Startup Professionals Musings

JULY 15, 2020

Implement the key business metrices you will live by. Identify the three most important metrics your business must hit every week to achieve growth goals. Increase you focus on coaching, training, and mentoring. These are the timeless principles that must guide all hiring, marketing, and execution decisions.

Metrics 140

Metrics Entrepreneur Coach Satisfaction 140

Startup Professionals Musings

OCTOBER 31, 2014

According to several recent reports , job satisfaction for employees is at an all-time low. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. Put it behind you by setting your own realistic metrics for success and happiness. Take action now.

Entrepreneur 100

Entrepreneur Satisfaction Startup Writing 100

Startup Professionals Musings

DECEMBER 9, 2022

One of the attributes that I often recommend to the business professionals and entrepreneurs I mentor is to always be totally accountable for your actions and ideas. Setting your own metrics, and measuring yourself , will facilitate accountability. Be available for mentoring and coaching to others.

Activity 109

Activity Organization Mentor Training 109

Startup Professionals Musings

NOVEMBER 2, 2015

Creating an innovative new business is guaranteed to test your skills, patience and determination, and you need to derive satisfaction from the journey, as well as the destination. Don’t hesitate to call in an experienced advisor or mentor to help. Make sure there are metrics for problem counts, resolution time and revenue impact.

Startup 100

Startup Entrepreneur Satisfaction Metrics 100

Startup Professionals Musings

AUGUST 25, 2023

Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts. Define key metrics to measure progress and success. Use comparable metrics for managing team member results.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

DECEMBER 27, 2019

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. Incorporate AI-powered data and metrics systems. Your future satisfaction and success likely depends on your answer.

Marketing 123

Marketing Technical Review Custom Customer 123

Startup Professionals Musings

OCTOBER 2, 2015

Bring in expert advisors and mentors to set initial goals, and build recovery plans. Smart entrepreneurs have metrics for assessing their progress against milestones and regularly communicate new insights to the team. Even though invention can’t be scheduled, detailed planning does work, both on the product side and the business side.

Startup 105

Startup Entrepreneur Marketing Satisfaction 105

Startup Professionals Musings

APRIL 1, 2019

Quantify your results in terms of cost per transaction, higher customer satisfaction, lower prices, and profit per employee, rather than number of transactions or hours worked. Help your owner get beyond the misleading metrics of employee overtime and salary increases. Highlight your productivity and efficiency rather than workload.

Technical Advisors 75

Technical Advisors Startup Satisfaction Customer 75

Startup Professionals Musings

JULY 25, 2018

It’s easy to see how cultures go astray, for example, when you pay only for sales volume, but expect a high focus on customer satisfaction. Establish metrics on the culture, as well as the product. These metrics need the same top management attention as customer retention and sales metrics. Place shapes culture.

Metrics 57

Metrics Startup Netflix Customer 57

Startup Professionals Musings

JANUARY 30, 2016

As a startup investor and mentor, I look beyond the façade to find these eight keys traits in the mindset of every entrepreneur. Sets realistic goals with milestones and metrics to gauge progress. Vision of providing real customer and social value. Accepts full responsibility and accountability.

Startup 58

Startup Satisfaction Entrepreneur Customer 58

Startup Professionals Musings

AUGUST 16, 2017

In the same way, you may think that people assessment is all about skills and experience, but as a mentor to business owners, I have learned to look more for the right attitude, persistence, and determination, as success factors. Takers can never get satisfaction, and they antagonize those around them. Only givers build self-esteem.

Software Review 57

Software Review Technical Review Startup Press 57