Startup Professionals Musings

DECEMBER 12, 2021

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. 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. Get attention and reach your audience.

Social Media 127

Social Media Media Metrics Satisfaction 127

Startup Professionals Musings

MAY 27, 2023

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Here is my adaptation of his engagement principles for all the aspiring entrepreneurs I advise: Learn to adopt an outsider’s perspective.

Customer 140

Customer Custom Social Media Metrics 140

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. We all have our favorite metric and our passion, but keeping up with real-world changes and trends seems to be always just out of reach.

Metrics 81

Metrics Demand Statistics Sample 81

Startup Professionals Musings

APRIL 26, 2012

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. The tools to help you with all these actions are still evolving.

Social Media 98

Social Media Metrics Media Startup 98

Startup Professionals Musings

AUGUST 19, 2022

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Startup Professionals Musings

OCTOBER 2, 2013

If you are an entrepreneur today, and not using social media to promote your business, you are missing out on a huge opportunity. Find the right tools to analyze the ROI. Return-On-Investment metrics are not new, but the tools are different. ROI entrepreneur startup metrics social media business'

Social Media 101

Social Media Media Entrepreneur Metrics 101

Startup Professionals Musings

SEPTEMBER 20, 2019

Or you notice that your line of high quality tools is being undercut by cheap knockoffs manufactured in other countries. Changes in your organization’s core performance metrics. If one metric changes, it may not be significant, but someone needs to monitor whole categories for fluctuations that may be a weak signal.

Entrepreneur 93

Entrepreneur eBook Metrics Examples 93

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Managing business growth is more than metrics.

Sales 147

Sales Metrics Guide Startup 147

Startup Professionals Musings

DECEMBER 7, 2022

Too many entrepreneurs don’t know what to do at this point, largely accounting for a disappointing 50 percent of startups that fail in the first five years, according to InvoiceTracker. There is no magic lever for growth, so several initiatives are required, with metrics to assess value returned. Ask every employee to focus on sales.

Startup 134

Startup Search Engine Optimization Social Media Metrics 134

Startup Professionals Musings

MARCH 10, 2023

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Formalize the use of tools and information technology. Team building status and plan.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

MAY 5, 2013

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. The tools to help you with all these actions are still evolving.

Social Media 102

Social Media Media Entrepreneur Metrics 102

Startup Professionals Musings

AUGUST 25, 2023

In the aftermath of the recent pandemic, which caused many businesses to close, a new raft of business workers and entrepreneurs are deciding to pursue their own dreams of being a new business owner, and controlling your own destiny. Don’t forget online recruiting tools, as well as local colleges for applicants with the right skills for you.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

NOVEMBER 28, 2020

The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever.

Tips 161

Tips Startup Social Media News 161

Startup Professionals Musings

JULY 3, 2020

Every entrepreneur knows that good demand generation marketing is the key to growth these days, but very few have the discipline or know-how to measure return in a world of a thousand tools and techniques. Lead-stage content performance. The fuel for any good demand generation program is relevant, buyer-centric content.

Marketing 174

Marketing Invest Demand Metrics 174

Startup Professionals Musings

OCTOBER 11, 2010

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. The tools to help you with all these actions are still evolving.

Social Media 84

Social Media Metrics Media Satisfaction 84

Startup Professionals Musings

APRIL 15, 2013

Most investors tell me that an A entrepreneur with a B idea is much more fundable than a B entrepreneur with an A idea. This entrepreneur gets out there and actively looks for people who can help make an idea into a business, including potential customers, suppliers, employees, investors, friends and peers.

Entrepreneur 103

Entrepreneur Ideas Metrics Activity 103

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. People with the wrong tools or no training.

Outsource Development 122

Outsource Development Outsource Metrics Technical Review 122

InfoChachkie

AUGUST 22, 2016

The Most Important Metric. We had a spirited discussion regarding a number of issues related to blowing past $10M in annual recurring SaaS revenue, in front of a sold-out crowd of about 400 entrepreneurs. Near the conclusion of our discussion, I asked each CEO to name any non-obvious metrics by which they guide their businesses.

Customer 100

Customer Custom Cornerstone OnDemand Metrics 100

Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Thus I am morphing the points here, with specific focus on the entrepreneur, who would never think of themselves in the context of automobile manufacturing: Offering too many products and services concurrently. Bottlenecks to team productivity.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

MARCH 9, 2022

My job as a new business advisor is to help entrepreneurs get over this chasm early. Most entrepreneurs find that they are their own toughest critics. Measure, don’t guess, with tools that build, not limit. Don’t be limited by tools of the past – always be alert for best of breed and innovation.

Case Study 139

Case Study Customer Custom Tool 139

Startup Professionals Musings

MAY 30, 2014

Every entrepreneur I know is short on resources, including time, money, and skills. Thus I am morphing the points here, with specific focus on the entrepreneur, who would never think of themselves in the context of automobile manufacturing: Offering too many products and services concurrently. Bottlenecks to team productivity.

Entrepreneur 115

Entrepreneur Resource Training Product 115

Startup Professionals Musings

MARCH 25, 2022

Thus, over the years of my mentoring and consulting efforts with entrepreneurs, I have a key list of practices that I recommend to everyone starting and growing a business. Hire the best, and provide necessary training and tools. Use metrics on key deliverables to assure quality results. Don’t sell what you don’t have.

Startup 134

Startup Training Tool Demand 134

Startup Professionals Musings

AUGUST 31, 2020

In the same way, great entrepreneurs and company leaders should no longer rely on faceless and nameless processes to drive business strategy and innovation to stay competitive. Here is my adaptation of his engagement principles for all the aspiring entrepreneurs I advise: Learn to adopt an outsider’s perspective.

Social Media 128

Social Media Metrics Customer Custom 128

Startup Professionals Musings

MARCH 18, 2015

Or you notice that your line of high quality tools is being undercut by cheap knockoffs manufactured in other countries. Changes in your organization’s core performance metrics. If one metric changes, it may not be significant, but someone needs to monitor whole categories for fluctuations that may be a weak signal. .

Entrepreneur 106

Entrepreneur eBook Metrics Startup 106

Startup Professionals Musings

MAY 4, 2020

I’m sure you have all seen entrepreneurs and startups with great ideas that never seem to live up to their potential, while others with more mundane solutions seem to take off quickly and never slow down. Define success metrics, and measure progress regularly. Look for tools to automate and simplify strategy execution.

Startup 123

Startup Outsource Development Entrepreneur Outsource 123

Startup Professionals Musings

MARCH 9, 2019

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. 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. Get attention and reach your audience.

Social Media 98

Social Media Media Metrics Satisfaction 98

Startup Professionals Musings

APRIL 25, 2022

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. In my experience, trust is the most powerful tool that an entrepreneur can wield, both inside and outside of his own realm of control. Never make people ask.

Startup 116

Startup Entrepreneur Metrics Writing 116

socalTECH

JUNE 15, 2017

Technology was changing the business and our jobs as agents and managers, and we needed to figure out how to leverage tools to create more opportunities. We saw an opportunity to create a tool that could help with sharing earnings from content on YouTube. In particular, the entertainment industry is not as metrics focused as a startup.

Startup 140

Startup Content Metrics Platform 140

Startup Professionals Musings

MARCH 9, 2020

Too many entrepreneurs don’t know what to do at this point, largely accounting for that disappointing 50 percent of startups that fail in the first five years, according to Gallup. There is no magic lever for growth, so several initiatives are required, with metrics to assess value returned. Ask every employee to focus on sales.

Search Engine Optimization 131

Search Engine Optimization Startup Social Media Metrics 131

Startup Professionals Musings

JULY 5, 2013

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. In my experience, trust is the most powerful tool that an entrepreneur can wield, both inside and outside of his own realm of control. Never make people ask.

Entrepreneur 106

Entrepreneur Startup Metrics Writing 106

Startup Professionals Musings

SEPTEMBER 9, 2020

In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. Make sure that you implement a metric with each solution, to prevent the issue from recurring, and check for side effects and follow-on side effects.

Satisfaction 152

Satisfaction Mentor Study Startup 152

Startup Professionals Musings

MARCH 16, 2012

Most investors tell me that an A entrepreneur with a B idea is much more fundable than a B entrepreneur with an A idea. This entrepreneur gets out there and actively looks for people who can help make an idea into a business, including potential customers, suppliers, employees, investors, friends and peers.

Entrepreneur 97

Entrepreneur Ideas Metrics Activity 97

Tech Zulu Event

NOVEMBER 28, 2011

NOT just because they have the best deals on web based business tools. He is endlessly dedicated to our success in business and wants to deliver the best tools for us to get our jobs done well. Noah has what I believe he called “Thank You metrics”. I am a raving fan of AppSumo.com. But you need to pay the bills!’ I resisted.

Metrics 87

Metrics Email Startup Technical Review 87

Startup Professionals Musings

OCTOBER 14, 2022

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. Modern information management tools.

Technical Review 129

Technical Review Funding Organization Coach 129

Startup Professionals Musings

JUNE 20, 2022

Or you notice that your line of high quality tools is being undercut by cheap knockoffs manufactured in other countries. Changes in your organization’s core performance metrics. If one metric changes, it may not be significant, but someone needs to monitor whole categories for fluctuations that may be a weak signal.

eBook 111

eBook Metrics Examples Startup 111

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

Entrepreneur 58

Entrepreneur Ideas Pricing Customer 58

Startup Professionals Musings

NOVEMBER 4, 2016

First you work in the kitchen for a while, learning some tools of the trade, experiment with a few recipes, and test on willing clients. Develop metrics with which to measure yourself and use these to incrementally expand and improve your offering as fast as the market and capital will allow. Don’t stand still.

Entrepreneur 93

Entrepreneur Startup Coach Metrics 93