Berkonomics

MAY 25, 2023

Of course, you have a vision for what you will do to change the world. It serves as the rallying cry for future employees, investors, customers, and suppliers. Think of some of the great visions from the past that did change the world. I love absolute statements. Pardon my English. But this is one of my favorite statements.

Entrepreneur 156

Entrepreneur Course Resource Email 156

TechCrunch LA

JANUARY 26, 2022

In numerous interviews throughout the past two years, Weiss and other executives have emphasized the company’s focus on its direct-to-consumer online shipping model and obsession with iterating the customer experience based on feedback. It may not be as glamorous as D2C, but beauty tech is big money.

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CTO Hire Layoffs Commerce Email 197

InfoChachkie

DECEMBER 9, 2013

We have heard the phrase ''glass ceiling'' in the past related to women advancing in the workforce. It''s not perfect, of course. If you build a great product that customers love, and have the metrics to back it up, the startup community will celebrate and support you on the merit of that alone, regardless of gender.".

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Berkonomics

NOVEMBER 24, 2022

So, when do we know which course to take? Well, even though that acquisition is still playing itself out on the field of battle, it appears quite clear that the new parent has directed its new subsidiary to abandon the lower end of the market and focus upon the larger sales, corporate customers, and major brands. Refuse to engage?

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Resource Competition Examples Customer 156

Startup Professionals Musings

JANUARY 7, 2023

Every business, young or old, needs to avoid the following six mistakes that he outlines: Anticipating success based on the recent past. Actually, great new customer solutions lead to great platforms, not the other way around. Extrapolating you as the target customer. Never mix up what you like with what your customers will buy.

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Entrepreneur Netflix Social Media Startup 125

Berkonomics

MARCH 24, 2010

First customers are critical. Your first customers for any product or service form your reference base, the important group of allies that your marketing and sales people rely upon when attempting to create buzz and make a mass market for a new product. Make your customer a partner in the process. The fight for quality.

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Customer Custom Resource Sales 149

Both Sides of the Table

OCTOBER 10, 2011

Some customer segments value the DVD business and these may be more price sensitive. Some customer segments value the convenience of instantly available films. Netflix needs to segment their customers and charge each what is appropriate. Of course the press is going to roast you. ” customer segment.

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Netflix Customer Custom Pricing 287

Both Sides of the Table

SEPTEMBER 10, 2021

We have global opportunities from these trends but of course also big challenges. Of course we can’t. There are of course many Seed VCs who take board seats, don’t over-commit to too many deals and try to help with “company building” activities to help at a company’s vulnerable foundations. Hot, Flat & Crowded.”

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Venture Capital Writing Invest Pricing 471

TechCrunch LA

FEBRUARY 13, 2019

Chris Lorenz, Geoffrey Anderson, and James Borow may have spent their days over the past few years working at Snap, but on nights and weekends Anderson and Lorenz were laboring on a different project — improving Ethereum development tools. . “We were really working on scalability testing.” ” .”

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Platform Outsource Development Tool Startup 216

Both Sides of the Table

SEPTEMBER 15, 2022

When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. Pitchbook estimates that there is about $290 billion of VC “overhang” (money waiting to be deployed into tech startups) in the US alone and that’s up more than 4x in just the past decade. And reset they must. discipline & focus.

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Venture Capital Marketing Technical Review Seed Funding 416

Berkonomics

FEBRUARY 22, 2018

I want you to all imagine that it is tomorrow morning, looking back upon today’s reporting of these past months of work by your consultants. I imagine that our report sits today on someone’s shelf, filed with others from past and from following months and years. Not all consultants give advice worth taking, of course.

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Sample Report Course Conference 243

Startup Professionals Musings

AUGUST 21, 2021

Many entrepreneurs never get past their first-stage focus on their innovative product, to scaling the business globally, organizing a structure to handle thousands of employees, and concentrating their focus “on the business” rather than working “in the business.” Isolate marketing from sales for maximum customer focus.

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Startup Course Sales Entrepreneur 151

Berkonomics

APRIL 6, 2017

Of course, you have a vision for what you will do to change the world. It serves as the rallying cry for future employees, investors, customers and suppliers. Email readers, continue here…] Think of some of the great visions from the past that did change the world. I love absolute statements.

Entrepreneur 256

Entrepreneur Course Resource Email 256

Both Sides of the Table

APRIL 1, 2020

In the past two weeks we have entered perhaps to most surreal experience in any of our lives. I have lost friends who didn’t see the light at the end of the tunnel in past economic hardships. He produced a very detailed analysis of his customer base and which would be affected. To say it simply …. Show empathy.

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Demand Guide Customer Custom 215

Startup Professionals Musings

AUGUST 7, 2022

In all cases, it’s more effective and less painful to do it as a planned process, rather than a crash course in survival. This is often the most difficult step, either due to startup passion, or due to past success and the instilled cultural norms of established companies. Carpenter, Gary F. Reinvent the vision for change.

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Course IBM IBM Social Media 127

Startup Professionals Musings

OCTOBER 13, 2021

Of course, it takes both short and long-term focus to survive, but I see too many businesses fall into some common product maladies, which ultimately keep them from becoming a unicorn, or achieving the level of disruptive change they initially envisioned. Locked-in syndrome – do what worked in the past.

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Metrics Product Yahoo Examples 133

Berkonomics

NOVEMBER 25, 2021

Of course, there are external risks that cannot be controlled or predicted but can be planned for as well – natural disasters, sudden political or economic events that rattle the entire economy, and more. Not only is the enterprise threatened, but confidence is shaken among employees, suppliers, even customers. Third is finance risk.

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Competition Marketing Class Product 156

Startup Professionals Musings

FEBRUARY 7, 2021

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. Hence most fail. Perhaps an innate business savvy is no longer a requirement for starting a successful business.

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Technical Review Startup Social Media Satisfaction 136

Both Sides of the Table

MARCH 29, 2014

And being persistent I believe is the most important attribute for success in an entrepreneur (assuming of course that you have all the other requisite skills). Of course at one end of the bucket are entrepreneurs who are persistent but just aren’t polite. But how do you get past gate keepers? Of course I felt badly.

Venture Capital 389

Venture Capital Email Startup Conference 389

Startup Professionals Musings

APRIL 12, 2020

Every business, young or old, needs to avoid the following six mistakes that he outlines: Anticipating success based on the recent past. Actually, great new customer solutions lead to great platforms, not the other way around. Extrapolating you as the target customer. Never mix up what you like with what your customers will buy.

Startup 124

Startup Netflix Social Media Customer 124

Startup Professionals Musings

SEPTEMBER 13, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Only one-third make it past their tenth anniversary. Commit to a major customer.

Startup 136

Startup Technical Review Equity Incubator 136

Startup Professionals Musings

FEBRUARY 19, 2023

Entrepreneurs talk to customers and competitors talk to each other about the new trends and technologies they see. Evaluate customer response prior to development. Surface your prototype, get customer feedback, make corrections, and iterate until you get it right. Being open is the new business culture around the world.

Marketing 105

Marketing Startup Search Engine Optimization Ideas 105

Both Sides of the Table

FEBRUARY 28, 2018

Many of us learned about substitute products in undergrad economics courses. When a product is truly unique and demanded a retailer willingly promotes and sells it en masse in part because it does get margin on the good but also because it brings customers in the door who spend on other products. Ariel understood her customer?—?the

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

MARCH 13, 2021

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. The key is to make decisions from data and feedback, once your business has real customers and real products.

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Entrepreneur Startup Coach Mentor 169

InfoChachkie

MARCH 2, 2010

Gary Kildall, who refused to Conform To His Customers’ Realities , felt that the parameters of the personal computer industry would be defined by the passionate PC hobbyists who drove its early development. He is a member of the University of California at Santa Barbara’s Faculty where he teaches several entrepreneurial courses. _. —

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Pricing Advertising Marketing Startup 138

Berkonomics

AUGUST 2, 2018

Mercedes offers a premium automobile with its customers expecting luxury first, quality second, service third, and price a distant fourth. If Apple released a $229 notebook computer, it would damage the brand and reduce the value of owning an Apple computer in the minds of existing customers.

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Pricing Competition Examples Class 226

Both Sides of the Table

OCTOBER 17, 2019

I thought this was a good time to reflect on some lessons of the past 10 years. That’s ok, their customers adore them, their revenues speak volumes to this and we’re totally fine to back some of the plumbing that makes businesses online work more effectively. Over the past 2.5 But here’s the big “aha.”

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Venture Capital IP Startup Google 223

Berkonomics

JULY 16, 2020

Catching up from past insights. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital required is often surprisingly large. Growing companies usually require more working capital during their periods of rapid growth.

Company 156

Company Companies .Net Equity 156

Startup Professionals Musings

MAY 23, 2020

Entrepreneurs talk to customers and competitors talk to each other about the new trends and technologies they see. Evaluate customer response prior to development. Surface your prototype, get customer feedback, make corrections, and iterate until you get it right. Being open is the new business culture around the world.

Search Engine Optimization 174

Search Engine Optimization Ideas Startup Customer 174

Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. Customer acquisition cost. That bit is easy.

Metrics 150

Metrics Startup SaaS Course 150

Both Sides of the Table

OCTOBER 26, 2020

and of course a relentless pursuit of helping founders succeed. So mostly we just had to listen to customer feedback from founders, VCs and LPs. She’s more qualified than I and I know she’ll eventually eclipse the things that Yves and I have built over the past couple of decades. So What Does All This Mean?

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Venture Capital Startup Invest CitySearch 361

InfoChachkie

MARCH 3, 2011

In the spirit of the “land grab” mentality of the day, we emphasized usage of our screen sharing technology with no thought applied to how we would convert such users into paying customers. In fact, the lessons we learned allowed us to effectively convert the majority of our 50,000 free GoToMyPC Beta users into paying customers.

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Customer Custom Technical Support Startup 162

Both Sides of the Table

SEPTEMBER 15, 2013

If you want to be a YouTube MCN producer the problem is compounded by the fact that of course the talent needs to make money as well. Of course it’s a competitive market so MCNs competing for top talent not only compete on rev share to talent but also to services that they provide talent. But the best MCNs are so much more.

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Networking Media Content Customer 366

Berkonomics

JUNE 4, 2020

Most college econ courses teach marginal economics. There is amazing leverage in high gross profit margins once a company is past breakeven. There is amazing leverage in high gross profit margins once a company is past breakeven. So, not to scare those who didn’t take econ, here is a simple explanation. And that’s power!

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.Net Sales Tool Email 156

Startup Professionals Musings

DECEMBER 3, 2021

Smart potential customers only visit and buy from credible and memorable websites. In the past, if your startup had a website presence, the company was credible by definition. No name, picture, address, or business history only convinces customers that you are hiding, located in an un-trustable country, or don’t have a clue.

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Web Search Engine Optimization eBook Advertising 117

Startup Professionals Musings

AUGUST 21, 2022

Of course, the best solution would be a new wave of so-called whole-brain thinkers, but this term is usually reserved for Einstein and Picasso, and no entrepreneurs that I can name. Don’t be afraid of using your intuition and feelings to guide you with customers, but don’t ignore real data. Know thyself.

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Guide Entrepreneur Social Media Ideas 137

InfoChachkie

DECEMBER 2, 2009

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.

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Customer Custom Advertising SEM 164