Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

Customer 369

Customer Technical Review Metrics Employee 369

Startup Professionals Musings

OCTOBER 14, 2022

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. Modern information management tools. People relationship focus.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

DECEMBER 30, 2022

Define realistic metrics to keep track of progress. If you can’t measure it, you can’t manage it. You need metrics to incentivize the right team behaviors. Your challenge will be to break down silos, manage diverse and inclusive perspectives, and capitalize on cross-functional insights.

Technical Review 252

Technical Review Silicon Valley Software Review Metrics 252

Startup Professionals Musings

NOVEMBER 2, 2022

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Risk is more manageable with subscriptions and even freemium pricing.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. You may need funding for new equipment, hiring additional staff, expanding facilities, or investing in marketing and advertising campaigns. While debt can provide necessary funds for expansion, it also comes with risks.

Finance 122

Finance Technical Review Metrics .Net 122

Both Sides of the Table

APRIL 4, 2011

You Manage What you Measure. One of the things I discuss the most with the portfolio companies I’m involved with is that “you manage what you measure.”. Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. On measurement. You’ll have no idea when you’re off course.

Metrics 346

Metrics Startup Acquisition SEM 346

Startup Professionals Musings

DECEMBER 13, 2019

Some chaos is normal in every new business, but many wait far too long before they install metrics based on “best practices,” and fail to attack obvious bottlenecks with a vengeance. You may be the main problem, insisting on making every decision, and hiring cheap helpers rather than help. Make employee management a proactive process.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Up and Running

SEPTEMBER 27, 2022

97% of business owners say that online business reputation management is important. Let’s explore the breadth of your digital footprint and help you establish a framework for managing your reputation online. Online or digital reputation management is the act of influencing how people perceive your company or brand online.

Reputation 130

Reputation Management Small Business Software Review 130

Up and Running

APRIL 22, 2021

Such include: Lack of enough financial resources Insufficient market demand for the goods and services Having the wrong team on board Inability to keep up with the competition Improper management practices. Our article will explore how to go about setting up business standards to better manage these potential developments.

Small Business 97

Small Business Management Technical Review Employee 97

Startup Professionals Musings

FEBRUARY 6, 2021

In both cases, it’s easy for them to become frustrated and give up, since most have never been trained in change management, and don’t even know what questions to ask. Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. It takes a strong team and strong leadership to manage it.

Metrics 387

Metrics Technical Review Leadership Framework 387

Up and Running

SEPTEMBER 27, 2022

97% of business owners say that online business reputation management is important. Let’s explore the breadth of your digital footprint and help you establish a framework for managing your reputation online. Online or digital reputation management is the act of influencing how people perceive your company or brand online.

Reputation 115

Reputation Management Small Business Software Review 115

Startup Professionals Musings

DECEMBER 10, 2017

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Don’t let one incident, observation, rumor, or misunderstanding cause a rush to judgement, or hiring mistake.

Management 134

Management Analytics Open Source Hiring 134

Up and Running

MAY 17, 2016

That’s what turns planning into management, with a cycle I call P-R-R-R, for plan-run-review-revise. Taking steering one step further, let’s suggest that good planning, with milestones and metrics, is something like steering with the aid of a GPS. Metrics give you tracking and accountability.

Metrics 80

Metrics Social Media Business Plan Advertising 80

Duct Tape Marketing

MAY 11, 2022

Why Call Tracking Metrics Matter To Your Marketing Efforts written by John Jantsch read more at Duct Tape Marketing. One of my favorite episodes who should be your first hire, what's your funding plan, Dr. Lisa Cravin shares her top advice from building spotlight oral. Marketing Podcast with Todd and Laure Fisher. This is John Jantsch.

Metrics 85

Metrics Marketing Software Review Cofounder 85

Board Effect

FEBRUARY 14, 2024

Boards and organizational leaders who are serious about meeting DE&I goals also establish metrics and measurement processes to ensure that successes and challenges are tracked and reported. In other words, DE&I policies and practices must include metrics to gauge the success of those goals.

Metrics 52

Metrics Equity Software Review Leadership 52

Up and Running

OCTOBER 1, 2019

It might seem easier to put off thinking about your first essential new hires. Try to do it all and you’ll spend a lot of time learning new skills (that you’ll eventually hire for) when you should be focusing on growing your business. Hire someone who understands Generation Z (or your target demographic). A marketing maven.

Hiring 77

Hiring Technical Review Small Business Forecast 77

Up and Running

NOVEMBER 3, 2021

Both of these are paramount to the running of a business, and while they might seem to have some overlap, they look at two distinct metrics. There are a variety of good cash flow rules to follow for any business, such as keeping an eye on specific metrics that have large impacts on cash flow. Metrics and management.

Balance Sheet 81

Balance Sheet Management .Net Metrics 81

Mucker Lab

OCTOBER 10, 2023

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? If there are inbound leads, the situation is different; hiring an AE might be suitable if these leads align with the ideal customer profile.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

Startup Professionals Musings

MARCH 18, 2023

Don’t manage details and hold people accountable. Balance here comes again from the operational expert, who is very good at leading, managing, and holding people accountable. Tends to hire helpers and not develop talent. Good integrators are fanatical about problem resolution and making decisions.

Partner 206

Partner Cofounder Startup Bandwidth 206

Startup Professionals Musings

SEPTEMBER 22, 2023

Chip Bell and Ron Zemke, who are experts in this area, provide some of the best specific insights I’ve seen, in the classic book “ Managing Knock Your Socks Off Service.” You have to start with hiring only people who are willing and able to make serious customer service happen. Make your service deliver process “happy.”

Technical Review 249

Technical Review Salary Metrics Matching 249

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Use social media for early marketing.

Burn Rate 310

Burn Rate Hockey Stick Salary Social Media 310

Startup Professionals Musings

JANUARY 15, 2020

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. Modern information management tools. People relationship focus.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

Startup Professionals Musings

JUNE 17, 2020

Don’t manage details and hold people accountable. Balance here comes again from the operational expert, who is very good at leading, managing, and holding people accountable. Tends to hire helpers and not develop talent. Good integrators are fanatical about problem resolution and making decisions.

Cofounder 329

Cofounder Founder Bandwidth Matching 329

Steve Blank

OCTOBER 15, 2019

What had previously been a strength – their great management processes – now holds back their ability to respond to new challenges. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

Government 315

Government Technical Review Acquisition Metrics 315

Steve Blank

OCTOBER 10, 2023

Leading and managing people amid uncertainty, high degrees of change, and making decisions remain my day-to-day functions. In the Agency I dealt with a few difficult personalities focused on empire-building and metrics rather than running sound operations. Judgment remains paramount. You will get asked a question like this.

Government 174

Government CTO Hire Technical Review Advisory Board 174

Startup Professionals Musings

JANUARY 8, 2021

Chip Bell and Ron Zemke, who are experts in this area, provide some of the best specific insights I’ve seen, in the classic book “ Managing Knock Your Socks Off Service.” You have to start with hiring only people who are willing and able to make serious customer service happen. Make your service deliver process “happy.”

Technical Review 385

Technical Review Salary Metrics Matching 385

Startup Lessons Learned

DECEMBER 23, 2009

Lessons Learned by Eric Ries Wednesday, December 23, 2009 Why vanity metrics are dangerous In a previous post, I defined two kinds of metrics: vanity metrics and actionable metrics. In this post, Id like to talk about the perils of vanity metrics. My personal favorite vanity metrics is "hits."

Metrics 167

Metrics San Francisco Lean Continuous Deployment 167

Austin Startup

FEBRUARY 1, 2018

(Almost) everything you need to know (but are afraid to ask) before you wistfully ask a product manager to coffee so they will help you find a job. TL;DR Product management is a unique and poorly understood discipline, especially as it applies to software and other tech-related companies.

Management 85

Management Product Technical Review Software Review 85

The Startup Magazine

APRIL 25, 2023

Here are a few ways to align workforce planning with financial objectives: Conduct regular analyses of the costs: these costs are associated with hiring, training, and retaining employees. For example, HR can work with Finance to evaluate the cost-effectiveness of different hiring strategies.

Finance 128

Finance Retention Forecast Employee 128

Startup Professionals Musings

DECEMBER 27, 2019

Thus I was pleased to see the evidence confirming that perspective in a new book, “ The Amazon Management System ,” by Ram Charan and Julia Yang. In my view, every startup in today’s world would do well to adopt a management system with the same key objectives: Start with a customer-obsessed business model.

Global 308

Global Marketing Technical Review Algorithm 308

Board Effect

AUGUST 18, 2023

ESG Requires Scrutiny The practice of ESG means scrutiny on your own internal procedures: Are you hiring with diversity in mind? The credibility of your organization depends on identifying and managing these issues. That’s where technology in the form of board management software comes in.

Technical Review 52

Technical Review Technology Metrics Software Review 52

The Startup Magazine

OCTOBER 19, 2020

These days, instead of hiring an MBA from a big university, companies need Data Scientists. Instead of pursuing management and business studies, students are more interested to know how to become a data analyst. In this way, you can have the upper hand over the competitors if they do not invest in data management.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

YoungUpstarts

JANUARY 23, 2020

Who will manage the technology, if needed? Management on the day. On-site event management is the key to its success. You may want to hire someone specialised in running an event on the day. There will be a set of metrics to judge the success of this event. The starting point must be the planning of the event.

Social Media 148

Social Media Metrics Hosting Technical Review 148

This is going to be BIG.

AUGUST 31, 2011

At a board meeting yesterday, a management team was talking about their hiring needs and some of the challenges they're having hiring great people. Here's a simple tip: track hiring analytics and assign them to someone. If you're not interviewing enough people, you're not going to be able to hire someone--simple as that.

CTO Hire 113

CTO Hire Hiring Bandwidth Metrics 113

YoungUpstarts

JUNE 9, 2019

For many remote (and even regular) companies, company culture is something ethereal and abstract: while the most important metrics (customer engagement and satisfaction, employee turnover and retainment) are closely monitored, features like company culture are often neglected. by Denis Kryukov from Soshace.

Balance Sheet 150

Balance Sheet Web Development Software Engineering Retention 150

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Use social media for early marketing.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Steve Blank

JANUARY 17, 2023

I don’t have a killer idea, or a technical team, but I do know how to build, grow, and manage teams.”. These studios have different metrics than startup studios whose limited partners are private family offices or venture capitalists. Firms asking for greater than 60% are actually hiring an employee rather than a founder.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346