Occam's Razor

SEPTEMBER 24, 2012

FBe's recommendation was (paraphrasing a 35 min talk): Don't invent new metrics, use online versions of Reach and GRPs to measure success. Because we don't understand the uniqueness, we fall back on profoundly sub-optimal old world metrics like Reach or Online GRP equivalents. Metrics are a problem.

Metrics 165

Metrics Advertising Marketing Social Media 165

Startup Professionals Musings

APRIL 21, 2023

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Startup Professionals Musings

JULY 25, 2020

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management.

Intellectual Property 360

Intellectual Property Social Network Metrics .Net 360

Startup Professionals Musings

MAY 30, 2022

In addition to fresh products, you need people smarter than you for real help, with the right combination of skills, experience, and passion to foster and manage new growth. Managing business growth is more than metrics. Separate management from leadership, and provide both. Build a winning culture and make it pervasive.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Up and Running

AUGUST 24, 2020

Simply put, IoT is a combination of sensor and data analytics systems, helping businesses aggregate metrics to make more accurate decisions. In the supply chain management space, businesses are leveraging these data sources in app development for smart inventory management, logistics, and merchandising. 5G Network.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Startup Professionals Musings

OCTOBER 18, 2010

Understand the basic tools – the social media trinity. Blogging (Wordpress), micro-blogging (Twitter), and social networks are the trinity. Key social networks are Facebook (500 million consumers) and LinkedIn (60 million professionals). Put your social network links on your stationery, business cards, and email.

Social Media 238

Social Media Media Startup Social Network 238

Startup Professionals Musings

JANUARY 26, 2022

Richard Branson , who manages many companies, even provides feedback by walking around the cabin and talking directly to his key staff during his Virgin flights. Make sure they are seen as based on metrics, and belong to the performer. It’s your challenge to learn how to use social networks and video facilities effectively.

Leadership 362

Leadership Social Network Metrics Employee 362

Startup Professionals Musings

JANUARY 15, 2022

If you are selling to consumers, especially younger ones, your business won’t survive without an effective social media presence. For some customers and many investors, a heavy focus on social networks and viral marketing may be a negative, rather than a positive. Attracting key stakeholders requires sensitivity.

Social Media 315

Social Media Media Startup Analytics 315

Duct Tape Marketing

NOVEMBER 19, 2015

Social Customer Service Metrics: 3 Case Studies written by Guest Post read more at Duct Tape Marketing. How has marketing changed thanks to social media? The sheer volume of conversation going on allows businesses to analyze metrics and adjust customer service and marketing based on the numbers (i.e. photo credit: Flickr.

Metrics 28

Metrics Customer Social Media Idaho 28

Reid Hoffman

JUNE 28, 2016

This essay originally appeared on MIT Sloan Management Review as part of their Frontiers Essay Series. Each essay is a response to this question: “Within the next five years, how will technology change the practice of management in a way we have not yet witnessed?”. • • •. Data-driven performance management.

Artificial Inteligence 51

Artificial Inteligence Management Technical Review Matching 51

SoCal CTO

MARCH 5, 2007

However, Elgg could power 100,000 networks and it would make no difference - there is no revenue stream as we give everything away under a GPL license. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Marketing, Startups and Networking in Los Angeles.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

ConversionXL

SEPTEMBER 9, 2021

Regardless of which way social media networks move the goalposts, if you base your marketing strategy on relationships and communication, you’re well-positioned to get noticed and grow a loyal following. Build a new social media marketing strategy from what you already have. However, its tone of voice differs slightly.

Social Media 142

Social Media Media Developer Marketing 142

Version One Ventures

SEPTEMBER 19, 2012

Your business has a high viral co-efficient (or perhaps even a network effect) that lets you amass users cheaply without worrying too much about the monetization per user or spending money on paid acquisition. As a VC, the biggest challenge in evaluating LTV models is that metrics can dramatically change at scale.

Churn Rate 168

Churn Rate Viral Acquisition Cofounder 168

SoCal CTO

JUNE 9, 2010

While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: social networking, mobile operating systems, web browsers, office apps, and so on. it’s about measuring online influence and I’m big on metrics as a key element of business planning; 2.)

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Transformify

JULY 24, 2019

Quarterly Diversity Score Card Metrics are published to the I&D council for review of metrics like e.g. Hiring, Key Business Roles, Attrition, Gender Pay Parity, Promotions, and Rating Spread. We have leveraged technology not only to aid us in the hiring process but also in creating online platforms to sensitize managers.

Technical Review 61

Technical Review Software Review Hiring Campaign 61

SoCal CTO

MARCH 22, 2007

Its also been interesting to see the interaction of tools involved - Social Networking, Blogging and a Discussion Group. See Supporting New Managers and What Would You Do to Support New Managers? The level of resumes we get through our LinkedIn networks is top notch. See Five Things Meme as an example.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

ConversionXL

JANUARY 30, 2013

According to a report by Nielsen on social media Americans spend three times more time on social media than reading their e-mail. of online time is spent reading e-mail and 23% on social. The juicy bit of the study is that more than 70% of social networks users shop online. Wrong metric. Black Friday data.

Social Media 134

Social Media Sales Media Social Network 134

crowdSPRING Blog

JANUARY 18, 2013

Good discussion about the tension between being a maker and manager … Becoming A Boss - [link]. Good discussion about the tension between being a maker and manager … Becoming A Boss - [link]. The 6 Marketing Metrics Your CEO Actually Cares About [Cheat Sheet] | Hubspot Blog - [link].

Social Media 94

Social Media Small Business Design Media 94

Agile VC

MAY 26, 2011

Online social networking is a concept still being evangelized even in Silicon Valley… Friendster is in private beta (wasn’t until Oct 2003 they received Google acquisition offer which they turned down for Kleiner/Benchmark round). First and foremost, we believed there would be a “professional” social network.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Startup Professionals Musings

SEPTEMBER 1, 2019

In addition to fresh products, you need people smarter than you for real help, with the right combination of skills, experience, and passion to foster and manage new growth. Managing business growth is more than metrics. Separate management from leadership, and provide both. Build a winning culture and make it pervasive.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

SoCal CTO

FEBRUARY 17, 2007

Sometimes, Ill use LinkedIn to contact my network, but mostly I still just go to their profile and email them. When I recently was looking to find people who had experience with using social networks to reach people for what might be considered guerilla marketing efforts, again LinkedIn worked great.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Professionals Musings

NOVEMBER 29, 2019

As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. In all cases, people management and leadership are key.

Intellectual Property 317

Intellectual Property Entrepreneur Bootstrapping Salary 317

Version One Ventures

SEPTEMBER 28, 2015

A few months ago, we wrote about the data we focus on to evaluate marketplaces and later shared a marketplace KPI dashboard that we created to guide founders on the important metrics they should track. As we have been developing our investment thesis on social platforms , we want to provide the similar information and tools.

Metrics 60

Metrics Churn Rate Due Diligence Social Network 60

Startup Professionals Musings

AUGUST 18, 2018

The most common proposals I hear are for yet another social networking site ( over 200 exist ), or another dating site (over 2500 in the US alone). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management.

Intellectual Property 160

Intellectual Property Entrepreneur Metrics .Net 160

Startup Professionals Musings

APRIL 13, 2019

If you are selling to consumers, especially younger ones, your business won’t survive without an effective social media presence. For some customers and many investors, a heavy focus on social networks and viral marketing may be a negative, rather than a positive. Attracting key stakeholders requires sensitivity.

Social Media 199

Social Media Media Analytics Viral 199

Duct Tape Marketing

SEPTEMBER 12, 2017

Website Grader – A free online tool that grades your site against key metrics like performance, mobile readiness, SEO, and security. SimilarWeb – See website traffic and key metrics for any website, including engagement rate, traffic ranking, keyword ranking and traffic source. Are social icons featured on your website?

Software Review 64

Software Review Technical Review SEO Reputation 64

crowdSPRING Blog

JANUARY 20, 2019

But as a business grows, managing growth and organizing information becomes increasingly more difficult. But if you want your business to succeed, you must evolve the way you manage your business to match the growth of the business. That’s where a Customer Relationship Management (CRM) solution can help. Why a CRM?

Small Business 61

Small Business Social Media Software Review California 61

David Teten

SEPTEMBER 23, 2017

An investor had few hard metrics other than the actual financials, and little technology to make the process scaleable. Over the past few decades, better metrics became available, and investors could take a more analytical, data-driven approach. ” Historically, investing was a manual, artisan process. 2) Raise capital.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Occam's Razor

APRIL 8, 2013

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. That metric is tied to a KPI.

Metrics 156

Metrics Analytics Lean Churn Rate 156

Startup Lessons Learned

AUGUST 31, 2015

Prerna began her startup journey after leaving a job as a management consultant, and launched Yaari, a youth-oriented social network in India. She shares: “We now use metrics like cost-per-learning and validation velocity to show progress since traditional things like ROI weren’t applicable.”

Lean 60

Lean United States Fractional CTO Startup 60

Genuine VC

JULY 19, 2010

But leveraged distribution via platforms (organic/paid search, social networks, mobile devices) and self-service monetization (ad networks, app stores, payments) is what has truly empowered startups to become real scalable businesses on very small amounts of initial capital.

Seed Stage 175

Seed Stage Technical Review Dilution Offshore 175

Startup Professionals Musings

OCTOBER 2, 2013

If you are selling to consumers, especially younger ones, your business won’t survive without an effective social media presence. For some customers and many investors, a heavy focus on social networks and viral marketing may be a negative, rather than a positive. ROI entrepreneur startup metrics social media business'

Social Media 252

Social Media Media Entrepreneur Metrics 252

ConversionXL

FEBRUARY 12, 2019

Cohort analysis can be done for revenue, churn, viral word of mouth, support costs, or any other metric you care about. Cohort metrics can help drive more repeat customers. This metric reveals the longer-term relationship. With a strategy in place to boost repeat purchases, occasional spikes in CACs will be more manageable.

Retention 126

Retention Analytics Campaign eCommerce 126

ctotodevelopers.blogspot.com

JULY 11, 2012

Social, Agile, and Transformation. social networking, SaaS, content management, media, enterprise 2.0 decide on success metrics, measure, and then decide if additional investment is warranted. Product owners and technical managers also need to interpret this scenario properly. and business transformation.

Agile 40

Agile Architecture Offshore Software Developers 40

Haystack

JULY 4, 2019

Contrast that with a fund manager, who is often required to issue quarterly capital account statements usually paired with a cover note and updates on specific companies. For me, I am pretty zen about this after six years of early-stage startup investment. The investors don’t own or run the company.

Early Stage 167

Early Stage Deal Flow Finance Metrics 167

Startup Professionals Musings

AUGUST 14, 2016

The most common proposals I hear are for yet another social networking site ( over 200 active ), or another dating site (over 2500 in the US alone). It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management.

Intellectual Property 161

Intellectual Property Metrics .Net Social Network 161

Up and Running

AUGUST 17, 2012

What happens when you combine smartphone applications, monitoring technology, social networks and your productivity-sapping bad habits? Self-quantifiers track everything from calories to social influence, finding significance and self-transformation in the sea of data points. Little by little, those habits start to disappear.

Metrics 97

Metrics Entrepreneur Social Network Social Media 97