Startup Professionals Musings

OCTOBER 9, 2015

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.

Startup 98

Startup Platform Pricing Netflix 98

Startup Professionals Musings

NOVEMBER 14, 2012

Sales data needs to be correlated to advertising campaigns, price changes, seasonal forces, competitive actions, and other cost of sales. This tells you whether your marketing and advertising investments are paying for themselves. Again, be sure to check industry norms for your type of business to see if you are competitive.

Metrics 106

Metrics Startup Sales Statistics 106

Startup Professionals Musings

DECEMBER 17, 2013

Sales data needs to be correlated to advertising campaigns, price changes, seasonal forces, competitive actions, and other costs of sales. This tells you whether your marketing and advertising investments are paying for themselves. Again, be sure to check industry norms for your type of business to see if you are competitive.

Metrics 100

Metrics Technical Review Sales Customer 100

Startup Professionals Musings

FEBRUARY 24, 2017

Yet, according to statistics from the Small Business Association (SBA), over half of new businesses offer something else - personal professional services, including consulting, business coaching, and advisory services. Set pricing to assure both revenue and profit. They expect reviews and testimonials from other clients.

Social Media 56

Social Media Pricing Technical Review Demand 56

Startup Professionals Musings

DECEMBER 28, 2016

They will get you interest from investors and lenders, and you will receive better financing, prices, terms, and conditions from business suppliers and professional services. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Startup 71

Startup Statistics Guide Entrepreneur 71

Startup Professionals Musings

JULY 14, 2013

They will get you interest from investors and lenders, and you will receive better financing, prices, terms, and conditions from business suppliers and professional services. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Entrepreneur 114

Entrepreneur Startup Statistics Guide 114

Both Sides of the Table

OCTOBER 31, 2010

In the early days of selling it can sometimes be an advantage to not have rigid pricing schedules, complex service level agreements (SLAs), hard-and-fast rate limits, etc. He pushed for a lot more standardization of pricing, marketing collateral, sales process, etc. I sometimes find it funny since 73.6%

Sales 286

Sales Newsletter Technical Review Activity 286

Startup Professionals Musings

MAY 30, 2012

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Statistically, the costs to the first inventor of a new technology are at least a third higher than to follow-on innovators in the same technology. Imitation drives progress.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

FEBRUARY 26, 2011

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Statistically, the costs to the first inventor of a new technology are at least a third higher than to follow-on innovators in the same technology. Imitation drives progress.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

SEPTEMBER 11, 2013

In developing countries, like China and India, the statistics are reversed. The reasons here are a lot more complex than the meltdown of key investment banks in the US a few years ago, so don’t expect a big recovery anytime soon. Startups going public are laid open to competitors and critics.

Startup 97

Startup Report Entrepreneur Statistics 97

Startup Professionals Musings

JUNE 10, 2012

They will get you interest from investors and lenders, and you will receive better financing, prices, terms, and conditions from business suppliers and professional services. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Startup 100

Startup Statistics Entrepreneur Guide 100

Startup Professionals Musings

MARCH 3, 2011

They will get you interest from investors and lenders, and you will receive better financing, prices, terms, and conditions from business suppliers and professional services. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Screening 99

Screening Startup Statistics Guide 99

Both Sides of the Table

JANUARY 1, 2016

We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle. In fact, 90% of our investments are either Seed or A-round investments (10% are B-round). We’re a national venture capital investment firm but with our roots firmly in Los Angeles. That’s healthy.

Startup 150

Startup Coach Course Invest 150

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. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

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. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

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. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

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. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Startup 60

Startup Statistics Pricing .Net 60