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5 Tactics To Help You Make Good Decisions In Business

Startup Professionals Musings

I recommend that you use every vehicle at your disposal, including email and public statistics, to clarify the worst case. Being prescriptive can help people get to the right outcome faster. Don’t demotivate people by setting expectations too high, or become non-competitive by accepting complacency.

Help 94
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Is it YOU or your great plan?

Berkonomics

Here’s a test: Several weeks ago, we published statistics of start-up and company failures. If you read that analysis of statistics for startups and early-stage businesses, you have learned the truth that at least half of the businesses backed by professional early-stage investors will die within three years or less.

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6 Keys To Predicting The Performance Of Your Business

Startup Professionals Musings

Accurate measurement of the wrong things is not helpful. Key strategic factors for every business should include profits, growth, and competition. An acceptable measurement error is really a statistical calculation, rather than an arbitrary dictate from management. Use statistical tools often to validate your assumptions.

Metrics 81
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Which is more important: Management quality or a better plan?

Berkonomics

If you read last week’s analysis of statistics for startups and early stage businesses, you have learned the truth that at least half of the businesses backed by professional early stage investors will die within three years or less. None of this is to say that an inexperienced entrepreneur cannot lead a great new business.

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6 Information Surges Raise Huge Startup Opportunities

Startup Professionals Musings

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? Startups should seek to continually improve performance through statistical analysis and predictive monitoring. Quantification: big data, bigger results, and controls.

Startup 126
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10 Self-Assessment Checks For Aspiring Entrepreneurs

Startup Professionals Musings

Yet there is no standardized testing or certification required or available anywhere to help you decide if you are a good fit for entrepreneurship, or founding a business is right for you. It helps to work in a similar company before you start your own. Examine the marketplace and your competition. Take stock of whom you know.

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Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce

TechCrunch LA

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