Remove 2016 Remove Entrepreneur Remove Metrics Remove Sales
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

Almost every entrepreneur looking for outside investors has heard the annoying rejection, “You are just too early – come back when you have more traction.” That should make you wonder - how do you measure traction in a metric? Growth constraints would include staffing shortages, funding needs, quality problems, and sales coverage.

Metrics 57
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

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How To Move From An Entrepreneur To Manager Or Fail

Startup Professionals Musings

As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. True entrepreneurs love the tactical and problem solving challenges.

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8 Initiatives To Increase Your Business Growth Curve

Startup Professionals Musings

Too many entrepreneurs don’t know what to do at this point, largely accounting for that disappointing 50 percent of startups that fail in the first five years, according to Gallup. Others do far too little, assuming the viral effect and word-of-mouth will soon kick in, and sales will suddenly grow exponentially.

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9 Steps To Increasing Your Street Smarts In Business

Startup Professionals Musings

People who are good at solving problems for other people make great entrepreneurs. Entrepreneurs are often too passionate and impatient. For example, what looks like a sales revenue problem may actually be a new competitor offering, a marketing decline, or a lag in receivables. That’s what a business gets paid to do.

Metrics 58
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Can Startups Surf The Huge Information Tidal Wave?

Startup Professionals Musings

zettabytes by the year 2016. There is still infinite room for new startup sales modes and models. As an entrepreneur, what steps can you take to help your business not only survive the data hurricane, but to thrive under these new and challenging conditions? Data enable: use metrics and measurements. Marty Zwilling.

Startup 99
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6 Trends Generate Huge Data And Startup Opportunities

Startup Professionals Musings

exabytes per month at the end of 2016, of which half was video. There is still infinite room for new startup sales modes and models. As an entrepreneur, what steps can you take to help your business not only survive the data hurricane, but to thrive under these new and challenging conditions?

Startup 55