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Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. Even with these, you will have paper-tested your MVP, but the reality is that customers will not be able to assess the value to them until they actually use it. Review the code being built.
Ads, Viral/Social, SEO)? What are your key Startup Metrics ? Social Integration/Viral Outreach Is your application tied into any socialnetworks? Is it limited to login and Like buttons, or are you building a presence within the socialnetworks themselves? How big is the anticipated developmentteam?
Its also been interesting to see the interaction of tools involved - SocialNetworking, Blogging and a Discussion Group. We have been using LinkedIn for both sourcing recruits and reviewing backgrounds for recruits. The level of resumes we get through our LinkedIn networks is top notch. How do you use LinkedIn?
Sometimes, a great hacker has the potential to grow into the CTO of a company, and in those cases all you need is an outside mentor who can work with them to develop those skills. At the end of the day, the product developmentteam of a startup (large or small) is a service organization. I am basically a one-man shop.
The CTO should not manage developers. The head of development spends his or her time working to keep the developmentteam on track against a set of product plans. Inside the development organization, this Director attends to staffing, training, workload and productivity metrics, budget, and scheduling.
If you’re setting business goals – and you absolutely should be – CRMs can help you review your metrics (i.e. number of emails sent, number of meetings booked) to understand how your team is doing. Unfortunately, due to a change Facebook made, Blink cannot connect directly with that network.
Business model viability, in the majority of startups, will come down to balancing two variables: Cost to Acquire Customers (CAC) The ability to monetize those customers, or LTV (which stands for Lifetime Value of a Customer) Successful web businesses have long understood these metrics as they have such an easy way to measure them.
They write everything from assembly to jQuery, on PCs to mobile phones, doing hard core computer graphics to high level socialnetworking. How about reviewing some of the incredible work being done by the likes of Mark Rendle, Ben Vanderveen, Alex Robson, Jon Skeet, Chris Patterson, Glen Block, Rob Eisenberg or Steve Sanderson?
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