Berkonomics

JULY 7, 2022

First, visionary leadership: 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. Email readers, continue here…]. Second: strategic thinking and planning.

Metrics 293

Metrics Ideas Conference Email 293

SoCal CTO

AUGUST 4, 2011

What are your key Startup Metrics ? Major Phases / Major Features - What are the major features in the major phases for the product? Do you transact immediately or on delivery of some product or service? Analytics/Metrics - what are the key startup metrics that you will need to track? Other types of users?

Develop 384

Develop Development Startup SEO 384

SoCal CTO

FEBRUARY 13, 2013

Investors my tell you that, but what they can look at your product on paper and tell what it does and they will understand if it can be built. Investors my tell you that, but what they can look at your product on paper and tell what it does and they will understand if it can be built. Third party products are used appropriately.

Technical Review 338

Technical Review CTO Hire CTO Coach Software Review 338

SoCal CTO

MARCH 11, 2013

Yesterday, I was talking to a startup founder about their MVP and they said something that finally got me to write this post: "I have a few investors interested but they want to see a product." It is almost never the case that you are building an MVP to "show" to an investor the product itself.

Metrics 264

Metrics Venture Capital News Product 264

Berkonomics

NOVEMBER 12, 2020

Can you create a product in a vacuum? Creating a new product in a relative vacuum is an exercise in complete trust that you know what’s best for the customer, perhaps even without interaction with such a customer. On the other hand, most products or services are created in response to a real or perceived need.

Product 156

Product Customer Custom Ideas 156

socalTECH

MARCH 19, 2013

The company said the new product includes reporting tools and metrics to track marketing programs. The new product starts at $39.99 Mogreet said the new offering is an extension of its enterprise text marketing solutions, specifically built for SMBs. a month for 1,000 messages a month. READ MORE>>.

Mogreet 236

Mogreet Mobile Marketing Metrics 236

Berkonomics

DECEMBER 5, 2013

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. I then created a gross domestic and gross international annual market size estimate for my industry’s products.

Metrics 239

Metrics Startup Marketing Demand 239

TechEmpower

JULY 24, 2023

At TechEmpower, we frequently talk to startup founders, CEOs, product leaders, and other innovators about their next big tech initiative. Background Questions Let’s start with some background questions about the business and product. What are your key Startup Metrics ? What problem is your product trying to solve?

Develop 520

Develop Development Technical Review SEO 520

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

Startup Professionals Musings

NOVEMBER 15, 2019

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. It’s the same for customers and products, where analytics have long proven their value.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Both Sides of the Table

OCTOBER 6, 2010

Imagine the “typical&# deal – somebody comes into a VC’s office, they’ve never met, they’re highly referred by a friend and they’re pitching a product demo and a PPT. If I see your alpha product then I can judge how it develops over time. I’m personally 70% management, 30% product.

Startup 360

Startup Venture Capital Invest Slides 360

Both Sides of the Table

JUNE 4, 2013

You need to first create a compelling product. Compelling in the sense that you solve a real problem a target group of potential customers has with a product that is significantly better than the alternatives on that market. You need product / market fit. Product / market fit is everything. ” True.

Startup 401

Startup Customer Custom Technical Review 401

Berkonomics

MAY 18, 2017

The technique, “OST” (objective, strategies and tactics), is a very good way to organize your effort to find guideposts and then develop metrics to measure progress. Create a hosted “software as a service” or “on demand” addition to our product line by end of (next) year. What is a strategy?

Organization 275

Organization Metrics Demand Resource 275

Both Sides of the Table

NOVEMBER 27, 2011

functional workgroups vs. product workgroups). 8:17 How did you decide to go with either shrinkwrap or web only product? 48:30 Vanity metrics. 52:00 Actionable metrics. what is the difference between a “pivot” or a “double dribble” (changing your business completely)? Eric is so damn good.

Social Media 301

Social Media Startup Metrics Media 301

Both Sides of the Table

NOVEMBER 2, 2010

Some objections are real and they end up becoming changes to your product, your service plan or your pricing / bundling. As a founder, when you’ve been dealing with these kinds of objections for a couple of years it becomes natural and you easily handle objections on price, product & competition without much thought.

Sales 289

Sales Startup Training Pricing 289

SoCal CTO

DECEMBER 9, 2009

The mess really comes from a developer who was willing to get started on a product that was not fully thought out. What are your key Startup Metrics ? Of course, we’ll also discuss the details of the product itself. A lot of the product discussion feeds off the answers to this conversation. Other types of users?

Software Development 292

Software Development Development Develop Startup 292

Berkonomics

NOVEMBER 15, 2012

Email readers, continue here.] So think of ways to make each process into a game, one in which there is a defined metric or measure of the winner at the end of a cycle short enough to permit teaching, celebration, challenge, and motivation for the next time played. Create and publish metrics as goals and comparisons to past accomplishments.

Metrics 176

Metrics Competition Coach Email 176

Berkonomics

FEBRUARY 6, 2014

We now know that Steve Jobs created in relative secrecy several of his products that became massive industry drivers of change. The iPad probably would have failed before production, had he used feedback and research from past failures of tablets in any previous form as a guide. And most of us are not Steve Jobs.

Companies 229

Companies Company Startup Customer 229

Berkonomics

JUNE 28, 2018

Start by carefully restating the goal for the process, such as “produce 500 quality units per day” and create metrics to measure the present output and quality (rejects or time lost) with this goal. No matter what your company produces, there is surely a more efficient way to approach the process.

Companies 226

Companies Company Outsource Resource 226

Both Sides of the Table

JULY 16, 2013

It is what is commonly referred to as “vanity metrics” as in, “Look at how many more followers I got us! I’ve tried every product on the market and hadn’t found any other tool that met my needs so to have a chance to ask for what would make me more effective? End of story. Or Likes – LIKES!

Marketing 307

Marketing Technical Review Startup Tool 307

Both Sides of the Table

SEPTEMBER 28, 2013

9 months seems like a lifetime but given how long it will take to ship your V1 product (5 months) and how long it will take to raise your next round (3-4 months) there isn’t a lot of room for error. How can you show “traction” on a product that just launched? They want the end product. Are tacking. It was not.

Startup 417

Startup Course Venture Capital Writing 417

Startup Professionals Musings

MARCH 4, 2019

Is your marketing focus product-centric or customer-centric ? If you only sell products, it’s time to realize that times have changed. With a wealth of products now available, customers look for the most memorable experience , not just the best product. Lifetime value is not intended to relate to length of life.

Customer 85

Customer Custom Product Metrics 85

Berkonomics

AUGUST 15, 2013

Earliest warning metrics: What good is information if you can’t act upon it in a timely manner? Find metrics that will be “leading indicators” of trouble to come. Think of labor efficiency (future product or service delivery impairment) or warehouse inventory (sales slowdown, supply chain management problems) as examples.

Metrics 184

Metrics Software Review Technical Review Statistics 184

TechEmpower

NOVEMBER 13, 2023

This isn’t just our opinion - our startup metrics prove it! Product descriptions and listings require tedious editing to make them engaging - especially after the fortieth one. Are you a founder or CEO or head of product? Go through your product right now and look for empty text boxes.

Generative AI 297

Generative AI Artificial Inteligence TechEmpower Tips 297

TechEmpower

OCTOBER 9, 2023

Enhancing Front-End Product Search We also developed a front-end search tool that revolutionized the way users search for products. Even if certain categories aren't predefined in the database, users still receive relevant product suggestions. cto , infotech , innovation , product , project , saas

Generative AI 348

Generative AI Artificial Inteligence Tool Knowledge Base 348

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

Berkonomics

AUGUST 7, 2014

And the first thing in marketing is to adapt your product or service to the needs of the marketplace. Create metrics for customer acquisition, retention, conversion, reach, or anything that helps you to better understand the effects of your changes to the program. Listening does no good without action.

Marketing 176

Marketing Metrics Education Resource 176

InfoChachkie

NOVEMBER 5, 2012

After repositioning the company as a developer of high-end, premium products, Steve was excited to execute a marketing campaign. However, he stopped in his tracks when he learned that the engineers had only created a single product, rather than a family of graphics cards. We repackaged them and branded them as different products.

Marketing 271

Marketing Startup Sales Customer 271

Startup Professionals Musings

NOVEMBER 7, 2018

Even when your new product or solution fills a real customer need, and has a positive value proposition, many new venture founders are surprised and frustrated to find that excited customers are hard to find and growth is slow. Product is “disruptive technology” or a “paradigm shift.” They know you exist, but any change is painful.

Product 86

Product Marketing Education Examples 86

Both Sides of the Table

DECEMBER 27, 2011

They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million. 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

Startup 418

Startup Venture Capital Sales Technical Review 418

socalTECH

JUNE 1, 2012

Are users willing to check into local businesses with another, mobile check-in product? 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

Startup Professionals Musings

JULY 3, 2020

You need to track what content is resonating with your prospective customers, through metrics including submit rate by content offer, elasticity, velocity, cost, and ultimately revenue by content program. Metrics which must be tracked include number of leads, conversion rates by lead stage, velocity, growth rate, and total lead database size.

Marketing 174

Marketing Invest Demand Metrics 174

Both Sides of the Table

FEBRUARY 27, 2019

If you buy into the argument that a strong board can actually help you then this post will lay out how to help you have more productive meetings by preparing properly in advance. Often board members themselves don’t do the work to say “what metrics would we like to see.” This is part of a broader series on Board Meetings.

Startup 226

Startup Slides Metrics News 226

Both Sides of the Table

MAY 27, 2016

I spend hours thinking about the products, competitors, market opportunities, recruiting and financing of these businesses. I am much more attracted to technical product teams than to new business concepts or commerce types. I know there will be victories, set-backs and even some fights. I feel personally committed and engaged.

Invest 254

Invest Writing Pricing Metrics 254

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. What is your case for defending your method of creating new products or services? It seemed an ideal way to describe a scrappy, entrepreneurial activity.

Artificial Inteligence 189

Artificial Inteligence Startup Metrics Ideas 189

socalTECH

NOVEMBER 6, 2019

According to the company, it has developed a platform that addresses the critical steps of data extraction, transformation, and analysis to give end users access to business data and metrics. READ MORE>>.

Metrics 113

Metrics San Diego Venture Capital Commerce 113

TechCrunch LA

DECEMBER 5, 2018

The former President of ExactTarget and later chief executive of Salesforce Marketing Cloud has made billions of dollars building products to help support customer service and now he’s back at it again with his latest venture MetaCX. If customers are doing the things i want them to be doing through my product. Midwest rising.

Chief Technology Officer 145

Chief Technology Officer SaaS Metrics Customer 145