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Startup Metrics

TechEmpower

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Next, define what you need from a metrics and reporting standpoint. The metrics, and how they relate, are captured in his slide: Note the relationship between retention/referral efforts and lifetime value.

Metrics 260
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5 Stages Of The Market Lifecycle Gate Startup Success

Startup Professionals Musings

As a frequent advisor to new entrepreneurs and startups, I often hear your frustration with being treated differently from other startups by investors, on expectations for valuation , traction, and market size. For many years, startups featuring all-electric vehicles fell into this stage of the business lifecycle.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. Your focus for momentum could be sales, profitability, or number of customers, but trying to keep all possible parameters growing is simply not practical.

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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Fundraising through online platforms and crowdfunding.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators. Tune in on February 26th and get the answers to questions such as: What is an innovation ecosystem?

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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio. Use data analysis and metrics to measure for results. Bigger organizations should invest in the new “big data” tools. Subjectively measuring employee engagement. Manually assessing engagement clearly isn’t working.

Analytics 245
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7 Startup Laws Of Finance That You Dare Not Shortcut

Startup Professionals Musings

Many startups fail before reaching that magic “cash-flow positive” position they have been striving for, despite seemingly reasonable financial projections. Many startups see initial revenue from customers, and love the fast growth, but fail to anticipate the cost of early vendor payments, monthly overhead costs, and later taxes.