Remove category strategic-planning
article thumbnail

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.

Custom 164
article thumbnail

7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Most begin by doing the product development, marketing and sales alone, but struggle making the transition to hiring and coaching others, defining repeatable processes and focusing on future strategy. Now you have real customers who can quickly turn off hundreds of potential customers if you ignore their feedback.

article thumbnail

In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ). There seem to be a lot of market entrants in every category where it becomes hard to differentiate them all from each other. Many “me, too&# companies will perish.