Startup Professionals Musings

JUNE 26, 2020

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model.

Product 169

Product Summary Startup Examples 169

socalTECH

MARCH 27, 2014

Woodland Hills-based online local online marketing provider ReachLocal is bragging today that it has signed up 1,000 clients for its new ReachEdge marketing automation product. The product had been launched in September of 2013. reachlocal marketing automation customers leads software' READ MORE>>.

ReachLocal 153

ReachLocal Woodland Hills Custom Customer 153

socalTECH

FEBRUARY 1, 2013

Amazon Studios , the media and production arm of Amazon.com, said Thursday that it has greenlighted five children's shows as part of its Amazon Prime studio efforts. Amazon.com has been ramping up efforts in Southern California through Amazon Studios, to attract new content for its video streaming service.

Southern California 166

Southern California Content Media Services 166

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. First: Product risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

socalTECH

MAY 28, 2013

To bring that ability to name your own price on products, Los Angeles-based Greentoe (www.greentoe.com) recently launched, allowing consumers to name their own price to retailers of everything from electronics to baby products. Joe Marrapodi: GreenToe is a name your own price marketplace for products. What is Greentoe?

Pricing 273

Pricing Product Help Sales 273

Berkonomics

JUNE 18, 2015

There are five basic kinds of internal risks than a business faces over time. Will the marketplace accept your product? Is there a market for your class of product at all? Email readers, continue here…] Second is product risk. That discussion is for a future time. Here are risks you can address.

Competition 120

Competition Marketing Class Product 120

InfoChachkie

MARCH 1, 2012

Article first published as Five Business Tips From The Beatles on Technorati. They differentiated their product with subtle, unconventional techniques, such as the use of the B7 chord in I Want To Hold Your Hand. In essence, the Beatles offered a product with a higher value proposition as compared to many of their counterparts.

Tips 259

Tips Startup Entrepreneur Product 259

TechCrunch LA

MARCH 24, 2020

Polestar has started production of its all-electric Polestar 2 vehicle at a plant in China amid the COVID-19 pandemic that has upended the automotive industry and triggered a wave of factory closures throughout the world. Most automakers have suspended production in Europe and North America.

Product 103

Product Google Startup Los Angeles 103

InfoChachkie

FEBRUARY 20, 2012

However, his first-hand knowledge of how software is created, tested and commercialized facilitated his execution of Microsoft’s initial strategy, in which it leveraged its operating system to create a suite of business productivity solutions. I am not suggesting you spurn product excellence. Frugal Is As Frugal Does. "Instead

Tips 275

Tips Startup IP Santa Barbara 275

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Startup 87

Startup Technical Review Equity Incubator 87

Startup Professionals Musings

JANUARY 2, 2015

For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. That’s productivity. That is a huge hit on productivity. Practice productivity planning with your key team members. Why is this so hard? Rule your technology, don’t let it rule you.

Product 111

Product Entrepreneur Framework Social Media 111

Startup Professionals Musings

OCTOBER 25, 2019

I’m more convinced that technology merely enables disruption, and changing customer interests and needs really causes it. Other companies keep the focus on their customers, and seem to thrive on disruption, much less survive. They make it their top business priority to understand, anticipate, and gratify customers’ needs.

Custom 54

Custom Customer Technical Review Design 54

Berkonomics

DECEMBER 29, 2022

Authors Jeanne Liedtka and Tim Oglivie have created a framework for creation of a new product or service – one worth spending at least a cycle of time for review. What if we could do it better, do it in a new way, do it to attract new customers, do it to distance ourselves form the competition? What wows? What works?

Design 156

Design Framework Ideas Custom 156

Startup Professionals Musings

JULY 14, 2023

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Bargaining power of customers.

Competition 88

Competition Startup Framework Pricing 88

InfoChachkie

APRIL 29, 2013

You operate your business from a small boat in the remote waters of northern Fiji and your customers are spread across the globe, residing in the US, Europe and Asia. How can you protect your company''s reputation when a rouge customer unjustly flames your startup? Bipolar Reviewers. This pattern holds true for Tui Tai Expeditions.

Social Media 213

Social Media Custom Customer Media 213

Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Startup 150

Startup Technical Review Custom Customer 150

Berkonomics

DECEMBER 8, 2016

” Recently visited one Fortune 500 company, for example, because our producer on a previous product was very happy with us and wanted her bosses to consider using our team. Most of the time in meetings, potential customers come away with the impression that I really understand their requirements. That’s a big win.

Offshore 120

Offshore Examples Software Email 120

Startup Professionals Musings

SEPTEMBER 18, 2022

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. He or she will assume your comment means there is no market for your product or service, or you haven’t looked. Neither speaks well for you or your startup.

Competition 133

Competition Patents Resource Invest 133

Tech Zulu Event

AUGUST 14, 2013

It allows your products to be available to the international fashion market and an online launch can be done for much less money than opening a traditional brick and mortar store. Here are five things to consider before launching your fashion brand online. Here are five things to consider before launching your fashion brand online.

Commerce 93

Commerce Social Media Design Startup 93

Startup Professionals Musings

JUNE 21, 2019

I like their summary of five key components of innovation capital that we should strive to maximize: Human capital: forward thinking, problem solving, persuasion. They nurture connections to other innovators and entrepreneurs, financial benefactors, organizational leaders, and potential customers. The cycle repeats.

Product 93

Product Ideas Resource Capital 93

Berkonomics

DECEMBER 26, 2013

” Just visited Disney this week, for example, because our producer on a previous product was very happy with us and wanted her bosses to consider using our team. Most of the time in meetings, potential customers come away with the impression that I really understand their requirements. That’s a big win.

Offshore 189

Offshore Examples Southern California Email 189

Startup Professionals Musings

APRIL 23, 2017

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Custom 76

Custom Customer Entrepreneur Technical Review 76

Startup Professionals Musings

JULY 24, 2020

According to studies , the alternative of acquiring new customers still costs you five to seven times more than retaining existing ones. But customers today are fickle, instantly aware of every new alternative, due to the Internet and social media, and not afraid to change. Appeal to all your customer senses all of the time.

Custom 136

Custom Customer Social Media Startup 136

Startup Professionals Musings

MAY 29, 2023

In my experience in large businesses as well as years of advising startups, I see far too much focus on product skills, and too little on people and process skills. Diagnosing and understanding the customer problem. When dealing with customers or partners, only win-win deals make sense. Negotiating and creating win-win deals.

Startup 154

Startup Sales Entrepreneur Custom 154

Startup Professionals Musings

FEBRUARY 8, 2015

Many startups and mature businesses have not yet accepted the fact that customer satisfaction and loyalty in this “always connected” age are about more than product and service quality. They are all about how customers broadcast their pleasure or unhappiness to others. Customer upsell: Sell more to existing customers.

Custom 100

Custom Customer Satisfaction Social Media 100

Startup Professionals Musings

OCTOBER 24, 2020

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Bargaining power of customers.

Competition 151

Competition Startup Framework Pricing 151

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Technical Review 143

Technical Review Custom Customer Entrepreneur 143

Berkonomics

JUNE 25, 2020

But businesses that expose their story to tens of millions of potential customers through the Internet need additional tools. CHURN (% customer cancelling each month). This is calculated by dividing the number of cancellations by the total number of customers before cancellations and multiplying by 100. The lower, the better.

Acquisition 156

Acquisition Statistics Sales Custom 156

Tech.Co

FEBRUARY 23, 2022

Do you run a small business that ships products locally? We’ve listened carefully to our business customers to develop this program,” said Jakki Krage Strako, chief commerce and business solutions officer, in a press release. for a package under five pounds, and steadily rise based on weight. You're in luck.

Services 155

Services Press Commerce Class 155

Berkonomics

AUGUST 2, 2018

The five major niches. There are five major classes or niches a company should examine and make its own in calculating positioning in the marketplace. Assume that you are not an Internet retailer with many competing products to sell. Apple charges a premium for innovative products, with quality second and service third.

Pricing 226

Pricing Competition Examples Class 226

socalTECH

SEPTEMBER 10, 2015

As part of the announcement, Ampsy said that its product has been being used by musical artist Darius Rucker , who has been using Ampsy's product with Hootsuite during his performances. The reasoning behind the rebranding was not given. READ MORE>>.

Custom 100

Custom Customer Los Angeles Tool 100

Startup Professionals Musings

OCTOBER 11, 2013

Many startups and mature businesses have not yet adapted to the fact that customer satisfaction in this “always connected” age is more than product and service quality. It’s more about which customers broadcast their pleasure or unhappiness to others. Customer upsell, selling more to existing customers.

Custom 97

Custom Customer Satisfaction Social Media 97

Startup Professionals Musings

JUNE 17, 2023

You need partners, team members, investors, vendors, and customers. Tommy Spaulding, in his classic book, “ It’s Not Just Who You Know ,” categorizes relationships into five levels, like floors of a building, and identifies the attributes of relationships at the different levels. Marty Zwilling

Startup 127

Startup Guide Networking Help 127

Startup Professionals Musings

MAY 25, 2014

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. They want a personable brand, before they will consider the product. Thus customers and partners rely more and more on personal engagement with people.

Custom 99

Custom Customer Startup Content 99

Startup Professionals Musings

JULY 17, 2021

For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. That’s productivity. That is a huge hit on productivity. Practice productivity planning with your key team members. Why is this so hard? Rule your technology, don’t let it rule you.

Framework 153

Framework Product Entrepreneur Social Media 153

Startup Professionals Musings

FEBRUARY 11, 2023

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. This is the confirmation that your product or service fills a real need in the marketplace. Similarly, it will be very satisfying to see the productivity increases from your leadership and mentoring.

Startup 118

Startup Satisfaction Custom Customer 118

Startup Professionals Musings

SEPTEMBER 8, 2010

Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and competition. Porter proposed a Five Forces framework for analyzing the competitive environment which I think still makes a lot of sense today. Bargaining power of customers. Either way you lose.

Startup 86

Startup Competition Pricing Framework 86