article thumbnail

5 Ways To Boost Employee Engagement Through Technology

YoungUpstarts

By understanding employee engagement , you can enhance productivity, improve retention in demanding fields and deliver higher quality products and services. Allowing someone to check their phone at reasonable times or browse the internet during breaks might actually cut down on distractions.

Employee 147
article thumbnail

5 Considerations For Driving Growth In A New Business

Startup Professionals Musings

Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. These days, you need customer evangelists who see the value and will pull in their friends through viral actions to keep the business growing. High customer loyalty and high team passion.

Valuation 235
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why The Haters are Wrong About Growth Hacking

Both Sides of the Table

We spend a lot of time trying to get people focused on building products that have viral components and why that has to be measured and constantly tested. I have seen many teams pour tons of money, time and effort into PR strategies without thinking about how product tweaks could drive more consumption, more retention and more referrals.

article thumbnail

5 Strategies For Balancing Revenue Versus User Growth

Startup Professionals Musings

Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention, and high revenue per employee. These days, you need customer evangelists who see the value and will pull in their friends through viral actions to keep the business growing. High customer loyalty and high team passion.

Revenue 434
article thumbnail

How To Ensure Your Startup Team Is Growth Hacking Not Copying

Brandanew

The all encompassing Internet does provide opportunities but not when we create a content stealing epidemic. Sure-shot way to lose trust and potential customers (even if your terrible response does not become viral). Raj_S Hi Raj, fair enough, a retention mail & request to help make something great have the same pitch.

Curation 100
article thumbnail

A Path to the Minimum Viable Product

Steve Blank

In other words, you prove retention. With both growth and retention, you earn the right to build more. Most people only know Roku for their TV devices, but Roku initially shipped an audio device for Internet radio stations and a PhotoBridge product to get digital photo libraries to the TV. We call it an MVP tree.

Product 436
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. But its not really viral growth, even when its exponential.