Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Here are some example strategies from some of my companies over the recent years. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Berkonomics

DECEMBER 5, 2013

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. No-one challenged this number, and it became an unattributed source of the metric for market size for years. Or cost estimation.

Metrics 239

Metrics Startup Marketing Demand 239

SoCal CTO

DECEMBER 9, 2009

Please be able to provide me with a few specific examples of different types of customers, what they need, what the system will do for them. What are your key Startup Metrics ? What are some good examples of similar sites? Examples of other brands/sites that are similar from a brand perspective? Who are the customers?

Software Development 292

Software Development Develop Development Startup 292

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. For example, the iPod won not because of better features and functions. 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

socalTECH

NOVEMBER 12, 2013

In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? The company announced a first round of funding Monday for its technology. READ MORE>>.

Metrics 100

Metrics Software Review Research Startup 100

Both Sides of the Table

NOVEMBER 2, 2010

Some examples of common objections across many companies: 1. As a company you need to invest in ROI calculators (spreadsheets) that are easy for sales reps to plug in basic customer metrics and pop out with an expected benefit. More experienced sales leaders seldom compete on price. We’re a premium product.

Sales 289

Sales Startup Training Pricing 289

TechEmpower

JULY 24, 2023

Can you provide specific examples of different types of customers, what they need, and what the system will do for them? What are your key Startup Metrics ? What are some examples of similar brands? For example, you might want to offer a discount to a given group to provide incentive. Who are the customers? Free trials?

Develop 520

Develop Development Technical Review SEO 520

Berkonomics

AUGUST 15, 2013

An example would be a real time display of the value of the dollar against the yen. Earliest warning metrics: What good is information if you can’t act upon it in a timely manner? Find metrics that will be “leading indicators” of trouble to come.

Metrics 184

Metrics Software Review Technical Review Statistics 184

SoCal CTO

MAY 21, 2012

Many of the factors are not obvious and include building mystery to drive margin, why boring B2B companies often win but are challenging in other ways, how bootstrapping wins, integrating metrics from the start and many other similar lessons. Startups provide introductions and Tony and fellow panelists provide feedback in real-time.

CTO Hire 175

CTO Hire Startup Metrics eHarmony 175

Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

Customer 147

Customer Custom Technical Review Metrics 147

TechEmpower

OCTOBER 9, 2023

Let's take a look at some of the many ways businesses can benefit from these new models to streamline operations and deliver faster and more accurate results.We’ll begin by looking at some real-world examples and then we’ll dive into more details of how these improved search capabilities can enhance your business.

Generative AI 348

Generative AI Artificial Inteligence Tool Knowledge Base 348

SoCal CTO

APRIL 1, 2009

So you can see that Entrepreneur (60) LinkedIn (15) Metrics (16) SEO (15) Company (141) are all considered highly relevant to the term "startup." You can see that he talks about: Marketing , Metrics , Customer and Social Media more than most. You can read more about the technology in the post: Topic Hubs.

Southern California 150

Southern California TechEmpower Technology Council Metrics 150

Berkonomics

JULY 9, 2020

An example would be a real time display of the value of the dollar against the yen. Earliest warning metrics: [Email readers, continue here…] What good is information if you can’t act upon it in a timely manner? Find metrics that will be “leading indicators” of trouble to come.

Metrics 156

Metrics Software Review Technical Review Statistics 156

Both Sides of the Table

DECEMBER 27, 2011

So while the simplest way that people often evaluate stocks is by P/E ratios (price-to-earnings), one also needs to look at other metrics such as the PEG (price-to-earnings-growth). [of For example, look at the following graph. The example chart is not actually atypical. ” Quick examples: 1. Investors value growth.

Startup 418

Startup Venture Capital Sales Technical Review 418

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Content 175

Content Startup Social Media IP 175

Berkonomics

JANUARY 16, 2014

Are each set of goals consistent with the other’s including for example personal wealth, business success, and autonomy? Example: cash, assets, equipment, connections… Regardless of what it is, a partner’s contribution needs to increase the value of the business. Example: salary, equity, joint venture, etc… Can the business afford it?

Technical Review 204

Technical Review Startup Examples Metrics 204

Both Sides of the Table

MARCH 21, 2010

In the above example you might say that the channel partner earns 25,000 shares for every $100,000 of your product that they sell in the next 12 months with up to a cap of 250,000 shares. Example: you allocate 4% in warrants to channel partner ABC. Subjective warrants – I also see warrants given out without hard metrics.

Startup 298

Startup Sales Slides Metrics 298

Startup Professionals Musings

JUNE 22, 2016

That should make you wonder - how do you measure traction in a metric? While thinking about the parameters of traction, and how to measure it, I was impressed with a new book, “ Scaling Lean: Mastering the Key Metrics for Startup Growth ” by Ash Maurya, a serial entrepreneur, and creator of the one-page business modelling tool Lean Canvas.

Metrics 57

Metrics Funding Startup Customer 57

Tech Zulu Event

NOVEMBER 28, 2011

And he showed us examples how implementing his team’s innovations directly sky rocketed company sales. Noah has what I believe he called “Thank You metrics”. He disclosed the struggles he went through in building a solid productive team. Question is, how do we focus on community first when we have utility bills to pay.

Metrics 87

Metrics Email Startup Technical Review 87

Both Sides of the Table

NOVEMBER 9, 2014

In a funding round with 1 or 2 VCs and 15-20 angels or 4-6 seed funds if you gave every investor you financial information and performance metrics your proprietary information would increase in its probability of leaking out. Let me give you a real world example from this week. There is a reason for this.

Venture Capital 352

Venture Capital Seed Funding Email Blogging 352

Startup Professionals Musings

JULY 30, 2021

For example, I find that more people now look for a great total experience , including selection choices, ease of return, and friendly support, versus just the lowest cost transaction. An example is the transportation industry moving to electric – key player positions are changing rapidly.

Marketing 162

Marketing Social Media Metrics Customer 162

Both Sides of the Table

JANUARY 16, 2014

I always ask when somebody sends me a deal, for example, are you already a shareholder in the company? He called me 15 months later excited to show me his metrics and wanted to talk about his A round. I’m not saying all dealflow is bad or all referrers are hucksters. Get out your inner Larry David scrutiny. Fair enough.

Venture Capital 333

Venture Capital Startup Technical Review Email 333

Startup Professionals Musings

FEBRUARY 13, 2021

For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. For example, smart entrepreneurs look for recognizable patterns in disconnected domains. Then you need to set goals and metrics to use as the benchmark for your own results and expectations.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Both Sides of the Table

FEBRUARY 27, 2019

Often board members themselves don’t do the work to say “what metrics would we like to see.” Any great board member should tell you, “please don’t create any performance metrics or materials that analyze the business that you’re not already creating for your own management’s use.” Sometimes they don’t even know.

Startup 226

Startup Slides Metrics News 226

Berkonomics

DECEMBER 23, 2009

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Here are some example strategies from some of my companies over the recent years. Email readers continue here.] What is a strategy?

Organization 159

Organization Metrics Demand Resource 159

TechEmpower

NOVEMBER 13, 2023

This isn’t just our opinion - our startup metrics prove it! For example, let’s consider Mark. That blurb, and the following examples, were all generated from GPT in only a few seconds, at a cost of less than one penny. Everyone struggles with empty text boxes. Drop-off on the first page of an application is bad news.

Generative AI 297

Generative AI Artificial Inteligence TechEmpower Tips 297

Berkonomics

MARCH 1, 2018

Email readers, continue here…] Here is an example, even where your presence without speaking can do harm. The CEO spoke, shared metrics, spoke of issues to be addressed during the coming week, and did a fine job of pointing the assembled troops in the right direction. Sound overstated? It is not, and that is the lesson here.

Report 226

Report Metrics Organization Education 226

Berkonomics

OCTOBER 8, 2020

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. No-one challenged this number, and it became an unattributed source of the metric for market size for years. Or cost estimation.

Company 156

Company Companies Metrics Resource 156

socalTECH

JANUARY 24, 2011

In that market, there are literally no ROI metrics. The best metrics are estimated impressions. An example of that is, we might be able to show you the hottest concerts in West Hollywood, or the hottest acts in Santa Monica. This was especially true in music and entertainment.

Startup 220

Startup West Hollywood Metrics Entertainment 220

socalTECH

JUNE 1, 2012

We will be opening up a a round of funding soon, as soon as we have some metrics and have been live in the market, and hope to raise some money and capital in the next thirty days. For example, Chris Louvion, the CTO of Citygrid, is one of our advisors, and Greg Kim of Savings.com is also an advisor.

CTO Coach 223

CTO Coach Startup Mobile Artificial Inteligence 223

Berkonomics

JULY 6, 2023

The technique, “OST” (objective, strategies, and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Email readers, continue here…] Here are some example strategies from some of my companies over the recent years. Let’s call it “OST.” What is a strategy?

Organization 156

Organization Metrics Demand Resource 156

Startup Professionals Musings

FEBRUARY 6, 2021

For example, early adopters may be easily sold, but new technology product success really hinges on adoption by certain demographics, perhaps more influenced by celebrities or mommy bloggers. Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. How do I measure success?

Startup 155

Startup Resource Metrics Technical Review 155

Startup Professionals Musings

MARCH 18, 2020

For example, when I was with IBM, in an era where constant change was necessary to compete, we made job rotation and training a prerequisite for good performance ratings, so that team members sought change and new learning, rather than passively resisting. Set up training courses that highlight agility, and adopt agile working practices.

Metrics 122

Metrics Training Satisfaction IBM 122

Both Sides of the Table

OCTOBER 25, 2009

For example, a recent phone call I had with a young entrepreneur straight out of one of the most prestigious engineering schools in America he asked, “I have an offer for $400,000 in seed money but the VC wants me to agree now to bring in a new CEO.&# This company is doing its SEED round and they already want to bring someone new in.

Venture Capital 297

Venture Capital Startup Technical Review Entrepreneur 297

Both Sides of the Table

SEPTEMBER 28, 2013

I’d like to give you a few examples that are more nuanced: 1. Good press and industry mojo wasn’t enough to overcome the financial metrics of the business and the offers came in at more like $10 million. Of course you need to be open. I believe in transparency as much as the next guy. It was not. I wasn’t surprised.

Startup 417

Startup Course Venture Capital Writing 417

Startup Professionals Musings

JANUARY 9, 2022

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. See some recent examples in the 10 of the Top Social Media Campaigns of 2021.

Social Media 135

Social Media Framework Media Metrics 135

Startup Professionals Musings

NOVEMBER 10, 2021

Thus there are some key things that we can do as a leader to improve people’s self confidence and ability to deliver, as well as be a better example for others: Practice what you preach on accountability. For example , Starbucks' chief executive officer, Kevin R. First of all, you need to be a role model for accountability.

Startup 132

Startup Training Metrics Examples 132