Startup Professionals Musings

OCTOBER 25, 2014

Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. That means you have to start with assessing the current state against the same metrics, before you can assess progress or change. Make sure metric results are available to the team, to keep them motivated.

Metrics 271

Metrics Technical Review Leadership Framework 271

Startup Professionals Musings

OCTOBER 3, 2016

Sets goals and milestones, with metrics to track progress. Good implementers document and communicate long-term goals, and translate them into daily action items. They define metrics for each goal, and diligently track themselves against these metrics. Tie executive titles and organizations to business roles.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Steve Blank

SEPTEMBER 17, 2024

You can download the full 64-page document of Program Executive Offices and Officers with all 602 names here. Caveats Do not depend on this document for accuracy or completeness. This means this document was out of date the day it was written. It is likely incomplete and contains errors.

Programming 249

Programming Customer Portfolio Government 249

Startup Professionals Musings

APRIL 20, 2013

Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. That means you have to start with assessing the current state against the same metrics, before you can assess progress or change. Make sure metric results are available to the team, to keep them motivated.

Startup 253

Startup Metrics Technical Review Leadership 253

SoCal CTO

APRIL 28, 2014

Other Topics Covered I also covered topics that are covered more thoroughly in the following posts: Document Your MVP for a Developer. Read Document Your MVP for a Developer for all of the detail that you really need to provide. Provide the metrics you are trying to achieve. I just want the cost, timeline and impact.

Technical Cofounder 280

Technical Cofounder Developer Fractional CTO CTO Hire 280

SoCal CTO

MARCH 11, 2013

If you do build the MVP and show it to them, they will ask you about your metrics. They really want metrics, not a product. The real question you should be asking is "When I've built this product and show you the following metrics, would you invest?"

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

Gust

APRIL 27, 2014

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. The right question is “What is the minimum that I need?”. Product development process. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

JUNE 14, 2013

Of course there are scenarios where a written business plan is not critical, but I haven’t seen one yet where a well-written 15-page document, or at least a 10-slide pitch, is a negative. You need an investor, and want a document to mass-mail to everyone. With bootstrapping, no business plan is expected by anyone.

Business Plan 250

Business Plan Technical Review Entrepreneur Angel Investor 250

Startup Professionals Musings

DECEMBER 9, 2022

Document plans and progress, with checkpoints. Setting your own metrics, and measuring yourself , will facilitate accountability. In my experience, developers can be so committed to a technology, such as hydrogen engines for cars, such that they may be unwilling to change as the business pivots for market reasons.

Philadelphia 274

Philadelphia Technical Review Engineer Metrics 274

Startup Professionals Musings

SEPTEMBER 16, 2023

The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Angel groups, accelerators, and incubators are pervasive. Set milestones and manage to those targets.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

ConversionXL

JUNE 16, 2022

Top marketers are 414% more likely to report success when they document their strategy, according to CoSchedule’s 2022 Trend Report. A marketing playbook, in the traditional sense, is an internal document. Treat your playbook as a living document rather than something set in stone. A playbook does exactly this. Content creation.

Campaign 149

Campaign CTO Marketing Social Media 149

Startup Professionals Musings

OCTOBER 8, 2018

For example, I still find businesses asking you to print, sign, and return documents by mail in lieu of digital signatures or email. You need to communicate quantified and updates goals quarterly, including the metrics to assess progress and success. In my mind, these are killing their businesses.

Technical Review 211

Technical Review Channel Social Media Metrics 211

Startup Professionals Musings

NOVEMBER 4, 2019

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. This is the point where you must manage to metrics, work on the culture of the organization, and look for partner-based growth.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Up and Running

AUGUST 20, 2018

To start, don’t swallow the obsolete idea that the business plan must be a long, formal document, as if it were some term paper you have to write. And furthermore, even for those of you who do need to produce a business plan document, the task of writing a formal business plan today is much less daunting than it used to be.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

The Startup Magazine

APRIL 15, 2020

Data, files and documents can be shared between team members in a central setting. The best software solutions offer managers the option to track task status in real time, inspect actual team performance and compare it to initial goals, analyze reported issues, and visualize all reports and metrics whenever necessary.

Software Review 123

Software Review Software Management Operations 123

The Startup Magazine

MARCH 8, 2024

Factors to Consider Before Taking on Debt The debt service coverage ratio (DSCR) is a financial metric lenders use to assess a business’s ability to cover its debt obligations. Key metrics to track may include revenue growth, profit margins, cash flow, debt-to-equity ratio, and return on investment.

Finance 147

Finance Technical Review Metrics .Net 147

YoungUpstarts

JULY 9, 2014

Document current keyword rankings and other performance metrics to compare pre- and post-launch performance. Once the site is ready to launch, analytics tracking code needs to be added to every page to track post-launch traffic and usage of the new site.

Metadata 173

Metadata SEO Software Review Social Media 173

Up and Running

MAY 12, 2020

Your plan doesn’t need to be a lengthy document either, especially if you follow a Lean Planning methodology. It can even start as a one-page pitch document that eventually evolves into a full business plan. . Establish milestones and metrics for your business plan. Track your key metrics and know your numbers.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

The Startup Magazine

JUNE 9, 2024

Learners can access these resources at their own pace and convenience by uploading videos, documents, quizzes, and assignments to the LMS. Learning Management Systems (LMS) come equipped with tracking features that allow monitoring of learner engagement, module completion rates, quiz scores, and other vital metrics.

Technical Review 145

Technical Review Software Review Retention Metrics 145

ConversionXL

NOVEMBER 21, 2017

Developing documents and practices to organize your testing process can really help. For us, “vision documents” cemented the consistent process we desperately needed to get out of our own way. For that, you need your own tool, and for us, that tool is a vision document. A good hypothesis informs good success metrics.

Metrics 114

Metrics Database Retention Hiring 114

Steve Blank

APRIL 21, 2011

Should they look at the Document Management market? Our assignment for the teams for next week: What are the key financials metrics for your business model? With the evidence piling up, the team is now starting to think about pivoting to other customer segments and/or other pricing models. Two more weeks of the class to go.

Channel 234

Channel Artificial Inteligence San Francisco Business Model 234

Startup Lessons Learned

NOVEMBER 27, 2013

So if someone says, ‘You need comprehensive documentation for software documentation,’ I think, ‘Well, what if you didn’t have any documentation at all? As a counterpart to the question of how to create and test an MVP, Steven and Diane discussed how to use metrics to measure progress. As a reflex, I always think that.

Lean 165

Lean San Francisco Cofounder Programming 165

The Startup Magazine

JUNE 15, 2023

Additionally, they enable file sharing, document collaboration, and communication channels, reducing reliance on email threads. Email marketing software provides analytics and reporting capabilities to track metrics like open rates, click-through rates, and conversions, enabling data-driven decision-making.

Software Review 158

Software Review Software Small Business Social Media 158

Haystack

NOVEMBER 25, 2018

Look at Docusign, as one shining example — a company many folks thought would be a $1-2B outcome for a feature (e-signatures) transformed into a $10B+ document management platform. Here’s why: 1/ Pro-sumer Trend Has Legs In Enterprise: The freemium pricing model ushered in a new wave of business applications and services.

Technical Review 127

Technical Review Open Source Software Review Venture Capital 127

Up and Running

AUGUST 21, 2018

After all, planning is about making better management decisions, not about producing a thick document that sits in a drawer. Beyond tracking key financial metrics such as cash, sales, expenses, accounts receivable, and accounts payable, businesses must track the other key metrics that are critical to their success.

Lean 134

Lean Forecast Software Review Business Plan 134

View from Seed

MARCH 24, 2021

In this comprehensive template and guide we break down each of the nine core sections in the deck: intro , team , what do you do , is it working , why does it matter (market) , can you be the best in the world (product, growth, financial metrics) , where are you going , what do you want (the ask) , and appendix. ” (Melody Koh).

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

ConversionXL

APRIL 10, 2019

Form analytics provide quantitative data on metrics such as field timings, field re-entries, last field before abandonment, completion rates by segment, etc. Some of the tools below track dozens of metrics—even aggregating them into broader field “health” metrics—and visualize those metrics in clear reports. Ten seconds?

Analytics 130

Analytics Metrics United Kingdom Software 130

Board Effect

MARCH 23, 2022

A nonprofit fundraising plan is a written document that outlines your nonprofit’s fundraising goals along with a step-by-step plan for bringing them to fruition. A CRM or fundraising software program will yield a wealth of metrics that will help in planning, but also in evaluating the success of your fundraising programs and events.

Campaign 98

Campaign Software Review Technical Review Metrics 98

Up and Running

OCTOBER 21, 2014

It should remain a ‘live’ document as you progress and as you grow. The business plan should always be considered a live document. You can write your business plan in a simple word document or using software like LivePlan. If nothing else, familiarize yourself with your key financial metrics from the start.

Elevator Pitch 166

Elevator Pitch Software Review SBA Angel Investor 166

ConversionXL

AUGUST 4, 2020

You do CX a disservice if you focus only on metrics like NPS. Can you share our company policy documents? I tend to go hunting in Google Drive and project management tools to look for old research documents.). It’s a great benchmark document to show improvements from when you started. Marketing team. Strategy and culture.

SQL 117

SQL Software Review Agile Metrics 117

Up and Running

MAY 1, 2014

Milestones and Metrics. Ideally, the executive summary can act as a stand-alone document that covers the highlights of your detailed plan. You don’t need to go into excruciating detail here, though–if an investor is interested in more detail they will ask for it, and you can provide that information in a separate document.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

The Next Web

SEPTEMBER 22, 2013

If you have co-founders, make sure you document who owns what, how you’re going to pay yourselves, and who makes what decisions. This is the flip-side of the above advice, but when you start seeing your metrics turn positive, be prepared to invest and grow rapidly. Gleb Budman , CEO of Backblaze. “If Be creative, and stay lean.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

ConversionXL

SEPTEMBER 9, 2020

More recently, Google Search Console rolled out a Core Web Vitals section, which tracks a set of website performance metrics that focus on user experience. Enter your URL on this free tool, and you’ll see an overall score and some useful metrics. Here are the metrics Google Page Insights measures that specifically relate to SRT.

Caching 102

Caching Development Team Review Hosting Software Review 102

The Startup Magazine

JUNE 5, 2018

Traditional Invoices – Invoices are typically documents generated to collect payment for services rendered or goods delivered within a particular time frame. Even if your business isn’t classed as a small business, more than one in two of all companies will fail because of cash flow related issues. Collect On-Time Payments. Email stats.

Management 102

Management Software Web Development Metrics 102

Hearpreneur

JANUARY 19, 2022

11- Paying attention to metrics. Metrics do not lie, and metrics over a longer time period are much more useful to study. Although your company's analytics are vital, simply investigating your own metrics is insufficient. Instead, you should monitor metrics for the whole sector. Photo Credit: Shiv Gupta.

Entrepreneur 127

Entrepreneur Metrics Technical Review North America 127

Up and Running

MAY 10, 2021

What metrics are you tracking? How well documented is your code? Try answering these questions: How has download and search traffic been trending for this app category? Is the market demand evergreen or trending? How is your app different from competitors? If a trending category, how will you grow long-term? Operations.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Both Sides of the Table

FEBRUARY 20, 2019

Why you should set up a board at the seed round of funding I know these days with SAFE documents and rolling convertible notes many founders prefer not to set up a board early on. If your metric move immediate up-and-to-the-right? If the angel board member is hugely valuable you can always keep them on the board at your discretion.

Venture Capital 236

Venture Capital Startup Angel Investor Silicon Valley 236