Remove Customer Remove Dividend Remove Metrics Remove Product
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8 Key Ingredients to a Profitable Consulting Business

Startup Professionals Musings

Most of the guidance you see for entrepreneurs is aimed at those who are selling a product (Apple, Tesla, Xiaomi), or selling a service (Uber, Airbnb, Snapchat). The “product” value is difficult to quantify, the costs are nebulous, and entrepreneurs have to clone themselves to scale the business.

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7 Considerations For Setting Your Bottom Line Balance

Startup Professionals Musings

How does any entrepreneur define the right balance, and then measure their performance against real metrics? Most customers today won’t pay you five times the cost of alternatives, just because yours is “green.” That’s a win-win business for the customer and the entrepreneur. The whole can be greater than the sum of the parts.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

I love the enthusiasm, the boundless energy and the sense of possibility that comes from having an idea that hasn’t yet been beat up in the marketplace of competing ideas, customer contracts, VC skepticism, jaded journalists or fickle consumers who are on the The New, New Thing. And board confidence matters in growing companies.

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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

Yet, in the interest of full disclosure, and an honest intent to save future entrepreneurs some grief and money, I would remind you that starting any business has key dependencies on at least five major elements, including product design and delivery, the right people on the team, adequate funding, a sizable market opportunity, and marketing.

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10 Ways To Enlist Trust And Power For True Leadership

Startup Professionals Musings

Just because you dream it and build it, doesn’t mean they will come – that encompasses not only customers, but also investors, partners, team members, and even your own family. A debt repaid before it is asked for reaps a huge dividend in trust. They won’t come if they don’t trust you. Never make people ask.

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Speed up or slow down? (for Harvard Business Review)

Startup Lessons Learned

This is the first post that moves into making specific process recommendations for product development. Everyone was in the flow; the team was hyper-productive. In many cases, they did the impossible, building a new product faster, cheaper, and better than anyone could have predicted. And a certain amount of chaos reigned too.

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What is a CTO?

Austin Startup

A CTO will guide your product strategy, market validation, architectural decisions, process optimization, recruiting, and hiring. The Face of the Product and Technology A CTO is often the face of the technology and product. They will attend conferences and tradeshows to evangelize your product and technology.