Startup Professionals Musings

AUGUST 1, 2012

The real solution is better productivity and less procrastination, to put you back in control of your business. Jan Yager, a recognized expert on the subject of time management, just released a new edition of her most popular book, “ Work Less, Do More: The 14-Day Productivity Makeover.” Rest makes you more productive.

Product 117

Product Entrepreneur Email Customer 117

Startup Professionals Musings

APRIL 25, 2012

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 94

Competition Startup Pricing Framework 94

Startup Professionals Musings

SEPTEMBER 22, 2023

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Know your customers intimately. Make your service deliver process “happy.”

Competition 99

Competition Services Startup Training 99

Startup Professionals Musings

JULY 14, 2023

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 88

Competition Startup Framework Pricing 88

Berkonomics

JULY 26, 2012

Getting any product to market is an act composed of a series of compromises in quality, product perfection, feature-functionality, and cost effectiveness. When there are multiple parallel developments of components to fit into the whole product, the slowest component determines the speed of completion for the final product.

Satisfaction 136

Satisfaction Competition Pricing Design 136

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 11, 2023

This is the confirmation that your product or service fills a real need in the marketplace. Similarly, it will be very satisfying to see the productivity increases from your leadership and mentoring. Watch that patent provide a real barrier to competitive entry. Note the growth of your team and your own leadership.

Startup 118

Startup Satisfaction Customer Custom 118

Startup Professionals Musings

JANUARY 23, 2021

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Startups funded by rich uncles rarely think about productivity. Rethink or reframe the challenge. Marty Zwilling.

Startup 164

Startup Resource Entrepreneur Competition 164

Startup Professionals Musings

JANUARY 29, 2021

People-centric leaders realize that the right motivated and accountable people are their real competitive advantage. Your team, properly selected, trained, and engaged, can focus on tomorrow’s requirements, learn from mistakes, and implement the constant improvements required to stay competitive.

Satisfaction 154

Satisfaction Demand Resource Competition 154

Startup Professionals Musings

DECEMBER 13, 2020

The most memorable businesses, like Starbucks and Apple, no longer sell products, they sell ‘experiences’ with a product at the center. The challenge is to transform and hardwire your entire team to think in these terms, rather than the default focus on distinct towers of product quality, closing the sale, or fixing a complaint.

Customer 168

Customer Custom Services Startup 168

Startup Professionals Musings

JULY 4, 2020

Personal satisfaction also ranked close behind, with 70 percent of respondents claiming it was a key advantage to running their own business. This indicates that lifestyle and satisfaction factors are often more important than financial ones. Beat the competition and discover yourself. High level of excitement.

Entrepreneur 122

Entrepreneur Startup Satisfaction Competition 122

Startup Professionals Musings

DECEMBER 10, 2022

Another example is Facebook , maintaining motivation with food, stock options, collaborative office space, an on-site laundry, and a competitive atmosphere that fosters personal growth and learning with great benefits. Investors have long agreed that you invest in the team, more than the product. Start today. Marty Zwilling.

Examples 145

Examples Mentor Activity Product 145

Both Sides of the Table

NOVEMBER 1, 2009

We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features. They communicated this to product management who looked at all of the internal requirements we had generated (e.g.

Organization 280

Organization Customer Custom Tips 280

Startup Professionals Musings

APRIL 18, 2021

Explain that they may be called, and use the opportunity to check their satisfaction with your company and your product. Validation of product. This will cover the technology, the current state of development, and customer satisfaction. If the product is in customer hands, expect some customers to be interviewed.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

Startup Professionals Musings

JANUARY 6, 2021

In reality, too many choices actually dilutes customer interest in your existing market, and makes your job of production, marketing, and support much more complex. New entrepreneurs, especially technical ones, are excited by early adopters, and tend to focus on their feedback, which will always suggest more product features and options.

Technical Review 160

Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

AUGUST 25, 2021

Entrepreneurs must enjoy the hard work of solving problems, and quickly get past the idea stage, with focus on a specific product or service, including timeframes and financials. Successful entrepreneurs have to be people oriented, to solicit experts with various skills, including marketing, production, operations, and finance.

Entrepreneur 158

Entrepreneur Satisfaction Ideas Social Media 158

Startup Professionals Musings

FEBRUARY 8, 2015

Many startups and mature businesses have not yet accepted the fact that customer satisfaction and loyalty in this “always connected” age are about more than product and service quality. But to engender loyalty, you have to be delivering a good experience and keeping satisfaction high. Marketing-driven customer acquisition.

Customer 100

Customer Custom Satisfaction Social Media 100

SoCal Tech Calendar

MAY 10, 2012

Today, companies need every edge they can get to strive in our current competitive marketplace. Improved productivity and efficiency leading to cost reductions, easier to use services leading to increased customer satisfaction and retention, a new needed product or service that is not available anywhere else.

Customer 100

Customer Custom TechBiz Software 100

Startup Professionals Musings

SEPTEMBER 15, 2021

But very quickly, it is becoming obvious to startups that the value and satisfaction exceeds the costs. Startups can use social responsibility as a competitive advantage. That’s a real competitive edge that you can use in your marketing and positioning. Socially responsible products typically sell at a premium price.

Startup 149

Startup Organization Customer Custom 149

Startup Professionals Musings

JANUARY 16, 2015

This is the confirmation that your product or service fills a real need in the marketplace. Similarly, it will be very satisfying to see the productivity increases from your leadership and mentoring. Watch that patent provide a real barrier to competitive entry. Note the growth of your team and your own leadership.

Satisfaction 101

Satisfaction Entrepreneur Customer Custom 101

Startup Professionals Musings

OCTOBER 11, 2013

Many startups and mature businesses have not yet adapted to the fact that customer satisfaction in this “always connected” age is more than product and service quality. But to engender loyalty, you have to be delivering a good experience and keep satisfaction high. Customer upsell, selling more to existing customers.

Customer 97

Customer Custom Satisfaction Social Media 97

Startup Professionals Musings

OCTOBER 31, 2022

Trying to do everything is a sure way to maximize stress, lower job satisfaction, and minimize productivity. If you are a genius at invention, for example, then that is the role you should seek to keep you motivated and productive. In my experience, competition is the biggest challenge here.

Activity 108

Activity Satisfaction Metrics Startup 108

Startup Professionals Musings

JANUARY 8, 2021

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Know your customers intimately. Make your service deliver process “happy.”

Startup 154

Startup Training Customer Custom 154

Startup Professionals Musings

JUNE 7, 2020

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Entrepreneur 131

Entrepreneur Outsource Development Startup Competition 131

Startup Professionals Musings

DECEMBER 25, 2010

Related reasons, like personal satisfaction also ranked close behind, with 70% of respondents claiming it was a key advantage to running their own business. This indicates that lifestyle and satisfaction factors are often more important than financial ones. Beat the competition. High level of excitement. The cycle never stops.

Entrepreneur 92

Entrepreneur Satisfaction Startup Competition 92

Startup Professionals Musings

AUGUST 23, 2021

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. For example, Richard Branson relishes the satisfaction of initiating innovative startups, and rewarding strong team members with the opportunity to run a joint spinoff.

Startup 159

Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

APRIL 8, 2019

Image via Wikipedia The challenge for all of us in business is to improve competitiveness by improving employee productivity and reducing costs. According to Gartner , one of the biggest drags on productivity is employee engagement, still hovering around 30 percent, and costing our businesses over $450 billion per year.

Tips 96

Tips Satisfaction Training Mentor 96

Startup Professionals Musings

NOVEMBER 9, 2020

Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world. Employees can be much more productive if they fully understand strategic issues and focus correspondingly. Understand the need for an investment well before results.

Entrepreneur 159

Entrepreneur Customer Custom Competition 159

Startup Professionals Musings

JANUARY 24, 2021

Use this opportunity to validate their satisfaction and support for your company and your solution. Here investors are looking for feature problems or quality issues on the current product. A hard look will be taken at the technology maturity, the current development progress, and customer satisfaction with early product shipments.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Startup Professionals Musings

OCTOBER 4, 2023

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Startups funded by rich uncles rarely think about productivity. Rethink or reframe the challenge. Marty Zwilling

Resource 112

Resource Ideas Competition Entrepreneur 112

Startup Professionals Musings

JULY 4, 2011

Personal satisfaction also ranked close behind, with 70% of respondents claiming it was a key advantage to running their own business. This indicates that lifestyle and satisfaction factors are often more important than financial ones. Entrepreneurs love the continuous challenges of a startup, and the satisfaction of solving them.

Entrepreneur 95

Entrepreneur Startup Satisfaction Competition 95

Startup Professionals Musings

DECEMBER 25, 2013

This indicates that lifestyle and satisfaction factors are usually more important than financial ones. Entrepreneurs love the continuous challenges of a startup, and the satisfaction of tackling them. A good entrepreneur feels the incentive to offer a new service/product that no one else has offered before. Beat the competition.

Entrepreneur 101

Entrepreneur Startup Satisfaction Study 101

Startup Professionals Musings

SEPTEMBER 25, 2020

Today, customers are looking for real relationships, a memorable shopping experience, and satisfaction of a higher purpose. Of course, these new customer-facing strategies shouldn’t preclude you from focusing behind the scenes on reducing costs and broadening your product line to supersede competitors.

Customer 133

Customer Custom Satisfaction Examples 133

Startup Professionals Musings

DECEMBER 25, 2012

This indicates that lifestyle and satisfaction factors are usually more important than financial ones. Entrepreneurs love the continuous challenges of a startup, and the satisfaction of tackling them. A good entrepreneur feels the incentive to offer a new service/product that no one else has offered before. Beat the competition.

Entrepreneur 93

Entrepreneur Startup Satisfaction Study 93

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

JULY 16, 2021

Show that others are an inspiration, not competition. Everyone sees your energy applied more productively, and has the urge to help. Therefore, the sooner that you adopt the strategies outlined here, the better will be your odds of really changing the world, and having fun and satisfaction while doing it.

Mentor 174

Mentor Satisfaction Competition Marketing 174

Startup Professionals Musings

SEPTEMBER 8, 2010

One of the key sections of any business plan is the analysis of the competition. Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and competition. You are never the only alternative, hopefully just the best, in price, utility, and satisfaction.

Startup 86

Startup Competition Pricing Framework 86