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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
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The shocking truth about employee loyalty

Berkonomics

A recent statistic I saw surprised me. Email readers, continue here…] The answer coming from the best of breed in corporate personnel management is to form a trusted bond with each employee, helping that person to manage their career within and even preparing to follow our company experience. What happened to a job for life?

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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
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The last money has the first say.

Berkonomics

Something like a marriage (and often lasting just as long statistically), your investment partner can be a great cheerleader, coach and resource. Email readers, continue here.] This important variation on “money talks” is an important consideration for entrepreneurs when seeking an investment from professionals such as VC’s.

Coach 174
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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
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Are you the bottleneck in your organization?

Berkonomics

The book was written to describe in simple terms the use of statistical analysis to remove bottlenecks in a manufacturing environment. Email readers, continue here…] Every resource behind the bottleneck is slowed from its most efficient pace until the resource ahead of it works its way through the constraint.

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Sign short term leases early on. Move more often as you grow.

Berkonomics

Avoid long-term commitments. It is statistically true that at least half of the young companies funded by angel or venture investors will not survive three years from funding to demise. Email readers continue here.] Those benefits pale in comparison to the high cost in retaining or buying out a longer term lease.