article thumbnail

What's the Point of Planning? The Benefits of a 5-Year Business Plan

Mind Tools Strategy

And in the radio station where we worked, large-scale change was looming. So we made a five-year plan – a fairly small-scale one, granted, but, in retrospect, it was actually a very business-minded approach. We looked for useful metrics , including the income we’d need at different points in the plan. Reference: [1] U.S.

article thumbnail

Previewing a full chapter of The Cold Start Problem — my upcoming book dropping in December

Andrew Chen

I saw it first-hand at Uber, which scaled to billions in revenue, and also within startups at Andreessen Horowitz, which has funded companies from Github, Coinbase, and Figma to Clubhouse and Airbnb. How to get them started, how to scale them, and what it’s like to compete. Colorful flags from every country hung from the ceiling.

Scaling 63
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Performance Appraisal: The Ultimate Guide

AIHR

Identifying opportunities for improvement based on pre-determined goals and metrics is a key goal of performance appraisals. Behaviorally Anchored Rating Scale (BARS) The Behaviorally Anchored Rating Scale (BARS) method uses a predefined set of performance standards with specific behaviors describing each level of performance.

article thumbnail

Consumer startups are awesome, and here’s what I’m looking for at a16z (70 slide deck)

Andrew Chen

I presented all of this at the Andreessen Horowitz Summit in 2018, which gathers our portfolio companies, partners, LPs, and close friends. Another note is that this is closely related to, and complimentary, to this deck: The red flags and magic numbers that investors look for in your startup’s metrics. Hope you enjoy it.

Media 100
article thumbnail

27 Best Leadership Books for HR Leaders [2024 Edition]

AIHR

Topics covered Information about what the product management approach means for HR, its benefits, and how to execute it effectively The importance of testing and iteration How to define metrics for success Tools, case studies, exercises, and advice from those who already see the benefits of a product-management approach for their people operations.

Scaling 88
article thumbnail

The red flags and magic numbers that investors look for in your startup’s metrics – 80 slide deck included!

Andrew Chen

The reason for this is that the steps for starting and scaling a new startup share many of the same skills as investing in a new startup: 1) First, we seek to understand the existing state of customer growth – including growth loops, the quality of acquisition, engagement, churn, and monetization. There was a lot to learn.

Metrics 111
article thumbnail

Consumer startups are awesome, and here’s what I’m looking for at a16z (70 slide deck)

Andrew Chen

I presented all of this at the Andreessen Horowitz Summit in 2018, which gathers our portfolio companies, partners, LPs, and close friends. Another note is that this is closely related to, and complimentary, to this deck: The red flags and magic numbers that investors look for in your startup’s metrics. Hope you enjoy it.

Media 40