEO Flow

JUNE 8, 2009

The internet has changed business – in helpful and challenging ways: * We have more information and metrics – and more confusion from all the clutter. * The brute force methods that used to work so well, such as “work harder,&# “hire more,&# “spend more&# aren’t true strategic or competitive advantages.

Metrics 40

Metrics Slides Competition Activity 40

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. Internally, you also need to do things differently to rise above your peers.

Social Media 56

Social Media Pricing Technical Review Demand 56

InfoChachkie

MAY 22, 2012

As you accomplish your milestones, send your target VCs a brief email update (think eye-candy graphics and charts, not dense text). If you are deploying a freemium business model, test your upsell strategy on a portion of your users to establish concrete free-to-paid conversion metrics. Ask for money in your initial meeting with a VC.

Venture Capital 236

Venture Capital Capital Research Customer 236

SoCal CTO

APRIL 8, 2010

Death By Competitive Analysis - Steve Blank , March 1, 2010 Trading emails with a startup CEO building an iPhone app, I asked him why potential customers would buy his product. In response he sent me a competitive analysis. It looked like every competitive analysis I had done for 20 years, (ok maybe better.)

Startup 150

Startup Software Review Competition SoCal 150

TechCrunch LA

FEBRUARY 20, 2019

Capitalism is fundamentally about timing, since market competition is about finding opportunities before others. Mithril is struggling to compete against ferocious competition in the growth-stage equity market. If there was a process or bidding war or something resembling a competition, he would just walk,” the employee said.

Venture Capital 202

Venture Capital Startup Technical Review Invest 202

Startup Professionals Musings

AUGUST 15, 2022

Surdak emphasizes that the goal is to either mitigate some of the pressure caused by data growth or to put that pressure to work for you in growing your startup and remaining competitive: Focus: play to your strengths. Data enable: use metrics and measurements. Determine your core business strategy and resolve to remain true to it.

Startup 126

Startup Social Media Entertainment Metrics 126

Startup Professionals Musings

MAY 31, 2015

Surdak emphasizes that the goal is to either mitigate some of the pressure caused by data growth or to put that pressure to work for you in growing your startup and remaining competitive: Focus: play to your strengths. Data enable: use metrics and measurements. Determine your core business strategy and resolve to remain true to it.

Startup 106

Startup Social Media Entertainment Metrics 106

Startup Professionals Musings

NOVEMBER 11, 2019

Surdak emphasizes that the goal is to either mitigate some of the pressure caused by data growth or to put that pressure to work for you in growing your startup and remaining competitive: Focus: play to your strengths. Data enable: use metrics and measurements. Determine your core business strategy and resolve to remain true to it.

Technology 97

Technology Social Media Startup Entertainment 97

Startup Professionals Musings

APRIL 6, 2014

Surdak emphasizes that the goal is to either mitigate some of the pressure caused by data growth or to put that pressure to work for you in growing your startup and remaining competitive: Focus: play to your strengths. Data enable: use metrics and measurements. Determine your core business strategy and resolve to remain true to it.

Startup 99

Startup Social Media Entertainment Metrics 99

Berkonomics

APRIL 8, 2021

Email readers, continue here…] Second: channels. 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. Fourth: measurement.

Sites 120

Sites Product Social Network Press 120

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. You may have paid marketing: SEM, Social Media Ads, Banner Ads, email lists, etc. Competition. SEO doesn’t just happen – it requires a content strategy, inbound links, relevancy, keyword strategies, etc.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

DECEMBER 6, 2017

Surdak emphasizes that the goal is to either mitigate some of the pressure caused by data growth or to put that pressure to work for you in growing your startup and remaining competitive: Focus: play to your strengths. Data enable: use metrics and measurements. Determine your core business strategy and resolve to remain true to it.

Startup 55

Startup Social Media Entertainment Metrics 55

socalTECH

SEPTEMBER 29, 2015

The day after we shut down the site, we got an email from this company, saying they had a big opportunity they'd like to talk to us about. We had some investors very interested but wanted us to validate some metrics, so we spent time building things to prove those metrics. We had a lot of reasons we had to do a lot of things.

Software Review 100

Software Review Startup Metrics Content 100