TechEmpower
JULY 31, 2023
Look at different customer acquisition channels, how they are converting, and the expected lifetime value of customers acquired through those channels. Apply costs to each channel. Finally, review the numbers with your partners. We need to make sure we have these numbers. Don’t overcomplicate things with reporting tools.
Startup Professionals Musings
AUGUST 24, 2022
As I recently watched an episode of “ Shark Tank ,” I realized that the shark investors focus on your responses to these questions is also a credibility test on your business savvy, as it leads to other relevant questions on margins, channels, and your understanding of key customer forces. Outside partners and channel impacts are complex.
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TechEmpower
JULY 24, 2023
Are there other founders, business leaders, partners, or administrators? What channels will you use (e.g., Content Management How often will the application’s content need to change? A Product Manager? Do you have the internal staff to manage changes? What’s been done so far to validate the concept?
Startup Professionals Musings
OCTOBER 11, 2023
Another way of encouraging change is to give team members more autonomy to make their own decisions, without micromanagement by you or other managers. This also applies to key customers as well as strategic partners. Solicit partners with complementary strengths. Position challenges as future growth opportunities.
The Startup Magazine
AUGUST 2, 2022
Inboxes can be flooded daily, especially for companies, as they liaison with partners, colleagues, clients and customers. . Still, firms must continue to not only receive regular mail but to manage it effectively. Read on for some tips to help you manage your regular mail more effectively. . Commit to Recycling.
Startup Professionals Musings
OCTOBER 6, 2023
For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. Visit reference customers, partners, and vendors. This is the mysterious and dreaded due diligence process, which can kill the whole deal.
Startup Professionals Musings
NOVEMBER 30, 2022
Just like you can’t start a business alone, you can’t scale the business without external partners with expertise and access to specific customer sets, channels, manufacturing, and support. Managing people and results require the ability to track progress and reward the right people. Keep the focus on efficiency and growth.
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