article thumbnail

Leaving Government for the Private Sector – Part 1

Steve Blank

In the Agency I dealt with a few difficult personalities focused on empire-building and metrics rather than running sound operations. Read the rest of Laura’s blogs at [link] Judgment remains paramount. You likely will still deal with this in industry, though there are far fewer layers and entrenched interests to deal with.

article thumbnail

10 Business Practices Owners Often Learn The Hard Way

Startup Professionals Musings

Go home until your mind is rested and positive. Use metrics on key deliverables to assure quality results. Establish an advisory board of experienced peers. If you have had a bad day, or are in a negative state of mind, skip any tough negotiation sessions with partners and personnel discussions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

These people can become toxic to the rest of the team. Other times, the founding team may pull together a good core management team, but lack a comprehensive strategy to address the extended team: the board of directors, customer advisory board, products council, employee advisory group and so on.

Framework 127
article thumbnail

The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

These people can become toxic to the rest of the team. Other times, the founding team may pull together a good core management team, but lack a comprehensive strategy to address the extended team: the board of directors, customer advisory board, products council, employee advisory group and so on.

Framework 113
article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

What metrics do we use to see if we learned enough in Customer Discovery ? I gave my boilerplate answer, “I’m a product guy and I tend to invest and look at deals that have measurable revenue metrics. Dave McClure has some great metrics…” It was an honest but vaguely unsatisfying answer. It is related to business model.

article thumbnail

Best of Breed

thebarefootvc

Slice and dice this landscape according to different features/metrics that you think are important to your CUSTOMER. Or at least get some of them on your advisory board. A competitive landscape (particularly when laid out in a visual way) will identify gaps and opportunities in the market.

article thumbnail

These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Include Advisory Board members and key industry people connections. Rest assured that potential investors will ask for names, and place some calls. Financial forecast and metrics.