Startup Professionals Musings

AUGUST 23, 2023

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. I was impressed with the analysis and recommendation offered in a recent book, “ Trust the Plan: Demand Management For Business Leaders, ” by Greg Spira.

Metrics 81

Metrics Demand Statistics Sample 81

Startup Professionals Musings

FEBRUARY 12, 2022

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Startup 116

Startup Training Statistics Summary 116

Startup Professionals Musings

MARCH 6, 2020

The result is that you often take a big financial hit, and lose key customers, before you realize that the change didn’t work. For example, several years ago Apple was so convinced that their new Apple III model would be a winner that they rolled it out broadly, rather than do a controlled release first with some key customers.

Sample 124

Sample Customer Custom Tool 124

Startup Professionals Musings

JANUARY 24, 2020

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Just getting an app accepted into the Store won’t get it found and downloaded by your targeted customers.

Mobile 127

Mobile Develop Development Platform 127

Startup Professionals Musings

JANUARY 11, 2014

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Entrepreneur 110

Entrepreneur Startup Training Statistics 110

Startup Professionals Musings

MAY 25, 2020

The resulting entity will gain complementary skills, economies of scale, new customer sets, and hopefully a larger growth opportunity. According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs.

Startup 150

Startup Technical Review Equity Statistics 150

Startup Professionals Musings

JANUARY 11, 2023

Shocking statistics, like unexpected losses last quarter, can generate a knee-jerk cost cutting decision, when further analysis and creative thinking might better close the gap with new revenue sources. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Failure to learn.

Marketing 119

Marketing Metrics Demand Statistics 119

Startup Professionals Musings

DECEMBER 22, 2014

Shocking statistics, like unexpected losses last quarter, can generate a knee-jerk cost cutting decision, when further analysis and creative thinking might better close the gap with new revenue sources. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Failure to learn.

Entrepreneur 113

Entrepreneur Metrics Demand Statistics 113

Startup Professionals Musings

SEPTEMBER 14, 2011

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t succeed.

Startup 94

Startup Marketing Training Statistics 94

Startup Professionals Musings

OCTOBER 16, 2023

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Calculate investment amounts and timing.

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

JULY 27, 2013

Shocking statistics, like unexpected losses last quarter, can generate a knee-jerk cost cutting decision, when further analysis and creative thinking might better close the gap with new revenue sources. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Failure to learn.

Metrics 110

Metrics Entrepreneur Demand Statistics 110

Startup Professionals Musings

MAY 12, 2019

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Startup 94

Startup Training Statistics Summary 94

Startup Professionals Musings

OCTOBER 9, 2015

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Just getting an app accepted into the Store won’t get it found and downloaded by your targeted customers.

Startup 98

Startup Platform Pricing Netflix 98

Startup Professionals Musings

NOVEMBER 29, 2012

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Startup 93

Startup Training Statistics Summary 93

Startup Professionals Musings

JANUARY 13, 2012

This total rate for 2011 has been estimated at 7 trillion, or nearly 225,000 text messages sent every second, according to the Quora statistics website. An example would be sitting down to meet with a key vendor, rather than standing to deliver demands. But are these text messages an efficient and appropriate business tool?

Layoffs 100

Layoffs Statistics Email Tool 100

Startup Professionals Musings

MAY 8, 2022

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You can’t have it all, just like your startup can’t be all things to all customers.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

OCTOBER 26, 2010

In case you think that all of these are employed by big companies, listen to these statistics: According to an article in U.S. Customer Service. Who better to run your customer service than an experienced professional with a little gray hair, who is firm but calm, soft-spoken, and credible around your customers?

Mentor 75

Mentor Statistics High Tech Demand 75

Startup Professionals Musings

JANUARY 4, 2015

External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping. Check competitor numbers and industry average statistics to get you in the right range. That’s no fun for you, your investors or your customers. Calculate investment amounts and timing.

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

socalTECH

MAY 30, 2019

Now we have a thousand large companies into it, and if you name a big company, they're a customers of ours, from Starbucks to NASA. The minute a customer hired us to deal with their transitioning employees, the first thing we could do is sayhey, it's not all bad, there are over 150 companies looking for someone just like you in your area.

Content 193

Content Social Network Coach Help 193

Startup Professionals Musings

AUGUST 6, 2010

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t succeed.

Startup 78

Startup Training Statistics Summary 78

Startup Professionals Musings

MARCH 3, 2013

Yet the use of SMS text messaging for all purposes, including business, has grown consistently worldwide since it was introduced 20 years ago, to an estimated 7 trillion/year, according to the Quora statistics website. An example would be sitting down to meet with a key vendor, rather than standing to deliver demands.

Layoffs 93

Layoffs Email Statistics Tool 93

Startup Professionals Musings

SEPTEMBER 12, 2014

The resulting entity will gain complementary skills, economies of scale, new customer sets, and hopefully a larger growth opportunity. According to recent National Venture Capital Association statistics , only 20% of venture-backed startups now use this alternative, due to high liability concerns, demanding shareholders, and high costs.

Entrepreneur 115

Entrepreneur Startup Technical Review Equity 115

Tech Zulu Event

JANUARY 29, 2014

Using transactional business data like simple website traffic, sales metrics, social interactions, ad conversions, and employee performance statistics, Freshplum helps firms forecast demand, optimize the timing of supply shipments, and cut prizes among others resulting into revenue growth. Know your customer’s preferences.

Sales 77

Sales Statistics IBM IBM 77

Startup Professionals Musings

FEBRUARY 25, 2023

The resulting entity will gain complementary skills, economies of scale, new customer sets, and hopefully a larger growth opportunity. According to National Venture Capital Association statistics , only 16% of venture-backed startups recently used this alternative, due to high liability concerns, demanding shareholders, and high costs.

Technical Review 105

Technical Review Equity Invest Startup 105

Startup Professionals Musings

DECEMBER 14, 2014

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You can’t have it all, just like your startup can’t be all things to all customers.

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107

Startup Professionals Musings

JULY 19, 2013

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You can’t have it all, just like your startup can’t be all things to all customers.

Startup 98

Startup Entrepreneur Statistics Equity 98

Startup Professionals Musings

AUGUST 10, 2019

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You can’t have it all, just like your startup can’t be all things to all customers.

Startup 97

Startup USC Entrepreneur Statistics 97

Startup Professionals Musings

FEBRUARY 25, 2019

Another approach is simply repurposing used items, or simply passing them down to less demanding users, like the ecoATM story with used cell phones, tablets and MP3 players. Today, statistics find that big trucks are sitting idle or deadheading empty as much as 50 percent of the time. Reduce waste from new production automation.

Artificial Inteligence 79

Artificial Inteligence Resource Examples Startup 79

Startup Professionals Musings

MAY 7, 2017

How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback? Imbue customer change focus. Provide direct customer contact to everyone, as well as training. If your people and your startup do not change, statistics say you won’t survive.

Startup 56

Startup Training Statistics Summary 56

Startup Professionals Musings

FEBRUARY 24, 2017

Yet, according to statistics from the Small Business Association (SBA), over half of new businesses offer something else - personal professional services, including consulting, business coaching, and advisory services. Announcing that you are a consultant, and hoping demand will set your focus, is not a good strategy.

Social Media 56

Social Media Pricing Technical Review Demand 56

Startup Professionals Musings

JANUARY 31, 2016

Shocking statistics, like unexpected losses last quarter, can generate a knee-jerk cost cutting decision, when further analysis and creative thinking might better close the gap with new revenue sources. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Failure to learn.

Metrics 60

Metrics Demand Statistics Sales 60

Startup Professionals Musings

JUNE 3, 2016

According to recent statistics from the International Business Innovation Association ( InBIA ), there are about 7,000 business incubators and accelerators worldwide, with over 90 percent being non-profit and focused on incubator programs for community economic development. No surprises in this advice.

Incubator 58

Incubator Startup Seed Funding Equity 58

Startup Professionals Musings

APRIL 27, 2016

The resulting entity will gain complementary skills, economies of scale, new customer sets, and hopefully a larger growth opportunity. According to recent National Venture Capital Association statistics , only 16% of venture-backed startups now use this alternative, due to high liability concerns, demanding shareholders, and high costs.

Equity 55

Equity Startup Technical Review Statistics 55

Startup Professionals Musings

AUGUST 19, 2017

That’s not an attractive statistic if you crave control and power. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. You can’t have it all, just like your startup can’t be all things to all customers.

Entrepreneur 57

Entrepreneur USC Statistics Equity 57

Tech.Co

JANUARY 9, 2018

Bureau of Labor Statistics (BLS) , where are these women to fill these positions? Using an innovative method and blend of data science, machine learning, algorithms and cloud computing, they help companies meet new privacy compliance demands. With computer science jobs predicted to increase by 22 percent by 2020 according to the U.S.

Artificial Inteligence 70

Artificial Inteligence Startup Product Cloud Computing 70

Startup Professionals Musings

OCTOBER 18, 2013

Yet you can never forget the seasonal business cash flow and activity demands that are approaching, so to be prepared – you need to start the planning now. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater. Margin is everything.

Startup 86

Startup Tips Venture Capital Demand 86

TechCrunch LA

DECEMBER 31, 2022

But looking at the scattered statistics of how scooters are used in Paris, it’s possible that scooters aren’t providing the value that cities need – namely, limiting car usage. “This had led to an imbalance of vehicle supply to rider demand as operators over-saturate the market.” So what if there are accidents?

Los Angeles 258

Los Angeles San Pedro Santa Monica Study 258