Startup Professionals Musings

NOVEMBER 2, 2022

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Up and Running

NOVEMBER 12, 2021

According to research, 82% of businesses fail due to poor cash flow management. A functional budget includes the segmentation of costs and expenses to create reports that help your teams identify problem areas. Not planning for emergency costs. Failing to track your spending. Not automating payments.

Technical Review 132

Technical Review Software Review Forecast Cloud 132

Women Entrepreneurs Can

AUGUST 5, 2024

The Role of Technology in Modern Business Technology has transformed the landscape of modern business operations. Technology helps reduce manual workloads, improve accuracy, and enable better decision-making through data analytics. The healthcare industry is one of the main areas where technology has had a big impact.

Technical Review 40

Technical Review Technology Artificial Inteligence Azure 40

Startup Professionals Musings

JULY 25, 2021

Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Pick a technology that somehow seems inferior to the major incumbents. So why would any investor ever believe any of these claims?

Non-Compete 394

Non-Compete Technical Review Forecast Social Media 394

The Startup Magazine

MAY 7, 2024

Common deductible business expenses include office supplies, rent for business property, utilities, business-related travel, meals, and the costs associated with continuing education and professional development. Planning For The Future Forecasting is crucial in small businesses’ strategic tax planning and financial stability.

Small Business 122

Small Business Software Review Technical Review Limited Liability Company 122

Startup Professionals Musings

DECEMBER 17, 2013

As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Sales is simply defined as income from customer purchases of goods and services, minus the cost associated with things like returned or undeliverable merchandise.

Metrics 252

Metrics Technical Review Retention Acquisition 252

The Startup Magazine

OCTOBER 19, 2020

However, in the last decade, a phenomenon has emerged due to the fathom growth in the technological sector, i.e., data. Data Analytics and relevant value proposition have converted every company into a technology company. Businesses that haven’t adopted the data side of their operations have struggled to compete with the former.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

Startup Professionals Musings

FEBRUARY 8, 2020

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers.

Management 322

Management Entrepreneur Forecast Stock Options 322

OnlyOnce

NOVEMBER 28, 2012

The Value of Paying Down Technical Debt. Our Engineering team has a great term called Technical Debt, which is the accumulation of coding shortcuts and operational inefficiencies over the years in the name of getting product out the door faster that weighs on the company’s code base like debt weighs on a balance sheet.

Technical Review 94

Technical Review Software Review Balance Sheet Engineer 94

YoungUpstarts

SEPTEMBER 25, 2012

Other social networking, online marketing, clean-tech and bio-tech companies have fallen out of favor with some investors, fueling speculation regarding the future of the US technology sector. A growing number of skeptics are openly talking of a ‘high tech bubble’. These costs are largely fixed. They are not alone.

Technical Review 170

Technical Review United States Software Review China 170

The Startup Magazine

JUNE 4, 2024

For instance, if you’re in the tech industry, your vision might be to revolutionize how people interact with technology. It involves budgeting, forecasting, and efficient use of resources. Review your financial statements regularly and seek professional advice when necessary.

Technical Review 113

Technical Review Agile Audience Employee 113

Berkonomics

NOVEMBER 14, 2024

There is some latitude based upon the growth of the Company, using trailing (last 12 months), actual (fiscal year projections) and forecast (next twelve months or next fiscal year). A $3,000,000 business engaged in resale of hardware costing $1,700,000 would be valued as if it were a $1,300,000 business for this purpose.)

Valuation 62

Valuation Early Stage Stock Options .Net 62

The Startup Magazine

JUNE 16, 2024

Highlight customer reviews, testimonials, case studies, and user-generated content on your website and social media channels. Predictive analytics can forecast which leads are most likely to convert, allowing sales and marketing teams to focus their efforts on the highest quality prospects.

Lead Generation 133

Lead Generation Artificial Inteligence Technical Review Audience 133

Up and Running

MAY 29, 2015

First, allow me to deal with a very common problem: Business owners are often afraid to forecast sales. I was a vice president of a market research firm for several years, doing expensive forecasts, and I saw many times that there’s nothing better than the educated guess of somebody who knows the business well. That’s much harder.

Forecast 60

Forecast Sales Technical Review Business Plan 60

The Startup Magazine

MAY 9, 2024

A robust compliance program can forecast potential challenges in the regulatory environment, providing a business with the necessary tools to adjust swiftly and efficiently. For example, the finance sector has seen a significant increase in regulatory technology to support compliance efforts.

Artificial Inteligence 78

Artificial Inteligence Management Technical Review Framework 78

Hearpreneur

JULY 23, 2023

Outsourcing business services not only brings about cost reductions and addresses skill deficiencies but frees up time for business owners, enabling them to devote more attention to key business objectives. We encourage our customers to provide us with feedback, suggestions, and ideas through surveys and reviews.

Developer 117

Developer Technical Review Entrepreneur Due Diligence 117

Women Entrepreneurs Can

AUGUST 3, 2020

Leveraging technology within your business model can lay down the path for improved productivity, smoother operation, and increased profits. Here are some of the many ways technology can help streamline your business operations…. Predictive analytics forecasts future outcomes based on current and historical data.

Technical Review 52

Technical Review Operations Artificial Inteligence Technology 52

YoungUpstarts

AUGUST 21, 2017

An article from the Saturday Evening Post in 1900 forecasted the “home of the twentieth century”. Along with due diligence for glowing reviews, users should be aware of the security concerns that arise with turning your home into a smart home , giving hackers different avenues to breach.

Software Review 124

Software Review Technical Review Due Diligence Mobile 124

Startup Professionals Musings

MAY 27, 2016

As an angel investor, I’ve learned to believe in this approach, since I have seen great ideas go astray, due to poor execution and I have seen apparently marginal ideas make millions, managed by a savvy entrepreneur. Investors expect to hear annual revenues, average margins, customer acquisition costs and sales pipelines.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Women Entrepreneurs Can

JULY 5, 2024

The most successful supply chain management systems will minimize waste, cost, and time spent in the production cycle. Demand forecasting is essential to estimate future demand for products. Take a holistic approach to reviewing and understanding the components of your distribution network when looking for partners to outsource to.

Management 52

Management Technical Review Software Review eCommerce 52

Board Effect

JUNE 23, 2023

Productive Agenda: Timely and Balanced Copying and pasting an agenda from the prior meeting and making a few additions and deletions is a time-saver, but it’s also one that can carry some risk if you get into the habit of not reviewing the agenda line by line. The board should have the chance to discuss and review every item on the agenda.

Technical Review 89

Technical Review Forecast Community Technology 89

The Startup Magazine

JUNE 5, 2024

Streamlining processes and incorporating cost-saving measures are essential components of this strategy. Investing in automation technologies like smart locks and security systems enhances facility security while improving operational efficiency by reducing manual intervention. It is forecasted to soar to $26 billion by 2033.

Security 117

Security Technical Review Operations Revenue 117

YoungUpstarts

SEPTEMBER 4, 2016

On an elementary level, this translates into efficient manufacturing at a lower cost. Suppliers also have machinery and technology issues to contend with as they create customized products. Learn how these disjointed sources of materials affect your supply chain costs and cause potential delays.

Management 145

Management Forecast Los Angeles San Francisco 145

YoungUpstarts

OCTOBER 23, 2017

This combinatorial model works because it’s diversified, can best withstand bear markets, benefits from technological synergies, and it’s the mix of products and services clients value. To dig deeper, let’s first review the influence of technology on the core components. However each component will change dramatically.

Technical Review 154

Technical Review Artificial Inteligence Software Review IPO 154

Up and Running

MARCH 11, 2020

As transportation becomes more intertwined with technology, there is a shift away from traditional services and towards startups with radical ideas. . Transportation is becoming all about ease, accessibility, and technology. Technology. Why tech startups are (still) trending. Tech industry projected growth.

Technical Review 97

Technical Review Green Silicon Valley Non-Compete 97

The Startup Magazine

FEBRUARY 16, 2022

Yanai Oron, General Partner at Vertex, has said that his firm invested in DataRails because of the profile and strength of the platform’s positive reviews. Many companies across the globe rely on Excel to manage their finances, but reports can often sustain hard-to-find errors due to the amount of manual work needed to maintain them.

Hiring 137

Hiring Software Review Customer Israel 137

The Startup Magazine

JUNE 20, 2024

As the production halts due to faulty equipment, you have to bear the costs of labor, lost revenue, reduced capacity, etc. Many parameters may be monitored by technologies like machine learning algorithms and the Internet of Things (IoT).

Analytics 116

Analytics Artificial Inteligence Colorado Michigan 116

Hearpreneur

JANUARY 8, 2023

Changes in the Workforce are one of my 2023 business forecasts. Due to the economy's turning point, the growing trend of people working from home will likely continue next year. More people will be able to work from home or other remote locations as a result of technological advances and increased corporate flexibility.

Artificial Inteligence 127

Artificial Inteligence Technical Review Entrepreneur Forecast 127

Up and Running

OCTOBER 13, 2022

That often involves working long hours and keeping your costs lean. This typically includes reviewing financial reports, overseeing budgets, managing overall financial planning, and more. Chief technology officer (CTO): This executive ensures technology initiatives are running smoothly and supporting overall business goals.

CTO Hire 163

CTO Hire Fractional CTO CTO Hiring 163

ReadWriteStart

JULY 7, 2023

The company uses generative AI technology to provide small and medium-sized businesses with SEO content that is both affordable and of a high quality. Small and medium-sized businesses frequently face difficulties in meeting the high costs associated with hiring agencies or creating content on their own.

Generative AI 127

Generative AI SEO Artificial Inteligence Forecast 127

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. Let’s explore the latest trends in information technology and 4 practical tips for how your business can leverage them during your recovery. Tech Trends For Businesses in 2020-2021. The first stage in this crisis was survival. Artificial Intelligence.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Hearpreneur

JUNE 16, 2023

And while retaining an existing customer costs 5x less than acquiring a new one, retaining valued employees is more cost-effective than recruiting new talent. 4- The rise of digital marketing Photo Credit: Lucia Marketing is a dynamic and essential industry that adapts to changes in consumer preferences and technology.

Artificial Inteligence 107

Artificial Inteligence Entrepreneur Retention Technical Review 107

Hunter Walker

JULY 22, 2014

I don’t believe the forecast you show me. Ok, so far I’ve told you the forecast I’m looking at during fundraising is a lie and the one you’re using during initial iteration is a trap. So when is the right time for a startup to build a forecast that actually starts measuring the health of the company?

Forecast 97

Forecast Early Stage Seed Stage Startup 97

YoungUpstarts

AUGUST 22, 2019

Remember that not all preventative maintenance is more cost effective than reactive maintenance. From keeping track of your work orders to maintenance schedules, a CMMS is the most popular solution for tracking the technical sides of your restaurant. Review and Forecast your Budget monthly.

Technical Review 113

Technical Review Forecast Software Review Cost 113

Up and Running

JULY 5, 2021

With the 1st of July being exactly the middle of 2021, it is now time to undertake a mid-year review of your business. This review is important to amend any processes that aren’t working and gives you the chance to incorporate new protocols to continue evolving as a business. Here are a few key areas worth focusing on.

Technical Review 148

Technical Review SEO Operations Forecast 148

ReadWriteStart

JULY 13, 2023

Forecasts indicate that the market for inventory robots will expand in the years to come. The technology underlying inventory robots is likely to advance as the market develops. Future innovations are likely to be even more ground-breaking than they already are, as the technology powering inventory robots adapts to meet rising demand.

Artificial Inteligence 118

Artificial Inteligence Technical Review Stock Demand 118

Up and Running

SEPTEMBER 10, 2021

Customer Relationship Management is a technology designed to help your business manage customer relationships and interactions in an organized way. The more well organized your data is the easier it will be to review and uncover specific insights and similarities. Review CRM features and tools. What is CRM? Collaboration.

Management 116

Management Customer Software Review Technical Review 116