Remove about
article thumbnail

A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

article thumbnail

Entrepreneurism is all about personal risk.

Berkonomics

Well, of course it is. The same is true about marketing. Here’s the ultimate thing about entrepreneurism. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. The Nature of Revenue Matters Of course revenue alone won’t tell you enough. Is it one product line or multiple?

Startup 227
article thumbnail

7 Specifics Show How Startups Are All About Execution

Startup Professionals Musings

Meeting people and talking about your ideas won’t get you very far. They watch for formal follow-up to questions, demonstration of real product, and revenue results. Detailed product specifications and prototypes. Products from idea entrepreneurs often try to be everything to everyone.

Startup 155
article thumbnail

53 Questions Developers Should Ask Innovators

TechEmpower

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. It’s part of our job to ask questions about their plans, challenge their assumptions, and suggest paths to success. After all, that’s what tech innovation is all about.

Develop 520
article thumbnail

Why You Can’t Get Serious About Productivity Unless You Optimize How Your People Use Your Space

Both Sides of the Table

When a company raises capital it inevitably begins to look for office space in order to increase worker productivity and happiness. The lunch conundrum Another major productivity drain as companies scale (or as shared work spaces fill up) are lunch lines. People often ask me, “why don’t they just use cameras?”

Product 214
article thumbnail

Be Honest About Whether Your Product Really Makes a Difference

Both Sides of the Table

I have written about the deceiving nature of early successes before – in particular in the SaaS or B2B world leading to a phenomenon called “shelfware.” This is why I loved Brad Feld’s recent post about the “ illusion of product / market fit.” Are our users addicted to our product?

Product 150