Berkonomics

FEBRUARY 23, 2023

Competitors, seeing a successful development of a niche, flock into the competitive void with products or services built with a fresh view of the current environment. Young companies have been known to outgrow the abilities of management to focus and direct them, failing to make the transition to organized, stable growth.

Pricing 156

Pricing Invest Equity Entrepreneur 156

InfoChachkie

JANUARY 5, 2015

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

Pricing 100

Pricing Product Startup Custom 100

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 102

Sales Custom Customer Outsource 102

TechCrunch LA

APRIL 9, 2020

From lockdown in her Northern Italy home, Cevolini shared perspective on the future of motorcycling, acquisition offers and plans to recharge her company when the COVID-19 crisis subsides. general manager ( Stefano Benatti ) — filled more orders in the first two months of 2020 than all its sales for 2019, according to Cevolini.

Technical Review 277

Technical Review Competition Demand Sales 277

Both Sides of the Table

JANUARY 29, 2010

Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness. I look for people who share this obsession about winning. If you stumble on to a really good idea believe me it will get competitive really quickly. This competitive streak paid off. I had to say it.

Competition 296

Competition Entrepreneur Startup GRP Partners 296

Startup Professionals Musings

MAY 29, 2023

I recognized this as I was reading the classic book, ” The Only Sales Guide You’ll Ever Need ,” by Anthony Iannarino, who is an international sales leader and expert on optimizing results. His focus is on sales, but I see the same skills needed for entrepreneurs. Value is far more than cost versus price.

Startup 154

Startup Sales Entrepreneur Custom 154

Both Sides of the Table

JULY 6, 2015

Many people are too cautious in sales processes and as a result when they present their solutions they end up sounding milquetoast and undifferentiated from anybody else in the market. I recently wrote about the three rules of sales. Assume competition and assume within the buying organization you have enemies. Why Buy Me?

Sales 150

Sales SaaS Startup Venture Capital 150

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

SEPTEMBER 6, 2020

I recognized this as I was reading the classic book, ” The Only Sales Guide You’ll Ever Need ,” by Anthony Iannarino, who is an international sales leader and expert on optimizing results. His focus is on sales, but I see the same skills needed for entrepreneurs. Value is far more than cost versus price.

Entrepreneur 134

Entrepreneur Startup Sales Custom 134

Berkonomics

FEBRUARY 9, 2017

Competitors, seeing a successful development of a niche, flock into the competitive void with products or services built with a fresh view of the current environment. Young companies have been known to outgrow the abilities of management to focus and direct them, failing to make the transition to organized, stable growth.

Pricing 120

Pricing Invest Email Competition 120

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

Startup 336

Startup Pricing Technical Review Marketing 336

InfoChachkie

JULY 28, 2015

My House Is Not For Sale. Even the eccentric King of Pop communicated the price he was willing to pay for Neverland. Our response was that there was no “price” as our company was not for sale. What is your price?”. Do Nothing – Taking no action was the potent competition faced by Citrix.

Company 100

Company Companies Santa Barbara Pricing 100

socalTECH

APRIL 26, 2017

My background is I was a sales rep in this industry for fourteen years, with Nikon. We've created an alternative, a hybrid microscope for the price of one. The way we did this, is we got rid of the traditional eyepieces, and instead let users use a tablet to view and capture images, and share them wirelessly.

Tech Coast Angels 124

Tech Coast Angels Startup Sales Slides 124

Berkonomics

NOVEMBER 7, 2013

Perhaps surprisingly, the components are NOT the traditional coding/business pieces; nor are they even coding /user interface / business / sales, or whatever. The basic concept has to make some kind of sense given the technical, market and competitive environment, otherwise nothing else matters. BUT good ideas are NOT hard to find.

Startup 189

Startup Sales Ideas Entrepreneur 189

Both Sides of the Table

JULY 22, 2010

Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. And for some strange reason entrepreneurs didn’t share this information. per share * 1 million pre-money outstanding shards = $2.4 Investors own 25%, the founders own 75%.

Venture Capital 405

Venture Capital Pricing Startup Funding 405

Both Sides of the Table

JUNE 4, 2013

Put simply – you need enough users in a segment who care about what you’re doing to dictate investing further in the product or in sales & marketing resources. One of the things I have observed over the years is that a hard charging sales oriented founder/CEO can often hide the defects in a product. Like DeviantArt.

Startup 401

Startup Custom Customer Technical Review 401

Both Sides of the Table

MAY 13, 2018

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. Somehow many first-time founders equate “sales” with something that is beneath them. In sales there are also three rules: Qualify, qualify, qualify.

Venture Capital 332

Venture Capital Funding Startup Sales 332

socalTECH

APRIL 26, 2017

My background is I was a sales rep in this industry for fourteen years, with Nikon. We've created an alternative, a hybrid microscope for the price of one. The way we did this, is we got rid of the traditional eyepieces, and instead let users use a tablet to view and capture images, and share them wirelessly.

Tech Coast Angels 100

Tech Coast Angels Startup Sales Slides 100

Berkonomics

AUGUST 27, 2015

They sought to recruit associates offering a sharing of the vision resulting in lifetime employment as an incentive for maximum effort and effective collaboration. They are also very competitive, and highly value the intellectual property of the Flipper. They also tend to have invested more of their own money in their businesses.

Entrepreneur 120

Entrepreneur Equity Competition Pricing 120

Startup Professionals Musings

OCTOBER 20, 2018

I recognized this as I was reading the classic book, ” The Only Sales Guide You’ll Ever Need ,” by Anthony Iannarino, who is an international sales leader and expert on optimizing results. His focus is on sales, but I see the same skills needed for entrepreneurs. Value is far more than cost versus price.

Startup 98

Startup Sales Entrepreneur Custom 98

Startup Professionals Musings

OCTOBER 5, 2016

I recognized this as I was reading a new book, ” The Only Sales Guide You’ll Ever Need ,” by Anthony Iannarino, who is an international sales leader and expert on optimizing results. His focus is on sales, but I see the same skills needed for entrepreneurs. Value is far more than cost versus price.

Entrepreneur 106

Entrepreneur Sales Startup Custom 106

Tech Zulu Event

MARCH 7, 2013

Business intelligence analyst IBIS World estimates that VDR industry sales will grow by 16% this year to nearly $730 million. The lion’s share of all revenue is captured by three large players: IntraLinks, Merrill Datasite, and RR Donnelly’s Venue. Steering Innovation In The $730 Million VDR Industry. How CapLinked Changes The Game.

Mobile 91

Mobile Report Pricing Tool 91

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 Custom 100

socalTECH

APRIL 12, 2012

We partnered with the world's largest distributors, Ingram Micro and others, to provide great services, prices, and products to consumers. We have traditionally have focused on a product centric approach, where a consumer comes to our site to help find the lowest prices on a product easier. That is growing nicely.

Sites 210

Sites Commerce Pricing Product 210

InfoChachkie

SEPTEMBER 17, 2012

These questions, which manifest themselves in numerous forms, all share a common underlying objective: to divine your motivations, expectations and desires. Defining a shared vision of success, which encompasses a specific range of potential outcomes, reduces the odds of an exit-oriented conflict.

Entrepreneur 253

Entrepreneur Google Invest RSS 253

InfoChachkie

MARCH 16, 2010

My House Is Not For Sale. Even the eccentric King of Pop communicated the price he was willing to pay. Our response was that there was no “price” as our company was not for sale. As we were not engaged in selling our company, a “price” was nonexistent. What is that price?”. free weekly Infochachkie articles!

Company 160

Company Companies Pricing Santa Barbara 160

Both Sides of the Table

FEBRUARY 27, 2019

Nobody knows how many outstanding shares are in the company so nobody knows what percentage Mary’s 22,475 shares is equal to. This can include: Fund raising, product development choices, sales, marketing effectiveness, competition, business development, M&A … whatever. The meeting starts. It probably starts late.

Startup 226

Startup Slides Metrics News 226

Startup Professionals Musings

DECEMBER 1, 2017

The alternatives range from giving the product away for free (revenue from ads), to pricing based on costs, to charging what the market will bear (premium pricing). Price based on product costs plus margin. Price based on average value to customer. Price with recurring low subscription payments.

Pricing 66

Pricing Custom Customer Advertising 66

Both Sides of the Table

APRIL 12, 2018

Throughout all of this we saw a tinkerer, a problem solver and a completely obsessed leader who was competitive and wanted to win. But we were sure that Jamie would be maniacally focused on improving the product, marketing the dream to consumers and out-maneuvering the slower-moving competition. We weren’t sure.

Startup 247

Startup Pricing Product Marketing 247

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

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

Sales 97

Sales Custom Customer Outsource 97

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

Both Sides of the Table

APRIL 14, 2012

. “If the company was able to use the Sequoia deal to drive its Facebook acquisition value higher, then in theory the founding team’s smaller share of a larger $ pie is greater than the larger share of a smaller $ pie. Raising a large round at whatever price will almost certainly take many potential buyers off the table.

Venture Capital 316

Venture Capital Pricing Social Network Acquisition 316

Both Sides of the Table

FEBRUARY 24, 2016

We raised this capital in what has increasingly become a difficult market for fund raising so I’d like to share with you some details on how we get it done. They have high-priced property and zero innovation. It tested our beliefs about pricing, products and marketing overall of our service. Public Storage does about $2.4

Startup 150

Startup Pricing Marketing Product 150

InfoChachkie

NOVEMBER 15, 2011

Government customers abundantly waste both of these assets by negatively impacting a startup’s cash flows while causing it to spend unnecessary time participating in laborious approval processes and elongated sales cycles. This is nearly impossible to quickly determine when the sales process is rigidly defined by arbitrary rules.”

Startup 207

Startup Outsource Development Software Review Sales 207

Both Sides of the Table

JUNE 20, 2014

Last year at this time I spoke at VidCon and gave this presentation in which I said YouTube was “the Walmart of Online Video” but I also commented that I felt YouTube was vulnerable to competition because their rev share to MCNs wasn’t high enough to allow MCNs to build a profitable business inside of YouTube.

Invest 291

Invest Content Media Networking 291

InfoChachkie

MAY 16, 2011

1) Expect Independent Channel Sales Reps To Perform Missionary Sales. Rationale: I cannot afford to hire a direct sales force. Fallacy: Third-party, OEM (Original Equipment Manufacturing) representatives succeed once the sales process is defined, proven and documented. Public relations at a startup is a sales process.

Startup 242

Startup Outsource Development Outsource Sales 242