Startup Professionals Musings

NOVEMBER 6, 2020

Of course, every lifestyle entrepreneur wants their business to be “successful,” but I find that the definition of success and the expectations along the way differs from that usually associated with what I call “growth startups.” If your passion is customers, you definitely will be happier as a lifestyle entrepreneur.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

Startup Professionals Musings

MAY 14, 2021

For example, I believe that Starbucks surprised most people by proving that they could take a commodity business, a coffee shop, and make it a worldwide profit winner, just by justifying premium pricing with a quality product, the right locations, personalized service, and appealing to the professional customer personas.

Pricing 145

Pricing Startup Competition Examples 145

Berkonomics

JULY 31, 2014

Marketing is a science devised to help drive customers to your door. Then there’s the compass or cardinal definitions model for marketers : N=needs, W=wants, S=security, and E=education. And finally: C=Customers, and more customers. Existing customers have low acquisition costs, addressing the “D” in the equation.

Marketing 201

Marketing Demand Pricing Customer 201

Startup Professionals Musings

JUNE 25, 2022

Assess customer demand. Do customers really need what you want to do, or might they see it as “nice to have?” Education and training roadblocks. The crash landings can be tough, and definitely won’t feel good as a long-term strategy. What resources do you have, skills and functions, and what do you do best?

Startup 115

Startup Resource Training Ideas 115

Startup Professionals Musings

APRIL 17, 2022

In fact, I would broaden the definition of partner from co-founder to “business partner.” If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

MAY 30, 2022

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. These only come with the proper training, investment in tools, and focus on customer relationships. Optimize the total customer experience. Neither is effective without the other.

Sales 147

Sales Metrics Guide Startup 147

TechCrunch LA

APRIL 21, 2021

So in its first years of existence, Welcome Tech has focused on building out a platform that provides educational resources, information and services that “they need to thrive in a new country.” Big banks rush to back Greenwood, Killer Mike’s Atlanta-based digital bank for underrepresented customers. the company says.

Platform 299

Platform Resource Services Capital 299

Startup Professionals Musings

FEBRUARY 7, 2020

Even though I’m a big proponent of becoming an entrepreneur, it is definitely not for everyone. By following the crowdfunding campaigns of others, you can learn much about what types of ideas and solutions are attractive to customers, and also understand some new ways to raise money in todays competitive world.

Sample 126

Sample Entrepreneur Ideas Startup 126

Startup Professionals Musings

APRIL 27, 2022

In the interest of helping first-time entrepreneurs, as well as existing business executives, keep their sanity as well as their focus, I offer the following pragmatic suggestions for dealing with the triple bottom line requirements: Sort out your personal definition of success first. The whole can be greater than the sum of the parts.

Startup 110

Startup Entrepreneur Capital Examples 110

TechCrunch LA

MARCH 3, 2020

The prospects of augmented and virtual reality may be uncertain, but what’s definite is the need for new tools and technologies to transfer knowledge and train up employees as skilled, experienced workers age out of the workforce — and the development of new skills becomes critically important as technology changes the workplace.

Training 220

Training Los Angeles Tool Cornerstone OnDemand 220

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The more revolutionary the solution, the more important it is to educate customers on a solution’s existence and value.

Product 95

Product Case Study Customer Custom 95

Startup Professionals Musings

FEBRUARY 4, 2019

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. Investor and customer attention spans are short, and both will write you off quickly.

.Net 73

.Net Examples Customer Custom 73

socalTECH

JANUARY 18, 2019

It turned out, that was definitely the case, and that's how the company was created. After doing the work for an internal event for them, that led to external, customer-facing launch events around the country. We started doing residential installations, and then commercial installations. What were you doing before this?

Startup 243

Startup Customer Custom Entrepreneur 243

Both Sides of the Table

NOVEMBER 4, 2012

At this time I can tell you that the Brits definitely didn’t have a culture of failure. 4:30 How did you come up with the idea of customer development? 37:45 Let’s talk about the dichotomy between customer development and Y Combinator? 50:30 Will Udacity change the education system in this country?

Startup 350

Startup Ideas Education Class 350

Startup Professionals Musings

AUGUST 12, 2019

We certainly want to hear about any positive feedback you have from potential customers on your idea, your prototype, and your business model, but that better not be the end of the story. Past leadership success is definitely a competitive advantage. Promote any inside relationships or customer base.

Competition 86

Competition Patents Startup Customer 86

Startup Professionals Musings

SEPTEMBER 18, 2019

Assess customer demand. Do customers really need what you want to do, or might they see it as “nice to have?” Education and training roadblocks. The crash landings can be tough, and definitely won’t feel good as a long-term strategy. What resources do you have, skills and functions, and what do you do best?

Startup 94

Startup Resource Training Ideas 94

Startup Professionals Musings

NOVEMBER 19, 2021

I definitely learned a few things about how to improvise effectively in business from the classic book, “ Getting to ‘Yes And’: The Art of Business Improv ,” by Bob Kulhan, who is a master of the art in both comedy and business. Make sure they have the resources and the education to get change done with you, or without you.

Startup 139

Startup Training Examples Ideas 139

Startup Professionals Musings

MARCH 21, 2022

Education: More students and different classes. Women professionals are definitely increasing their ranks. The building of new houses, communities, and infrastructure – as well as the new demand for retail that delivers – will strain trucking and shipping to its limits. Women: On the move.

Demand 103

Demand Startup Course Summary 103

InfoChachkie

APRIL 28, 2016

Under Bob’s leadership, his school was also named a Distinguished School by the California Department of Education, earning an unprecedented score of 10 out of 10. Demand Customer Centricity. Bob successfully managed his constituents by never forgetting that his ultimate “customers” were the students he was serving.

Santa Barbara 100

Santa Barbara Mentor Education Demand 100

socalTECH

FEBRUARY 7, 2012

We have about 8500 customers there, but only a small percentage have built great communities that took off, and the rest floundered. That's why we built FanMix, to solve our own problem, and help our SocialEngine customers to promote their own sites. We're definitely Los Angeles natives, but we got the opportunity to do TechStars.

Startup 242

Startup CTO Coach Blogging Social Media 242

InfoChachkie

JUNE 2, 2014

The gowns are then dry cleaned and readied for the next customer, in the spirit of the emerging sharing economy in which goods are communally used multiple times. Quality is definitely key for us.". We keep our eye on a handful of metrics, but we’re focused on customer satisfaction.

Design 208

Design Customer Custom Satisfaction 208

InfoChachkie

MAY 7, 2012

Unless an investor specifically asks you to educate them regarding your space, focus your pitch on why you and your team are uniquely qualified to exploit the opportunity and turn the idea into a lucrative, self-sustaining business. Informal Education – Consideration of a Grubstakee’s formal education was usually irrelevant.

Ideas 251

Ideas Venture Capital Education Entrepreneur 251

Startup Professionals Musings

SEPTEMBER 1, 2019

By definition, second-stage ventures generally have 10 to 99 employees and/or $750,000 to $50 million in revenue, and see that as just the beginning. These only come with the proper training, investment in tools, and focus on customer relationships. Optimize the total customer experience. Neither is effective without the other.

Startup 97

Startup Sales Metrics Guide 97

Startup Professionals Musings

JANUARY 25, 2017

Your concept has to be understood by customers and investors in 30 seconds or less, and everyone needs to immediately see how awesome it would be, or that they would be nuts not to have it. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Startup 58

Startup Education Ideas Customer 58

Startup Professionals Musings

JULY 28, 2019

In the interest of helping first-time entrepreneurs, as well as existing business executives, keep their sanity as well as their focus, I offer the following pragmatic suggestions for dealing with the triple bottom line requirements: Sort out your personal definition of success first. The whole can be greater than the sum of the parts.

Startup 93

Startup Entrepreneur Capital Examples 93

Startup Professionals Musings

JULY 15, 2019

In fact, I would broaden the definition of partner from co-founder to “business partner.” If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term.

Software Review 88

Software Review CTO Hire Outsource Development Startup 88

Both Sides of the Table

JULY 13, 2010

In billing we literally started thinking about all of the types of bills that would be generated for customers: full payment, partial payment, split payment, senior discount, student discount, level pay plan, etc. We did big, boring but necessary implementations for large companies. I started by doing billing systems.

Entrepreneur 372

Entrepreneur Startup Design Framework 372

socalTECH

JANUARY 18, 2019

It turned out, that was definitely the case, and that's how the company was created. After doing the work for an internal event for them, that led to external, customer-facing launch events around the country. We started doing residential installations, and then commercial installations. What were you doing before this?

Startup 133

Startup Customer Custom News 133

Startup Professionals Musings

FEBRUARY 20, 2013

The days are gone when a techie or a genius could build things in his garage and customers would find and buy the product, based purely on the “wow factor” of the technology. Thus customers and partners rely more and more on personal engagement with people. New technologies are everywhere today. Make it an enjoyable experience.

Entrepreneur 111

Entrepreneur Startup Content Media 111

InfoChachkie

NOVEMBER 3, 2014

These sites (so far) have managed to balance facilitating product discovery and purchase capabilities with users'' desires to entertain and educate themselves without feeling like they are in a marketplace. It is no secret that Pinterest and other social commerce sites have begun to dial in the commerce equation.

Entrepreneur 210

Entrepreneur Commerce Sites Social Network 210

Startup Professionals Musings

MAY 27, 2017

Unfortunately, often the result is potential customers who are confused, the limited resources of your business are spread too thin, and customers and investors look elsewhere for a better fit. Customers want a solution from you, not many. Your team, customers, and investors will all be confused with your lack of focus.

Entrepreneur 63

Entrepreneur Competition Customer Custom 63

Startup Professionals Musings

MARCH 1, 2015

Assess customer demand. Do customers really need what you want to do, or might they see it as “nice to have?” Education and training roadblocks. The crash landings can be tough, and definitely won’t feel good as a long-term strategy. What resources do you have, skills and functions, and what do you do best?

Startup 109

Startup Resource Training Ideas 109

InfoChachkie

APRIL 16, 2012

The Lean Startup approach dictates that successful customer development is an iterative process. Eric (Ries) was a student in one of the very earliest customer development classes at Berkley. My definition of a startup is, ‘a temporary organization designed to search for a repeatable and scalable business model.’

Startup 229

Startup Class Press Custom Development 229

socalTECH

OCTOBER 23, 2012

Specifically, we look at digital media, healthcare IT, e-commerce, education technology and financial services. We definitely do post proof-of-concept, and would prefer post-revenue companies. We don't need for you to be breakeven company, but a business with paying customers is great validation in itself.

Funding 253

Funding Startup Invest Commerce 253

Startup Professionals Musings

AUGUST 24, 2015

Even technology solutions with a large intuitive value, such as a cure for cancer, need hype for visibility, education, side-effect considerations and to avoid a scam label. Progress through these phases is unpredictable in time, often takes many years, and can only be measured by customer surveys and market penetration analyses.

Startup 97

Startup Marketing Entrepreneur Social Network 97

socalTECH

OCTOBER 25, 2012

I've really gotten an in-depth education about what women want when buying and selling online. RecycledBride was really the testing ground and gave us an education of the ins- and outs- of this market an dhow it works, and gave us extensive user testing. Fundraising, definitely. It was a crash course. We're now driving over 1.5

Startup 236

Startup Education Acquisition Funding 236

Startup Professionals Musings

SEPTEMBER 30, 2017

Assess customer demand. Do customers really need what you want to do, or might they see it as “nice to have?” Education and training roadblocks. The crash landings can be tough, and definitely won’t feel good as a long-term strategy. What resources do you have, skills and functions, and what do you do best?

Startup 57

Startup Resource Training Ideas 57