article thumbnail

8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Even though many of these can be mitigated by testing and early customer feedback , you will find that it pays big dividends to do your homework before building and rolling out every new initiative: In today’s customer data overload, marketing is essential. Customers won’t buy what they can’t find or don’t understand.

Product 354
article thumbnail

What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Today I’d like to talk about what startup communities outside of Silicon Valley look like, how they emerge and what makes them take hold. Most of what I think about startup communities came from mentorship by Brad Feld through hours of private discussion and debate. Think Fred Wilson, Tony Hsieh or Brad Feld.

Community 378
Insiders

Sign Up for our Newsletter

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

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

His work on VC and small communities can be found at greatercolorado.vc/blog. Similarly, when Flexible VC structures are based off of the founder’s own compensation (often via salary or dividends), investors are specifically tying their returns to the financial success of the founder. Lower level of community familiarity.

article thumbnail

6 Steps To Creating Communities That Enable People To Achieve The Unimaginable

YoungUpstarts

These findings struck a chord with us because we recently coauthored a book called “ The Courage to Go Forward: The Power of Micro Communities ” about how passionate, tight-knit groups of people can empower others to confront their fears, set new goals and forge paths they may not have pursued alone. To start: 1.

Community 100
article thumbnail

Three Leadership Pitfalls To Avoid While Leading In This Crisis

YoungUpstarts

It’s the nurses, doctors, supermarket cashiers, EMTs, truck drivers, and countless other helpers and community volunteers who are performing acts of heroism day after day. The investment you make in these relationships upfront will pay dividends in the weeks, months and years ahead.

article thumbnail

Best Financial Practices for Healthcare Organizations

Board Effect

Determine how to dispose of surplus funds-dividend declaration, retained profits, etc. Sound financial practices will help position your healthcare organization to grow and expand its programs and treatments with the ultimate goal of serving your community.

article thumbnail

6 Demands Of Today’s Me-Centric Customers On Startups

Startup Professionals Musings

The initiative has paid big dividends in customer loyalty and advocacy, as well as employee team spirit. Community – make me feel part of something bigger. For example, at every Ritz-Carlton , employees are empowered to spend up to $2,000 per guest to overcome any negatives and make a stay more memorable.

Demand 315