Startup Professionals Musings

FEBRUARY 21, 2021

Most startups are happy to find any customer, and will hang on for dear life to every one. Only later do they realize that some of these cost more than they are worth, or lead into commitments they can’t sustain, but no business wants to violate the golden rule that every customer needs to be treated as if they were the only customer.

Customer 150

Customer Custom Startup Pricing 150

Startup Professionals Musings

OCTOBER 30, 2022

Today’s customers are much more in control of their buying decision, as they have more choices and more information than ever before. Bloom’s classic book, “ The New Experts: Win Today's Newly Empowered Customers.” These decisive moments, and how to respond, are outlined in Robert H. Build a relationship and trust quickly.

Customer 146

Customer Custom Startup Course 146

Startup Professionals Musings

APRIL 2, 2022

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. High-technology product startups, without customers, don’t make a business. Solis outlines the heuristics of social psychology that are key to building positive customer experiences today.

Customer 122

Customer Custom Social Media Technical Review 122

TechCrunch LA

MAY 3, 2022

Upgrade’s e-commerce marketplace has two sides: one that enables consumers to choose a vetted stylist and have their wig colored or customized based on their desired look. However, although they are providing such significant value, a lot of them operate with limited funding and resources, which ultimately affects the customer experience.

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Tool Customer Custom Marketing 179

Startup Professionals Musings

MARCH 20, 2023

Instead, they need to validate a customer problem and real market need first. Don’t create solutions looking for a problem , since investors ignore these, and customers other than early adopters will be hard to find. I say again, customers buy solutions, not technology. Look for customer willingness and ability to pay.

Customer 110

Customer Custom Social Media Technology 110

Both Sides of the Table

APRIL 28, 2012

I always tell teams I meet with, “The scarcest resource in your company is management bandwidth. We are signing up a channel partner to sell our product since we haven’t scaled our internal telesales team yet [yes, we know that they don't have experience selling IT, but they have customer relationships]. My advice?

Resource 415

Resource Startup Product Ideas 415

Berkonomics

OCTOBER 26, 2023

Time bankruptcy results from the deliberate over-commitment of core resources. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization. Why use this term?

Resource 156

Resource Customer Custom Software 156

Berkonomics

SEPTEMBER 28, 2023

First customers are critical. Your first customers for any product or service form your reference base, the important group of allies that your marketing and salespeople rely upon when attempting to create buzz and make a mass market for a new product. Be ready to over-allocate resources to a launch. The result of your efforts?

Resource 156

Resource Customer Custom Product 156

socalTECH

DECEMBER 13, 2010

Irvine-based Epicor said Monday that it is buying a maker of human resources software, SPECTRUM Human Resource Systems Corporation. Epicor said that Spectrum has approximately 100 employees, over 430 direct customers, and another 1800 customers via OEM relationships.

Resource 150

Resource Software Customer Custom 150

Both Sides of the Table

JULY 9, 2013

You know exactly when you want to sell to this customer and presumably it’s this quarter! And with scarce resources it’s your job to decide which door this lead must go through – sales or marketing. Which customers to target: Elephants, Deer or Rabbits ? But the sales don’t always come in that way.

Customer 324

Customer Custom Marketing Newsletter 324

Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software.

Customer 100

Customer Custom Acquisition Technical Review 100

socalTECH

JULY 12, 2016

Santa Barbara-based enterprise resource planning software developer QAD says this morning that it has signed up a new customer in the UK, Snell Advanced Media (SAM), to manage its business processes company-wide. Financial impact of the win was not announced.

Customer 100

Customer Custom Santa Barbara Resource 100

Startup Professionals Musings

FEBRUARY 3, 2020

Today’s customers are much more in control of their buying decision, as they have more choices and more information than ever before. Bloom’s classic book, “ The New Experts: Win Today's Newly Empowered Customers.” These decisive moments, and how to respond, are outlined in Robert H. Build a relationship and trust quickly.

Customer 124

Customer Custom Startup Course 124

Startup Professionals Musings

FEBRUARY 14, 2015

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. What is your resource constraint mindset and action plan today?

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Resource Entrepreneur Competition Startup 98

Berkonomics

OCTOBER 19, 2023

As my enterprise computer software company which produced innovative lodging systems for hotels and resorts grew quickly, we found ourselves straining to keep up with the hiring and training of good customer support representatives, a critical part of the equation then and still so today in the 24-hour environment of hotel front desk operations.

Training 156

Training Resource Customer Custom 156

Startup Professionals Musings

JULY 13, 2015

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. Then always measure customer results, not work. Recovery efforts are wasted resource which rarely succeeds.

Resource 105

Resource Startup Entrepreneur Training 105

Berkonomics

OCTOBER 27, 2022

He stated, “Too often it seemed our internal staff was more focused on getting the ‘work’ (daily tasks) done and not enough on the ‘job’ (supporting subordinates with resources and encouragement.)”. I recall one of my CEO’s when I was his chairman, stating, “If you are not serving our customers, then you should be supporting those who do”.

Resource 156

Resource Customer Custom Coach 156

Berkonomics

AUGUST 21, 2014

It reminds us that our customers, especially early adapters, must want to continue to use our products to the extent that they “would be very disappointed” if unable to do so in the future. It means you can use this respondent as a resource for case studies and marketing quotes in the future. What a great test. Positioning'

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Customer Custom Case Study Email 228

TechCrunch LA

DECEMBER 17, 2020

While the business didn’t work out, it put the budding young entrepreneur (and college dropout) on a path that would lead him to launch the Los Angeles-based startup Bambee , a company that lets small businesses give their employees access to the same kinds of human resources services that large companies have.

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Services Resource Santa Monica Los Angeles 281

Startup Professionals Musings

JANUARY 8, 2018

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. Then always measure customer results, not work. Recovery efforts are wasted resource which rarely succeeds.

Resource 52

Resource Training Entrepreneur Activity 52

Berkonomics

JANUARY 19, 2023

So, let’s bend the meaning to help us focus on resources while preserving those words. and apply it to our management of corporate resources. Here is a way to think about resource management as we make critical decisions that obligate our personal and corporate assets for growth. Take, for instance , time.

Resource 156

Resource Training Email Product 156

Startup Professionals Musings

MAY 5, 2014

You can start a new e-Commerce site on the Internet for as little as $100, with cheap smart phone apps, new technology innovations, or tapping the multitude of opportunities brought by capitalizing on our concern for dwindling natural resources. This not only saves scarce natural resources, but adds value to the economy.

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Resource Ideas Startup Commerce 96

TechEmpower

JULY 31, 2023

How does it meet customers’ needs? One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects? Customer Lifetime Value (CLV) How much money will your business generate from each converted customer? What does the business do?

Metrics 260

Metrics Startup Slides Technical Review 260

Startup Professionals Musings

OCTOBER 17, 2020

Many of the current opportunities in alternative energy are the result of these forces, as well as the lack of effective government coalitions to conserve other resources. Unpredictable forces, such as unrest in the Middle East and China, can quickly change energy cost equations, or availability of critical products.

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Custom Customer Startup Outsource Development 167

Berkonomics

JANUARY 12, 2023

Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).

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Sales Customer Custom SaaS 296

Startup Professionals Musings

JULY 1, 2019

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. High-technology product startups, without customers, don’t make a business. Solis outlines the heuristics of social psychology that are key to building positive customer experiences today.

Customer 85

Customer Custom Social Media Technical Review 85

Berkonomics

MARCH 18, 2021

Sometimes, you can reduce your personal risk by taking in other people’s money in various ways, perhaps starting with a consulting contract with a customer, purchasing a going business where profit or loss is known, or spinning off an existing revenue-generating portion of an existing business. So, let’s dig a bit deeper.

Entrepreneur 156

Entrepreneur Resource Statistics Customer 156

socalTECH

JULY 30, 2010

Costa Mesa-based SYSPRO , a developer of enterprise resource planning (ERP) software, reported this week that it has signed up medical device startup NeoTract as a customer. Tags: software planning resource enterprise syspro. Financial impact of the win was not disclosed. READ MORE>>.

Customer 133

Customer Custom Startup Resource 133

Berkonomics

MARCH 3, 2022

…should not be positioned as “cheap,” or your potential customers will question your message from the start and will be more critical of the delivered product than if offered as one or the other, but not both. ” It is an excellent variation on the theme – selecting from a limited menu of the use of resources. But beware. .

Resource 156

Resource Sales Pricing Startup 156

Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Then always measure customer results, not work. Recovery efforts are wasted resource which rarely succeeds.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

OCTOBER 11, 2023

Most new business owners I know feel the challenges of not enough time, money, and resources, and see these as problems rather than a competitive advantage. Many are quick to call this innovation, but I believe it is often just the resourcefulness of a highly motivated owner and team, who never give up in the face of a survival challenge.

Resource 111

Resource Competition Outsource Development Startup 111

Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization.

Resource 243

Resource Customer Custom Software 243

Berkonomics

MARCH 24, 2010

First customers are critical. Your first customers for any product or service form your reference base, the important group of allies that your marketing and sales people rely upon when attempting to create buzz and make a mass market for a new product. Make your customer a partner in the process. The fight for quality.

Customer 149

Customer Custom Resource Sales 149

Berkonomics

NOVEMBER 24, 2022

Well, even though that acquisition is still playing itself out on the field of battle, it appears quite clear that the new parent has directed its new subsidiary to abandon the lower end of the market and focus upon the larger sales, corporate customers, and major brands. Been skewered for slow customer service?

Resource 156

Resource Competition Examples Customer 156

Startup Professionals Musings

JANUARY 23, 2021

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. What is your resource constraint mindset and action plan today?

Startup 164

Startup Resource Entrepreneur Competition 164

Startup Professionals Musings

NOVEMBER 2, 2022

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Customers like leaders, not followers.

Resource 121

Resource Metrics Entrepreneur Customer 121

Berkonomics

FEBRUARY 15, 2024

Much of the rest of the presentation is devoted to explaining to the group the causes for the concerns and offering information for the group to use in the feedback session to help that CEO seek solutions and to provide resources to them for that purpose. How much time do you devote to each type of activity?

Class 194

Class Organization Technical Review Activity 194