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Interview with Michael Wong, MergeLocal

socalTECH

We caught up with co-founder Michael Wong , who told us about how the company is looking to change the model for local check-ins, and also help businesses with getting the word out about their services. The big thing for us has been those connections to investors and mentors. The feedback, mentors, and connections are amazing.

CTO Coach 223
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10 Stumbling Blocks To Innovative Business Thinking

Startup Professionals Musings

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Using data metrics alone for decisions, without seeking the root problem and alternative solutions, kills creativity. Failure to learn.

Metrics 157
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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. Customers have no tolerance these days for multiple interactions, necessary support requests, poor customer service, or bureaucratic processes. Utilize outside expertise and mentoring.

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5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Today, customer loyalty is based on the “ total customer experience ,” as opposed to price or service alone.

Mentor 133
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How to make a business partnership a success

Berkonomics

community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. . Addition of new services or product lines. Clarify operation responsibilities and metrics used to measure performance. Business partnerships have their advantages and disadvantages.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. Culture and environmental changes come quickly, or take longer than anticipated, as the number of markets you must service increases.

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9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

In most businesses, this means selling something, and proving that your product or service has value. 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.

Metrics 140