Startup Professionals Musings

DECEMBER 11, 2017

From my perspective, projecting financial returns is part of the homework every business person needs to do in sizing customer opportunity, product costs, pricing, competition and customer value, before expending their own resources in a highly risky venture. Project unit-volume and price levels.

Pricing 57

Pricing Startup Entrepreneur Invest 57

StartUp Beat

JULY 26, 2017

Broadband access in the US has come under both scrutiny and criticism recently with a lack of competition being blamed for sub-par services. As competition increases, consumers need to be aware of their options, which is why BroadbandNow has set up their comprehensive database of US broadband providers.

Software Review 40

Software Review Technical Review Competition Statistics 40

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

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

JANUARY 4, 2015

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value.

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

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. Again, be sure to check industry norms for your type of business to see if you are competitive. Over time, you cost of acquisition should go down as growth and your brand image goes up.

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. Again, be sure to check industry norms for your type of business to see if you are competitive. Over time, you cost of acquisition should go down as growth and your brand image go up.

Metrics 100

Metrics Technical Review Sales Custom 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

JANUARY 16, 2017

Incents customers to pay a premium price. Sustainability and social responsibility are ways to extend your exclusivity and added value, thus lowering risk, improving profitability, and justifying a premium price. Is seen by customers as a competitive edge. Loyal customers post great reviews and bring in many new friends.

Custom 64

Custom Customer Statistics Pricing 64

Berkonomics

AUGUST 18, 2011

And statistically, the first product into a niche is very rarely the one to succeed. . Marriott called theirs “tier pricing”. In the meantime, we sold a second system to a large timeshare resort in Orlando for the same price. I became even more excited about the concept applied to the hotel industry.

Artificial Inteligence 214

Artificial Inteligence Pricing Design Product 214

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

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

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

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

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

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

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

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

SEPTEMBER 11, 2013

In developing countries, like China and India, the statistics are reversed. Because public shareholders usually take the short-term view, they want to see constant rises in the stock''s price so they can sell their shares for a profit. The M&A alternative looks simple by comparison. Constant pressure to increase earnings.

Startup 97

Startup Report Entrepreneur Statistics 97

Tech Zulu Event

JUNE 6, 2012

“Competition for the future is about what you are doing today,” Vijay Govindarajan preaches passionately from the stage at the front of the Metro Toronto Convention center on June 5th, 2012 at the Art of Leadership Conference. So Ford, pricing their car at $15,000, was aiming at the very rich India car buyer.

Pricing 80

Pricing Statistics Examples Design 80

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

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

Both Sides of the Table

JANUARY 1, 2016

Chip Kelly believes in the statistics of players: ages, sizes, speeds – and everybody is clear what the “Chip Kelly system” was. She can anticipate reactions to price increases or product changes by customers and she can sustain competitive challenges because she knows the customer will stick by her.

Startup 150

Startup Coach Course Invest 150