Entrepreneurial Metrics-Measurements for Success

SoCal Tech Calendar

Tuesday, October 23, 2018 -- Entrepreneurial Metrics-Measurements for Success. Investors agree that the single most important factor for a company's success is the entrepreneur. Join Pasadena Angels Chairman, Chris Wadden, at this special evening where he will talk about various methodologies that investors use to evaluate entrepreneurs.

Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy.

How Startups Can Use Metrics to Drive Success

Both Sides of the Table

Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. And the more public you can make your goals for these key metrics the better. Revenue Metrics. No metrics = high level, more generalized advice.

Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur.

Can a “good-hearted” entrepreneur succeed in business?

Berkonomics

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur.

Los Angeles investors and entrepreneurs launch PledgeLA, a diversity and inclusion program

TechCrunch LA

How to Profit: “Thank You Metrics” – Community First, Money Second

Tech Zulu Event

Being that the theme of the night was community, it was perfect that the event was held at CoLoft , a workspace in Santa Monica that focuses on start up entrepreneurs. Noah has what I believe he called “Thank You metrics”. I am a raving fan of AppSumo.com.

What Entrepreneurs Can Learn From The Grateful Dead

InfoChachkie

Entrepreneurs often must take counter-intuitive, contrarian positions in order to succeed. As noted in Entrepreneurship Is A Compulsion , entrepreneurs often view the world from a slightly different vantage point, rejecting the oxymoronic term Conventional Wisdom. .

Caltech Entrepreneurs Forum - The Future of Startups

SoCal Tech Calendar

Saturday, April 22, 2017 -- Caltech Entrepreneurs Forum - The Future of Startups. Startups in 2027 and Beyond: Opportunities and Challenges for Entrepreneurs in the Next Decade. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups. The event will begin with a Keynote Presentation from Preston McAfee, Chief Economist and CVP of Microsoft.

Caltech Entrepreneurs Forum - The Future of Startups

SoCal Tech Calendar

Saturday, April 22, 2017 -- Caltech Entrepreneurs Forum - The Future of Startups. He will examine the future of Entrepreneurship in new markets, new organizations, new business metrics and entirely new classes of jobs within future Startups. Dr McAfee and a panel of speakers will share their views on these opportunities and the challenges entrepreneurs will face with future Startups. What is the future of Entrepreneurship?

Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. Metrics related to customer acquisition, lifetime value and churn.

Product Manager Entrepreneur Mark Geller

SoCal CTO

He has a really interesting background as a product manager and now an entrepreneur. Founder Institute is the brain child of Adeo Ressi , a super passionate and successful serial entrepreneur based in Silicon Valley, probably best known for founding TheFunded.com.

The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world.

How Gigmor Is Looking To Connect Musicians With Gigs, with David Baird

socalTECH

chuckles) I've been in a large organization like AOL, with really large groups of engineers, and I think the biggest lesson I've learned, as with many entrepreneurs with an idea, you tend to try to use contractors and offshore services. metrics analytics marketplace market baird david gigmor

How Rolebot Wants To Eliminate The Resume, With Shane Bernstein

socalTECH

Shane Bernstein: We look at actionable data points and data metrics which are quantifiable across the web, and we qualify them and normalize that data, and sort them based on what they've done. rolebot interview entrepreneur recruiting jobs employment shane bernsteinAnyone who hires anyone, or has ever looked for a jobs knows how important a resume is.

Sites 193

Interview with David Loo, CEO and Founder of Perspectium

socalTECH

David Loo: Ultimately, at the C-level, the CIO requires data metrics and intelligence, in order to compete and make decisions and take actions to further a company's agenda. The CFO requires financial acumen driven from metrics, which can be had from sales and operational information, however, they're often locked into these silo'ed application stacks. What's your biggest lesson you've learned as an entrepreneur? david perspectium entrepreneur interview startup software saa

CIO 109

Ten Startup Tips From Amazon Founder, Jeff Bezos

InfoChachkie

As discussed in Hiring Entrepreneurs, the impact of each new hire during your startup’s early days is tremendous. But we do it anyway, because we believe that the short-term metrics probably aren’t indicative of the long term.”. Corporate Culture Entrepreneur The Fringe

Tips 285

Your Customer Success Team Is Focusing On The Wrong Definition Of Success

InfoChachkie

The Most Important Metric. We had a spirited discussion regarding a number of issues related to blowing past $10M in annual recurring SaaS revenue, in front of a sold-out crowd of about 400 entrepreneurs. However, these metrics measure your company’s success, not that of your customers.

Custom 144

Accurate assumptions lead to defendable plans

Berkonomics

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. The biggest error in planning may not be spreadsheet calculation error. Or cost estimation.

Joey Flores On Earbits' Life, Death, and Resurrection

socalTECH

We had some investors very interested but wanted us to validate some metrics, so we spent time building things to prove those metrics. joey flores earbits you42 music streaming mobile artists stream interview entrepreneur

Andrew Peterson of Signal Sciences On A New Funding, Growth, And Startup Scaling

socalTECH

We caught back up with Andrew to hear about the company, its expansion plans, and what hes learned as a startup entrepreneur. If you talk to any growth investor looking for later stage companies, theyre very excited to see that we have very health metrics when it comes to sustainable growth patterns. signal sciences application firewall enterprise cybersecurity security andrew peterson interview startup entrepreneur

Stem: Simplifying Payments For Creatives, With Milana Rabkin

socalTECH

I come from the agency business, where we're all about making deals, and the metrics that matter are revenue. However, in starting a company, there are so many other qualitative metrics that matter. In particular, the entertainment industry is not as metrics focused as a startup. milana rabkin stem creative content accounting revenue sharing youtube music musician interview startup entrepreneur

Want to Get Rich? Listen to Your Customers Like These Founders……

Steve Reich

MBO is very metrics driven, and their shareholder reports are dense with detailed, disciplined reporting that remind you that Rick is former Naval officer. Entrepreneurs Sales entrepreneurs Golf Apps MindBody Online SaaS startups Swing by Swing GolfThis is not an article about the high moral purpose and the nobility of listening to your customers. It is an article about how to make your company worth a fortune by listening to your customers.

Work on your three levels of leadership

Berkonomics

The best leaders find metrics to measure progress in achievement of these tactics, then don’t interfere with the execution of these tactics unless negative metrics signal a reason to do so. Another leadership development bit?

It’s mostly in the execution.

Berkonomics

Investors have to look behind the plan and at the entrepreneur and his or her team, knowing that, over time, most of us have come to the conclusion that it is the execution of the ever-changing plan, not the plan itself that makes a company a success.

The LALA School of marketing

Berkonomics

How should you become the best marketer you can be, even if you are a first time entrepreneur or a seasoned CEO? Create metrics for customer acquisition, retention, conversion, reach, or anything that helps you to better understand the effects of your changes to the program.

Should Your Startup Give Performance-Based Warrants?

Both Sides of the Table

As startup entrepreneurs we all want to work with them because having their name as reference clients makes it so much easier for marketing, PR, selling to other customers, fund raising and even recruiting. Subjective warrants – I also see warrants given out without hard metrics.

Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises. A quick “No” is far more valuable to a busy entrepreneur than a nebulous NPS response of “maybe.”

.Net 232

Know When To Declare Defeat And Toss Out A Bad Idea – Do Not Be Afraid To Say, “That Baby Be Ugly!”

InfoChachkie

The ability to objectively critique ones creative output is vital to an entrepreneur. Gordy’s inspiration for Motown’s unique quality control process was the Lincoln-Mercury assembly line, where he worked prior to becoming an entertainment entrepreneur.

Ideas 198

After 20 years: Updating the Berkus Method of valuation

Berkonomics

So how do you use financial projections as valuation metrics when you know the odds of those being accurate predictors of the future are so very unreliable? Well, it had to happen.

Counting Angels

Steve Reich

They know all the details and all the metrics because they are industry experts. Uncategorized angel investing entrepreneur funding Malauzai startupsHow many Angels do you want in your cap table?

Angel 56

Interview with Julie Novack, PartySlate

socalTECH

The last thing, is you really need to understand what your business metrics are, and make sure you are looking at the most important metrics. Don't be enamored with vanity metrics like for us, growth of photos. You have to have your focus on the business metrics, which are not just important to you, but important to your Series A funders. partyslate julie novak entrepreneur party planning market marketplace houzz startup

Eyeballs aren’t everything.

Berkonomics

Back when we were all trying to figure out the real value of traffic on the web, we investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments.

Driving User Engagement With FEM's Video Recommendations

socalTECH

The metrics are very solid. rachel payne video recommendation inteview startup entrepreneur Can software algorithms help drive more user engagement and video views for publishers?

Google 245

Making Revenue Sharing And Cost Savings Deals Work – Sharing Means Caring

InfoChachkie

Despite the pathetic nature of Barney deals, the big purple dinosaur offered sound business advice to entrepreneurs in a TV episode entitled, “Sharing means caring.” Tags: Entrepreneur Partnerships The Fringe