Startup Professionals Musings

FEBRUARY 1, 2023

In my experience advising businesses, large and small, I have often been surprised by the level of complacency and general malaise I find in the ranks, with a resultant direct loss of productivity and competitiveness. Develop metrics to monitor work intensity. Let that be part of their job satisfaction.

Satisfaction 108

Satisfaction Metrics Competition Examples 108

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. Unbundle projects into smaller elements, and personalize the top couple of metrics for each team.

Customer 140

Customer Custom Social Media Metrics 140

Startup Professionals Musings

AUGUST 15, 2022

As an entrepreneur, what steps can you take to help your business not only survive the data hurricane, but to thrive under these new and challenging conditions? Data enable: use metrics and measurements. Extend data metrics into non-traditional channels, such as email, internal social media, and customer collaboration platforms.

Startup 126

Startup Social Media Entertainment Metrics 126

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

Startup Professionals Musings

SEPTEMBER 16, 2023

They helped create over 5 million new businesses in 2022, a forty percent increase over the previous year. 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. The cost of social media done well is low.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Startup Professionals Musings

JULY 26, 2023

I see this happening in smaller ways often, where there is minimal focus on competition. Here are some key initiatives that I recommend to every business owner and leader to stave off new competitors before they seriously impact or cause a competitive crisis in your business: Continually compare yourself to known competitors.

Metrics 71

Metrics Training Netflix Resource 71

Both Sides of the Table

DECEMBER 11, 2022

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. It was a way to make it hard for your competition to compete. We wanted new things to exist and to solve new problems and to see our creations come to life.

Venture Capital 466

Venture Capital Startup LAMP Marketing 466

Startup Professionals Musings

JULY 4, 2021

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Trying to do too many things with too few resources, usually means the startup will not shine at anything, and will not survive the competition. Hire real help and learn to delegate.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

SEPTEMBER 30, 2023

If your mission is to change the world or help the disadvantaged, another dating site or online gambling may not be for you, no matter how financially lucrative. For example , when Yvon Chouinard founded Patagonia , a successful outdoor products company, his real goal was building safe products to help the environment.

Startup 94

Startup Ideas Metrics Entrepreneur 94

TechCrunch LA

SEPTEMBER 7, 2021

They also have a very smart and efficient approach to creative development that was critical to helping us scale,” she wrote. (If In today’s highly competitive ad environment, both content and data are kings. Have you worked with a talented individual or agency who helped you find and keep more users?

Commerce 211

Commerce Content Marketing Startup 211

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. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost. The cost of social media done well is low.

Tips 161

Tips Startup Social Media News 161

Both Sides of the Table

JULY 21, 2014

” It helps to have seen the way down twice before to know many of the signs. 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. And as I always assert, “Great companies are built in downturns.

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

APRIL 27, 2022

How does any entrepreneur define the right balance, and then measure their performance against real metrics? Lots of people are trying to help, with new twists on the age-old model of free-market capitalism that has driven businesses for the last 500 years. Making a profit does not imply greed.

Startup 110

Startup Entrepreneur Capital Examples 110

Both Sides of the Table

MAY 14, 2018

No amount of tracking when she read your deck is going to truly help you get inside her head so those benefits are oversold. Summary: Send the Deck Pitch decks are sales & marketing decks and like in any sales activity, any great sales person assumes his or her competition will eventually get their deck. A deck is a deck.

Funding 239

Funding Venture Capital IP Competition 239

Both Sides of the Table

SEPTEMBER 10, 2021

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. at this scale it’s easier for us to help fund a seed extension. And the truth is that several entrepreneurs prefer it this way.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

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. Unbundle projects into smaller elements, and personalize the top couple of metrics for each team.

Social Media 128

Social Media Metrics Custom Customer 128

Startup Professionals Musings

DECEMBER 22, 2021

A winning linked focus example is to choose a higher purpose common to all cultures, such as protecting the environment, or helping the underprivileged. Old-fashioned surveys need help from new algorithms, data science, and digital bots. Use metrics to assess needs and growth economics. Make every customer experience memorable.

Custom 114

Custom Customer Metrics Satisfaction 114

Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. Emphasize your real ambition to change the world, through helping the underprivileged, improving healthcare, or saving the environment.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Startup Professionals Musings

NOVEMBER 11, 2019

As an entrepreneur, what steps can you take to help your business not only survive the data hurricane, but to thrive under these new and challenging conditions? Data enable: use metrics and measurements. Extend data metrics into non-traditional channels, such as email, internal social media, and customer collaboration platforms.

Technology 97

Technology Social Media Startup Entertainment 97

socalTECH

DECEMBER 20, 2017

It means competition is more fierce because formidable new competitors can arrive overnight. With so many APIs, SaaS ecosystems, and cloud platforms to rely on, a digital product that may have taken five years to get off the ground in 2000 can now be brought to life in a matter of months. Why has product management be so slow to adapt?

Technical Review 100

Technical Review Metrics Ideas Product 100

Tech.Co

FEBRUARY 18, 2021

Companies all around the world use Trello to help manage projects and coordinate team tasks and responsibilities. Timeline also works on the Trello Android and iOS apps, helpful for keeping abreast of your work on-the-go. The Table view is helpful for work that covers multiple teams or when boards simply get too big to manage.

Software Review 152

Software Review Technical Review Guide Class 152

Startup Professionals Musings

AUGUST 19, 2022

Data helps avoid predetermined (and often erroneous) approaches to solving your people problems. Use data analysis and metrics to measure for results. Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course. Working on the wrong problem or assumption.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Startup Professionals Musings

AUGUST 13, 2022

You need to move to right location and get connected before you ask for help. Exposure instills the fear and urgency you need to deliver the right competitive solution. Being in the right location helps you to maintain pace because of access to skilled and experienced people. billion dollar sale to Oracle from Bozeman, Montana.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

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. And the most logical one seemed to be “eyeballs” or number of unique users finding their way to the site or registering for the service.

Metrics 207

Metrics Sites Advertising Web 207

Startup Professionals Musings

SEPTEMBER 22, 2022

Oprah Winfrey was helped in her career by her relationship with Barbara Walters. 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

Measure progress through metrics on sales, revenue, and penetration. Some market leaders have found that adding a focus on a higher cause, like helping the needy or saving the environment, can magnify your value in the eyes of customers. Seek customer feedback on ways to improve value and satisfaction.

Custom 91

Custom Customer Marketing Startup 91

Startup Professionals Musings

MARCH 2, 2020

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Create a written plan, with target milestones and metrics. Expand your own learning and knowledge by helping others. I have tried to convince him the general idea alone does not make a business.

Ideas 126

Ideas Writing Examples Outsource 126

socalTECH

JUNE 11, 2018

Writers can submit their scripts into these programs, and the dashboards make it convenient to track, and it also allows them to track placement and their scores in these competitions. Each one has their own process for discovering talent, promoting them to industry, and helping provide career momentum for them.

Technical Review 100

Technical Review Hollywood Platform Competition 100

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. And the only way to do that is to help them calculate the ROI (return on investment) of using your product.

Sales 289

Sales Startup Training Pricing 289

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. But hope it helps you think about how one investor approaches his job. Early stage.

Invest 254

Invest Writing Pricing Metrics 254

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. Make sure the process is respectful of their needs as well as yours.

Activity 145

Activity Organization Examples Metrics 145

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

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. Unbundle projects into smaller elements, and personalize the top couple of metrics for each team.

Social Media 96

Social Media Metrics Custom Customer 96

Startup Professionals Musings

MARCH 25, 2020

Most of you realize that survival in business today requires grabbing hold of tomorrow’s opportunities with disruptive innovation , before your competition or a new startup gets there. It also helps to bring in outsiders periodically to suggest ideas you might be overlooking. Eliminate learned behavior and mental shortcuts.

Tips 94

Tips Ideas Metrics Help 94

Startup Professionals Musings

JULY 28, 2019

How does any entrepreneur define the right balance, and then measure their performance against real metrics? Lots of people are trying to help, with new twists on the age-old model of free-market capitalism that has driven businesses for the last 500 years. Making a profit does not imply greed.

Startup 93

Startup Entrepreneur Capital Examples 93

Both Sides of the Table

FEBRUARY 20, 2019

This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members). I actually think having a formal board can really help you. This is the norm and unless you have a hugely competitive round it’s not worth fighting.

Startup 236

Startup Venture Capital Tips Capital 236

Startup Professionals Musings

MAY 31, 2015

As an entrepreneur, what steps can you take to help your business not only survive the data hurricane, but to thrive under these new and challenging conditions? Data enable: use metrics and measurements. Extend data metrics into non-traditional channels, such as email, internal social media, and customer collaboration platforms.

Startup 106

Startup Social Media Entertainment Metrics 106