YoungUpstarts

JUNE 19, 2015

Below are some key metrics to track when managing accounts receivable and planning to receive payments on invoices: Days Sales Outstanding (DSO). The lower the DSO is, the more cash is available for business to reinvest in marketing, sales and operations. How often are customers contacted directly about unpaid invoices?

Metrics 100

Metrics Software Review Portfolio Software Developers 100

Occam's Razor

MAY 2, 2017

The very best analysts are comfortable operating with ambiguity and incompleteness, while all others chase perfection in implementation / processing / reports. There is no golden metric for everyone, we are all unique snowflakes! :). and tell you what are the best key performance indicators (metrics) for them.

Metrics 141

Metrics Acquisition eCommerce Analytics 141

Both Sides of the Table

MAY 2, 2015

The full financial details and metrics were in the deck. So my time was freed up to call board members in advance and walk them through our metrics and understand any concerns. David set up employee policies, helped negotiate office leases, established our long-term accounting system, implemented RJ Metric and so forth.

Operations 150

Operations Metrics Early Stage Non-Compete 150

The Equity Kicker

MAY 3, 2018

Let me start by saying that I’m a massive believer in the power of metrics. However, it’s also true that metrics are not a panacea, with difficulties typically arising when a focus on metrics eclipses the big picture. Over focus on metrics at the expense of meaning, culture and innovation.

Metrics 87

Metrics CPA Early Stage Retention 87

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

JANUARY 25, 2023

New digital technologies, business models, and regulatory rulings are forcing all of us to think outside of our silos and rethink what it means to operate effectively. In many cases, I see leaders lulled into a false sense of complacency by adequate short-term returns, and the pressures of daily operations.

Partner 350

Partner Operations Metrics Leadership 350

Startup Professionals Musings

DECEMBER 13, 2019

Some chaos is normal in every new business, but many wait far too long before they install metrics based on “best practices,” and fail to attack obvious bottlenecks with a vengeance. As the business operation and the team grows, regular and effective communication from key personnel is critical. Excessive support and return activities.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Occam's Razor

SEPTEMBER 15, 2014

They will need two different implementations, it is quite likely that you will end up with two sets of metrics (more people focused for mobile apps, more visit focused for sites). Mobile content consumption, behavior along key metrics (time, bounces etc.) If you have ecommerce you will see key metrics related to money making.

Analytics 141

Analytics Metrics Mobile DC 141

View from Seed

JULY 8, 2020

The remainder of the email should include other highlights, core business metrics, financial metrics, challenges, goals, asks & thanks. If you’ve raised an institutional seed round, act as if you’ve raised Series A in terms of how you operate, and that includes the approach to investor meetings. Download Board Deck Template.

Email 331

Email Seed Stage Syndicate Syndication 331

The Startup Magazine

SEPTEMBER 21, 2023

Enterprise tools are powerful tools that companies add to their arsenal to manage their large-scale business operations more efficiently. Poor communication Companies use an enterprise tool because they need it to connect multiple departments and large-scale operations efficiently.

Database 129

Database Software Metrics Operations 129

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

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

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

ReadWriteStart

JULY 20, 2023

Pasadena-based company, Collectly, founded by Levon Brutyan and Max Mizotin, aims to revolutionize this payment collection process, helping medical providers streamline operations and improve financial outcomes. The process can be overwhelming, especially for solo or small practices without the resources to offer electronic billing.

ChatGPT 118

ChatGPT Artificial Inteligence Retention Technical Review 118

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 26, 2022

The same lesson applies to our daily life of data and metrics. Besides paranoia, I’ve found another advantage in computing the same data twice: a better understanding of the forces behind that data, and therefore better analysis of how the company operates and how the market is changing. Consider web traffic.

Analytics 248

Analytics Software Review Metrics Technical Review 248

Steve Blank

OCTOBER 10, 2023

Laura Thomas is a former CIA operations officer. At the Agency , 85% of my time was spent navigating bureaucracy and equities, arguing for resources and permission for operations, and dealing with the bottom rung of employees, all while making decisions with little data or data overload. Below is the first of her three-part series.

Government 174

Government CTO Hire Technical Review Advisory Board 174

Up and Running

DECEMBER 6, 2021

When you neglect your website, you not only run the risk of driving away potential customers who might think your business is no longer open or poorly operated, but you also hurt your SEO , which means you’ll drive less traffic from search engines over time. However, if you have time to do marketing, you have time to review your efforts.

Small Business 153

Small Business Marketing Software Review Technical Review 153

The Startup Magazine

OCTOBER 19, 2020

Operating a business in the twenty-first century is quite difficult. In addition to the complexities of business operations, companies face extreme competition in the market. Businesses that haven’t adopted the data side of their operations have struggled to compete with the former.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

YoungUpstarts

NOVEMBER 19, 2020

They want to see that a business is operating on all six cylinders. Processes refers to operating procedures and employee handbooks. EBITDA is the most important profitability metric to consider as many valuations are based on a multiple of this metric. At Seiler Tucker, we call these cylinders the ST 6 P’s®.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

Women Entrepreneurs Can

APRIL 16, 2024

Sustainability reporting, particularly about environmental, social, and governance (ESG) criteria, has burgeoned as a fundamental vehicle through which companies can reflect their operations’ social responsibility and commitment to sustainable development practices.

Technical Review 52

Technical Review Due Diligence Framework Government 52

The Startup Magazine

MAY 26, 2020

When you own or run a business that relies on a fleet of vehicles to operate, keeping your drivers and trucks or cars in good shape is paramount. That means you’ll minimize operation costs and get the most out of your vehicles. 2) Measure Every Metric that Can Be Measured. 1) Be Diligent About Preventative Maintenance.

Management 135

Management Metrics Technical Review Operations 135

The Startup Magazine

JUNE 15, 2023

In today’s rapidly evolving digital landscape, small businesses face the ongoing challenge of streamlining operations, maximizing productivity, and staying competitive. Image Source Gone are the days when small businesses had to rely on manual processes and spreadsheets to manage their operations.

Software Review 153

Software Review Software Small Business Social Media 153

Steve Blank

JANUARY 17, 2023

Their financial models are based on membership fees that grant access to a shared coworking space, resources, and access to other founders and operational expertise. That’s because unlike accelerators, which operate on a six- to 12-week cadence, studios don’t have a set timeframe. Carlos stirred his coffee.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

Mike Michalowicz

SEPTEMBER 26, 2013

Metrics are a powerful tool for measuring progress, evaluating decisions, and when done right, are an early warning system for problems. too many metrics cause indecision. What if there was one metric that could do it all? By no means is the OCR the only metric you track, but it is the most important.

Metrics 141

Metrics Operations Entrepreneur Salary 141

Steve Blank

JUNE 20, 2022

Instrument the process with metrics and diagnostics. Large companies often have divisions and functions with innovation, incubation and technology scouting all operating independently with no common language or tools. Make permanent delivering products and services at speed with a written innovation doctrine and policy.

CTO 354

CTO Technical Cofounder CTO Hire Incubator 354

Up and Running

MARCH 17, 2022

To get the whole picture and have a framework on which to build your business you also need a strategic plan and an operational plan. What is an operational plan? An operation plan zooms into the details of your business to explain how you are going to achieve your short-term goals. How will your business operate?

Business Plan 145

Business Plan Operations Lean Forecast 145

The Startup Magazine

APRIL 22, 2024

When it comes to startups, the focus often gravitates toward acquiring new customers, expanding market reach, and chasing growth metrics. Incorporating proper account planning strategies into daily business operations is vital for iterative improvement.

Retention 114

Retention Reputation Startup Social Network 114

Startup Professionals Musings

AUGUST 7, 2020

Connect operations today with long-term goals. Overtly connect every operational problem to your strategy, rather than putting strategy on a different plane and making it only an annual event. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges.

Technical Review 312

Technical Review Due Diligence Merger Social Media 312

Startup Professionals Musings

OCTOBER 17, 2018

Unfortunately, your personal assessment that you have traction probably won’t be convincing to potential investors and partners, so it’s important that you create and track your progress against some metrics. Define metrics on customer feedback and user counts. Count connections with experts, media, and influencers.

Advisory Board 199

Advisory Board Technical Review Metrics Business Model 199

Up and Running

DECEMBER 16, 2021

Metrics such as discretionary cash flow or business revenue are used. So seeing how the metrics in key industries stack up against each other may give you insight into whether your company is performing well or not. The majority of small and medium-sized companies used this metric for their valuation. EBITA Multiple.

Valuation 86

Valuation .Net Metrics Balance Sheet 86

Mucker Lab

OCTOBER 10, 2023

Career Advancement: SDRs may seek roles beyond AE positions, such as in marketing, operations, or enablement. Based on an average deal size of $30,000, metrics include the number of days worked in a month, conversion rates from connect to meetings and ultimately to closed deals.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

David Teten

DECEMBER 16, 2015

I review a lot of board decks with a beautifully hand-crafted page with metrics for the company. Good metrics are comparable across industries; comparative ; readily understandable; and help drive decisions. Comparative means that you can compare a metric across time periods, groups of users, or competitors. So how do you do it?

Metrics 60

Metrics Analytics Balance Sheet .Net 60

Steve Blank

OCTOBER 15, 2020

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. control the timing and tempo of military competition and operations. And we buy new things more regularly.

Technical Review 361

Technical Review Artificial Inteligence Technology United States 361

Steve Blank

OCTOBER 15, 2019

And by product, I mean the creation of new hardware, services, software, tools, operations, tradecraft, etc. Metrics are used to manage process rather than creation of new capabilities, outcomes and speed to deployment. People who manage processes are not the same people as those who create product. are obstacles for innovation.

Government 315

Government Technical Review Acquisition Metrics 315

Startup Professionals Musings

MARCH 18, 2023

Balance here comes again from the operational expert, who is very good at leading, managing, and holding people accountable. Here also the solution usually is a partner with prior experience, who has learned how and when to hire real help, and implement metrics and processes to measure results.

Partner 206

Partner Cofounder Startup Bandwidth 206

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Waiting until you have something to sell before bringing on a sales and operations staff. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Startup Professionals Musings

OCTOBER 3, 2016

Sets goals and milestones, with metrics to track progress. They define metrics for each goal, and diligently track themselves against these metrics. Execute processes and metrics around customer requirements, loyalty, satisfaction, and service. Tie executive titles and organizations to business roles.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266