Startup Professionals Musings

DECEMBER 17, 2013

For starters, here is my selection of some key metrics that every six-sigma joint like GE tracks without thinking, but that too many small businesses haven’t yet formalized: Sales revenue. Sales data needs to be correlated to advertising campaigns, price changes, seasonal forces, competitive actions, and other costs of sales.

Metrics 100

Metrics Technical Review Sales Customer 100

Startup Professionals Musings

NOVEMBER 14, 2012

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. Sales is simply defined as income from customer purchases of goods and services, minus the cost associated with things like returned or undeliverable merchandise.

Metrics 106

Metrics Startup Sales Statistics 106

Startup Professionals Musings

AUGUST 10, 2019

That’s not an attractive statistic if you crave control and power. Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. Should you start a company solo or find co-founders to help you? The answer is to look hard inside yourself, to see what makes you happy and satisfied.

Startup 97

Startup USC Entrepreneur Statistics 97

Startup Professionals Musings

MAY 31, 2015

There is still infinite room for new startup sales modes and models. 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? Online entertainment: millions of channels, billions of actors. Gamify: engagement to get what you pay for.

Startup 106

Startup Social Media Entertainment Metrics 106

Startup Professionals Musings

DECEMBER 6, 2017

There is still infinite room for new startup sales modes and models. 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? Online entertainment: millions of channels, billions of actors. Gamify: engagement to get what you pay for.

Startup 55

Startup Social Media Entertainment Metrics 55

Both Sides of the Table

FEBRUARY 27, 2010

Some data like those in the studies I mentioned above might help influence our thinking but the answer is, in the end, subjective. At the margin you can make yourself better at sales, product design, marketing, leadership, capital raising, etc. But I’m not naive enough to think that I am factually right. Or at least 73.6%

Startup 289

Startup Statistics Entrepreneur Study 289

Startup Professionals Musings

APRIL 6, 2014

There is still infinite room for new startup sales modes and models. 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? Online entertainment: millions of channels, billions of actors. Gamify: engagement to get what you pay for.

Startup 99

Startup Social Media Entertainment Metrics 99

Startup Professionals Musings

DECEMBER 14, 2014

That’s not an attractive statistic if you crave control and power. Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. Should you start a company solo or find co-Founders to help you? The answer is to look hard inside yourself, to see what makes you happy and satisfied.

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107

Startup Professionals Musings

JANUARY 11, 2016

Put aside the rose-colored glasses of your passion, and ask a financial expert to validate the total costs required to build the business as well as realistic sales volumes and growth. It helps to document a total business plan rather than rely on your total recollection of all essential elements. And he is an optimist.

Startup 62

Startup Ideas Entrepreneur Statistics 62

Startup Professionals Musings

AUGUST 19, 2017

That’s not an attractive statistic if you crave control and power. Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. Should you start a company solo or find co-founders to help you? The answer is to look hard inside yourself, to see what makes you happy and satisfied.

Entrepreneur 57

Entrepreneur USC Statistics Equity 57

Startup Professionals Musings

JULY 19, 2013

That’s not an attractive statistic if you crave control and power. Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. Should you start a company solo or find co-Founders to help you? The answer is to look hard inside yourself, to see what makes you happy and satisfied.

Startup 98

Startup Entrepreneur Statistics Equity 98

Both Sides of the Table

JANUARY 1, 2016

We try to hire deeply analytical associates to can help companies problem solve and who make us better investors. So we like to behave like we don’t know any better than you – we can just bring an outside perspective to help spar you and make you a better decision-maker through the process. That’s healthy. Conviction.

Startup 150

Startup Coach Course Invest 150

socalTECH

JULY 23, 2009

It's somewhat unusual in this economy to find companies who are seeing strong growth, so we were intrigued recently in running into BlackLine Systems (www.blackline.com), a firm which develops software for helping in the financial reporting process. It's unusual to have a CEO from the technology side, they're usually from sales.

Startup 124

Startup Software Review CTO Hire Oracle 124

Startup Professionals Musings

JULY 15, 2013

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Otherwise, sales, marketing, and operational costs will kill you. Next comes sales volume by channel. Cash flow is king.

Startup 95

Startup Pricing Statistics .Net 95

Startup Professionals Musings

JUNE 9, 2012

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Otherwise, sales, marketing, and operational costs will kill you. Next comes sales volume by channel. Cash flow is king.

Startup 95

Startup Statistics Pricing .Net 95

Startup Professionals Musings

MARCH 22, 2011

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Otherwise, sales, marketing, and operational costs will kill you. Next comes sales volume by channel. Cash flow is king.

Startup 92

Startup Statistics Pricing .Net 92

Startup Professionals Musings

MARCH 25, 2010

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Otherwise, sales, marketing, and operational costs will kill you. Next comes sales volume by channel. Cash flow is king.

Startup 60

Startup Statistics Pricing .Net 60