Both Sides of the Table

APRIL 4, 2011

You Manage What you Measure. One of the things I discuss the most with the portfolio companies I’m involved with is that “you manage what you measure.”. Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. On measurement. You’ll have no idea when you’re off course.

Metrics 346

Metrics Startup Acquisition SEM 346

Austin Startup

SEPTEMBER 2, 2021

It’s that time of year when Startup CEOs are building their 2022 Revenue Plan. As someone who has built sales models- and has also been responsible for hitting them- here are some tips for incorporating your Sales team’s perspective into your 2022 Model. All of this is a part of the daily calculus of running a Sales Org.

Revenue 72

Revenue Retention Forecast Sales 72

Startup Professionals Musings

MARCH 31, 2023

Selecting the right sales channels is one of the first strategic decisions that every startup faces. Hidalgo recommends a focus on engagement stage indicators including customers by channel, conversion ratio, and cost per revenue. Lead management performance. Demand generation revenue performance.

Demand 256

Demand Metrics NPV Net Present Value 256

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Social media is not rocket science.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Incentives should be a combination of metrics and recognition to highlight results. Incent and reward employees who delight customers.

Customer 369

Customer Technical Review Metrics Employee 369

Startup Professionals Musings

DECEMBER 14, 2013

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. 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. Include planned measurements and metrics.

Revenue 263

Revenue Startup Technical Review Business Model 263

Duct Tape Marketing

SEPTEMBER 4, 2023

Small Business Metrics to Track: Measuring Success The Right Way written by John Jantsch read more at Duct Tape Marketing Are you tracking the right metrics that truly measure your definition of success? 5 Metrics-Focused Tips for Small Business: How to Achieve Meaningful Marketing Goals 1.

Metrics 57

Metrics Small Business Software Review Green 57

Up and Running

NOVEMBER 3, 2021

Both of these are paramount to the running of a business, and while they might seem to have some overlap, they look at two distinct metrics. There are a variety of good cash flow rules to follow for any business, such as keeping an eye on specific metrics that have large impacts on cash flow. Metrics and management.

Balance Sheet 81

Balance Sheet Management .Net Metrics 81

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. My guests today are Todd and Laure Fisher, their husband and wife co-founders of Call Tracking Metrics company. Marketing Podcast with Todd and Laure Fisher. This is John Jantsch. So it's has a much, it, it works better.

Metrics 85

Metrics Marketing Software Review Cofounder 85

ConversionXL

JUNE 16, 2022

Stacked Marketer turned a free newsletter into a six-figure revenue generator by staying actionable, convenient, and entertaining. In this article, we’ll explain how to create a marketing playbook to align your teams and boost your sales opportunities. top-of-the-funnel for raising awareness or button-of-the-funnel for driving sales).

Campaign 149

Campaign CTO Marketing Social Media 149

The Startup Magazine

OCTOBER 19, 2020

Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth. Instead of pursuing management and business studies, students are more interested to know how to become a data analyst. you can align your products’ improvements.

Technical Review 150

Technical Review Forecast Analytics Social Media 150

Up and Running

OCTOBER 23, 2020

Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also called variance analysis, is essential to better business management. And planning means tracking the actual results , comparing them to the original plan, and managing the difference. What is plan vs actual? Start with your plan.

Management 117

Management Forecast Software Review Balance Sheet 117

Startup Professionals Musings

MARCH 6, 2021

Many startups see initial revenue from customers, and love the fast growth, but fail to anticipate the cost of early vendor payments, monthly overhead costs, and later taxes. A required metric is average days to payment compared to expectations. Considering the job done once a client has been invoiced. Marty Zwilling.

Technical Review 379

Technical Review Finance Startup Salary 379

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Social media is not rocket science.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

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. I can see the correlation, but the conclusion implies a causality that may or may not be there ("the product sales exceeded all internal projections!"). Facebook works.

Metrics 165

Metrics Advertising Marketing Social Media 165

VC Cafe

MARCH 1, 2024

Personal Finance Cross-account visibility and management – Today’s AI products can analyze and move money between accounts – as agents improve, they will make trades across accounts. AI – tax planning or wealth management augmented and in some cases replaced with AI. Complex transactions move from services ?

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

David Teten

NOVEMBER 26, 2019

Instead of budget approvals, monitor key metrics and give managers more flexibility. How should a growth company manage their budget? So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility.

Agile 60

Agile Management Forecast Silicon Valley 60

ReadWriteStart

JULY 20, 2023

By integrating seamlessly with electronic health records and practice management software, Collectly enhances patient billing operations and automates various aspects of the payment collection workflow. Since then, Collectly has grown significantly, engaging over 300,000 patients daily and consistently increasing its revenue year over year.

ChatGPT 118

ChatGPT Artificial Inteligence Retention Technical Review 118

YoungUpstarts

NOVEMBER 2, 2020

It adopts Agile’s process management techniques, such as daily standups, to coordinate a team’s work and uses visual tools, called Kanban boards, to track work in progress. One client said it helped them because they hadn’t made long-term commitments to advertising buys, and it was easy to cut back spending when their revenues declined.

Agile 264

Agile Marketing Campaign Sales 264

Up and Running

OCTOBER 17, 2014

For many small business owners – especially those who have turned a passion or hobby into a business – tracking metrics and numbers is a chore. The most simple financial metrics are the most important to keep track of. This will include things like cash flow metrics and various financial statement metrics.

Metrics 106

Metrics Small Business Software Review Forecast 106

Up and Running

DECEMBER 16, 2021

Metrics such as discretionary cash flow or business revenue are used. A company’s goodwill might be worth 2x more than the discretionary cash flow, or the accounting practice’s value might be worth 1 to 1.35x the annual revenue + work-in-progress (inventory). Where Gross Profit = Net Sales – Cost of Goods Sold.

Valuation 86

Valuation .Net Metrics Balance Sheet 86

YoungUpstarts

NOVEMBER 19, 2020

People refers to the management and employees that are currently employed by the business. Committed employees and tenured management teams can act as a value driver as they are directly involved with the direction and growth of your company. Generally, companies sell for either a percentage of revenues or a multiple of EBITDA.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

ConversionXL

FEBRUARY 3, 2022

In this article, you’ll learn how to build a marketing growth strategy to increase your market penetration, market share, and revenue. The goal of market penetration is to leverage new tactics to increase product sales , including existing customers and new customers within existing markets. Market penetration. Image source.

Marketing 115

Marketing Framework Metrics Channel 115

The Startup Magazine

JANUARY 17, 2021

Key Performance Indicators (KPIs) is a metric to monitor how effectively a business is accomplishing its specific objective. The metric is useful for measuring the chances a customer would recommend your products or service. Employers use this metric to measure their employees’ loyalty. SALES GROWTH. SALES KPIs.

.Net 92

.Net Metrics Retention Revenue 92

Steve Blank

MARCH 15, 2017

His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. We’d managed to secure another infusion of cash, but it wasn’t going to last long. What I was hearing was a failure of management. Drive that demand into our sales channels.

Startup 310

Startup PR Public Relations Channel 310

The Startup Magazine

OCTOBER 22, 2020

A fundamental part of data analytics is information handling and management. Here we discuss how you need to handle data efficiently to enhance the organizational functions and boost business growth: Enhance Customer Experience: Reviewing the data produced by your sales department regarding the customers can give you great insights.

Analytics 130

Analytics Portfolio Advertising Technical Review 130

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money. Social media is not rocket science.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

David Teten

DECEMBER 16, 2015

I review a lot of board decks with a beautifully hand-crafted page with metrics for the company. The reason is that the real value of the board deck is not (ironically) for the board; it’s for management to track their own performance. So I want to see that management is using a dashboard every day, not just for board meetings.

Metrics 60

Metrics Analytics Balance Sheet .Net 60

Up and Running

FEBRUARY 20, 2015

If you don’t understand your key financial metrics, you have no way of monitoring your business’s health—and you risk mingling assets, incurring penalties for filing taxes late, overlooking expenses, and running into difficulties paying bills and employees, just to mention a few! Each article will give you: A brief definition of the metric.

Metrics 60

Metrics Burn Rate .Net Churn Rate 60

ConversionXL

FEBRUARY 3, 2022

Where campaigns to build brand awareness and generate top-of-funnel sales drive traditional marketing, data across the entire customer lifecycle drives growth hacking in marketing. How to create a growth hacking strategy using the pirate metrics model. Don’t cast your net too far and wide. Focus on the channels that offer the best ROI.

Retention 113

Retention Marketing Acquisition Channel 113

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. However, the significance of often-overlooked tasks like managed accounts receivable cannot be underestimated. In failing to prioritize accounts receivable, businesses squander the efforts of their marketing and sales teams.

Software Review 40

Software Review Metrics Analytics Software 40

The Startup Magazine

SEPTEMBER 23, 2022

However, if you’re selling on a cloud marketplace, it’s essential to understand your sales performance to make the most of this opportunity. Here’s a look at some critical tips for understanding your sales performance on AWS. They offer a convenient way for businesses to reach a wider audience and generate more sales.

Cloud 126

Cloud Sales Metrics Social Media 126

ConversionXL

JUNE 8, 2017

” How does Netflix manage to find the right show for the right user so quickly? It is about focusing your marketing efforts on a few select companies that could represent huge revenue streams. This is a correlative metric – a behavioral cohort used as a heuristic for growth. Image Source. Image Source.

Programming 97

Programming Revenue Analytics Software Review 97

Hearpreneur

JANUARY 19, 2022

After having to reduce and rethink our strategy during COVID, we observed that our community and sales have skyrocketed. After we got everything in place we managed to successfully run our agency remote with minimal issues. Due to that, we decided to widen our client base to increase our revenue. 9- Remote management.

Entrepreneur 119

Entrepreneur Metrics Technical Review North America 119

The Startup Magazine

JULY 21, 2021

Digital marketers promote the company’s product or service to their target audience in order to maximize revenue. Content management systems (CMS) like WordPress are used to further streamline the content marketing process. Tools like Google Analytics and Optimizely reveal key metrics to track campaigns and run A/B tests.

Technical Review 145

Technical Review PPC SEM Marketing 145

Duct Tape Marketing

NOVEMBER 21, 2022

Managing the marketing department Fractional CMOs may have their own team to implement the strategy or be responsible for managing an internal department. Hiring, managing, and sometimes promoting employees are commonly known responsibilities of a fractional CMO. Find a certified fractional CMO.

Fractional CTO 63

Fractional CTO Small Business Metrics Revenue 63

Startup Professionals Musings

AUGUST 23, 2023

Every business owner and entrepreneur like you I work with wishes they could better predict product demand and sales, for managing inventory and long-term business planning. We all have our favorite metric and our passion, but keeping up with real-world changes and trends seems to be always just out of reach.

Metrics 204

Metrics Demand Analytics Leadership 204