TechCrunch LA

SEPTEMBER 21, 2021

Los Angeles-based Just says it uses telematics “to reward safe drivers and reduce insurer bias” by looking at factors such as how, when and where customers drive, rather than factors such as ZIP code or marital status as most traditional insurers do. Of course, Just is not the first company to offer personalized auto insurance.

Startup 203

Startup Customer Custom Los Angeles 203

TechCrunch LA

APRIL 29, 2020

In total, Google now offers its customers the option to host their applications in 23 regions globally; with the opening of this new region, it now has seven U.S. Earlier this year, Google also announced that it would open its regions in Jakarta, Seoul and Warsaw over the course of 2020. The Dalles, Ore.

Google 155

Google CIO Outsource Development Demand 155

Startup Professionals Musings

AUGUST 23, 2023

Every business owner and entrepreneur like you I work with wishes they could better predict product demand and sales, for managing inventory and long-term business planning. I was impressed with the analysis and recommendation offered in a recent book, “ Trust the Plan: Demand Management For Business Leaders, ” by Greg Spira.

Metrics 81

Metrics Demand Statistics Sample 81

Berkonomics

JUNE 11, 2015

It’s good advice; the theory being that entrepreneurs can discover the flaws in their business models sooner, make course corrections and move in a more favorable direction. In my case as a young software entrepreneur, I had a different approach: Fail Locally, one customer at a time. And I would learn customer service.

Customer 120

Customer Custom Writing Southern California 120

Berkonomics

JULY 31, 2014

Marketing is a science devised to help drive customers to your door. These are still the driving focus behind most marketing courses, and deserve to be so. Use all the techniques you learn in marketing classes to drive demand. Higher demand results in higher prices – if there is limited supply. D=Decrease costs.

Marketing 201

Marketing Demand Pricing Customer 201

Startup Professionals Musings

AUGUST 28, 2022

Employees and customers alike are looking for meaning, not simply employment and commodity prices. I can think of at least five ways that this benefits the business, as well as customers: Products in a purpose culture more readily sell at a premium price. Doing good opens the door to a broader customer base.

Organization 143

Organization Startup Pricing Customer 143

Berkonomics

NOVEMBER 24, 2022

So, when do we know which course to take? 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. Refuse to engage?

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Resource Competition Examples Customer 156

Startup Professionals Musings

SEPTEMBER 15, 2021

Even without B-Corp status, entrepreneurs are speaking out more on the positives to support business models that benefit not just shareholders, but customers, workforce, the environment, and the greater community. Of course, investors still require a profitable business model, and the potential for high returns.

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Startup Organization Customer Custom 149

Both Sides of the Table

APRIL 1, 2020

In the words of my friend and a CEO with whom I work, “Yeah, I know I need to make some cuts because our demand has changed, but I want to do this with a scalpel and not with an axe.” He produced a very detailed analysis of his customer base and which would be affected. It was the thoughtful response of an empathetic leader.

Demand 215

Demand Guide Customer Custom 215

Berkonomics

MARCH 26, 2020

The bottleneck itself strains to keep up with demand, often to the point of reducing its own efficiency in the process of attempting to keep up with demand. Of course, you could fit that definition. Watch for, and stamp out, all those you identify as soon as you find them.

Organization 156

Organization Demand Satisfaction Training 156

Startup Professionals Musings

JANUARY 29, 2021

Every one of you business leaders I know struggles with the competing demands of finding and keeping employees motivated and satisfied, versus building and enforcing a set of repeatable processes that work. Leaders who focus on team communication are also more successful in dealing with partners and customers.

Satisfaction 154

Satisfaction Demand Resource Competition 154

Startup Professionals Musings

AUGUST 7, 2022

In all cases, it’s more effective and less painful to do it as a planned process, rather than a crash course in survival. Resurgence begins when entrepreneurs and top executives stop trusting only themselves, and build a coalition with customers to see what is and isn’t working. Carpenter, Gary F. Reinvent the vision for change.

Course 127

Course IBM IBM Social Media 127

Both Sides of the Table

FEBRUARY 28, 2018

Many of us learned about substitute products in undergrad economics courses. When a product is truly unique and demanded a retailer willingly promotes and sells it en masse in part because it does get margin on the good but also because it brings customers in the door who spend on other products. Ariel understood her customer?—?the

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

MAY 30, 2022

Of course, not every entrepreneur wants to tackle this challenge. Of course, that means a new level of risk, giving up some control, and a new business plan. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands.

Sales 147

Sales Metrics Guide Startup 147

Startup Professionals Musings

FEBRUARY 10, 2023

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Startup Professionals Musings

MAY 17, 2023

All the business leaders I know have noticed that the problems we all face today are becoming more complex, multifaceted, and our customers are more demanding. Of course, you have to stop talking and start really listening if you want to learn anything from questions. Don’t demand risk elimination by perfectionism.

Demand 84

Demand Course .Net Startup 84

TechCrunch LA

FEBRUARY 25, 2020

Another on-demand transport app is making a move into payments to expand the existing relationship with its customers (and subsequent margins that it makes from serving them). This phenomenon paired with our commitment to community resulted in Bird Pay which helps drive even more customers to local businesses.”.

Santa Monica 158

Santa Monica Startup Demand Los Angeles 158

Both Sides of the Table

MAY 21, 2018

And my specific response that I recommended was to say, “I can send you our standard data pack but honestly I have too many other firms asking for customized data and we simply can’t send each person custom reports. Of course you have to be careful with this. I knew she’s come see you. It’s human nature?—?

Funding 217

Funding Newsletter Venture Capital Email 217

Startup Professionals Musings

OCTOBER 23, 2021

This is not the total opportunity out there, and not the total target market, but the subset of customers who have and will spend the money you need to cure their pain. Selling too early triggers customer defenses and drives them away. This is not just sales traction, but a proper balance between resources, product, and customers.

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Education Customer Custom Sales 151

Startup Professionals Musings

OCTOBER 9, 2020

You need a faster and more flexible on-demand hiring strategy, based on the current gig-economy of remote freelancers, contract personnel, and specialists. Of course, as you work with contract players, explore the potential for a long-term relationship, and wait until your organization matures to pursue career positions.

Competition 168

Competition Startup Demand Training 168

Startup Professionals Musings

MARCH 21, 2022

That means that starting soon, our doctors, hospitals, eldercare, hospice and even death care systems are going to face unprecedented demand. Autos for drivers: Waning market demand. There is a Baby Boomer and Silent Generation tsunami headed straight for our healthcare system, so opportunities there are endless.

Demand 103

Demand Startup Course Summary 103

Startup Professionals Musings

NOVEMBER 23, 2019

Employees and customers alike are looking for meaning, not simply employment and commodity prices. I can think of at least five ways that this benefits the business, as well as customers: Products in a purpose culture more readily sell at a premium price. Doing good opens the door to a broader customer base.

Organization 128

Organization Startup Pricing Customer 128

Startup Professionals Musings

NOVEMBER 7, 2022

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. Choose a trusted team lead with executive sponsors.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Berkonomics

JULY 26, 2018

Is your product or service one that responds to a customer need, real or perceived? In general, there are three types of products or services: those a customer needs, those a customer wants, an d those a customer believes he does not want or need. An example of how not to do it.

Sales 226

Sales Customer Custom Pricing 226

Startup Professionals Musings

APRIL 12, 2023

Leading change is even harder, trying to balance the demands of the customers against the needs and expectations of employees. In parallel with fulfilling your own needs, always use your power to fulfill the needs of customers and team members. But you have to change to survive and thrive.

Satisfaction 130

Satisfaction IBM IBM Summary 130

Startup Professionals Musings

JANUARY 23, 2022

In addition, today’s customers judge a company by perceived people relationships through social media, phone conversations, and sales experiences. Of course, some balance is required. Customers demand more engagement and flexibility. In the end, engagement drives customer retention, sales, growth and profit.

Coach 128

Coach Organization Mentor Startup 128

Startup Professionals Musings

MAY 24, 2021

An example would be sitting down to meet with a key vendor, rather than standing to deliver demands. This, of course, comes into play to signal openness or goodwill at the beginning of an interaction, and agreement at the end. Most people feel more comfortable and open with people in a similar position to themselves.

Layoffs 164

Layoffs Email Tool Study 164

Both Sides of the Table

JUNE 17, 2017

I want to understand how many units the company is selling, whether this is increasing over time and how well they’re doing at retaining the customers that they do acquire. The Nature of Revenue Matters Of course revenue alone won’t tell you enough. My first priority is to understand “growth drivers.”

Startup 227

Startup Venture Capital Sales Course 227

Startup Professionals Musings

JANUARY 16, 2022

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. That means it solves a real problem for real customers who are ready and able to spend real money. The number of current potential customers is large and growing. Design a product or service that you can sell.

Platform 118

Platform Snapchat Startup Course 118

Berkonomics

MARCH 14, 2019

Of course, we are speaking of increased valuation of your company when we speak of “wealth.” One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. So, let’s examine them and mitigate them.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

socalTECH

OCTOBER 26, 2015

Los Angeles is the capital of on-demand apps, for just about anything you want. One of those areas that combines LA's passion for on-demand apps, and its active lifestyle, is Fitspot (www.fitspotapp.com), which brings athletic trainers to you or your local fitness center. Ninety percent of our customers are on packages.

Training 100

Training Startup Orange County Malibu 100

Startup Professionals Musings

AUGUST 11, 2021

In reality, every startup brings new unknowns, new people, new competitors, and new customers. Of course, you must hire the right people and really listen to them, but don’t expect them to do your job. Markets, customers, and competitors evolve, and you must continually update the business to stay ahead.

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Entrepreneur Ideas Examples Satisfaction 171

Startup Professionals Musings

JULY 1, 2020

Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer. What you don’t expect is to feel out of control , or to always be fighting the many demands for your time. Cheaper in the beginning can be more costly in the long run.

Entrepreneur 122

Entrepreneur Startup Course Examples 122

Startup Professionals Musings

MARCH 6, 2020

The result is that you often take a big financial hit, and lose key customers, before you realize that the change didn’t work. For example, several years ago Apple was so convinced that their new Apple III model would be a winner that they rolled it out broadly, rather than do a controlled release first with some key customers.

Sample 124

Sample Customer Custom Tool 124

socalTECH

APRIL 13, 2021

Those companies tend to be around for longer than one year, because of course our faculty are not working on those things full time, they're continuing to teach classes. What we do, is regional customer discovery for teams, typically academic. but the key thing is customer discovery. but the key thing is customer discovery.

Marina Del Rey 150

Marina Del Rey Startup USC Incubator 150

Startup Professionals Musings

JUNE 26, 2022

In fact, most employee training courses recommend the distance if the work relationship crosses management levels, and most management policies strictly forbid fraternizing with the team. Of course there can be negative consequences to close friendships and romances at work as well: Work-related betrayal. More vulnerable emotionally.

Startup 119

Startup Course Competition Social Media 119

Both Sides of the Table

JUNE 28, 2018

While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. As I like to tell people who ask about Bird, “consumers have literally voted with their feet.” Is Bird really defensible?

Santa Monica 256

Santa Monica Funding Startup Course 256