Remove Acquisition Remove Balance Sheet Remove Lean Remove Metrics
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How to Run Your Company Based on Metrics: What, Why, How, Who, and When

David Teten

I review a lot of board decks with a beautifully hand-crafted page with metrics for the company. Good metrics are comparable across industries; comparative ; readily understandable; and help drive decisions. Comparative means that you can compare a metric across time periods, groups of users, or competitors. So how do you do it?

Metrics 60
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. These metrics make it difficult for a company that wants to invest in long-term innovation. Risk capital has provided financing for new ideas in the form of startups.

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Why Companies are Not Startups

Steve Blank

They measure their success on metrics that reflect success in execution, and they reward execution. These metrics stack the deck against a company that wants to invest in long-term innovation.). It needs the tools and processes pioneered in Lean Startups. Our Investment Readiness Level is just one of those metrics.)

IRR 335
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How to Write a Business Plan for a Subscription Box Service

Up and Running

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. Key metrics. CAC (customer acquisition cost). Your problem and solution.

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How to Write a Business Plan for a Fix-n-Flip Real Estate Company

Up and Running

If you want to put together a strategic plan to map out your business’s growth potential, you might consider a Lean Business Plan. But know that a Lean Plan shares all of the same components of a traditional business plan—it’s just shorter. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics.

El Paso 61
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Webinar Recap: 14 Tips on How to Pitch and Get Funded

Up and Running

You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow. That moves into the customer acquisition strategy. This includes again another acronym I’m going to share, CAC, the cost to acquire a customer, the customer acquisition cost.