Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Poor communication and visibility from the top.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Startup Professionals Musings

FEBRUARY 6, 2021

I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. Here are ten of the key questions that apply equally well to the world of startups and entrepreneurs, as they do to large organizations.

Metrics 387

Metrics Technical Review Leadership Framework 387

Duct Tape Marketing

MAY 11, 2022

Why Call Tracking Metrics Matter To Your Marketing Efforts written by John Jantsch read more at Duct Tape Marketing. One of my favorite episodes who should be your first hire, what's your funding plan, Dr. Lisa Cravin shares her top advice from building spotlight oral. Marketing Podcast with Todd and Laure Fisher. This is John Jantsch.

Metrics 84

Metrics Marketing Software Review Cofounder 84

Startup Professionals Musings

OCTOBER 14, 2022

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. I have paraphrased his key points here as follows: Leader personal impact.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

DECEMBER 30, 2022

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Define realistic metrics to keep track of progress.

Technical Review 252

Technical Review Silicon Valley Software Review Metrics 252

Both Sides of the Table

APRIL 4, 2011

Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. And the more public you can make your goals for these key metrics the better. You will likely have multiple sets of metrics you keep depending on the company’s stage, one’s function in the company and level.

Metrics 346

Metrics Startup Acquisition SEM 346

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

SEPTEMBER 22, 2023

Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. It’s a tough job, and inexperienced entrepreneurs just don’t know where to start, and how to do it. Yet the average perception of customer experience has not improved.

Technical Review 249

Technical Review Salary Metrics Matching 249

Startup Professionals Musings

MARCH 18, 2023

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. Most true visionary entrepreneurs have unusual energy, creativity, enthusiasm, and a propensity for taking risks.

Partner 206

Partner Cofounder Startup Bandwidth 206

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cashflow personally every day.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Hearpreneur

DECEMBER 29, 2021

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients, or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. One of the key metrics of success in Real Estate is having a large market share.

Entrepreneur 138

Entrepreneur Social Media Employee Los Angeles 138

Up and Running

OCTOBER 1, 2019

Like many fledgling entrepreneurs, you might be thinking that you’ll need to wear not just multiple hats , but all the hats, when you’re first starting out. It might seem easier to put off thinking about your first essential new hires. Hire someone who understands Generation Z (or your target demographic). A marketing maven.

Hiring 77

Hiring Technical Review Small Business Forecast 77

Startup Professionals Musings

JUNE 17, 2020

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. Most true visionary entrepreneurs have unusual energy, creativity, enthusiasm, and a propensity for taking risks.

Founder 329

Founder Cofounder Bandwidth Matching 329

Steve Blank

JANUARY 17, 2023

Most are founded and run by experienced entrepreneurs that have previously built companies and who understand the difference between theory and practice. It’s a company that creates multiple startups in-house, then finds entrepreneurs who take them over to grow them. Why Would an Entrepreneur Join a Venture Studio?

Technical Cofounder 362

Technical Cofounder Intellectual Property Technical Review Incubator 362

Startup Professionals Musings

JANUARY 8, 2021

Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. It’s a tough job, and inexperienced entrepreneurs just don’t know where to start, and how to do it. Yet the average perception of customer experience has not improved.

Technical Review 385

Technical Review Salary Metrics Matching 385

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Hearpreneur

JANUARY 19, 2022

We asked entrepreneurs and business owners about the pivot they are making as a result of the pandemic and here are the responses: #1- Social media marketing. We had to make the difficult decision to cut down on staff and this allowed us to hire workers at lower rates. 11- Paying attention to metrics. Photo Credit: Shiv Gupta.

Entrepreneur 120

Entrepreneur Metrics Technical Review North America 120

Hearpreneur

JANUARY 25, 2023

We asked entrepreneurs and business owners about the companies they’re starting in 2023 and here are the responses. #1- This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. With time you can hire local artisans to expand your business.

Software Review 118

Software Review Technical Review Artificial Inteligence Entrepreneur 118

Startup Professionals Musings

JANUARY 15, 2020

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. I have paraphrased his key points here as follows: Leader personal impact.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

Startup Lessons Learned

DECEMBER 23, 2009

Lessons Learned by Eric Ries Wednesday, December 23, 2009 Why vanity metrics are dangerous In a previous post, I defined two kinds of metrics: vanity metrics and actionable metrics. In this post, Id like to talk about the perils of vanity metrics. My personal favorite vanity metrics is "hits."

Metrics 167

Metrics San Francisco Lean Continuous Deployment 167

View from Seed

MARCH 24, 2021

In this comprehensive template and guide we break down each of the nine core sections in the deck: intro , team , what do you do , is it working , why does it matter (market) , can you be the best in the world (product, growth, financial metrics) , where are you going , what do you want (the ask) , and appendix. ” (Lee Hower).

Seed Stage 177

Seed Stage Hiring IPO Analytics 177

The Startup Magazine

SEPTEMBER 21, 2020

We interviewed Mr. Abraham Gin, an entrepreneur, business coach, and CEO of Gin Consulting Group , which provides unique leadership development and training platforms. TSM: Going back to your early career decisions, tell us what factors influenced your decision to be an entrepreneur? Quality control?

Leadership 167

Leadership Founder Technical Review Entrepreneur 167

Startup Professionals Musings

JUNE 18, 2016

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. Most true visionary entrepreneurs have unusual energy, creativity, enthusiasm, and a propensity for taking risks.

Cofounder 120

Cofounder Founder Entrepreneur Startup 120

Startup Professionals Musings

DECEMBER 27, 2019

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. They present a convincing story that every entrepreneur has the same potential, but most get sidetracked and bogged down by their technology, competitors, and internal organization.

Global 308

Global Marketing Technical Review Algorithm 308

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Desperate entrepreneurs lose their leverage and die young. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

The Startup Magazine

FEBRUARY 2, 2023

Secondly, I want other entrepreneurs and women to learn from the authors’ successes and failures in their business journeys. The metrics in these reports should be monitored periodically. TSM: Going back to your early career decisions, tell us what factors influenced your decision to be an entrepreneur yourself?

Founder 167

Founder Technical Review Balance Sheet Analytics 167

The Next Web

MARCH 10, 2013

If you’re an entrepreneur, you’re probably measuring everything you possibly can about your business and your product. For entrepreneurs, there is always too much to do, too many things to take care of, and too many tasks to prioritise. Now an entrepreneur, I’ve come full circle. Sleep101 (iOS; free).

Entrepreneur 140

Entrepreneur Fractional CTO CTO Hire Stealth 140

Startup Professionals Musings

OCTOBER 25, 2014

I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. Here are ten of the key questions that apply equally well to the world of startups and entrepreneurs, as they do to large organizations. Marty Zwilling.

Metrics 271

Metrics Technical Review Leadership Framework 271

Startup Professionals Musings

FEBRUARY 5, 2020

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. Too many entrepreneurs think that expert external advisors are suspect, or will slow them down.

Entrepreneur 328

Entrepreneur Startup Dividend Flash 328

Startup Professionals Musings

JUNE 7, 2020

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Show that you have a process to hire, fire, and train others as required.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

AUGUST 27, 2014

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Use metrics to measure results of marketing initiatives. In reality, all risks are not the same. Customers like leaders, not followers.

Startup 283

Startup Forecast Stock Options Technical Review 283

Startup Professionals Musings

APRIL 21, 2023

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. An entrepreneur looking for a sure thing will never innovate. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Startup Professionals Musings

DECEMBER 10, 2017

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Don’t let one incident, observation, rumor, or misunderstanding cause a rush to judgement, or hiring mistake.

Management 134

Management Analytics Open Source Hiring 134

Startup Professionals Musings

FEBRUARY 17, 2018

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Use metrics to measure results of marketing initiatives. In reality, all risks are not the same. Customers like leaders, not followers.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

YoungUpstarts

NOVEMBER 19, 2020

by Michelle Seiler Tucker , author of “ EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit “ Successfully starting and growing a business can be a tough challenge for even the most adept entrepreneurs. Finally, hiring the right M&A Advisor to guide you through the process can help in achieving a maximum profit.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

Hearpreneur

JANUARY 4, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 19- Metric accountability. 1- Recruit female executives recruitment.

Entrepreneur 123

Entrepreneur Social Media Vertical SEO 123

Duct Tape Marketing

APRIL 14, 2024

How to Hire a Fractional CMO: The Smart Way to Scale written by John Jantsch read more at Duct Tape Marketing Are you looking at your business goals and feeling your marketing strategy just isn’t cutting it? This is where hiring a fractional CMO can make a significant difference. When should I hire a fractional CMO?

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Hiring Leadership Differentiation Cost 78