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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

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A personal story about quality control

Berkonomics

As my enterprise computer software company which produced innovative lodging systems for hotels and resorts grew quickly, we found ourselves straining to keep up with the hiring and training of good customer support representatives, a critical part of the equation then and still so today in the 24-hour environment of hotel front desk operations.

Training 156
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Insights: 3 Steps to Software Market Entry Success

socalTECH

For our Insights and Opinions section today, we have an article from Tony Cristiano of Pivotal Arc, talking about 3 Steps to Software Market Entry Success. There is much money to be made in software and tech. So, you want to leverage your software or tech offerings to expand in an adjacent market.

Software 113
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A Bigger Truth About Restaurant Food Delivery

Both Sides of the Table

Her argument is that if Uber buys Grubhub (which itself once merged with Seamless) it would mean that Uber Eats / Grubhub would control half the market and that with DoorDash the two together would control 90% of the market. We know that the restaurant business already operates on thin margins and many struggle to survive.

SaaS 242
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The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

The Truth About the Scooter Economy?—?An Act III was the “I told you so” comeuppance of anybody who we sure that the electric scooter market would fail. Pause to think about how remarkable that truly is. In the ride hailing market there is a competition for drivers and they eat a large part of the consumers’ fee for a ride.

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My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

Harry was gracious enough to invite me back so this past week we recorded an episode discussing the current market environment. We talked about what startup CEOs should do in these situations and how to think about these renegotiations. Burn through your cash quickly at your peril. Biggest Advice I Give to Portfolio Founders?

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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. The first company represents a normal software company that sells its products directly (either via sales staff or directly off of the internet).

Startup 227