Startup Professionals Musings

DECEMBER 17, 2022

I’m talking about the kind of change that moved Apple from personal computers to music distribution to consumer electronics, and Amazon from books to e-Commerce to cloud computing services. Prices begin to decline quickly. The first customers are early adopters who are the least price-sensitive.

Startup 106

Startup Pricing Cloud Computing Customer 106

socalTECH

MARCH 17, 2011

The firm was trading around $19.60, or 50 percent above its debut price in morning trading. The firm, headed by Adam Miller, develops software-as-a-service for human resources and talent management. The firm priced last night at $13.00, well above its initial $9 to $11 estimated initial pricing range.

Cornerstone OnDemand 164

Cornerstone OnDemand ReachLocal Southern California Santa Monica 164

Berkonomics

NOVEMBER 12, 2015

Quality” products and services should not be positioned as “cheap,” or your potential customers will question your message from the start, and will be more critical of the delivered product than if offered as one or the other, but not both. It is an excellent variation on the theme – selecting from a limited menu of the use of resources.

Resource 120

Resource Sales Pricing Demand 120

Berkonomics

MARCH 14, 2019

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MARCH 20, 2020

I’m talking about the kind of change that moved Apple from personal computers to music distribution to consumer electronics, and Amazon from books to e-Commerce to cloud computing services. Prices begin to decline quickly. The first customers are early adopters who are the least price-sensitive.

Pricing 123

Pricing Cloud Computing Customer Custom 123

Startup Professionals Musings

JULY 24, 2020

Today’s customers demand to be more than satisfied with your price to be loyal. They need to remember their “total experience” as one that stands out – starting with how easy it was to find you, simplicity of the transaction, and superior service. They are your greatest resource for generating brand loyalty in your customers.

Customer 136

Customer Custom Social Media Startup 136

Startup Professionals Musings

JUNE 25, 2021

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. Look hard at the technology for feasibility and risk. Keep thieves away (protect it).

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Tech.Co

FEBRUARY 19, 2021

Selz, run by a team of around 50 in Sydney, Australia, bills itself as a one-stop-shop for small businesses to start selling products and services online. But, with Amazon's money and resources, it's likely that Selz would be able to significantly grow its offering. But Amazon faces a serious problem: Consumer demand is changing.

News 137

News Acquisition Platform Sales 137

Berkonomics

MARCH 15, 2012

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

Berkonomics

DECEMBER 13, 2018

If the market is moving quickly toward your class of product or service, you may be able to gain a piece just by being there at the right time with the right product or service. Certainly there were resources available to point the company toward the information. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

Berkonomics

DECEMBER 13, 2018

If the market is moving quickly toward your class of product or service, you may be able to gain a piece just by being there at the right time with the right product or service. Certainly there were resources available to point the company toward the information. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

Both Sides of the Table

SEPTEMBER 16, 2009

Make sure you know what the size of customer you want to serve is, what the people in a company of that size do, the problems they have, the features that will resonate and the channels you’ll need to sell into and service that customer. The problem is that to win each of these deals I had to promise high service levels.

Startup 389

Startup Customer Custom Resource 389

Startup Professionals Musings

APRIL 28, 2021

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. Gather your resources before scaling the business. Paul Allen was the technical visionary, Test the viability of your business parameters.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Both Sides of the Table

NOVEMBER 14, 2017

How profitable is my product or service? What sized team can I afford in order to sell, market & provide service to these customers? The best CEOs realize that they must transition from being individual contributors to team builders and adjudicators who settle conflicts of “resource allocations.” were more distributed.

Startup 286

Startup Technical Review Customer Custom 286

Startup Professionals Musings

NOVEMBER 4, 2019

There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.

Ideas 94

Ideas Slides Technical Review Patents 94

Both Sides of the Table

JUNE 9, 2013

As I outlined in my talk, I believe the greatest Internet companies created over the past 15 years have been “deflationary” meaning they are driving down the prices or goods & services. Declining prices & margins in a small market is much less interesting. Prices down. Network Up. But what else?

Marketing 361

Marketing Course Pricing Networking 361

socalTECH

MAY 30, 2019

I think, to be a great entrepreneur, you have to look at what is missing in the category that you will be playing in the industry, and figure what you can deploy with a little bit of strategy and technology to bring a better service and price. People were not just going to Google, they were looking all over the place.

Content 193

Content Social Network Coach Help 193

Startup Professionals Musings

FEBRUARY 2, 2019

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. Community means more than supply and demand. There is value in the “idling capacity” of all assets.

Commerce 98

Commerce Social Media Platform Class 98

Startup Professionals Musings

NOVEMBER 1, 2015

I’m talking about the kind of change that moved Apple from personal computers to music distribution to consumer electronics, and Amazon from books to e-Commerce to cloud computing services. Prices begin to decline quickly. The first customers are early adopters who are the least price-sensitive.

Startup 116

Startup Pricing Cloud Computing Customer 116

Tech.Co

FEBRUARY 8, 2019

It reportedly paid a hefty $230 million to acquire the podcast publisher and network startup Gimlet Media, and has also acquired the podcast monetization platform Anchor for an undisclosed price. Since Spotify’s subscription service needs to justify its monthly cost, podcasts are a big way to stand out.

Acquisition 124

Acquisition Media News Platform 124

Berkonomics

DECEMBER 13, 2011

If the market is moving quickly toward your class of product or service, you may be able to gain a piece just by being there at the right time with the right product or service. Either way, very few startups can afford to forge new markets or create a product that does not fit into an existing class of increasing demand. .

Class 149

Class Product Marketing Demand 149

Startup Professionals Musings

SEPTEMBER 26, 2014

I’m talking about the kind of change that moved Apple from personal computers to music distribution to consumer electronics, and Amazon from books to e-Commerce to cloud computing services. Prices begin to decline quickly. The first customers are early adopters who are the least price-sensitive.

Pricing 105

Pricing Cloud Computing Customer Custom 105

Startup Professionals Musings

MARCH 3, 2018

I’m talking about the kind of change that moved Apple from personal computers to music distribution to consumer electronics, and Amazon from books to e-Commerce to cloud computing services. Prices begin to decline quickly. The first customers are early adopters who are the least price-sensitive.

Pricing 52

Pricing Cloud Computing Customer Custom 52

Startup Professionals Musings

MAY 8, 2015

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. Community means more than supply and demand. There is value in the “idling capacity” of all assets.

Entrepreneur 111

Entrepreneur Commerce Social Media Platform 111

Both Sides of the Table

FEBRUARY 24, 2016

They have high-priced property and zero innovation. Companies have to decide how much centralization or decentralization of resources should exist in, for example, marketing: Local campaigns & budgets or centrally coordinated ones? It tested our beliefs about pricing, products and marketing overall of our service.

Startup 150

Startup Pricing Marketing Product 150

Both Sides of the Table

MARCH 25, 2016

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. Smart investors think a lot about what we call “unit economics” or what is the economics of service one customers.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

FEBRUARY 27, 2019

In essence, as a contractor, you are a consultant who is competing regularly for new work, and you constantly have to differentiate your offering from other candidates, including price. You can’t please everyone all the time, so don’t kill yourself trying to satisfy a bad boss or an overly demanding customer.

Startup 98

Startup Outsource Development Competition Social Media 98

Startup Professionals Musings

APRIL 29, 2015

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. Look hard at the technology for feasibility and risk. Keep thieves away (protect it).

Ideas 104

Ideas Mentor Resource Entrepreneur 104

socalTECH

APRIL 10, 2012

Wade Eyerly: Basically, it's a flat fee, subscription, all-you-can fly private plane service. We've hugely overbuilt infrastructure here, which we are leveraging for our service. By bringing our service to regional airports, you're much closer to home. We don't peak and valley with demand. What's the idea behind SurfAir?

Startup 240

Startup Mentor Technical Review Santa Barbara 240

Startup Professionals Musings

MARCH 22, 2014

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. Look hard at the technology for feasibility and risk. Keep thieves away (protect it).

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Startup Professionals Musings

NOVEMBER 17, 2017

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. Look hard at the technology for feasibility and risk. Keep thieves away (protect it).

Ideas 56

Ideas Mentor Resource Product 56

Startup Professionals Musings

MAY 11, 2016

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. Community means more than supply and demand. There is value in the “idling capacity” of all assets.

Marketing 52

Marketing Commerce Social Media Entrepreneur 52

SoCal CTO

JANUARY 31, 2011

As I discussed in Matching Algorithm , I end up talking to a lot of startups who want to become the eHarmony of careers, eHarmony of clothes, eHarmony of jobs, eHarmony of tutoring, eHarmony of services, eHarmony of investments, etc. A really great example of this is described by Steve Rentoid in Inventing Demand. He would put up ads.

eHarmony 204

eHarmony Marketing Startup Zag 204

SoCal CTO

JANUARY 31, 2011

As I discussed in Matching Algorithm , I end up talking to a lot of startups who want to become the eHarmony of careers, eHarmony of clothes, eHarmony of jobs, eHarmony of tutoring, eHarmony of services, eHarmony of investments, etc. A really great example of this is described by Steve Rentoid in Inventing Demand. He would put up ads.

eHarmony 196

eHarmony Marketing Startup Zag 196

Startup Professionals Musings

FEBRUARY 7, 2012

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. Measure the major pain points in time or dollars, based on feedback from intended users of your product or service. These don’t get funded.

Technology 91

Technology Funding Competition Entrepreneur 91

Startup Professionals Musings

NOVEMBER 17, 2010

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. Measure the major pain points in time or dollars, based on feedback from intended users of your product or service. These don’t get funded.

Funding 88

Funding Entrepreneur Competition Pricing 88