Startup Professionals Musings

AUGUST 24, 2022

Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software. I paraphrase here the key challenges he identifies, adding my own insights: Marketing ROI requires cross-enterprise information.

Acquisition 250

Acquisition Cost Customer Sales Cycle 250

Startup Professionals Musings

JANUARY 15, 2020

They look for the use of talent analytics, such as productivity per employee, as well as the practices and attitude toward employee satisfaction. Investors want organizations that manage people talent and growth, through good hiring, performance feedback, development on the job, and building commitment. Performance accountability processes.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

Startup Professionals Musings

FEBRUARY 6, 2019

By contrast, predictive analytics uses data patterns to make forward-looking predictions that guide you to where you should go next. According to Eric Siegel in the updated version of his classic book “ Predictive Analytics ,” it’s the power to predict who will click, buy, lie, or die. Customer retention with churn modeling.

Analytics 177

Analytics Retention Social Media Campaign 177

Startup Professionals Musings

JULY 29, 2019

Making decisions without discipline and analytics. Audit each group to look for processes that everyone agrees can be improved. Prioritize process improvements and quantify results. What you need to manage growth is real data and tools, aligned with your targeted goals and objectives.

Leadership 217

Leadership Analytics Hiring Operations 217

Startup Professionals Musings

AUGUST 15, 2022

Analytics will soon drive nearly all business decisions for any company that wants to remain relevant to its customers. Startups are in the best position to provide the analytics, and use them first. Big data is mining the storage for knowledge. This gives rise to the personalization and customization that we all want.

Startup 315

Startup Social Media Analytics Cloud 315

Startup Professionals Musings

FEBRUARY 4, 2023

Speech analytics is becoming more common, particularly as conversations are increasingly recorded and stored as part of interactions with call centers, as well as with each other. Social media has the potential to transform our understanding of relationships by datafying professional and personal connections on a global scale.

Customer 288

Customer Social Media Analytics Global 288

Startup Professionals Musings

JANUARY 15, 2022

Get familiar with current social media tools, such as Google Analytics, Kissmetrics, and HootSuite analytics. Find the right tools to analyze the ROI. Return-On-Investment metrics are not new, but the tools are different. Over time, put together the data you need to measure your progress on a weekly/monthly/yearly basis.

Social Media 315

Social Media Media Startup Analytics 315

Startup Professionals Musings

JULY 17, 2019

It starts with continually optimizing your business model, using analytics on all the data, and creating and using metrics to measure your performance and progress to date. Converting customer-centric advantages into business value requires a deep understanding of all the financial elements of your business, as well as customer drivers.

Technical Review 218

Technical Review Revenue Analytics Metrics 218

Startup Professionals Musings

MAY 4, 2016

Measuring progress with big data and analytics. You don’t have to be a heavily funded later stage startup to get access to “big data,” customer analytics, and metrics dashboards. Non-professional investors now use crowdfunding sites, like Indiegogo and Kickstarter , for similar access.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

MARCH 12, 2013

By contrast, predictive analytics uses data patterns to make forward-looking predictions that guide you to where you should go next. According to Eric Siegel in his new book “ Predictive Analytics ,” it’s the power to predict who will click, buy, lie, or die. Customer retention with churn modeling. Insurance and mortgage underwriting.

Analytics 246

Analytics Retention Startup Social Media 246

Startup Professionals Musings

AUGUST 23, 2023

The data for these should come from internal data analytics , and be compared to industry averages compiled by third-party analysts, published by many industry organizations. Accurate measurement of the wrong things is not helpful. Key strategic factors for every business should include profits, growth, and competition.

Metrics 204

Metrics Demand Analytics Leadership 204

Startup Professionals Musings

FEBRUARY 16, 2018

Use tools and analytics to identify trends and directions. Of course, you may not have the time or desire to read through every document in your space, but it’s not so hard to find and follow some key influencer blogs on social media. These experts will curate the information, point to the best sources, and summarize implications for you.

Customer 144

Customer Advisory Board Technical Review Angel Investor 144

Startup Professionals Musings

AUGUST 7, 2023

It will always take smart entrepreneurs, armed with the latest knowledge and modern analytic tools, to minimize the risks and maximize opportunities. The challenges are continually evolving and are, at their root, a product of social interaction, economic evolution, and political dynamics.

Global 276

Global Algorithm Business Model Social Media 276

Startup Professionals Musings

JUNE 10, 2023

People who know how to get things done can be analytical as well as intuitive, aggressive or patient as required, and confident and humble at the same time. Nothing is immutable, even the culture of the organization or the business. Able to balance the paradoxes of highly effective leaders.

Caching 311

Caching Analytics Entrepreneur Hiring 311

Startup Professionals Musings

JULY 31, 2012

Use questions to test analytical and problem solving ability. You might be surprised at how fast you get to be an “expert” on a given technology, and how easy it is to eliminate candidates who don’t have a clue. Evaluate how clearly they answer the question, as well as the answer. Sometimes brain teasers are a good start.

Technical Review 230

Technical Review Technology Founder Management 230

Startup Professionals Musings

DECEMBER 14, 2013

These range from basic search engine optimization (SEO) tracking, like Google Analytics , to a new generation of marketing platforms, like HubSpot. Every business needs to take advantage of the new tools and technologies which can assist you in making this shift in strategy and measuring effectiveness.

Revenue 263

Revenue Startup Technical Review Business Model 263

Startup Professionals Musings

SEPTEMBER 13, 2023

Build a deep understanding of customer needs and ecosystem megatrends through interviews, focus groups, data analytics, and your own transformation team research. It takes a strong leader to pull such a business out of its downward spiral. Synthesize empathy with customers with new trends.

Agile 294

Agile Acquisition Analytics Restful 294

Startup Professionals Musings

MAY 9, 2020

Speech analytics is becoming more common, particularly as conversations are increasingly recorded and stored as part of interactions with call centers, as well as with each other. Social media has the potential to transform our understanding of relationships by datafying professional and personal connections on a global scale.

Social Media 312

Social Media Analytics Global Finance 312

Startup Professionals Musings

FEBRUARY 18, 2016

By contrast, predictive analytics uses data patterns to make forward-looking predictions that guide you to where you should go next. According to Eric Siegel in his newly updated book “ Predictive Analytics ,” it’s the power to predict who will click, buy, lie, or die. Customer retention with churn modeling. billion by 2020.

Analytics 120

Analytics Retention Social Media Campaign 120

Startup Professionals Musings

APRIL 7, 2017

These range from basic search engine optimization (SEO) tracking, like Google Analytics , to a new generation of marketing platforms, like HubSpot. Every business needs to take advantage of the new tools and technologies which can assist you in making this shift in strategy and measuring effectiveness.

Small Business 147

Small Business Revenue Technical Review Business Model 147

Startup Professionals Musings

APRIL 17, 2017

Technology allows forward-looking predictions of outcomes, and critical decision-making assistance through artificial intelligence, Internet of Things (IoT), medical diagnostics, and data analytics. It’s not enough to merely talk about these changes.

Artificial Inteligence 139

Artificial Inteligence Technical Review Leadership Agile 139

Startup Professionals Musings

MAY 10, 2021

There is a tough balance here to achieve, since a large portion of starting and running a business requires analytical, logical thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges.

Analytics 428

Analytics Internet Entrepreneur Partner 428

Startup Professionals Musings

MAY 11, 2011

Use questions to test analytical and problem solving ability. You might be surprised at how fast you get to be an “expert” on a given technology, and how easy it is to eliminate candidates who don’t have a clue. Evaluate how clearly they answer the question, as well as the answer. Sometimes brain teasers are a good start.

Technical Review 236

Technical Review Partner Entrepreneur Architecture 236

Startup Professionals Musings

JANUARY 1, 2023

If your job is analytical, take some time regularly to explore the creative side of your personality, or vice versa. It starts with trust and ends with peace of mind. Hire people who have skills you don’t have, but share your values. Exercise the other side of your brain.

Restful 298

Restful Analytics Employee Matching 298

Startup Professionals Musings

AUGUST 25, 2023

Take advantage of inexpensive tools to gather data and provide analytics. Set milestones and targets for revenue, profitability, and market share, and use these to manage the business, as opposed to hours worked and gut instinct. Use comparable metrics for managing team member results.

Intellectual Property 245

Intellectual Property Social Media Angel Investor Metrics 245

Startup Professionals Musings

NOVEMBER 4, 2015

They look for the use of talent analytics, such as productivity per employee, as well as the practices and attitude toward employee satisfaction. Investors want organizations that manage people talent and growth, through good hiring, performance feedback, development on the job, and building commitment. Performance accountability processes.

Leadership 120

Leadership Technical Review Due Diligence Valuation 120

Startup Professionals Musings

NOVEMBER 3, 2012

These range from basic search engine optimization (SEO) tracking, like Google Analytics , to a new generation of marketing platforms, like HubSpot. Every business needs to take advantage of the new tools and technologies which can assist you in making this shift in strategy and measuring effectiveness.

Technical Review 234

Technical Review Business Model Revenue Social Media 234

Startup Professionals Musings

NOVEMBER 17, 2021

By contrast, predictive analytics uses data patterns to make forward-looking predictions that guide you to where you should go next. According to Eric Siegel in the updated version of his classic book “ Predictive Analytics ,” it’s the power to predict who will click, buy, lie, or die. Customer retention with churn modeling.

Analytics 248

Analytics Retention Social Media Startup 248

Startup Professionals Musings

JUNE 19, 2021

I found some good analytical tools on how to sharpen your own ethics sense in the classic book by Mark Pastin, “ Make an Ethical Difference.” If people are dying of Covid every day, how many clinical trials should be required for a new drug that clearly saves some lives?

Analytics 387

Analytics Matching Global Startup 387

Startup Professionals Musings

AUGUST 12, 2022

Even the most analytical of us responds to a story that engages the senses and appeals to our souls and sense of well-being. That hero may be an idea, it may be an individual, it may be an initiative, but without the struggle and the knight on the white horse that comes to the rescue, there is no story, and the audience will not listen.

Angel Investor 293

Angel Investor Viral Audience Social Media 293

Startup Professionals Musings

MAY 10, 2023

Analytical: synthesizer of hypotheses and data. Professionals in this category are wired for new territory, but deliberately work through the organization to build support and create momentum for an initiative. It’s a rare and ideal combination for a large company, and you need to have the patience to evangelize with key decision makers.

Silicon Valley 240

Silicon Valley Lean Leadership Analytics 240

Startup Professionals Musings

NOVEMBER 11, 2019

Analytics will soon drive nearly all business decisions for any company that wants to remain relevant to its customers. Startups are in the best position to provide the analytics, and use them first. Big data is mining the storage for knowledge. This gives rise to the personalization and customization that we all want.

Technology 243

Technology Social Media Analytics Cloud 243

Startup Professionals Musings

FEBRUARY 19, 2022

Rather than cave when things get tough, optimistic entrepreneurs go analytic, looking for pivots that keep their goals in sight. They savor relationships, and are generous with themselves and their smarts, so they attract a savvy following. Be revered for an amazing positive attitude.

Advisory Board 348

Advisory Board Bandwidth .Net Social Media 348

Startup Professionals Musings

JUNE 10, 2016

Always use analytics and listen directly to customer feedback. Use them only when no other alternatives exist, or business success has given you the means to take full control, and make your channel a competitive advantage.

Channel 120

Channel Distribution Partner Acquisition 120

Startup Professionals Musings

AUGUST 25, 2011

These range from basic search engine optimization (SEO) tracking, like Google Analytics , to a new generation of marketing platforms, like HubSpot. Every business needs to take advantage of the new tools and technologies which can assist you in making this shift in strategy and measuring effectiveness.

Customer 242

Customer Technical Review Business Model Revenue 242

Startup Professionals Musings

FEBRUARY 18, 2022

Sometimes you have to turn off your careful analytical mind to just “look and do … sense and react.” They don't go looking for fights, but they also aren't afraid to speak their mind, and yet they are trusted by peers. I urge you to be more true to yourself every day. Use both logic and fantasy to create a new reality.

Flash 353

Flash Angel Investor Cofounder Analytics 353

Startup Professionals Musings

DECEMBER 2, 2020

It will always take smart entrepreneurs, armed with the latest knowledge and modern analytic tools, to minimize the risks and maximize opportunities. The challenges are continually evolving and are, at their root, a product of social interaction, economic evolution, and political dynamics.

Marketing 335

Marketing Global Algorithm Business Model 335