Remove Acquisition Remove Metrics Remove Report Remove Software Review
article thumbnail

7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software.

Customer 100
article thumbnail

6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

No matter how passionately you believe that everyone needs one, and positive feedback from friends and early adopters (false positives), before you invest in scaling the business, make sure you set and meet good metrics in cost of customer acquisition, recurring sales, and margin. Mergers and acquisitions also require new skills.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Want to Get Rich? Listen to Your Customers Like These Founders……

Steve Reich

MindBodyOnline is a terrifically succesful SaaS company, based in San Luis Obispo, that provides scheduling and transactional software for Yoga studios, hair salons, and spas. MBO is very metrics driven, and their shareholder reports are dense with detailed, disciplined reporting that remind you that Rick is former Naval officer.

article thumbnail

How to Prepare for a Board Meeting to Make Sure you Crush It

Both Sides of the Table

I know that’s obvious but I find that many management teams aren’t disciplined about how they measure success (other than standard financial reporting?—?and Often board members themselves don’t do the work to say “what metrics would we like to see.” and even that can be “seat of the pants” sometimes). Sometimes they don’t even know.

Startup 226
article thumbnail

It’s Morning in Venture Capital

Both Sides of the Table

The most recent report to weigh in on the troubles of the industry was produced by the esteemed Kauffman Foundation. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Thank you, Aaron Sorkin!