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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. This is how much you spend to get a new customer.

Metrics 150
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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

With the latest advances in software technology, it’s no longer cost-prohibitive for business entrepreneurs, who can’t yet afford a human resources department, to take advantage of analytics tools. Use data analysis and metrics to measure for results. Subjectively measuring employee engagement.

Metrics 98
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You’re the general. So, make your strategic plan!

Berkonomics

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? Aren’t these just goals?

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What is your biggest error in company planning?

Berkonomics

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. That’s likely to be completely unreachable for you with almost any amount of resources. Sources for your data. TAM, SAM, SOM?

Company 156
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Think like a general! Create strategies and tactics now.

Berkonomics

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?

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Netflix employees stage a trans solidarity walkout, pose list of demands

TechCrunch LA

When it comes to content, the group wants Netflix to increase its funding of trans and non-binary talent, bring employee resource groups into conversations about potentially harmful content, hire more trans and non-binary content executives, and revise internal procedures around commissioning and releasing sensitive works.

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How to make the most useful dashboard

Berkonomics

A good dashboard of relevant real time information is now available for most any business, often created by computer software from data derived from monitoring real time tasks within the business. Earliest warning metrics: [Email readers, continue here…] What good is information if you can’t act upon it in a timely manner?

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