Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

SoCal CTO

DECEMBER 9, 2009

Where’s the mystery (see Matching Algorithm )? What are your key Startup Metrics ? What’s different, special here? Who are the other stakeholders involved? Other types of users? Administrators? How will you be taking this to market? What channels will you use (e.g., SEO for Startups )? How do you make your money?

Software Developers 292

Software Developers Software Development Developer Software 292

Startup Professionals Musings

JUNE 17, 2020

My bottom-line recommendation and theirs is that every visionary entrepreneur needs to be matched with a cofounder or key team member who has the required execution attributes. They enjoy the coaching and development role, and are able to match work assignments to people’s strengths, promoting both people and company growth.

Founder 329

Founder Cofounder Bandwidth Matching 329

ConversionXL

NOVEMBER 22, 2022

Marketing metrics are a competitive advantage. You have to track metrics you can act on. In this article, you’ll learn which metrics to measure to understand and improve marketing performance. Table of contents What are digital marketing metrics? KPIs vs. digital marketing metrics 1. – Seth Godin.

Metrics 105

Metrics Analytics Marketing Acquisition 105

TechEmpower

NOVEMBER 13, 2023

We recently completed a web-based application that uses a unique algorithm to match professionals with new career opportunities. This isn’t just our opinion - our startup metrics prove it! Applying that solution to our job matching site made perfect sense. Everyone struggles with empty text boxes.

Generative AI 297

Generative AI Artificial Inteligence Houston America 297

Startup Professionals Musings

OCTOBER 25, 2014

Make sure they match before you commit. 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. How do I measure success?

Metrics 271

Metrics Technical Review Leadership Framework 271

Steve Blank

MARCH 31, 2014

Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. As Harvard professor Clayton Christensen noted, these efficiency metrics provided wise guidance for times when capital was scarce and raising money was hard. Ultimately this is not just another staff function.

Private Equity 330

Private Equity Metrics China Intellectual Property 330

Steve Blank

JANUARY 22, 2014

The reality for a regional investor is that you have to match the capital you raise to the deal/exit environment you are in. This experience has provided me a whole new set of pattern matching filters as an investor. Playing Moneyball also means playing with the money you have.

Early Stage 295

Early Stage Silicon Valley Oregon Technical Review 295

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

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. Often you can't tell if something like a search engine or matching algorithm is really going to have better results until you use it. Results of Algorithms.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

Startup Professionals Musings

APRIL 20, 2013

Make sure they match before you commit. 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. How do I measure success?

Startup 253

Startup Metrics Technical Review Leadership 253

Steve Blank

JANUARY 17, 2023

In both North America and Europe, many venture studios in non-major cities are funded by government agencies to stimulate local growth, at times with matching donations from companies. These studios have different metrics than startup studios whose limited partners are private family offices or venture capitalists.

Technical Cofounder 368

Technical Cofounder Intellectual Property Technical Review Incubator 368

The Startup Magazine

AUGUST 7, 2024

Use snug-fitting boxes, mailers, and envelopes that closely match the size of products. Look at metrics like average order processing time, shipping errors, delivery times by carrier, and packing/handling costs. Consider leveraging shipping management software to automatically track key metrics and identify areas for improvement.

eCommerce 167

eCommerce Software Review Metrics Analytics 167

Startup Professionals Musings

DECEMBER 27, 2019

Incorporate AI-powered data and metrics systems. Their pricing algorithm crawls the Web daily, and adjusts prices to always match the lowest price found anywhere, offline or online. They help hiring managers raise the bar for every interview. Make your company a ground-breaking invention machine.

Global 308

Global Marketing Technical Review Agile 308

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Match your office, facilities and computer equipment to the size of the staff you have today, and intend to have in the next six months. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

DECEMBER 14, 2013

Debate and adjust your offering to better match what customers want. Include planned measurements and metrics. Customers will tell you things when being interviewed that they will never tell you while you are selling to them. She recommends phone interviews by you, by appointment, with structured questions, and you document results.

Revenue 263

Revenue Startup Technical Review Business Model 263

Steve Blank

OCTOBER 15, 2020

As a buyer of technology and capability, the Department of Defense now can decide to buy different capabilities to match this new world. We need pockets of marketplace-type behavior where actual systems are competed out based on outcome-oriented metrics. Changing Acquisition. And we buy new things more regularly.

Technical Review 399

Technical Review Artificial Inteligence Technology United States 399

A Smart Bear: Startups and Marketing for Geeks

AUGUST 29, 2011

But it doesn’t matter who’s responsible for what — the real problem is that we were a bad match and we both wasted time, money, and reputation. Hubspot has this down to a science, more so than almost any other company.

Technical Review 236

Technical Review Software Review Reputation Sales Cycle 236

Startup Professionals Musings

AUGUST 25, 2011

Debate and adjust your offering to better match what customers want. Include planned measurements and metrics. Customers will tell you things when being interviewed that they will never tell you while you are selling to them. She recommends phone interviews by you, by appointment, with structured questions, and you document results.

Customer 242

Customer Technical Review Business Model Revenue 242

Startup Professionals Musings

SEPTEMBER 22, 2023

Then make sure that everyone on the team does the same, and are motivated to improve the match with your startup. It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Seek out complaining and lost customers for the most important input.

Technical Review 249

Technical Review Salary Metrics Matching 249

Both Sides of the Table

DECEMBER 27, 2011

So while the simplest way that people often evaluate stocks is by P/E ratios (price-to-earnings), one also needs to look at other metrics such as the PEG (price-to-earnings-growth). [of And assuming they both had the same net profit margins (profit / revenue) then the former company would be much better off at the end of the year.

Startup 418

Startup Revenue Technical Review Flash 418

Startup Professionals Musings

NOVEMBER 3, 2012

Debate and adjust your offering to better match what customers want. Include planned measurements and metrics. Customers will tell you things when being interviewed that they will never tell you while you are selling to them. She recommends phone interviews by you, by appointment, with structured questions, and you document results.

Technical Review 234

Technical Review Business Model Revenue Social Media 234

Steve Blank

MARCH 15, 2017

Generate end-user demand (to match our revenue goals). And the results weren’t the traditional PR metrics of number of articles or inches of ink. We will reach 35% market share in year one of sales with a headcount of twenty people, spending less than $4,000,000. Drive that demand into our sales channels. Educate our sales channel(s).

Startup 329

Startup PR Public Relations Channel 329

Startup Professionals Musings

MARCH 18, 2023

My bottom-line recommendation and theirs is that every visionary entrepreneur needs to be matched with a cofounder or key team member who has the required execution attributes. They enjoy the coaching and development role, and are able to match work assignments to people’s strengths, promoting both people and company growth.

Partner 206

Partner Cofounder Startup Bandwidth 206

Startup Professionals Musings

JUNE 21, 2013

Then make sure that everyone on the team does the same, and are motivated to improve the match with your startup. It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Seek out complaining and lost customers for the most important input.

Customer 230

Customer Technical Review Startup Salary 230

YoungUpstarts

SEPTEMBER 30, 2020

In order to effectively track your campaign’s success, you should have an account with an analytics service that can report on metrics like web traffic, sales, and clicks of specific links. Make sure you choose an influencer who has good metrics on that platform. And keep in mind that metrics differ a bit across the different networks.

Campaign 147

Campaign Software Review Social Media Social Network 147

The Startup Magazine

JULY 24, 2024

Regularly reviewing performance metrics can help identify areas for improvement. Regularly auditing your inventory can prevent discrepancies and ensure that your records match physical stock levels. Familiarizing yourself with Amazon’s Seller Central platform can streamline many tasks.

Cost 167

Cost Technical Review Software Review Stock 167

TechEmpower

FEBRUARY 13, 2013

Focusing on the metrics that ultimately drive the business, often the bottom line, has provided a reality check, a counter-weight to the desire to consume all new technologies. You can't mix and match. It's a fun and funny business to be in.

Guinea 200

Guinea Application Development Ruby Web Development 200

The Startup Magazine

AUGUST 6, 2024

Steps to Create an Effective Incentive Program: Identify Objectives: Match the incentive program to the business’s objectives. Using these metrics, you can adjust the program as needed to ensure it continues to meet its objectives. Ensure the program is transparent and the criteria for earning rewards are communicated.

Employee 158

Employee Sales Artificial Inteligence Technical Review 158

Up and Running

APRIL 13, 2021

Make sure the way you organize the sales forecast in rows or items or groups matches the way your accounting (or bookkeeping) tracks them. Match your chart of accounts, which is what accountants call your list of items that show up in your financial statements. Accounting needs detail, while planning needs a summary.

Forecast 147

Forecast Matching Balance Sheet Software Review 147

YoungUpstarts

MAY 6, 2020

Pandemic responders are looking for effective tools to help them quickly match people in need with available resources on community level. Are you using the right tools and metrics to track performance, and do you implement the insights we get in a timely manner? – Community cooperation.

Software Review 165

Software Review Global Software Technical Review 165

The Next Web

DECEMBER 4, 2013

Metrics on keywords, follower profiles and competitors all help define your target listener. Choose at least a network or two that match your business’ current scale in addition to starting aspirational presences on obvious services like Facebook and Twitter. Startup Example: Zappos. Strategy Adopted: Leveraging Social Media Analytics.

Social Media 158

Social Media Media Viral Startup 158

Startup Professionals Musings

MAY 12, 2021

Build a marketing plan with deliverables and metrics. Far fewer lead with their best strategies on this media, including regular incentives to customers, pointers to case studies, and technical insights. Passion is necessary, but not sufficient for survival.

Las Vegas 385

Las Vegas Matching Marketing Social Media 385

ConversionXL

SEPTEMBER 20, 2021

As with most platforms, there are metrics that matter, and vanity metrics. With YouTube, for organic, average view duration (AVD) and click-through rate (CTR) should be prioritized over YouTube search optimization, descriptions, tags, and other vanity metrics. Both metrics represent high engagement.

Analytics 134

Analytics Metrics Channel Video 134

Occam's Razor

JULY 22, 2013

My solution to these problems was to create a simple framework we can use to put our customers first, evaluate our marketing programs, and right-align our view of success (metrics). I believe it has to do with choosing the wrong success metrics. Because the consideration stage matches your marketing, which in turn matches the metric.

Framework 164

Framework Marketing Metrics Audience 164

Startup Professionals Musings

FEBRUARY 24, 2017

To check your return on marketing investment, you need to define metrics and a formal process to evaluate progress and cost tradeoffs. They match individual customer preferences, whether it be voice, email, texting, or social media, to close deals. Don’t forget seminars and events. Raise the conversion rate with effective follow-up.

Differentiation 141

Differentiation SBA Social Media Dividend 141