socalTECH

MAY 13, 2009

Irvine-based Kofax , which develops document capture software, announced this morning that it has launched a new product for monitoring its software. According to the firm, its new Kofax Monitor software provides real-time, enterprise monitoring and metrics. Pricing of the new software was not disclosed.

Product 100

Product Metrics Pricing Software 100

Startup Professionals Musings

SEPTEMBER 21, 2020

Finally you create and document your recipe (business plan). Have you set the right price for your entree, and correctly included all costs? Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. But don’t practice too long.

Startup 156

Startup Coach Metrics Marketing 156

Startup Professionals Musings

MAY 1, 2019

With the real data from that surge, you need to take a hard look at business model realities, cost of customer acquisition, inventory costs, and other key metrics. Control costs and adjust prices to maintain your margin. Document processes and metrics for economies of scale.

Metrics 86

Metrics Startup Training Customer 86

Startup Professionals Musings

MAY 26, 2021

For multiple party contracts, always document. For internal measurements, the metrics should always be written and clear. You can’t make up the difference by raising their salary, or dropping the price of your product. Don’t assume that no visible negatives means your trust is not questioned.

Company 165

Company Companies Metrics Entrepreneur 165

SoCal CTO

MARCH 11, 2013

If you do build the MVP and show it to them, they will ask you about your metrics. They really want metrics, not a product. The real question you should be asking is "When I've built this product and show you the following metrics, would you invest?"

Metrics 264

Metrics Venture Capital News Product 264

Berkonomics

DECEMBER 6, 2012

When an employee is subsequently dismissed for any reason, the documentation of past performance and reviews, including any past notification of weaknesses or warnings, becomes an important shield to protect the company against a subsequent lawsuit or challenge from a state employee review process.

Metrics 153

Metrics Email Pricing Tool 153

Startup Professionals Musings

MAY 24, 2015

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development 99

Outsource Development Startup Competition Ideas 99

Startup Professionals Musings

JANUARY 26, 2018

I learned this the hard way a few years ago in a startup where customers loved our idea and the free prototype, but we couldn’t sell one for the full price needed to meet our financial projections. We simply hadn’t tested the price sensitivity in the market segment and geography that needed the features we offered.

Customer 59

Customer Custom Pricing Startup 59

Startup Professionals Musings

OCTOBER 8, 2018

For example, I still find businesses asking you to print, sign, and return documents by mail in lieu of digital signatures or email. You need to communicate quantified and updates goals quarterly, including the metrics to assess progress and success. In my mind, these are killing their businesses. Once gone, customers won’t be back.

Technical Review 84

Technical Review Customer Custom Startup 84

Startup Professionals Musings

DECEMBER 8, 2018

Finally you create and document your recipe (business plan). Have you set the right price for your entrée, and correctly included all costs? Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. But don’t practice too long.

Startup 81

Startup Coach Metrics Marketing 81

Startup Professionals Musings

MAY 28, 2016

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Ideas 62

Ideas Outsource Development Startup Competition 62

Startup Professionals Musings

NOVEMBER 4, 2019

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. This is the point where you must manage to metrics, work on the culture of the organization, and look for partner-based growth.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

NOVEMBER 4, 2016

Finally you create and document your recipe (business plan). Have you set the right price for your entrée, and correctly included all costs? Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. But don’t practice too long.

Entrepreneur 93

Entrepreneur Startup Coach Metrics 93

Startup Professionals Musings

AUGUST 13, 2012

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Financial forecast and metrics. Marketing, sales, and partners.

Competition 113

Competition Metrics Startup Invest 113

Startup Professionals Musings

AUGUST 19, 2016

As the business grows, it pays to learn how to use automated financial tools, and review the key financial metrics daily. Prices need to be reviewed to cover total costs and margin. Continue to operate without documented and repeatable processes. Watch for margin erosion as real operating growth costs kick in.

Startup 57

Startup Training Entrepreneur Customer 57

Startup Professionals Musings

MAY 13, 2011

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Financial forecast and metrics. Marketing, sales, and partners.

Competition 116

Competition Metrics Startup Sales 116

Startup Professionals Musings

APRIL 22, 2010

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Financial forecast and metrics. Marketing, sales, and partners.

Invest 74

Invest Tips Competition Metrics 74

Tech Zulu Event

MARCH 16, 2015

Be careful how you price this. Y-Combinator’s SAFE (Simple Agreement For Equity) is a quick way to generate deal documentation, with very little downside for founders from Shayne’s perspective. Examples of milestones: traction as measured by user numbers and user engagement; financial metrics such as cash flow and revenue.

Startup 40

Startup Venture Capital Equity Funding 40

SoCal CTO

FEBRUARY 13, 2013

Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. The real reason to build an MVP is to do early tests of key Startup Metrics for the business. " Once you have the metrics defined, it focuses your effort. To prove/disprove a hypothesis.

Technical Review 338

Technical Review CTO Hire CTO Coach Software Review 338

Startup Professionals Musings

JANUARY 6, 2021

It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. In most companies, maintaining momentum requires the right strategic partners and acquisitions, in lieu of short-term price adjustments and special sales.

Technical Review 160

Technical Review Technical Advisors Startup Mentor 160