Startup Professionals Musings

AUGUST 30, 2021

You will be controlled by your customers, investors, lenders – and you are personally responsible for answering to all of them, all of the time. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Entrepreneur 169

Entrepreneur Startup Statistics Guide 169

Startup Professionals Musings

FEBRUARY 5, 2021

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Marty Zwilling.

Startup 147

Startup Pricing Sales Statistics 147

Startup Professionals Musings

FEBRUARY 12, 2022

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Startup 116

Startup Training Statistics Summary 116

Startup Professionals Musings

JANUARY 24, 2020

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Marty Zwilling.

Mobile 126

Mobile Develop Development Platform 126

socalTECH

MARCH 31, 2014

We''re rolling it out to finance and Wall Street, monitoring thousands of sources of continuously changing information, such as news, social media, internal email systems, and analyzing specific, material conditions that our customers are looking for. We''re looking for lighting bolts in time which are important.

Orange County 245

Orange County Startup News IBM 245

Startup Professionals Musings

JUNE 4, 2021

What most people don’t realize is, according to recent statistics , despite top positioning, only a quarter of sites selected comes from paid search. It pays only if a customer clicks through AND takes a further action (conversion), such as buying a product or filling out a web form. Cost per action (CPA).

PPC 154

PPC SEO Paid Search Search Engine Optimization 154

Startup Professionals Musings

JANUARY 9, 2022

Start by reviewing current statistics, like the recent Social Media Marketing Benchmark Report 2022 , to learn which social media sites are most popular, which features drive the most impact today, and how other social media marketers have maximized their efforts and seen the greatest ROI. Pick the ones that fit your desired outcome.

Social Media 135

Social Media Framework Media Metrics 135

Berkonomics

SEPTEMBER 19, 2019

If so, is it one critical customer or a trend? Is it time to focus more resources upon collections, credit research, or even time to “fire some customers” who continually break your rules or take up too much of your resources? A missed cash discount by your accounting department probably means that cash flow is getting tighter.

News 120

News Statistics Resource Sales 120

Startup Professionals Musings

JANUARY 11, 2014

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Entrepreneur 110

Entrepreneur Startup Training Statistics 110

Startup Professionals Musings

OCTOBER 3, 2012

But the low cost also means that your competition will also be there in force. In addition, every business has operating costs, like customer acquisition, fulfillment, inventory, and customer service. Plan to update this roadmap at least once a month, based on results, new information, and competition.

Startup 96

Startup Social Media Content Paid Search 96

Startup Professionals Musings

AUGUST 19, 2022

It’s the same for customers and products, where analytics have long proven their value. Efficiency in the workplace is the time it takes to do something, but it can ignore work quality and customer impact. Common sense and emotionally driven decisions are sub- optimal in assessing team members.

Tool 121

Tool Statistics Entrepreneur Metrics 121

TechCrunch LA

SEPTEMBER 7, 2021

In today’s highly competitive ad environment, both content and data are kings. To help companies make informed business decisions, we are building statistical models that show information at higher-than-the-platform level. The key takeaway? Editor’s note: The interview below has been edited for length and clarity.

Commerce 211

Commerce Content Marketing Startup 211

Startup Professionals Musings

SEPTEMBER 14, 2011

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Startup 94

Startup Marketing Training Statistics 94

Startup Professionals Musings

OCTOBER 16, 2023

Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Check competitor numbers and industry average statistics to get you in the right range. That’s no fun for you, your investors or your customers.

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

MAY 12, 2019

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Startup 94

Startup Training Statistics Summary 94

Startup Professionals Musings

OCTOBER 9, 2015

The price of entry can be less than $10,000, so the competition is huge and growing rapidly. Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Marty Zwilling.

Startup 98

Startup Platform Pricing Netflix 98

Startup Professionals Musings

NOVEMBER 29, 2012

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Startup 93

Startup Training Statistics Summary 93

Startup Professionals Musings

MARCH 21, 2020

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

Technical Review 124

Technical Review Statistics Startup Social Media 124

Startup Professionals Musings

JUNE 9, 2012

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Startup 95

Startup Statistics Pricing .Net 95

Startup Professionals Musings

SEPTEMBER 24, 2014

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

JULY 15, 2013

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Startup 95

Startup Pricing Statistics .Net 95

Startup Professionals Musings

MAY 8, 2022

That’s not an attractive statistic if you crave control and power. You can’t have it all, just like your startup can’t be all things to all customers. Turn these top ten dilemmas into your strengths, and you will have a competitive advantage, as well as the fun and satisfaction you sought to find in the entrepreneur lifestyle.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

MARCH 22, 2011

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Unless your volumes are in the millions or higher, the difference between manufacturing cost and customer price better be 50% or greater.

Startup 92

Startup Statistics Pricing .Net 92

Startup Professionals Musings

JULY 14, 2013

You will be controlled by your customers, investors, lenders – and you are personally responsible for answering to all of them, all of the time. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Entrepreneur 114

Entrepreneur Startup Statistics Guide 114

Startup Professionals Musings

JANUARY 4, 2015

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value.

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

Startup Professionals Musings

NOVEMBER 12, 2013

But the low cost also means that your competition will also be there in force. In addition, every business has operating costs, like customer acquisition, fulfillment, inventory, and customer service. Plan to update this roadmap at least once a month, based on results, new information, and competition.

Social Media 93

Social Media Content Startup Web 93

Startup Professionals Musings

AUGUST 6, 2010

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. How good are you and everyone on your team at proactively scanning the environment for opportunities, emerging trends, and customer feedback?

Startup 78

Startup Training Statistics Summary 78

Startup Professionals Musings

NOVEMBER 8, 2015

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

AUGUST 23, 2023

In my experience, these people and process issues are much the same for all business metrics, including sales and customer service, as well as planning for the future demand of your product or service offering. Key strategic factors for every business should include profits, growth, and competition.

Metrics 81

Metrics Demand Statistics Sample 81

Startup Professionals Musings

NOVEMBER 15, 2019

It’s the same for customers and products, where analytics have long proven their value. Efficiency in the workplace is the time it takes to do something, but it can ignore work quality and customer impact. Common sense and emotionally driven decisions are sub- optimal in assessing team members.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Startup Professionals Musings

DECEMBER 18, 2022

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

JUNE 10, 2012

You will be controlled by your customers, investors, lenders – and you are personally responsible for answering to all of them, all of the time. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Startup 100

Startup Statistics Entrepreneur Guide 100

socalTECH

MAY 17, 2018

The insurance industry is an old industry, with a lot of contradictions--it's one where the more claims insurers pay to help customers, the less money the insurers make--and it's also one that hasn't been disrupted much yet by technology. However, overall we'll be customizing that out. It will become much more customizable.

Technology 165

Technology Startup West Los Angeles Platform 165

Startup Professionals Musings

MARCH 3, 2011

You will be controlled by your customers, investors, lenders – and you are personally responsible for answering to all of them, all of the time. Examine the marketplace and your competition. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Screening 99

Screening Startup Statistics Guide 99

Startup Professionals Musings

OCTOBER 1, 2012

Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. You may have the solution to the world hunger problem, but if your customers have no money, your business won’t last long. That’s not bad, but who wants to be average? How can you improve your odds? No intellectual property.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

FEBRUARY 26, 2011

Statistically, the costs to the first inventor of a new technology are at least a third higher than to follow-on innovators in the same technology. Market research is more meaningful if there is already a market and real customers. Of course, the first one gets the patent. Learn from competitors and early adopters.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

DECEMBER 14, 2014

That’s not an attractive statistic if you crave control and power. You can’t have it all, just like your startup can’t be all things to all customers. Turn these top ten dilemmas into your strengths, and you will have a competitive advantage, as well as the fun and satisfaction you sought to find in the entrepreneur lifestyle.

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107