Berkonomics

NOVEMBER 19, 2020

Back when we were all trying to figure out the real value of traffic on the web, investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. Most of us are still searching for the combination of monetization devices that work best for us.

Metrics 296

Metrics Sites Advertising Web 296

Both Sides of the Table

JULY 16, 2013

And of course you could add up impressions by counting your the followers of everybody who had retweeted plus your own. It is what is commonly referred to as “vanity metrics” as in, “Look at how many more followers I got us! Of course it’s valuable to know how many clicks you drive.

Marketing 307

Marketing Technical Review Startup Tool 307

Both Sides of the Table

MARCH 3, 2013

Today’s higher education is responding by making more courses online and available to people outside of physical boundaries. ” But I pointed out a professor at HBS ( Tom Eisenmann ) who teaches a course where blogs are a part of the classroom reading material. “Online education is truly going to kill us.”

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

SoCal CTO

DECEMBER 9, 2009

What are your key Startup Metrics ? Of course, we’ll also discuss the details of the product itself. Of course, that’s the really fun, interesting, challenging work. Who are the other stakeholders involved? Other types of users? Administrators? How will you be taking this to market? What channels will you use (e.g.,

Software Development 292

Software Development Develop Development Startup 292

Both Sides of the Table

NOVEMBER 27, 2011

Oh, and if you didn’t guess, the title, “if you don’t have a discrete hypothesis you are incapable of failing” is, of course, an Eric Ries quote. 48:30 Vanity metrics. 52:00 Actionable metrics. And make sure to pick up a copy of his book. There are many in this episode. Check it out. 00:45 Intro to Eric.

Social Media 301

Social Media Startup Metrics Media 301

Startup Professionals Musings

NOVEMBER 15, 2019

Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course. Use data analysis and metrics to measure for results. Common sense and emotionally driven decisions are sub- optimal in assessing team members. Working on the wrong problem or assumption.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Berkonomics

DECEMBER 11, 2014

These are not the strategic visionary skills, like leading companies through risky product launches, or steering the course through economic storms where leaders become oversized personalities for their superhuman efforts. There are many types of metrics, some very easy to manage. Third: support.

Organization 220

Organization Metrics Training Course 220

Both Sides of the Table

SEPTEMBER 15, 2022

But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. Of course our execution against the strategy has had to change but the strategy has remained constant. discipline & focus. In 2009 we could take a long time to review a deal.

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

SoCal CTO

JANUARY 26, 2010

Of course, I have an advantage because I organize the LA CTO Forum. Of course, since you know those questions, you can just collect up the answers and provide them to your developers. What metrics are going to be the key startup metrics and how do we get those metrics without too much cost? Gap closed, right?

Fractional CTO 225

Fractional CTO CTO CTO Hire CTO Coach 225

Berkonomics

AUGUST 1, 2019

But you know that of course. Well, if you have a plan but do not share it with your direct reports, then they are acting without motivation toward mutual goals, without metrics to measure their progress toward the goals, and without the leadership that makes great winners. Your team playbook. What is different about you as a manager?

Coach 120

Coach Metrics Training Course 120

TechEmpower

JULY 24, 2023

” Of course, it’s more complicated than just checking boxes on a question list. 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? How will you be taking this to market?

Develop 520

Develop Development Technical Review SEO 520

Both Sides of the Table

JUNE 12, 2010

Content, of course, is the same!]. Company grew by more than “400% each year” for past few years [assume growth metric = revenues]. Metrics: 2.5mm members, 1,000 brands, 2,500 sale events to-date. Metrics: 50mm users (up from 40mm in Dec 2009), -Competition includes: Spotify , Last.fm.

Venture Capital 217

Venture Capital Capital Metrics Competition 217

Both Sides of the Table

NOVEMBER 2, 2010

As a company you need to invest in ROI calculators (spreadsheets) that are easy for sales reps to plug in basic customer metrics and pop out with an expected benefit. You’re more expensive than competitors – “Of course we are. Even better if that customer is referenceable! We’re a premium product.

Sales 289

Sales Startup Training Pricing 289

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. There is a reason for this.

Venture Capital 352

Venture Capital Seed Funding Email Blogging 352

Both Sides of the Table

JANUARY 16, 2014

Of course I ask more politely that than. He called me 15 months later excited to show me his metrics and wanted to talk about his A round. His fund is > $500 million and I guaranfuckingtee he ain’t calling me if that company is crushing it. I don’t blame him – that’s his job. But I always ask. Fair enough.

Venture Capital 333

Venture Capital Startup Technical Review Email 333

Berkonomics

SEPTEMBER 14, 2011

Creating metrics. Farming out tasks beyond your core, and of course, much more. New forms of metrics for your business. Purchase the complete collection of all eight books with 20% discount by clicking HERE. STARTING UP! How to plan. Setting goals. Creating strategies. Developing your vision. Kindle eBook: $2.99 (click here).

eBook 168

eBook Press Metrics Startup 168

Berkonomics

MARCH 1, 2018

The CEO spoke, shared metrics, spoke of issues to be addressed during the coming week, and did a fine job of pointing the assembled troops in the right direction. My chairmanship carried unstated power even if not overtly demonstrated, since the CEO reports to and is accountable to the board, and of course its chair.

Report 226

Report Metrics Organization Education 226

Berkonomics

JUNE 30, 2022

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all your stakeholders. More often, you (the leader) set the goal and push for achievement – hopefully establishing a realistic set of strategies and accurate metrics to measure progress along a timeline.

Education 156

Education Metrics Course Resource 156

socalTECH

JUNE 1, 2012

We had worked together for six years before starting MergeLocal, which came about on the golf course. We will be opening up a a round of funding soon, as soon as we have some metrics and have been live in the market, and hope to raise some money and capital in the next thirty days. We're also funding it out of pocket.

CTO Coach 223

CTO Coach Startup Mobile Artificial Inteligence 223

Berkonomics

JUNE 24, 2021

These are not the strategic visionary skills, like leading companies through risky product launches, or steering the course through economic storms where leaders become oversized personalities for their superhuman efforts. There are many types of metrics, some very easy to manage. Second: measure the results of delegation.

Organization 156

Organization Coach Metrics Training 156

Both Sides of the Table

JANUARY 10, 2021

It’s a form of accountability but of course it’s all just in your own mind. There’s so much conflicting advice, everybody has an opinion and of course if you’re starting a new journey it’s really hard to tell other people that you’re going to do it because you don’t want to fail and look stupid. You got this! And say you did it !!”

Coach 538

Coach Startup Guide Journal 538

Startup Professionals Musings

JULY 30, 2021

Of course, no business wants to be the next Blockbuster , which kept charging straight ahead despite subtle clues that the Internet was changing everything. 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.

Marketing 162

Marketing Social Media Metrics Custom 162

Both Sides of the Table

MAY 27, 2016

Of course I also have to the concept. I think I’m better at the product stage of a business and helping with strategy, marketing, pricing, feature sets and so forth than I am at evaluating later-stage businesses based on financial results and business metrics and priced accordingly. It’s not enough to love the founding team.

Invest 254

Invest Writing Pricing Metrics 254

InfoChachkie

DECEMBER 9, 2013

Don noted that, "I always believed that metrics and accomplishments can outrun bigotry, sexism, racism or any ''ism'' that might otherwise hold you back. It''s not perfect, of course. If you are interested in his compelling story, you can watch him tell it in this brief video.

Custom 185

Custom Customer Study Metrics 185

Startup Professionals Musings

AUGUST 21, 2021

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. Explosive growth to an enterprise normally requires a scalable sales model, a well-documented process with incentives, training, and metrics for tracking and management. Switch your focus from product development to sales.

Startup 151

Startup Course Sales Entrepreneur 151

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

JUNE 16, 2022

We can invent lots of metrics to measure progress for a leader, including revenue, profit, employee satisfaction, cost containment, percentage of available market, and more. There are many roads to Rio, so they say. But there is one overwhelming method of appraising the effectiveness of a business leader.

Resource 156

Resource Satisfaction Metrics Course 156

Both Sides of the Table

DECEMBER 9, 2013

And of course you must also get your board administration done. Schedule 1:1 calls 1 week before the meeting to walk each board member through the key issues / performance metrics in the business. Have the maximum amount of time in person dedicated to discussing the most important topics. Ideal Board Meeting.

Writing 337

Writing Venture Capital Help SaaS 337

Startup Professionals Musings

JUNE 24, 2020

Of course, it could be your level of experience, or the quality of your team, but the difference is often more related to the lifecycle stage of the market you are trying to enter. Of course, getting money doesn’t assure success. Established company process rules and metrics now characterize the leaders in this market stage.

Marketing 174

Marketing Startup Artificial Inteligence Technical Review 174

InfoChachkie

SEPTEMBER 15, 2011

If your culture rewards those who seek the truth, your team will be prone to objectively identifying tactical course corrections. But we do it anyway, because we believe that the short-term metrics probably aren’t indicative of the long term.”. Obsess About Customers, Not Colleagues Or Competitors. “We

Tips 279

Tips Startup Framework Customer 279

Both Sides of the Table

DECEMBER 27, 2011

So while the simplest way that people often evaluate stocks is by P/E ratios (price-to-earnings), one also needs to look at other metrics such as the PEG (price-to-earnings-growth). [of of course there are MUCH more sophisticated financial tools than either of these, but PEG is a short-hand many people use]. Investors value growth.

Startup 418

Startup Venture Capital Sales Technical Review 418

Berkonomics

MAY 2, 2024

The CEO spoke, shared metrics, spoke of issues to be addressed during the coming week, and did a fine job of pointing the assembled troops in the right direction. The chairmanship carries unstated power even if not overtly demonstrated, since the CEO reports to and is accountable to the board, and of course its chair.

Metrics 156

Metrics Report Education Course 156

Berkonomics

APRIL 14, 2016

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all of your stakeholders. push for achievement – hopefully establishing a realistic set of strategies and accurate metrics to measure progress along a timeline. But not often.

Education 120

Education Metrics Course Resource 120

Startup Professionals Musings

MARCH 18, 2020

Set up training courses that highlight agility, and adopt agile working practices. You need to maintain explicit C-suite and Board buy-in for constant transformation through effective communication, highlighting the struggles of peer businesses, and establishing the right metrics.

Metrics 122

Metrics Training Satisfaction IBM 122

Both Sides of the Table

JUNE 5, 2011

Well, obviously if you knew that in advance it would be big of course that would be true. And of course there are always outliers. Another firm we saw tried to raise $15 million at a $60 million pre-money with similar metrics. Prices have definitely gone up in 2011 as depicted in the anecdotal chart below.

Startup 336

Startup Pricing Technical Review Marketing 336

Startup Professionals Musings

APRIL 7, 2021

Make sure the inspiration that launched your vision isn’t lost in the course of a pivot or market change. Of course, you may need to realign that vision to your team, your investors, and all the other players. Re-evaluate processes as they are today and set metrics to better represent the new sales, operational, and service needs.

Social Media 143

Social Media Startup Framework Course 143

Startup Professionals Musings

MAY 27, 2023

Focus on two or three pertinent metrics in any situation. Keeping it simple is the best course. Unbundle projects into smaller elements, and personalize the top couple of metrics for each team. Never be too busy to talk to real customers. No one can remember your top ten priorities and measurements.

Custom 140

Custom Customer Social Media Metrics 140