Startup Professionals Musings

DECEMBER 17, 2013

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition.

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Metrics Technical Review Sales Customer 100

SoCal CTO

AUGUST 4, 2011

What are your key Startup Metrics ? Analytics/Metrics - what are the key startup metrics that you will need to track? Are there specific metrics needed for future funding rounds or for operations? Does the site need to throttle potential malicious activity? Who are the other stakeholders involved? Administrators?

Develop 384

Develop Development Startup SEO 384

socalTECH

JANUARY 5, 2009

Los Angeles-based Image Metrics (www.image-metrics.com) recently landed a $6.5M, Series B funding round for the firm's facial animation products. I was introduced to Image Metrics a year before I joined, and was helping them along. Editor's note: you can see Image Metrics "Emily" demo on their web site ). I fell in love with it.

Metrics 100

Metrics Startup Sales Newsletter 100

Startup Professionals Musings

OCTOBER 31, 2022

I will outline here his six required activities of every successful business to get you started down the right path for you: Wonder: identify the value and need for change. Activities here include building that first minimum viable product (MVP) without breaking the bank, and getting feedback from customers on required changes and usability.

Activity 108

Activity Satisfaction Metrics Startup 108

Startup Professionals Musings

NOVEMBER 14, 2012

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. Here is my selection of ten key metrics that every six-sigma joint like GE tracks without thinking, but too many small businesses only monitor haphazardly, if at all: Sales revenue.

Metrics 106

Metrics Startup Sales Statistics 106

Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Penetrate the Fortune 500 with at least five active accounts within two years. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Both Sides of the Table

FEBRUARY 20, 2017

And measuring activities or output can mislead you into thinking you’re doing a great job. So they create a task list of all the marketing activities an organization can do: press releases, web site updates, customer case studies, blog posts, daily Tweets, Facebook fan page, attending conferences, etc.

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Activity Conference Press Case Study 164

SoCal CTO

DECEMBER 1, 2007

Then, I Review existing materials Business Plan Marketing Plan Marketing Materials Product Plan / Roadmap Current and Projected Financials Business Pipeline Team Member Bios / Resumes Current Metrics Roadmap Normally there are crude documents for each of these areas that can be quickly read / scanned. I actually wonder the opposite.

Startup 231

Startup CTO Hire Technical Advisors Technical Review 231

Startup Professionals Musings

DECEMBER 9, 2022

Here are my key recommendations for how to prepare and what to do in more mundane business environments and organizations: Make sure your activities are aligned with business goals. Setting your own metrics, and measuring yourself , will facilitate accountability. The same is true with team goals and expectations.

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Activity Organization Mentor Training 109

TechEmpower

JUNE 6, 2018

Not just in measured results per second (several metric crap tonne), but in number of tests measured (~1830), number of framework permutations tested (~464), number of languages included (26), and total execution time of the test suite (67 hours, or 241 billion microseconds to make that sound properly enormous). It's lost in the noise.

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Framework TechEmpower Platform Metrics 378

Both Sides of the Table

JULY 16, 2013

It is what is commonly referred to as “vanity metrics” as in, “Look at how many more followers I got us! Clicks are also a simple measure that you can get from basic link tracking packages. End of story. That’s all “top of funnel” analysis that leaves you flying blind as a marketer. Or Likes – LIKES!

Marketing 307

Marketing Technical Review Startup Tool 307

SoCal CTO

MARCH 4, 2010

Activities As I went through my 30+ different startup experiences and tried to classify them a bit more, I realized this is very messy stuff. That said, I think it starts with what a laundry list of different kinds of needed technology activities and what the current team can reasonably accomplish.

Technical Review 170

Technical Review Technical Advisors CTO Coach Startup 170

TechEmpower

JULY 24, 2023

What are your key Startup Metrics ? Analytics/Metrics What key startup metrics will you need to track? What metrics will you need for future funding rounds or operations? Does it need to throttle potential malicious activity? Are there other founders, business leaders, partners, or administrators? Administer users?

Develop 520

Develop Development Technical Review SEO 520

Both Sides of the Table

NOVEMBER 8, 2011

But the most important metric has been the deep and lasting relationships that have been built with startups and also between senior executives. Each local participating VC will base themselves out of this facility at least 1 day / week and plan to spend time actively with any company that is admitted into Launchpad LA.

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Venture Capital Funding Startup GRP Partners 287

socalTECH

JANUARY 14, 2011

Its primary goal is to focus on identifying what is truly driving demand, analytically, so that our customers can optimize their activities. We have a very sophisticated, analytics and software platform that over half the Fortune 50 are now using, to help guide how they invest in marketing and sales activities and investments.

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Social Media Demand Activity Marketing 235

Startup Professionals Musings

DECEMBER 12, 2021

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. He has one of the first books on this subject, and he breaks the process down into nine key activities, as follows: Get focused and identify goals.

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Social Media Media Metrics Satisfaction 127

Startup Professionals Musings

JUNE 22, 2016

That should make you wonder - how do you measure traction in a metric? While thinking about the parameters of traction, and how to measure it, I was impressed with a new book, “ Scaling Lean: Mastering the Key Metrics for Startup Growth ” by Ash Maurya, a serial entrepreneur, and creator of the one-page business modelling tool Lean Canvas.

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Metrics Funding Startup Customer 57

Startup Professionals Musings

FEBRUARY 6, 2021

Define hard (data) and soft (anecdotal) metrics on the change, as well as on the quality of your leadership. That means you have to start with assessing the current state against the same metrics, before you can assess progress or change. Make sure metric results are available to the team, to keep them motivated.

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Startup Resource Metrics Technical Review 155

Both Sides of the Table

NOVEMBER 9, 2014

In a funding round with 1 or 2 VCs and 15-20 angels or 4-6 seed funds if you gave every investor you financial information and performance metrics your proprietary information would increase in its probability of leaking out. We are doing what we do – writing larger checks and playing an active role at the company.

Venture Capital 352

Venture Capital Seed Funding Email Blogging 352

Berkonomics

JANUARY 30, 2014

It seemed an ideal way to describe a scrappy, entrepreneurial activity. What happens to careful planning, sure-fire metrics, quality test scenarios, market research, a good business plan – all in place before pulling the trigger of a new opportunity. So why do so many business-book authors stress the opposite behavior?

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Artificial Inteligence Startup Metrics Ideas 189

Startup Professionals Musings

JANUARY 9, 2022

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Create an action plan with metrics. You spend the months influencing the influencers.

Social Media 135

Social Media Framework Media Metrics 135

Berkonomics

DECEMBER 23, 2009

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Penetrate the Fortune 500 with at least five active accounts within two years. Email readers continue here.] What is a strategy?

Organization 159

Organization Metrics Demand Resource 159

Startup Professionals Musings

MARCH 18, 2022

Instead of sizing up new opportunities and actively courting every new customer, you start worrying about cutting costs, repeatable processes , and overtaking known competitors. Internal metrics are great for fixing problems, but industry experts, influencers, and customers are better indicators of future change and trends.

Startup 154

Startup Artificial Inteligence Metrics Netflix 154

Startup Professionals Musings

AUGUST 2, 2020

Actively seek and learn from the counsel of smart people. Make sure you actively interact with and show appreciation for people smarter than you, even if they don’t always agree with you. Use metrics in lieu of feelings to measure progress. He never gave up, despite multiple setbacks.

Startup 173

Startup Mentor Activity Entrepreneur 173

socalTECH

JANUARY 24, 2011

We have about 500 pretty active users, ranging from agencies to major record labels, to individual artists. In that market, there are literally no ROI metrics. The best metrics are estimated impressions. Matthias Galica: The first two verticals which correspond to our use case are in music and entertainment.

Startup 220

Startup West Hollywood Metrics Entertainment 220

socalTECH

APRIL 24, 2019

Shane Bernstein: We look at actionable data points and data metrics which are quantifiable across the web, and we qualify them and normalize that data, and sort them based on what they've done. We've built an artficial intelligence platform, which tells you who is more active than others, based on their behavior. How do you do that?

Sites 240

Sites Startup Tool CTO Hire 240

Startup Professionals Musings

DECEMBER 7, 2022

First you need to take consolation from the fact that you are not alone, and more importantly you need to implement an active growth and marketing plan to include the following initiatives: Ramp-up visibility and strategic alliances. Actively listen to customer feedback, and don’t be a one-trick pony.

Startup 134

Startup Search Engine Optimization Social Media Metrics 134

Startup Professionals Musings

JANUARY 17, 2022

Pick a single metric that is the focus for all growth. Today’s world is full of metrics leading to business growth, including customer logins, revenue per customer, retention, and average solution price. Facebook’s winning strategy was a laser focus on increasing active user counts and time spent online. Less is more.

Startup 144

Startup Social Media Metrics Customer 144

Startup Professionals Musings

MARCH 9, 2020

First you need to take consolation from the fact that you are not alone, and more importantly you need to implement an active growth and marketing plan to include the following initiatives: Ramp-up visibility and strategic alliances. Actively listen to customer feedback, and don’t be a one-trick pony.

Search Engine Optimization 131

Search Engine Optimization Startup Social Media Metrics 131

Berkonomics

JULY 6, 2023

The technique, “OST” (objective, strategies, and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Penetrate the Fortune 500 with at least five active accounts within two years. Let’s call it “OST.” What is a strategy? Aren’t these just goals?

Organization 156

Organization Metrics Demand Resource 156

Startup Professionals Musings

OCTOBER 3, 2016

I believe the right attributes and habits can be recognized and learned, and here are seven key ones that I find in successful entrepreneurs: Actively recruits others and solicits win-win relationships. Asks hard questions, and actively listens to critical feedback. Sets goals and milestones, with metrics to track progress.

Entrepreneur 106

Entrepreneur Satisfaction Metrics Ideas 106

TechCrunch LA

MARCH 19, 2021

With this move, Los Angeles wants to hitch its wagon to this momentum and is actively looking for tech busineses that can help with carbon accounting. That means good things for companies like CarbonChain , Persefoni , ClimateView , and SINAI Technologies , which all have offerings meant to help with carbon accounting and management.

Los Angeles 192

Los Angeles Marketing Study Angel 192

Startup Professionals Musings

JULY 4, 2021

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Focus on activities rather than results.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

JULY 30, 2021

Establish and evaluate metrics at multiple levels. As times change, you may need new metrics, such as total experience, web site hits, and social media complaints. A good way to start this activity is to participate in industry conferences, and build relationships with peers and other leaders.

Marketing 162

Marketing Social Media Metrics Customer 162

Both Sides of the Table

JANUARY 25, 2015

His point is that you should figure out the metrics that TRULY matter in your business and hold yourself accountable to these. Not vanity metrics. Only truly great products, making a difference, and becoming embedded in a business activity or personal life are sustainable. Push yourself hard to be honest with yourself.

Product 150

Product Startup Metrics Technical Review 150

Both Sides of the Table

JANUARY 10, 2021

You can also follow me on Twitter ] There is no diet or not fitness activity that will help you over the long haul if you don’t have the right mental plan. I mostly talk about startups, technology & venture capital. But for a few weeks will cover health & fitness. It’s super easy to log. The tools are built into the app.

Coach 538

Coach Startup Guide Journal 538

TechCrunch LA

APRIL 18, 2022

This is due to both supply and demand: On the demand side, some companies are providing solutions for something consumers are not actively looking for, while on the supply side, companies have figured out the most effective manufacturing process, which is complex and expensive, Elder explained.

Software Review 187

Software Review Metrics Startup Technical Review 187