Both Sides of the Table

JULY 21, 2014

Your favorite investor told you this was a bad idea. Create company measures for success that go beyond financial metrics. You manage what you measure so be careful about having too narrowly defined of performance metrics. It will bring down your overall margins but will produce profitable revenue. I know, I know.

Marketing 354

Marketing Case Study Metrics Sales 354

socalTECH

NOVEMBER 12, 2013

In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? That''s the basic idea behind predictive analytics. READ MORE>>.

Metrics 113

Metrics Software Review Research Startup 113

Both Sides of the Table

NOVEMBER 27, 2011

27:45 Eric: The thing that is supposed to fail fast is your bad ideas, not your company. 48:30 Vanity metrics. 52:00 Actionable metrics. 48:30 Vanity metrics. 52:00 Actionable metrics. Most people are working on failing ideas. Little money. 25:40 The fundamental goal should be to eliminate waste. 34:00 Imvu.

Social Media 301

Social Media Startup Metrics Media 301

Startup Professionals Musings

JUNE 27, 2021

The entrepreneurs I see are always talking about “disruptive innovation” ideas, but the plans I read are more often linear extensions of a current hot offering, like one more social network with the best of Facebook and Twitter, one more dating site dimension, or another “must-have” accessory for smartphones. Marty Zwilling.

Ideas 117

Ideas Entrepreneur Netflix IBM 117

SoCal CTO

APRIL 2, 2013

I'm going to be looking at aspects like: Things to consider before building your MVP Features often overlooked when documenting an MVP for developers Understanding important metrics you want to measure Risks and challenges in developing an MVP. It should be a fun evening with lots of interesting conversation. What's going to go wrong?

CTO Coach 219

CTO Coach Metrics Framework Software Development 219

socalTECH

NOVEMBER 12, 2013

In a move to convert that huge pile of data into something much more meaningful, Los Angeles-based Ninja Metrics (www.ninjametrics.com) launched a new predictive analytics product for the industry. Explain what Ninja Metrics is doing? That''s the basic idea behind predictive analytics. READ MORE>>.

Metrics 100

Metrics Software Review Research Startup 100

Berkonomics

FEBRUARY 6, 2014

So, I’ve developed the three step dance in order to help form a repeatable method of how to create a great company from an early idea. Even if you know it all – wouldn’t it be an excellent plan to try your idea out on enough actual or potential customers to measure reasonable feedback? The second step: Take feedback seriously.

Companies 229

Companies Company Startup Custom 229

Startup Professionals Musings

OCTOBER 29, 2012

A startup begins with a great idea, but all too often, that’s where it ends. Ideas have to be implemented well to get the desired results. That’s why investors invest in entrepreneurs, rather than ideas. Metrics are required for ensuring the return to a known good baseline. Define response mechanisms.

Ideas 94

Ideas Startup Summary Competition 94

Both Sides of the Table

SEPTEMBER 18, 2014

There were no metrics. Him: On metrics. If we priced it based on any metrics your company would likely be worth less than 7 figures at your A round. Is there ever a situation where a convertible note is a good idea? It’s like we need a finance 101 course for entrepreneurs. So a convertible note was easier.

Venture Capital 417

Venture Capital Capital Pricing Doc 417

Startup Professionals Musings

JANUARY 23, 2019

They can talk with passion about their innovative new idea, and ask lots of questions, but never seem to really get started. The challenge we all have as business founders is to move from the idea stage to a real business. Set target date milestones and metrics to gauge progress.

Ideas 99

Ideas Slides Writing Startup 99

TechEmpower

JUNE 6, 2018

Not just in measured results per second (several metric crap tonne), but in number of tests measured (~1830), number of framework permutations tested (~464), number of languages included (26), and total execution time of the test suite (67 hours, or 241 billion microseconds to make that sound properly enormous). It's lost in the noise.

Framework 377

Framework TechEmpower Platform Metrics 377

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Of course, one of the best ideas around this is to have Negative Customer Acquisition Costs.

Pricing 150

Pricing Acquisition Custom Customer 150

Both Sides of the Table

DECEMBER 11, 2022

I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

Startup Professionals Musings

OCTOBER 12, 2018

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. Select a business idea that has a longer runway. But the entrepreneur lifestyle is still more fun, even part-time.

Ideas 102

Ideas Entrepreneur Tips Startup 102

Both Sides of the Table

SEPTEMBER 10, 2021

However, to be a great VC you have to hold two conflicting ideas in your head at the same time. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. On the one hand, you’re over paying for every investment and valuations aren’t rational.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Both Sides of the Table

SEPTEMBER 28, 2013

They can’t wait to hear your brilliant idea. You left our team to work on THAT idea? Her job is to turn up every day with enthusiasm even though her boyfriend just broke up with her, she hasn’t spoken to her best friends in weeks and she’s beginning to wonder whether this idea was really so great after all.

Startup 417

Startup Course Venture Capital Writing 417

Startup Professionals Musings

JANUARY 30, 2017

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Manage the business with metrics and goals. Working hard is necessary, but not sufficient for success.

Ideas 72

Ideas Startup Metrics Entrepreneur 72

Berkonomics

JANUARY 30, 2014

What happens to careful planning, sure-fire metrics, quality test scenarios, market research, a good business plan – all in place before pulling the trigger of a new opportunity. They want to know that their money is not just being thrown at an idea that will become a trial by fire – literally. Ready, FIRE, aim. And who is right here?

Artificial Inteligence 189

Artificial Inteligence Startup Metrics Ideas 189

Startup Professionals Musings

FEBRUARY 13, 2021

I’m convinced that this “me too” or incremental thinking is one of the key reasons that ninety percent of new startups fail, and most of the investors I know won’t sign non-disclosure forms, since they claim to hear the same startup ideas over and over again. Marketing should begin even at the idea stage.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. Like most investors, I’m convinced that success in business is more about the plan and the person than the idea. Sets goals and milestones, with metrics to track progress.

Entrepreneur 106

Entrepreneur Satisfaction Metrics Ideas 106

socalTECH

JUNE 13, 2011

Where did the idea come from? That allowed me to take a summer to develop the new idea, and transform it into a business. I developed the idea over the summer, articulated the vision, drew out the site, and then teamed up with other students at UCLA and started developing KarmaGoat. Jonathan Lehmann: I'm originally from Paris.

UCLA 256

UCLA Startup Ideas Help 256

InfoChachkie

SEPTEMBER 29, 2014

But we do it anyway, because we believe that the short-term metrics probably aren''t indicative of the long term.”. Yet, like container shipping tycoon Malcom McLean , Bezos felt that his idea was so “obvious and compelling,” he had to take the leap. Let Your Competitors Chase The Quick Buck.

Tips 223

Tips Framework Metrics Cloud Computing 223

Startup Professionals Musings

JULY 25, 2020

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. Once a new product is launched, a key metric is the ratio of new product sales to overall sales.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

DECEMBER 12, 2021

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. If you don’t have a clear idea of why you are there, anything you measure will be useless. Social media is the realm of public opinion and customer conversations.

Social Media 127

Social Media Media Metrics Satisfaction 127

Berkonomics

SEPTEMBER 25, 2014

Sometimes, it is just the right idea to brand your product inside that of a known presence. Well-tuned metrics are an absolute must. Many times, it takes an intelligent repositioning of the entire offering to try again from the start with revised ideas based upon learned experience. Third: cost. Fourth: measurement.

Social Network 179

Social Network Metrics Ideas Sites 179

Startup Professionals Musings

APRIL 18, 2020

I agree with the classic book by Ros Taylor, “ Creativity at Work: Supercharge Your Brain and Make Your Ideas Stick ,” which outlines some key psychological impediments to creative business thinking and change: Just use the data metrics. Creative ideas are the outliers, and tend to be eliminated first, rather than evaluated fully.

Metrics 157

Metrics Demand Statistics Sales 157

Startup Professionals Musings

APRIL 21, 2023

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. Once a new product is launched, a key metric is the ratio of new product sales to overall sales.

Coach 137

Coach Metrics Competition Ideas 137

Berkonomics

MAY 5, 2016

By far the most enjoyable for most of us is visionary leadership – the time we spend thinking ahead, creating new ideas for products or services, focusing on the big picture and how we can change the world with our creation. It must be the lifeblood of a company that is going to make a difference in an industry or the world.

Metrics 120

Metrics Ideas Conference Email 120

SoCal CTO

JUNE 9, 2010

Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 A great developer I once worked with was kvetching at lunch one day. He’d been working at a well-funded startup for about a year and had come to terms with the fact that the startup was really a pretty dumb idea. Below are 50 ideas for step 2. We get it!

Startup 248

Startup Venture Capital Conference Social Media 248

Berkonomics

NOVEMBER 12, 2020

So, I’ve developed the three-step dance in order to help form a repeatable method of how to create a great company from an early idea. Even if you know it all – wouldn’t it be an excellent plan to try your idea out on enough actual or potential customers to measure reasonable feedback? And if so, what was the response?

Product 156

Product Custom Customer Ideas 156

Both Sides of the Table

MARCH 3, 2013

He believes that one of the financial metrics taught at business schools and reinforced by Wall Street has accelerated offshoring of industries. In Clayton’s new books he takes on similar themes with the three major ideas being: How to be sure … 1. He spoke about ROCE (return on capital employed). Stay Out of Jail.

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

InfoChachkie

SEPTEMBER 15, 2011

Although this can be a bit chaotic, the free-flow of ideas during an adVenture’s Beach Volleyball days is often crucial to its eventual success. But we do it anyway, because we believe that the short-term metrics probably aren’t indicative of the long term.”. Don’t Chase The Quick Buck.

Tips 279

Tips Startup Framework Custom 279

SoCal CTO

JULY 23, 2012

What metrics are going to be the key startup metrics and how do we get those metrics without too much cost? In addition to networking, I would suggest that formal learning is a great idea. What do we need to do to make sure we can survive technical due diligence by investors and partners? You could even use LinkedIn.

CTO Coach 231

CTO Coach CTO Hire Outsource Development Develop 231

Startup Professionals Musings

NOVEMBER 21, 2021

It can start by setting aside twenty minutes in a weekly meeting to explore new ideas for making things better, and then following through. Carve out unstructured time for team members to focus on ideas. Decide what to measure and create metrics. Ideas are the beginning. You only get what you measure.

Development 135

Development Develop Startup Metrics 135

SoCal CTO

NOVEMBER 5, 2009

It was a great conversation and I thought it would be a good idea to do some visible networking with Aaron to get to know him better. Any thoughts on my recent post Startup Metrics ? The Startup Metrics post is a good example of what I call “holocognics.” Many entrepreneurs have an idea but don’t know how to monetize it.

Startup 150

Startup SEO Pepperdine Blogging 150

Startup Professionals Musings

SEPTEMBER 23, 2022

Most aspiring entrepreneurs are convinced that the strength of their initial idea somehow defines them as a leader, as well as the success potential of their derivative business. It takes leadership ability, as well as a good idea, to make a successful entrepreneur, and great leaders evolve from key leadership decisions along the way.

Startup 141

Startup Ideas Entrepreneur Framework 141

Startup Professionals Musings

MAY 5, 2013

But very few are talking about how to measure your results, and the right metrics for optimizing your marketing environment. Jim Sterne, who has written many books on Internet advertising, marketing, and customer service, tackled this complex world of social media metrics in his book titled " Social Media Metrics."

Social Media 102

Social Media Media Entrepreneur Metrics 102