Remove Email Remove Sales Remove Statistics
article thumbnail

Jeff Bezos asked a question that blew me away!

Berkonomics

Email readers, continue here…] We worry over projections and fix our budgets to match, and then we manage to the revenue and costs of the budget. But what if we separate ourselves from that mindset long enough to search for and find sparks of success sometimes buried within our sales statistics.

Resource 296
article thumbnail

Measuring your power in the Internet marketplace.

Berkonomics

A simple statistic which can be derived from a good general ledger using GAAP accounting procedures. This is simply the sum of the month’s direct costs for sales and marketing divided by the number of new customers acquired, yielding a dollar cost per average new customer. CMRR (Contracted Monthly recurring Revenue).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Think of your exit as you commit your resources along the way.

Berkonomics

Know first that statistically, 80% of all acquisitions do not meet the intended objectives of the acquirer, making most all acquisitions risky.

Resource 184
article thumbnail

Have you heard the rule of the thirds?

Berkonomics

Nearly none, if statistics and experience are key to the answer. Email readers, continue here…] Often, if not co-founders, this group is rewarded through issuance of stock options from a pool of available options that usually totals 15-20% of the total company’s equity divided among all employees. The sum of three parts.

Startup 240
article thumbnail

Only those in the fight can win.

Berkonomics

Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise. Email readers, continue here.] So ask yourself: Are you ready to enter the fight?

Resource 184
article thumbnail

From Startup Newsletter To Best Selling Book: How This Entrepreneur Pulled It Off

InfoChachkie

You can watch/listen to how John and Kyle turned their email newsletter into an international bestseller in the following 9-minute excerpt from John''s recent talk at UC Santa Barbara. an email) to about 35 people. If you want to be kept informed just send me an email and let me know that you''re in, and that was it.

article thumbnail

How to measure your power in the Internet marketplace.

Berkonomics

A simple statistic which can be derived from a good general ledger using GAAP accounting procedures. Email readers, continue here… ] LPC (Lifetime Profit per Customer). The lower the number, the more efficient the marketing and sales campaign, and the more efficient the use of financial capital in customer acquisition.