article thumbnail

Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy.

Metrics 150
article thumbnail

53 Questions Developers Should Ask Innovators

TechEmpower

” Of course, it’s more complicated than just checking boxes on a question list. What are your key Startup Metrics ? Analytics/Metrics What key startup metrics will you need to track? What metrics will you need for future funding rounds or operations? How will you be taking this to market?

Develop 520
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Startups Can Use Metrics to Drive Success

Both Sides of the Table

Having a set of metrics that you watch & that you feel are the key drivers of your success helps keep clarity. And the more public you can make your goals for these key metrics the better. You’ll have no idea when you’re off course. Revenue Metrics. Here are some measurements I think about. lowering $1.50

Metrics 346
article thumbnail

Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course. Use data analysis and metrics to measure for results. Common sense and emotionally driven decisions are sub- optimal in assessing team members. Working on the wrong problem or assumption.

Metrics 98
article thumbnail

Granularity and Consistency of Startup Metrics

SoCal CTO

Part of those questions are around Startup Metrics. This aligns with understanding the the core business model: Get Users (= Acquisition, Referral) Drive Usage (= Activation, Retention) Make Money (= Monetize) (and Lifetime Value is a good one) Of course, that’s a big part of what the investor wants as well.

Metrics 159
article thumbnail

Where’s your team playbook? Hmm?

Berkonomics

But you know that of course. Well, if you have a plan but do not share it with your direct reports, then they are acting without motivation toward mutual goals, without metrics to measure their progress toward the goals, and without the leadership that makes great winners. Your team playbook. What is different about you as a manager?

Coach 120
article thumbnail

10 Metrics To Drive Your Annual Business Review

Startup Professionals Musings

What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Cost of customer acquisition.

Metrics 100