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6 Keys To Predicting The Performance Of Your Business

Startup Professionals Musings

Every business owner and entrepreneur like you I work with wishes they could better predict product demand and sales, for managing inventory and long-term business planning. We all have our favorite metric and our passion, but keeping up with real-world changes and trends seems to be always just out of reach.

Metrics 81
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Of course, not every entrepreneur wants to tackle this challenge. Of course, that means a new level of risk, giving up some control, and a new business plan. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands.

Sales 147
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5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

Of course, someone with more operating experience may be brought in once the new venture has been successfully launched. Don’t let early success dilute your focus, or demand that the new venture quickly meet your mainline financial and growth metrics. Choose a trusted team lead with executive sponsors.

Incubator 143
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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

Of course back then it literally was sold in a package and stored on a shelf! Create company measures for success that go beyond financial metrics. You manage what you measure so be careful about having too narrowly defined of performance metrics. I’m paranoid about the evaporation of revenue.

Marketing 354
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10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

Of course, not every entrepreneur wants to tackle this challenge. Of course, that means a new level of risk, giving up some control, and a new business plan. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands.

Startup 97
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If You Don’t Have a Discrete Hypothesis You Are Incapable of Failing

Both Sides of the Table

Oh, and if you didn’t guess, the title, “if you don’t have a discrete hypothesis you are incapable of failing” is, of course, an Eric Ries quote. 48:30 Vanity metrics. 52:00 Actionable metrics. 57: 00 How do you rectify company mission and customer demand. There are many in this episode.

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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

Of course, it’s never quite that simple, but I really like the authors outline of the six key building blocks that have driven Amazon growth since their early days, to keep their current market value hovering around a trillion dollars. Incorporate AI-powered data and metrics systems. Jeff Bezos has kept his focus on customers.

Marketing 123