Startup Professionals Musings

FEBRUARY 8, 2023

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. I see it as an opportunity to find new ways to attract customers , make long-needed changes to improve productivity, and lower your own costs of doing business.

Technical Review 239

Technical Review Revenue Social Media Cost 239

Startup Professionals Musings

JUNE 21, 2020

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. Long-term stability requires revenue growth and profit. High customer loyalty and high team passion.

Revenue 434

Revenue Valuation Viral Retention 434

YoungUpstarts

MARCH 14, 2017

In February, 1869, a letter to the editor of the New York Times questioned why female government employees were not paid the same as male counterparts. However, as a businessman, I recognize that to truly solve this problem on a macro-level, hiring diverse employees must directly translate into higher profits.

Revenue 124

Revenue Sales Cofounder Technical Cofounder 124

Steve Blank

JULY 30, 2014

Two methods, Design Thinking and Customer Development (the core of the Lean Startup) provide the tactical day-to-day process of how to turn ideas into products. . While they both emphasize getting out of the building and taking to customers, they’re not the same. Here’s why.

Customer Development 335

Customer Development Design Developer Customer 335

The Startup Magazine

DECEMBER 29, 2022

According to IBIS World, the revenues generated by the hotels and motels industry in 2022 have reached $258.1 Leveraging Revenue Management Solutions. Revenue management is the practice of managing the flow of revenue in and out of a business. Using a Scheduling Tool to Automate Employee Schedules. million in 2021.

Management 158

Management Software Review Revenue Cost 158

Duct Tape Marketing

JANUARY 4, 2024

Our deep dive into the world of email newsletters unveils tactical strategies for transforming subscribers into revenue-generating assets. Key Takeaways: Russell Henneberry provides the tactical strategies to transform subscribers into revenue. Exclusive to new customers—upgrade and grow your business with ActiveCampaign today!

Revenue 77

Revenue Advertising Email ChatGPT 77

The Startup Magazine

MARCH 6, 2024

From a diverse workforce to huge investments in training and development, these giants have evolved as favourites among customers only because of long-term decision-making and setting clear goals and objectives to be achieved within a specific period. Strategic operations management in the electronic industry is not easy.

Operations 158

Operations Management Software Review Technical Review 158

Startup Professionals Musings

MAY 22, 2020

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Is there a real customer willing to give a testimonial?

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Startup Professionals Musings

OCTOBER 22, 2021

Provide website forums to help customers solve their own problems. Use free e-commerce software and services like PayPal before building an expensive customized solution. Generate revenue around the clock. Finally, use customer feedback or promotions to attract more and more customers with less and less effort.

Technical Review 312

Technical Review Software Review Internet Revenue 312

Startup Professionals Musings

OCTOBER 21, 2023

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Plan for a real revenue model.

Business Model 273

Business Model Customer Angel Investor Bootstrapping 273

YoungUpstarts

AUGUST 13, 2019

by Suman Sarkar, author of “ Customer-Driven Disruption: Five Strategies to Stay Ahead of the Curve “ The rise of the smartphone, fast fashion, and ride-sharing. Disruption is, in fact, driven by changing customer needs – and that only those companies that truly understand their customers can succeed.

Technical Review 145

Technical Review Technology Customer Qatar 145

A Smart Bear: Startups and Marketing for Geeks

JANUARY 4, 2018

Late last year we passed $100M in annual recurring revenue. That revenue is in on 75,000 customers, earned through the hard work of 500 employees across six offices on three continents. Every day, 5% of the entire online world visits a customer running on the WP Engine Digital Experience Platform.

Engineer 152

Engineer Revenue San Francisco Security 152

Startup Professionals Musings

FEBRUARY 18, 2023

If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation. One more key employee or one more investor will probably not turn the situation around. Is there a real customer willing to give a testimonial?

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. At least 12 months of customer history, generally 20+ enterprise customers or 200+ SMB customers.

Revenue 60

Revenue Technical Review Software Review Equity 60

Startup Professionals Musings

OCTOBER 16, 2022

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. Manage customer service. Marketing and sales to Gen-Y customers. Member of the Advisory Board. Software and hardware development architects and designers.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

SEPTEMBER 16, 2023

Building a minimum viable product, with customer validation. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

MAY 23, 2022

One 11-year study of over 200 companies over a decade ago, detailed in the book “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

Software Review 291

Software Review Offshore Entrepreneur Leadership 291

Steve Blank

JANUARY 17, 2023

Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. The studio’s internal team builds the minimal viable product, then validates an idea by finding product/market fit and early customers. They do the most to de-risk the early stages of a startup.

Technical Cofounder 360

Technical Cofounder Intellectual Property Technical Review Incubator 360

The Startup Magazine

FEBRUARY 3, 2022

When these operations are efficient, companies can meet customer demand quickly and maintain stable costs. The fastest way to drastically improve efficiency and productivity at your facility is to make sure your employees work with top-notch equipment. Provide Thorough Employee Training. Improve Employee Comfort.

Software Review 166

Software Review Product Technical Review Operations 166

ConversionXL

SEPTEMBER 1, 2020

They both have a history of focusing on the lifetime value of a customer rather than chasing short-term profits. If you want to be a leader in customer loyalty and grow your business for the long term, Customer Value Optimization is key. How does “Customer Value Optimization” change your approach?

Customer 132

Customer SMS Retention Acquisition 132

The Startup Magazine

JULY 13, 2018

When employees are happy, their productivity is usually high. Employees who enjoy what they do are likely going to perform well in their duties as well as stay longer in the company. Therefore, the employer should invest in ways that will enhance the joy of employees in the workplace. The case is even better for customers.

Employee 79

Employee Product Software Review Software 79

Duct Tape Marketing

DECEMBER 7, 2023

Building A People-Centric Culture: From Employees To Contributors written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Janstch In this episode of the Duct Tape Marketing Podcast, I interviewed Kai Anderson, a seasoned strategist and the leader of workforce transformation at Mercer.

Employee 77

Employee Europe Leadership Technical Review 77

YoungUpstarts

JUNE 16, 2016

Not only are you kicking it when it comes to revenue, you’re also savvy marketers with impressive do-it-yourself skills. Digging into the numbers, 70 percent of small business owners reported meeting or exceeding their Q1 2016 revenue targets. If you’re feeling awkward about asking customers for a reference or new business lead, don’t.

Revenue 100

Revenue Small Business Social Media Technical Review 100

YoungUpstarts

MAY 3, 2019

With your business growing, revenue flowing in, and your team beginning to expand, it makes sense to start looking to the horizon and sending your representatives out to spread the word about your small business. Expectations for employee conduct during travel. How can the employee make a claim?).

Employee 127

Employee Reputation Small Business Global 127

Startup Professionals Musings

NOVEMBER 28, 2020

Building a minimum viable product, with customer validation. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Berkonomics

JANUARY 12, 2023

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. The surprising recurring revenue trap. Legacy system recurring revenues. The customers are happy and the company profitable.

Revenue 118

Revenue Cloud IPO .Net 118

ConversionXL

SEPTEMBER 15, 2020

Like any popular business term, “customer centricity” is often abused by businesses that shoehorn it into their core values. It’s actually better not to claim customer centricity if you can’t get people across your business to really care about your customers. Monzo is a digital-first bank that was backed by future customers.

Customer 85

Customer Community Revenue Software Review 85

Up and Running

JUNE 7, 2021

Today, however, we are witnessing a shift toward a more intrinsic motivation for both companies and their employees. Once united merely by their commitment to providing value for their companies and their customers, they are now united in being of value to society. Companies are waking up to the value of doing more. .

Framework 191

Framework United States Employee Vesting 191

YoungUpstarts

JUNE 24, 2015

The summer brings humidity, heat, vacations and the well-known fact that employee productivity decreases this time of year. This plunge in productivity has critical impacts on a business’s efficiency and revenues. Have an employee appreciation day. Robotic Process Automation softwares are the future employees.

Employee 100

Employee Software Review Technical Review Software 100

The Startup Magazine

MAY 22, 2018

At this stage of a company, all employees of the company need to proactively focus on customers and their receptivity to the offering. For these startup companies, the client success team does not falter as the company grows because they adjust to the changing expectations of customers as the request volumes grow.

Customer 94

Customer Early Stage Churn Rate Startup 94

ReadWriteStart

NOVEMBER 20, 2023

Negotiate with Providers: Contact your software providers and explore the possibility of negotiating better pricing or customized packages that suit your specific requirements. Carl Jenson, Founder of Compare Bank, emphasizes the importance of involving employees in identifying and implementing cost-saving measures.

Software Review 138

Software Review Technical Review Retention Cost 138

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . On the other hand, HR agencies offer cost-effective, standardized services, while consultants offer customized HR solutions (best for small companies). 2 Managing Performance.

United States 158

United States Salary UAE Hiring 158

The Next Web

NOVEMBER 6, 2013

If your startup’s goal is to sell a product or service but you’re having a hard time with your revenue model, affiliate marketing might be the perfect match to give you that much-needed boost. Affiliate marketing can help your startup rise above the clutter and increase your revenue. What is affiliate marketing?

Affiliate 134

Affiliate Revenue Internet Marketing 134

The Startup Magazine

JANUARY 17, 2021

Every business set their goals and objectives which help employees to prioritize their task and stay motivated. EMPLOYEE NET PROMOTER SCORE . The metric is useful for measuring the chances a customer would recommend your products or service. Employers use this metric to measure their employees’ loyalty. SALES KPIs.

.Net 124

.Net Metrics Retention Revenue 124

Startup Professionals Musings

SEPTEMBER 25, 2020

The world keeps changing, and visible business strategies that worked well in the past, including being the premium brand or low price producer, simply don’t get the customer loyalty they once did. Today, customers are looking for real relationships, a memorable shopping experience, and satisfaction of a higher purpose.

Customer 333

Customer Agile Social Media Portfolio 333

Hearpreneur

FEBRUARY 21, 2024

2- It can affect team communication Photo Credit: Andre Oentoro It's hard to qualify employees doing only bare minimum tasks into engaged employees. Their lack of enthusiasm and initiative can poorly affect team communication, achievement, customer satisfaction, and, eventually, company growth.

Entrepreneur 112

Entrepreneur Employee Revenue LLC 112

The Startup Magazine

FEBRUARY 24, 2022

However, converting leads into customers on LinkedIn can be a challenge. When used in marketing, reciprocity can be an excellent way of converting your audience into paying customers. . The best way of knowing if your company is employee-friendly is by having your employees review your company. . Image source: [link].

B2B 158

B2B Audience Social Media Technical Review 158