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Pour And Stir II – Managing Your Cost Per Customer

InfoChachkie

As noted in Pour and Stir Part I , the key to the successful execution of this strategy is managing the following equation: The cost to acquire a customer < lifetime value of a customer. Decreasing Your Customer Acquisition Costs. This is equivalent to being handed a free customer for every ten customers you acquire.

Customer 164
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10 Marketing Strategies To Drive Exponential Growth

Startup Professionals Musings

As an angel investor, I see plenty of startups focusing on building an innovative product, but I’m looking for the few who are also leading with an exponential growth strategy, to put them in the category of the next Amazon or Google. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170
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20 Best Free and Paid Tools for Startups in 2023

Tech.Co

Launching and growing a startup is one of the biggest missions an entrepreneur can undertake. Business tools — from customer relationship management ( CRM ) platforms to accounting software — help to save startups time and money by automating key processes and maximizing efficiency. Most of these features are available for free.

Tool 128
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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

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Interview with Scott Grimes, Stackin

socalTECH

We try to make it very easy for the average consumer to get more financial information, content, and ultimately, product, in the financial industry. We wanted to make the topics, information, and content relevant to people as they came into the ecosystem. We curate the best products within each category of finance.

Content 124
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10 Entrepreneur Approaches That Turn Off Investors

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

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How To Manage Online Reviews and Business Reputation

Startup Professionals Musings

Even worse, many entrepreneurs don’t even take the time to monitor what people are saying about them to others. If you find yourself and your business in one of these categories, it’s time to heed the steps I recommend to every business client today: Ask for a good review from every satisfied customer.