Berkonomics

JUNE 16, 2022

We can invent lots of metrics to measure progress for a leader, including revenue, profit, employee satisfaction, cost containment, percentage of available market, and more. Yes, if you are a bad leader of people, you will lose human resources and frustrate your attempt to reach to goal. There are many roads to Rio, so they say.

Resource 156

Resource Satisfaction Metrics Course 156

Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. That’s likely to be completely unreachable for you with almost any amount of resources. Sources for your data.

Company 156

Company Companies Metrics Resource 156

Startup Professionals Musings

JULY 25, 2020

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. People are your best innovation resource.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

APRIL 21, 2023

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. People are your best innovation resource.

Coach 137

Coach Metrics Competition Ideas 137

Berkonomics

MARCH 31, 2016

We can invent lots of metrics to measure progress for a leader, including revenue, profit, employee satisfaction, cost containment, percentage of available market, and more. Yes, if you are a bad leader of people, you will lose human resources and frustrate your attempt to reach to goal. There are many roads to Rio, so they say.

Resource 120

Resource Satisfaction Metrics Course 120

Startup Professionals Musings

JANUARY 6, 2021

Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. Track competition to stay ahead of copycats.

Technical Review 160

Technical Review Technical Advisors Startup Mentor 160

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. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Tips 161

Tips Startup Social Media News 161

Startup Professionals Musings

FEBRUARY 8, 2020

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. These are risks that can be mitigated with the right resources. Use metrics to measure results of marketing initiatives.

Entrepreneur 129

Entrepreneur Resource Metrics Customer 129

Startup Professionals Musings

JULY 26, 2021

Since we all have limited resources, and can’t add more hours to the day, the result is usually more things done poorly, rather than a few key things done better than anyone else. Well-articulated goals and metrics. Maintain an intimate knowledge of the competition. Don’t wait for a crisis.

Startup 154

Startup Resource Entrepreneur Metrics 154

Startup Professionals Musings

NOVEMBER 2, 2022

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. These are risks that can be mitigated with the right resources. Use metrics to measure results of marketing initiatives.

Resource 121

Resource Metrics Entrepreneur Customer 121

Both Sides of the Table

NOVEMBER 14, 2017

The best CEOs realize that they must transition from being individual contributors to team builders and adjudicators who settle conflicts of “resource allocations.” We have well financed competitors whom despite competing with we respect deeply and when you see your competition launching in many markets it’s tempting to follow suit.

Startup 286

Startup Technical Review Customer Custom 286

Startup Professionals Musings

SEPTEMBER 9, 2015

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. These are risks that can be mitigated with the right resources. Use metrics to measure results of marketing initiatives.

Startup 115

Startup Resource Metrics Entrepreneur 115

Startup Professionals Musings

APRIL 14, 2017

As a startup, you need to use your limited resources to excel at a few core things for your best customers, in order to stand out and get the momentum going. Pick a single metric that is the focus for all growth. Revenue and competitive position followed. Less is more.

Competition 65

Competition Social Media Metrics Customer 65

Startup Professionals Musings

AUGUST 27, 2014

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. These are risks that can be mitigated with the right resources. Use metrics to measure results of marketing initiatives.

Startup 113

Startup Resource Metrics Entrepreneur 113

Both Sides of the Table

DECEMBER 27, 2011

To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year. So while the simplest way that people often evaluate stocks is by P/E ratios (price-to-earnings), one also needs to look at other metrics such as the PEG (price-to-earnings-growth). [of

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

JANUARY 17, 2022

As a startup, you need to use your limited resources to excel at a few core things for your best customers, in order to stand out and get the momentum going. Pick a single metric that is the focus for all growth. Revenue and competitive position followed. Less is more.

Startup 144

Startup Social Media Metrics Customer 144

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. These show a focus on the business elements required for success, and metrics for ensuring accountability, management control, and feedback along the way.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Startup Professionals Musings

OCTOBER 20, 2023

Most new businesses need three to five advisors or board members to regularly evaluate progress and resource needs, as well as your own leadership. Highlight the competitive edge you bring to the market. Put operational systems and metrics in place early. This is not a place for friends and family.

Marketing 116

Marketing Resource Training Startup 116

Startup Professionals Musings

MARCH 3, 2021

To keep you on a positive track with potential investors, I recommend the following logic principles, to balance your passion in presenting your vision of a new business: Make sure your plan includes some business metrics. Postulate competitive reactions and your responses.

Entrepreneur 162

Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

FEBRUARY 2, 2015

Since we all have limited resources, and can’t add more hours to the day, the result is usually more things done poorly, rather than a few key things done better than anyone else. Well-articulated goals and metrics. Maintain an intimate knowledge of the competition. Don’t wait for a crisis.

Startup 109

Startup Resource Entrepreneur Metrics 109

Startup Professionals Musings

MARCH 2, 2020

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Finally, implementation requires a commitment of real money and other resources that can’t be written off so easily as an idea ahead of it’s time. Create a written plan, with target milestones and metrics.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

MAY 23, 2012

Once a new product is launched, a key metric is the ratio of new product sales to overall sales. People are your best innovation resource. Sustainable innovation is really the only sustainable competitive advantage. Sustainable innovation is really the only sustainable competitive advantage. Net result and reward.

Coach 98

Coach Ideas IP Sales 98

Startup Professionals Musings

SEPTEMBER 22, 2022

Allocate resources to handle bumps along the way. 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. Solicit complementary partnerships and alliances.

Marketing 133

Marketing Customer Custom Outsource Development 133

Startup Professionals Musings

FEBRUARY 8, 2015

Most existing metrics and analytics for measuring customer satisfaction and loyalty, including the popular Net Promoter Score (NPS), don’t distinguish between recommend messages to others (word-of-mouth), detract messages or no message at all. The challenge is to measure resources spent against return. Nobody said it would be easy.

Customer 100

Customer Custom Satisfaction Social Media 100

Startup Professionals Musings

MARCH 9, 2011

Once a new product is launched, a key metric is the ratio of new product sales to overall sales. People are your best innovation resource. Sustainable innovation is really the only sustainable competitive advantage. Sustainable innovation is really the only sustainable competitive advantage. Net result and reward.

Coach 93

Coach Ideas IP Sales 93

Startup Professionals Musings

FEBRUARY 5, 2020

Your customers and competition make unexpected moves. Smarter entrepreneurs don’t wait for a crisis to drive change, by defining key milestones and metrics for tracking progress. You need your best people and real resources dedicated to early marketing and branding. The world today never stands still.

Startup 131

Startup Entrepreneur Examples Customer 131

Startup Professionals Musings

SEPTEMBER 16, 2023

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. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

socalTECH

JANUARY 15, 2009

We also provide the consumer a slew of tools, that will help them upload their resume and manage their online identity, plus we also have a resume builder function, detailed metrics on exactly who is viewing their resume, and the ability to create and manage multiple versions of their resume. Is this at all competitive with LinkedIn?

Startup 140

Startup Yahoo Sites Oversee.net 140

Startup Professionals Musings

AUGUST 19, 2022

With the latest advances in software technology, it’s no longer cost-prohibitive for business entrepreneurs, who can’t yet afford a human resources department, to take advantage of analytics tools. Use data analysis and metrics to measure for results. Bigger organizations should invest in the new “big data” tools.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Both Sides of the Table

MAY 23, 2012

Yes, it’s true that FOMO (fear of missing out) is driving some irrational behavior and valuations amongst uber competitive deals and well-financed VCs. The numbers of potential buyers had decreased dramatically both because large companies were shedding jobs and because many past buyers simply lacked resources to make acquisitions.

Venture Capital 347

Venture Capital Capital Technical Review Startup 347

Startup Professionals Musings

OCTOBER 11, 2013

Most existing metrics and analytics for measuring customer satisfaction and loyalty, including the popular Net Promoter Score (NPS), don’t distinguish between recommend messages to others (word-of-mouth), detract messages, or no message. The challenge is to measure resources spent against return. Nobody said it would be easy.

Customer 97

Customer Custom Satisfaction Social Media 97

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. I think in the end it’s helped us build a better product because we are resource-constrained. I’ve been there.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Tech.Co

FEBRUARY 18, 2021

The Dashboard offers a bird's-eye view of projects, letting you see key metrics such as due dates, assigned cards, and cards-per-list so bottlenecks can be prevented before they begin. You'll be able to link cards to external resources such as YouTube videos, Dropbox and Google Drive files as well as Stripe and Salesforce records.

Software Review 138

Software Review Guide Technical Review Class 138

Startup Professionals Musings

SEPTEMBER 28, 2015

As a startup founder, you won’t have the marketing resources or brand recognition to appeal to all consumers. Sustainable competitive advantage. As an entrepreneur, make sure you understand your direct and indirect costs, staffing requirements, margins and metrics to make sure these elements are in place.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

Startup Professionals Musings

AUGUST 13, 2022

Also, investors from the super-hubs (Silicon Valley, New York, or Boston), probably won’t assume anyone outside their domain has the savvy and resources to make it happen. Exposure instills the fear and urgency you need to deliver the right competitive solution. But it is an important metric for firms in pursuit of explosive growth.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

APRIL 4, 2015

Social media is now one of the key marketing tools, but not the only one, so the challenge is to manage the resource tradeoffs effectively by constantly assessing payback versus cost. Don’t forget the metrics and analytics. Above all, don’t forget to observe your competition and their social media activity.

Social Media 108

Social Media Media Startup Tips 108

Startup Professionals Musings

APRIL 15, 2019

As a startup, you need to use your limited resources to excel at a few core things for your best customers, in order to stand out and get the momentum going. Pick a single metric that is the focus for all growth. Revenue and competitive position followed. Less is more.

Social Media 87

Social Media Metrics Customer Custom 87