ReadWriteStart

APRIL 8, 2023

2 Brainstorming, Forecasting, and Modeling Brainstorming within an expert team can be as effective as monitoring market trends. Develop ideas based on futurological forecasting (potential scenarios based on current trends), extrapolation (analysis with historical data), modeling, analogy, reverse prediction, or simply roadmaps.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Up and Running

MAY 23, 2016

While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget. Circle back and create a more detailed forecast.

Software Review 74

Software Review Software Delaware Forecast 74

Agile VC

MAY 26, 2011

In another we decended into a debate about our 5 year forecasts (I built the models so fielded most of these questions), and it became clear they probably weren’t the best fit for our Series A round (this group is no longer in the early-stage VC business). We’ve been lucky.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Startup Lessons Learned

JUNE 5, 2009

Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&# In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. I think the problem with this approach is not the presence of the spreadsheet, but how it’s used.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

JUNE 10, 2010

With venture capital came accountability to board members, forecasts, and other people’s agendas. They were smart enough to realize that IBM’s existing processes and procedures wouldn’t be agile enough to innovate in this new market. At the end of 1980, IBM decided to compete in the rapidly growing personal computer market.

Silicon Valley 332

Silicon Valley Entrepreneur United States New York City 332

Occam's Razor

FEBRUARY 7, 2011

But each keyword gets "credit" for other metrics. The best option is to hire a statistician with experience in data modeling and forecasting. Brian Krick: Best way to measure and communicate "available demand" from available channels (social, search, display) for forecast modeling. Please see the advice above.

Analytics 94

Analytics Web Non-Compete Metrics 94

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) We’ll build the class around the business model / customer development / agile development solution stack. If non-web, build demand creation budget and forecast. to optimize this search.

Wiki 318

Wiki Lean Management Business Model 318

Steve Blank

JANUARY 10, 2011

The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.) The resulting conversations made us smarter, agile and relentless. What was a surprise was the boldface lies the VP told us at the board meeting.

Forecast 271

Forecast Agile Founder Revenue 271

Duct Tape Marketing

JUNE 20, 2023

And there's a bit of a sense that digital was a bit sort of the wild west in terms of, oh, it's all about agile and people improvise the method and you can't measure things as well. But there isn't actually a top down roadmap of how to do it with real milestones and metrics and uh, around it. (07:01): They were the same mm-hmm. ,

Technical Review 86

Technical Review Silicon Valley Generative AI Arizona 86

View from Seed

FEBRUARY 27, 2019

Analytics is about designing, reporting, and leveraging operating metrics to aid strategic and functional decision-making. These are operating metrics because they are not part of GAAP financial statements, even though they are critical for everyone from the CEO to marketers and PMs to make data-informed decision on a daily basis.

Analytics 149

Analytics Hiring SQL Forecast 149

Up and Running

JANUARY 9, 2017

See Also: Tracking Metrics Makes You 2x More Likely to Reach Your Goals. By doing this, Morris was able to exceed forecast results of every strategic plan he ever approved. It’s more important to be agile and take advantage of opportunities that weren’t foreseen and make adjustments,” says Morris. Be adaptable.

Tennessee 60

Tennessee Forecast Agile Programming 60

The Next Web

FEBRUARY 7, 2014

The problem is that scientific management puts a heavy focus on forecasting, which is great as long as you have the stability to make accurate forecasts. It’s time to use a different set of metrics and accounting systems to measure progress in new or unstable industries. This all sounds good right?

Startup 136

Startup Forecast Metrics Agile 136

YoungUpstarts

MAY 26, 2014

It’s their comfort zone: numbers, metrics, analytics, logistics, strategies, and a well-defined and easy-to-see ROI. In the age of Google, true smartness means the ability to see and recognize patterns—and constitutes the difference between forecasting a likely future and simply following the conventional wisdom.

Analytics 160

Analytics Forecast Cofounder Agile 160

Startup Lessons Learned

JULY 6, 2011

Most of our management tools, like planning and forecasting, require a long and stable operating history. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. How much of that investment is squandered because the funder is relying on vanity metrics for evaluation?

Lean 167

Lean Startup Metrics Private Equity 167

Startup Lessons Learned

OCTOBER 30, 2008

Get 18 months or more of cash (runway) in the business against a conservative forecast. Kent Beck keynote, "To Agility, and Beyond" Six streaming locations Interviews ► March (7) New conference website, speakers, agenda Two new scholarship programs for lean startups Speed up or slow down? Act now, act with speed.

Lean 121

Lean San Francisco Continuous Deployment DC 121

Women Entrepreneurs Can

JANUARY 13, 2025

This evolution ensures that business decisions are not only informed but also aligned with the companys overarching mission and objectives while facilitating agile responses to market and consumer demands. Key performance indicators (KPIs) are pivotal, providing a clear snapshot of a business’s strategic goals.

Analytics 40

Analytics Artificial Inteligence Metrics Forecast 40

Up and Running

OCTOBER 1, 2014

Statdragon is a Saas platform that allows businesses to access and analyze metrics about their existing videos and optimize their video marketing strategy. If not, be agile enough to change direction and re-focus,” Nelson advises. Their latest product, Statdragon, launched just last week. You can check out further details here.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

ConversionXL

JULY 17, 2015

” and my CEO is saying, “Yeah, we’re agile. So you can test for a proxy metric rather than the end goal and you can test faster, but ideally you want to test for a metric that’s really indicative of your bottom line. We need to test faster.” ” So can I spot a trend? You can just say no.

Video 48

Video Mobile Conversion Audience 48

Women Entrepreneurs Can

MARCH 18, 2024

In finance, for example, ERPs deliver real-time insights into costs and performance, fine-tuning budgeting and forecasting. These adoptions often lead to a company-wide metamorphosis, ushering businesses into a new era of efficiency, agility, and data-driven decision-making.

Artificial Inteligence 52

Artificial Inteligence Cloud Agile Operations 52

Startup Lessons Learned

JULY 9, 2009

Talking about trends is more about trying to forecast the future, like a guru, sometimes it works, sometimes not. Kent Beck keynote, "To Agility, and Beyond" Six streaming locations Interviews ► March (7) New conference website, speakers, agenda Two new scholarship programs for lean startups Speed up or slow down?

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Transformify

AUGUST 21, 2024

Predictive recruiting tools can pinpoint the traits of applicants who are most likely to succeed in a position by examining trends and results from vast amounts of previous candidate data, including candidate resumes, job descriptions, performance metrics, and historical hiring data. The astonishing 98.8%

Artificial Inteligence 40

Artificial Inteligence Hiring Analytics Acquisition 40

ConversionXL

APRIL 3, 2019

What to do with AI: Predict churn ; Identify which offers to send to an individual; Accelerate innovation; Personalize content; Account-based marketing ; Algorithmic attribution; Forecast future lift; Predict blame. Setting up your experiments for success: Define success metrics. Try out different tactics, tools, offers, and designs.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

YoungUpstarts

JANUARY 2, 2018

It’s the kind of environment where people may think that concepts like business forecasting or change management are all well and good, but really the province of big businesses – not more fledgling organizations. It happens because they often neglect the forecasting and planning that helps them prepare.

Cofounder 0

Cofounder Partner Founder Forecast 0