Remove Metrics Remove Operations Remove Salary Remove Software Review
article thumbnail

What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace. Sam’s enthusiasm was infectious and his plans were bold.

article thumbnail

Analytics Career Advice: Job Titles, Salaries, Technical & Business Roles

Occam's Razor

My goal is to climb the ranks and increase my salary." The prospect of collecting self reviews and getting 360 degree feedback and writing a performance review for each of your employee each quarter does not make you want to jump off the building. I am getting to how you can increase your salary part.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Run Your Company Based on Metrics: What, Why, How, Who, and When

David Teten

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. Gross Profit.

Metrics 60
article thumbnail

29 Entrepreneurs Reveal the Pivots They’re Making in Their Business as a Result of Pandemic

Hearpreneur

Some businesses have had to change structures and make operational changes to thrive and survive. To prepare for this we invested in Virtual Tour cameras and software and packaged it with our other services. Due to that, we decided to widen our client base to increase our revenue. 11- Paying attention to metrics.

article thumbnail

Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. The next most important set of metrics are sales by category; working capital (cash and other current assets, less current liabilities); EBITA; and gross margin. Traditional budgets can be destructive and a huge waste of time.

Agile 60
article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Operating Costs. Fast early growth in a market is often eroded when competition gets fierce and prices are forced down due to competition.

Startup 418
article thumbnail

Cracking The Code: Getting through the downturn: a few thoughts.

Cracking the Code

Cracking The Code. Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Thursday, November 13, 2008. Getting through the downturn: a few thoughts for SaaS companies planning their 2009 budget. With this decline, the average EV/08 rev. multiple fell down to ~2.2x