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10 Course Corrections Every Startup Should Memorize

Startup Professionals Musings

The vision part is fine, but successful entrepreneurs have found that the extreme uncertainty of a new product or service usually requires many course corrections, or “pivots” to find a successful formula. I agree with Eric’s summary of the top ten types of pivots to consider: Zoom-in pivot. Channel pivot.

Course 109
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3 Sales Tips for Startups – Creating a Burning Platform

Both Sides of the Table

Most start-up entrepreneurs have little or no sales experience. But through nearly a decade of startups I learned that sales comes down to three essential elements: 1. The real test of sales and the topic of my post is “why buy now.” It’s what kills most sales cycles including raising venture capital. I know I didn’t.

Sales 319
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Another personal story: Timing is everything in a sale.

Berkonomics

The company of eight was engaged in web design, which, early in the growth of middle-sized business on the web, was hot at the time. And yes, his partner had a valid suit, having been locked out of the web-design business and denied access to decisions and accounting information. Of course, we took all of these.

Sales 120
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How Digsy Is Using Data, And Deals, To Drive Real Estate Sales

socalTECH

We spoke with Andrew about how the company pivoted from its original model after finding a huge amount of traction for its sales software and data, and its ability to guide brokers on the best practices for them to close more deals, which it is now offering as software-as-a-service. What is Digsy?

Sales 145
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A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. So, the company turned the ship, slowly it seemed, as R&D worked to develop an appropriate product using the base of the original design. The art of good management.

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Announcing Projector?—?A Startup I’ve Been Excited to Tell You About for Years

Both Sides of the Table

We were of course there to work with incarcerated men on developing entrepreneurial skills on behalf of Defy Ventures. It is how sales reps talk to prospects about their products & services to try and gain buy-in for a sale. Yes, I always imagined announcing the company that way.

Startup 191
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7 Specifics Show How Startups Are All About Execution

Startup Professionals Musings

Managing marketing metrics and the sales pipeline. Follow-up is required for every sales lead, a pipeline built, and a sales process documented, with training for new reps. Lack of follow-up after a sale can cost you more customers than poor service or poor quality. Maintaining professional relationships.

Startup 155