Startup Professionals Musings

MARCH 10, 2023

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. For progress and success assessment, each of these needs some metrics defined, a training plan, and responsibility assignments within your team.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

OCTOBER 31, 2022

This early stage is often called the idea stage, best populated by people who see the need for change early, or always have a vision for unmet opportunities, or a better way to do things. Idea people often don’t get funded as entrepreneurs, because a new business is all about results, not just ideas.

Activity 108

Activity Satisfaction Metrics Startup 108

Startup Professionals Musings

NOVEMBER 21, 2021

It can start by setting aside twenty minutes in a weekly meeting to explore new ideas for making things better, and then following through. Carve out unstructured time for team members to focus on ideas. Decide what to measure and create metrics. Ideas are the beginning. Design your invisible competitive advantage.

Develop 135

Develop Development Startup Metrics 135

Startup Professionals Musings

JANUARY 22, 2023

Competition is not always a bad thing, and the real purpose is often to make the world a better place. The idea is to build excellence in one area, and get the rest from the ecosystem. With a singular focus on building unicorns, very rapid growth has been a key metric. Design the full stack, not just a new software element.

Capital 138

Capital Marketing Ideas Venture Capital 138

Startup Professionals Musings

OCTOBER 12, 2018

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. Select a business idea that has a longer runway. But the entrepreneur lifestyle is still more fun, even part-time. Marty Zwilling.

Ideas 102

Ideas Entrepreneur Tips Startup 102

Startup Professionals Musings

OCTOBER 29, 2012

A startup begins with a great idea, but all too often, that’s where it ends. Ideas have to be implemented well to get the desired results. That’s why investors invest in entrepreneurs, rather than ideas. Metrics are required for ensuring the return to a known good baseline. Maximize technology architecture and standards.

Ideas 94

Ideas Startup Summary Competition 94

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

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

Startup Professionals Musings

MAY 28, 2016

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. For progress and success assessment, each of these needs some metrics defined, a training plan, and responsibility assignments within your team.

Ideas 62

Ideas Outsource Development Startup Competition 62

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. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Startup Professionals Musings

JUNE 7, 2020

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. For progress and success assessment, each of these needs some metrics defined, a training plan, and responsibility assignments within your team.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

NOVEMBER 30, 2022

I’m a believer in the old saying that investors look for great people, more than great ideas. All businesses these days are too complex to be one-person shows, so you need all the complementary held you can find to keep up with customers and competition, fill your expertise gaps, and scale the market.

Startup 113

Startup Customer Custom Technical Review 113

Startup Professionals Musings

SEPTEMBER 30, 2023

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. You should pick an idea that you can hand off quickly to investors, or one you can grow as a legacy for your family.

Startup 94

Startup Ideas Metrics Entrepreneur 94

Startup Professionals Musings

FEBRUARY 11, 2019

It can start by setting aside twenty minutes in a weekly meeting to explore new ideas for making things better, and then following through. Carve out unstructured time for team members to focus on ideas. Decide what to measure and create metrics. Ideas are the beginning. Design your invisible competitive advantage.

Startup 97

Startup Metrics Competition Organization 97

socalTECH

DECEMBER 20, 2017

In the meantime, we’ll continue publishing thoughts and ideas we’ve learned from great product managers here. It means competition is more fierce because formidable new competitors can arrive overnight. At long last, product managers could collect feature ideas from users at scale. Read on for our top posts from 2017! ??

Technical Review 100

Technical Review Metrics Ideas Product 100

Both Sides of the Table

DECEMBER 11, 2022

I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. 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.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Startup Professionals Musings

MAY 1, 2020

Competition is not always a bad thing, and the real purpose is often to make the world a better place. The idea is to build excellence in one area, and get the rest from the ecosystem. With a singular focus on building unicorns, very rapid growth has been a key metric. Design the full stack, not just a new software element.

Ideas 124

Ideas Venture Capital Software Review Technical Review 124

Startup Professionals Musings

JUNE 18, 2023

investors invest in people, not ideas) Effective and timely go-to-market. Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. Domain knowledge and experience is a huge success factor. Make them “feel the love.” Don’t stand still.

Startup 112

Startup Coach Metrics Marketing 112

Startup Professionals Musings

MAY 20, 2023

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. Select a business idea that has a longer runway. But the entrepreneur lifestyle is still more fun, even part-time. Marty Zwilling

Startup 110

Startup Ideas Entrepreneur Metrics 110

Startup Professionals Musings

FEBRUARY 17, 2019

The most competitive startups do both, all the time and every time. In today’s competitive world, with its accelerating rate of change, no competitive advantage lasts long. The only sustainable competitive advantage is creativity. Celebrate ideas. Flush out ideas and let go of the ones that fail.

Company 90

Company Companies Competition Netflix 90

Startup Professionals Musings

AUGUST 13, 2022

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Having a great idea in the wrong place won’t get you the funding you need, the experienced domain experts you want, or the pilot market results you need for survival.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

OCTOBER 22, 2022

Entrepreneurs and startups are big believers in innovation, but sometimes they forget that innovation must be continual to assure long-term success, rather than the one big-bang idea that initiated their journey. Stroh, which details the principles and metrics to follow for fostering innovation in any organization. by Patrick J.

Metrics 102

Metrics Startup Organization Demand 102

Startup Professionals Musings

AUGUST 12, 2015

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the key to long-term value and a sustainable competitive advantage. Idea management. New product process.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Startup Professionals Musings

AUGUST 18, 2018

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Idea management. New product process.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

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 Customer Custom 128

Startup Professionals Musings

AUGUST 10, 2022

Many smart people I know fall into the category of “idea” people. You may never be at a loss for new ideas, and ways to broaden the appeal of your business. A strong vision and deep insight may get your business off the ground, but long-term success requires constant data analysis, metrics, and attention to your customer feedback.

Mentor 133

Mentor Startup Customer Custom 133

Berkonomics

APRIL 8, 2021

Sometimes, it is just the right idea to brand your product inside that of a known presence. Well-tuned metrics are an absolute must. Many times, it takes an intelligent repositioning of the entire offering to try again with revised ideas based upon learned experience. Third: cost. Fourth: measurement.

Sites 156

Sites Product Social Network Press 156

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. Wozniak’s ideas were too far outside the HP comfort zone of business and scientific users, but Steve Jobs wasn’t ignoring the clues.

Tips 94

Tips Ideas Metrics Help 94

Both Sides of the Table

SEPTEMBER 10, 2021

However, to be a great VC you have to hold two conflicting ideas in your head at the same time. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. On the one hand, you’re over paying for every investment and valuations aren’t rational.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Both Sides of the Table

JULY 21, 2014

Your favorite investor told you this was a bad idea. 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. It will bring down your overall margins but will produce profitable revenue. I know, I know.

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

SEPTEMBER 21, 2020

investors invest in people, not ideas) Effective and timely go-to-market. Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. Domain knowledge and experience is a huge success factor. Make them “feel the love.” Don’t stand still.

Startup 156

Startup Coach Metrics Marketing 156

Startup Professionals Musings

FEBRUARY 17, 2023

Company leaders, as well as front-line team members usually realize when they have a problem, but most have no idea what is possible or how to change the culture. Forestall loss of momentum by creating a long-term roadmap of activities and objectives, with metrics, to track implementation and measure results.

Organization 116

Organization Activity Metrics Training 116

Startup Professionals Musings

AUGUST 27, 2023

Measure progress through metrics on sales, revenue, and penetration. Look for more ways to demonstrate a competitive advantage, and partner with complementary organizations if you need strength in manufacturing, distribution, or customer support. Seek customer feedback on ways to improve value and satisfaction.

Customer 91

Customer Custom Marketing Startup 91

Startup Professionals Musings

AUGUST 24, 2020

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. Select a business idea that has a longer runway. But the entrepreneur lifestyle is still more fun, even part-time. Marty Zwilling.

Startup 150

Startup Entrepreneur Ideas Metrics 150

TechEmpower

JUNE 6, 2018

Not just in measured results per second (several metric crap tonne), but in number of tests measured (~1830), number of framework permutations tested (~464), number of languages included (26), and total execution time of the test suite (67 hours, or 241 billion microseconds to make that sound properly enormous). More on that later.

Framework 377

Framework TechEmpower Platform Metrics 377

Startup Professionals Musings

AUGUST 14, 2016

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Idea management. New product process.

Coach 64

Coach Metrics Competition Ideas 64

Startup Professionals Musings

FEBRUARY 5, 2017

It can start by setting aside twenty minutes in a weekly meeting to explore new ideas for making things better, and then following through. Carve out unstructured time for team members to focus on ideas. Decide what to measure and create metrics. Ideas are the beginning. Design your invisible competitive advantage.

Startup 81

Startup Metrics Organization Ideas 81