Startup Professionals Musings

JANUARY 17, 2022

I found some good lessons in this regard in a classic book, “ Becoming Facebook ,” by Mike Hoefflinger, the former Head of Global Business Marketing at Facebook. Too many choices confuse all customers, and make your job in marketing, distribution, and support much more difficult. Pick a single metric that is the focus for all growth.

Startup 361

Startup Social Media India Acquisition 361

Both Sides of the Table

NOVEMBER 14, 2017

We realized that operating a business in distributed markets presented multi-city coordination efforts that we weren’t prepared for. were more distributed. An example of the systems companies build are pricing & revenue management tools to best help to optimize yield.

Operations 286

Operations New York City Technical Review Startup 286

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? What metrics do we use to see if we learned enough in Customer Discovery ? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?”

Customer Development 228

Customer Development Web Developer Customer 228

Startup Professionals Musings

NOVEMBER 3, 2012

Kristin Zhivago, in her book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. Distribute an Executive Summary and Recommendations report, as well as transcripts of your interviews, to all the key players in your company. Marty Zwilling.

Technical Review 234

Technical Review Business Model Revenue Social Media 234

Startup Professionals Musings

NOVEMBER 24, 2017

What neither group seems to fully comprehend is that retail needs to fundamentally change to succeed, far beyond the addition of an online component, to meet the experience expectations of today’s generation, an oversupplied global marketplace, and technology for instant pricing and distribution. Look outside for benchmarks.

Customer 130

Customer eCommerce Non-Compete Technical Review 130

Startup Professionals Musings

NOVEMBER 7, 2022

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. Commit a source of internal or external seed funding.

Advisory Board 359

Advisory Board Incubator Dilution Agile 359

Startup Professionals Musings

AUGUST 25, 2011

Kristin Zhivago, in her new book “ Roadmap to Revenue ,” makes the point that the selling system is broken, since sellers no longer sell the way customers are buying. Distribute an Executive Summary and Recommendations report, as well as transcripts of your interviews, to all the key players in your company. Marty Zwilling.

Customer 242

Customer Technical Review Business Model Revenue 242

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. “Too Of the Inc. 5000 companies, only 6.5% raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

ConversionXL

NOVEMBER 10, 2020

Metrics for this depth are rare and only long-term. The metrics for this level are more concrete and objective. Distribution framework. Duarte used a mix of outlets and asset types when they launched Nancy Duarte’s “Slidedocs” book. Or, to think of it in another context: What does it mean to be healthy and fit?

Agile 139

Agile Social Media Audience Software Review 139

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 26, 2019

Sometimes that’s defensible distribution channels. Instead, watch payback period for acquisition efficiency, watch retention for product/market fit, watch expansion revenue for long-term growth, and watch gross margin for long-term profitability. There isn’t one most important SaaS metric. Priority depends on your goals (e.g.

Restful 202

Restful Founder Revenue Acquisition 202

Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. Financial summary : Project your revenue for the first few years. Companies that become a big subset of your revenue are likely strategic alliances, though, which is a later section. Competition.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Duct Tape Marketing

NOVEMBER 8, 2023

More About Jon Picoult: Learn more about Jon’s book, FROM IMPRESSED TO OBSESSED: 12 Principles For Turning Customers And Employees Into Lifelong Fans. He's also the author of a book called From Impressed to Obsessed 12 Principles for Turning Customers and Employees into Lifelong Fans. [19:52] What role will A.I.

Customer 73

Customer Technical Review Employee Artificial Inteligence 73

Both Sides of the Table

MARCH 25, 2016

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?

Startup 150

Startup Seed Money DC Software Review 150

Duct Tape Marketing

AUGUST 23, 2023

His book titled From Grassroots To Greatness: 13 Rules to Build Iconic Brands with Community Led Growth. Questions I ask Lloyed Lobo: [03:10] Was there some problem you were trying to solve that said I have to write this book? [07:05] 11:32] The subtitle of the book has 13 rules. Would you support that idea? [10:39]

Community 51

Community Kuwait Cofounder Bootstrapping 51

ConversionXL

SEPTEMBER 10, 2019

Two of the teams focused on the two main sources of revenue, one team on inbound leads, and the last team on site conversion rates. We were optimizing revenue from these campaigns by testing different versions. Suddenly, our revenue from these campaigns dropped by 50%. Growth teams have limited revenue potential.

Conversion 133

Conversion Technical Review Channel Engineer 133

ConversionXL

APRIL 3, 2019

At Booking, there is trust in the validity of the data, and decisions are visible to everyone. There are tons of metrics you can monitor: Conversion rate; Bounce rate ; Click-through rate ; Pageviews; Lead captures; Purchase conversion rate. Setting up your experiments for success: Define success metrics. Do your research!

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

Startup Professionals Musings

APRIL 15, 2019

I found some good lessons in this regard in a classic book, “ Becoming Facebook ,” by Mike Hoefflinger, the former Head of Global Business Marketing at Facebook. Too many choices confuse all customers, and make your job in marketing, distribution, and support much more difficult. Pick a single metric that is the focus for all growth.

Social Media 218

Social Media India Acquisition China 218

Duct Tape Marketing

DECEMBER 7, 2023

His book Digital Human (2017) championed the concept of prioritizing humans in the digital transformation. Today, our discussion centers around his latest book, “ Work, different: 10 Truths for Winning in The People Age.” 02:37] According to your book, what are the most significant truths about the people age? [04:21]

Employee 75

Employee Europe Leadership Technical Review 75

ReadWriteStart

JULY 18, 2011

He says that one is too lonely, two is good and three is a great number if they can combine their skills to cover design, development and distribution. He believes that equity need not be distributed equally, as long as everyone involved is happy with their arrangement. How to Hack the Investment World. The stages of funding.

Investment Bankers 153

Investment Bankers Technical Review Cofounder Due Diligence 153

Occam's Razor

FEBRUARY 6, 2018

Your digital performance dashboard has 16 metrics along 9 dimensions, and you know that the font-size 6 text and sparkline sized charts make them incomprehensible. Focus only on KPIs, eliminate metrics. Here are the definitions you'll find in my books: Metric : A metric is a number. Time on Page is a metric.

Metrics 263

Metrics Analytics Forecast Non-Compete 263

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Occam's Razor

MAY 2, 2017

There is no golden metric for everyone, we are all unique snowflakes! :). and tell you what are the best key performance indicators (metrics) for them. In the past I’ve shared a cluster of metrics that small, medium and large businesses can use as a springboard…. Every ecommerce site has to obsess about Revenue.

Metrics 141

Metrics Acquisition eCommerce Analytics 141

Up and Running

MAY 1, 2014

Milestones and Metrics. Distribution. For product companies, a distribution plan is an important part of the complete business plan. Distribution is how you will get your product into the hands of your customers. Here are a few common distribution models that you may consider for your business: Direct.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

ConversionXL

MARCH 4, 2016

We often talk about online conversion optimization without mentioning that many businesses, especially B2B, rely on offline sales to produce revenue. Sales enablement is the act of enabling salespeople to help them close more deals/bring in more revenue/hit their quota. The two aren’t disconnected, though. Image Source.

B2B 48

B2B Sales Technical Review Software Review 48

The Next Web

SEPTEMBER 15, 2013

In fact, I even co-wrote a book called APIs: A Strategy Guide a couple of years ago, further facilitating the use of those words in the API vernacular. In other words, the API is the target of a distinct business and opportunity (with its own metrics), which will then have a range of tactics to support it. The problem: “API Strategy”.

API 135

API Audience Dividend Programming 135

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 25, 2016

We’ve talked about this before in the context of SaaS metrics. As a real-life example, in the six products we had at Smart Bear, it turned out just one of them generated 100x the revenue of all the others put together , and thus focussing on any priority other than the one product, was a waste of time.

Differentiation 120

Differentiation Framework Restful Software Review 120

ConversionXL

MAY 19, 2020

Or maybe it’s your keyword well that’s reaching its limits, leaving you with plenty of ideas, but no clear path forward about how to prioritize them or the distribution channels for which they’re best suited. Map these metrics to the appropriate funnel stages, as well as the content types most commonly used to support them.

Differentiation 129

Differentiation Sales Email Metrics 129

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Professionals Musings

APRIL 14, 2017

I found some good lessons in this regard in a new book, “ Becoming Facebook ,” by Mike Hoefflinger, the former Head of Global Business Marketing at Facebook. Too many choices confuse all customers, and make your job in marketing, distribution, and support much more difficult. Pick a single metric that is the focus for all growth.

Social Media 163

Social Media India Acquisition China 163

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

ConversionXL

MAY 27, 2022

Then they increased their revenue from $2M to $6M in six months. In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the sale cycle, and generates revenue. Stage 1: Target the right metrics for an effective long game. Metrics for your demand generation funnel.

Demand 124

Demand B2B Distribution Channel 124

Steve Blank

NOVEMBER 21, 2015

Evangelos and I are working on what we hope will become a book about the new model for corporate entrepreneurship. and concentrated on a single part of the supply chain – importing, distribution, wholesale, retail. He’s now helping companies get the most out of their relationships with Silicon Valley.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Up and Running

FEBRUARY 17, 2016

Where in your area will you find land or a building with the right zoning, size, facilities, and access for bringing in raw materials, attracting customers, and/or shipping out finished beer for distribution? How wide do you want to grow production and distribution, or do you want to focus on selling over your own bar?

Oregon 60

Oregon Jordan SBA Cofounder 60

YoungUpstarts

JUNE 17, 2020

Most times though, ticket sales will contribute to the bulk of event revenues. The venue management module should ideally incorporate catering, logistics, and resources management while allowing booking venue rooms and tables for the event. Event Ticketing. Events can be funded in multiple ways. Onsite Check-in.

Software 147

Software Management Social Media Analytics 147

ConversionXL

NOVEMBER 6, 2017

In any experiment, some metric within some group usually changes, but whether we’ve invested in the statistical rigor to discover it is another question altogether.”. Knowing these finer details can help meaningfully shift your metrics in a positive direction, where they may have once been plateauing. Image Source. Conclusion.

Chad 112

Chad Mobile Technical Review Aggregator 112

Austin Startup

MARCH 26, 2019

Important metrics to track include customer count, average order value (AOV), retention or repeat purchase rate, ad spend, paid CAC, weighted average CAC, rolling LTV estimates, and more. children’s picture books, which parents will purchase for several years of a child’s life?—?, This serves as the tracking tool for unit economics?

Technical Review 49

Technical Review Software Review China Acquisition 49

ConversionXL

OCTOBER 21, 2014

When I wrote my second book – “ Digital Analytics Primer ” – I wanted to to introduce people to a perspective on how to learn the concepts and execute value-creating analyses. Here are the highlights: Only 2% of companies are tracking lead generation to sales metrics. What Do You Do About Conversion?

Analytics 113

Analytics Software Review Metadata Campaign 113