Berkonomics

OCTOBER 21, 2021

There are many studies that tell us how various industries reward employees for achievement above a base pay, or beyond expectation. A good example is the real estate agent, paid as a percentage of the sale, not upon the sale’s relationship to the asking price. But back to the money issue…. More examples of gaming the system.

Design 156

Design Examples Competition Pricing 156

Startup Professionals Musings

SEPTEMBER 15, 2021

Socially responsible products typically sell at a premium price. More and more customers choose a company based on their perceptions about the good that they do, as well as the price and service. That’s a real competitive edge that you can use in your marketing and positioning.

Startup 149

Startup Organization Customer Custom 149

Startup Professionals Musings

NOVEMBER 13, 2021

Even if the goods and services are changing hands as gifts, or the revenue motive exists only to make services sustainable, the economic value is evident. Idling capacity is a notion that was first systematically studied and measured in the context of industrial processes. There is value in the “idling capacity” of all assets.

Resource 126

Resource Commerce Social Media Platform 126

Startup Professionals Musings

JULY 24, 2020

According to studies , the alternative of acquiring new customers still costs you five to seven times more than retaining existing ones. Today’s customers demand to be more than satisfied with your price to be loyal. Focus on innovation in the design of your delivery and service, as well as your product.

Customer 136

Customer Custom Social Media Startup 136

Startup Professionals Musings

JUNE 19, 2023

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Entrepreneur 101

Entrepreneur Startup Ideas Competition 101

Xconomy

APRIL 6, 2018

The FDA didn’t smile upon a big submission of depression studies from Alkermes, while those fighting liver disease got a mixed slate of data as a big medical conference looms. There were plenty of policy and drug-price headlines, Read more » Reprints | Share: After the deals, we’ll move on to data.

Study 55

Study Pricing Conference Marketing 55

Berkonomics

SEPTEMBER 6, 2018

The question to study in your board meeting long before making any offer to purchase a candidate business is: “Would this acquisition add significantly to our enterprise value and attractiveness in an eventual sale?”. Email readers, continue here…] Many companies find acquisitions to be a decision of “make or buy.”

Company 120

Company Companies Acquisition Resource 120

Startup Professionals Musings

DECEMBER 5, 2020

According to many studies, entrepreneurs tend to be happier , and over 80 percent of self-made millionaires are entrepreneurs. Entrepreneurial thinkers see their business mission as enriching the lives of customers, rather than being a better producer of products and services. Think like your ideal customer seeking value.

Entrepreneur 117

Entrepreneur Sales Customer Custom 117

Both Sides of the Table

OCTOBER 10, 2011

Netflix as a service has always prided itself on movie recommendations that are tailored specifically to you plus user ratings on the quality of films. The big price increase : 5 out of 5 stars. Some customer segments value the DVD business and these may be more price sensitive. Netflix increased price increased price by 60%.

Netflix 287

Netflix Customer Custom Pricing 287

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. According to one study a decade ago, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. Separate marketing from sales for further leverage.

Sales 147

Sales Metrics Guide Startup 147

Startup Professionals Musings

SEPTEMBER 26, 2020

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Startup 171

Startup Ideas Entrepreneur Competition 171

Berkonomics

FEBRUARY 28, 2011

Demand pull: too much demand for a product or service and not enough supply cause a competition for the product that drives prices higher without increasing the intrinsic value of the product. Cost push: labor or parts costs increase, causing the product or service to be priced higher without adding intrinsic value.

Demand 136

Demand Resource Pricing Study 136

Startup Professionals Musings

JULY 26, 2021

Always strive to increase your lead, and while competitors scramble to catch you, unleash your next breakthrough product, service, or promotion. Study their moves and engage your team for an analysis of updates. Study their moves and engage your team for an analysis of updates. Maintain an intimate knowledge of the competition.

Startup 154

Startup Resource Entrepreneur Metrics 154

Both Sides of the Table

MARCH 25, 2016

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. Smart investors think a lot about what we call “unit economics” or what is the economics of service one customers.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

JUNE 23, 2021

Studies show that peer recognition programs are often more effective than bonuses or cash rewards. Encourage employee innovation in service, just like you must always be looking for ways to improve your product offerings. Incent and reward employees who delight customers. Don’t let your customer interactions go stale.

Customer 147

Customer Custom Technical Review Metrics 147

socalTECH

MAY 30, 2019

I think, to be a great entrepreneur, you have to look at what is missing in the category that you will be playing in the industry, and figure what you can deploy with a little bit of strategy and technology to bring a better service and price. People were not just going to Google, they were looking all over the place.

Content 193

Content Social Network Coach Help 193

Startup Professionals Musings

APRIL 28, 2021

Thus I was pleased to see my own insights covered in a new book, “ Why Startups Fail ,” by Tom Eisenmann, a Harvard Business School professor, who has mentored many more entrepreneurs, and authored more than a hundred HBS case studies from real-world startups. You need predictable miracles and moonshots for success.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

SEPTEMBER 29, 2019

Nevertheless, there is nothing wrong with studying and learning from the wisdom and experience of others. There are already a variety of cloud computing solutions available for common business usage, including the following: Software as a Service (SaaS). Infrastructure as a Service (IaaS). Platform as a Service (PaaS).

Technology 86

Technology Cloud Computing Social Media Networking 86

Startup Professionals Musings

DECEMBER 19, 2022

Based on a classic study by the Wharton School of Business , in a survey of 11,000 MBA graduates over many years, those running their own businesses ranked themselves happier than all other professions, regardless of how much money they made. Advertising, pricing and support practices may show questionable integrity.

Entrepreneur 110

Entrepreneur Organization Customer Custom 110

Startup Professionals Musings

FEBRUARY 2, 2019

Even if the goods and services are changing hands as gifts, or the revenue motive exists only to make services sustainable, the economic value is evident. Idling capacity is a notion that was first systematically studied and measured in the context of industrial processes. There is value in the “idling capacity” of all assets.

Commerce 98

Commerce Social Media Platform Class 98

InfoChachkie

FEBRUARY 25, 2013

Tool Users - Startups often have a long gestation period in which the team is in discovery mode, defining the company's value proposition, target market, pricing, business model, etc. Five reasons many MBAs struggle at startups are as follows: 1.

Entrepreneur 279

Entrepreneur Technical Review Case Study Class 279

Xconomy

NOVEMBER 11, 2016

Drug company stocks got a boost with the defeat of Hillary Clinton, a vocal critic of drug prices. Will he take a softer stance on drug prices? Who will be in charge of the Department of Health and Human Services, which oversees the FDA, National Institutes of Health, and Medicare and Medicaid? Now, the U.S.

Patents 87

Patents Study Pricing Research 87

Berkonomics

APRIL 30, 2015

There are many studies that can tell us how various industries reward employees for achievement above a base pay, or beyond expectation. Real estate agents are paid as a percentage of the sale, not upon its relationship to the asking price. But more difficult is the sticky issue of employee incentive compensation.

Design 120

Design Competition Pricing Sales 120

Both Sides of the Table

NOVEMBER 14, 2010

I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5% above inflation yet in many markets in the US & Europe prices were rising at 10-25% per year. And it’s driving up prices beyond their inherent value.

Invest 299

Invest Angel Technical Review Venture Capital 299

Tech.Co

AUGUST 16, 2017

A study in 2013 showed that 61 percent of marketers found it hard to generate high-quality leads. Pricing: Valet – up to 1000 leads/month, $49. Pricing: Essential – for growing startups, $37/month. Pricing: $9/user/month. Pricing (billed annually): MyWebinars – 25 to 100 attendees, $25/month.

Tool 79

Tool Startup Help Template 79

InfoChachkie

JUNE 15, 2015

For instance, when the United States Postal Service recently issued a stamp of poet Maya Angelou with a quote from another woman, it reinforced my belief that the federal government is primarily comprised of incompetent, unmotivated workers. I experienced this situation when we raised the price of GoToMyPC from $9.95 per month.

Entrepreneur 100

Entrepreneur Pricing Course Journal 100

Startup Professionals Musings

DECEMBER 31, 2014

According to earlier studies from Forbes Insights , many entrepreneurs and small businesses not only feel the lessons learned during the past few years have helped them survive, but the recession also exposed flaws in their business strategies that they were able to fix. economy toward a self-sustaining and continuing economic expansion.

Study 102

Study Entrepreneur .Net Guide 102

TechCrunch LA

AUGUST 5, 2022

There is an application process and fee for members to join Collab Studio ATL, but the group hopes these costs will be subsidized by partners in the future — they say that the application process is more about assessing the needs about an entrepreneur or creator and what services they require from the space.

Platform 210

Platform Social Media Netflix Content 210

TechCrunch LA

MAY 25, 2019

For one, because millennials, according to various studies, are consuming less alcohol than previous generations and are therefore seeking non-alcoholic beverage alternatives. The company raised more than $550 million after pricing at $17 per share a little over a week ago. Founders say yes. Nigeria’s Gokada raises $5.3M

Startup 223

Startup Venture Capital Newsletter Tips 223

Startup Professionals Musings

MARCH 28, 2015

Nevertheless, there is nothing wrong with studying and learning from the wisdom and experience of others. There are already a variety of cloud computing solutions available for common business usage, including the following: Software as a Service (SaaS). Infrastructure as a Service (IaaS). Platform as a Service (PaaS).

Startup 107

Startup Cloud Computing Social Media Entrepreneur 107

Startup Professionals Musings

MARCH 27, 2020

Based on a classic study by the Wharton School of Business , in a survey of 11,000 MBA graduates over many years, those running their own businesses ranked themselves happier than all other professions, regardless of how much money they made. Advertising, pricing and support practices may show questionable integrity.

Entrepreneur 126

Entrepreneur Organization Customer Custom 126

Tech Zulu Event

AUGUST 6, 2015

Lore’s biggest promise is that Jet members will enjoy prices “10 to 15 percent below the lowest prices online,” a bold pitch in today’s hyper-competitive retail landscape. On July 21, Jet’s launch day, Profitero conducted a study to evaluate Jet’s lowest-price promise. same UPC, brand, and size) across seven categories.

Pricing 40

Pricing Commerce Startup Study 40

Startup Professionals Musings

DECEMBER 9, 2018

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Guide 95

Guide Startup Ideas Entrepreneur 95

Tech.Co

DECEMBER 15, 2017

According to one study, there were over 835,000 people working out of coworking spaces last year. Coworking companies are very familiar with the needs of growing small businesses and most of them offer a variety of services that can help your business grow. Coworking has exploded globally over the past two years.

Technical Review 90

Technical Review Study Web Design Startup 90

Both Sides of the Table

NOVEMBER 4, 2010

Let me start with Professor Christensen’s definition: “An innovation that is disruptive allows a whole new population of consumers access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill.&#. They are radically lower in price. So what did happen?

Startup 376

Startup Framework Marketing Customer 376

Startup Professionals Musings

MAY 8, 2015

Even if the goods and services are changing hands as gifts, or the revenue motive exists only to make services sustainable, the economic value is evident. Idling capacity is a notion that was first systematically studied and measured in the context of industrial processes. There is value in the “idling capacity” of all assets.

Entrepreneur 111

Entrepreneur Commerce Social Media Platform 111

Startup Professionals Musings

SEPTEMBER 1, 2019

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. Separate marketing from sales for further leverage.

Startup 97

Startup Sales Metrics Guide 97