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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

To win in business you need to follow this process: Metrics > Hypothesis > Experiment > Act. We are far too enamored with data collection and reporting the standard metrics we love because others love them because someone else said they were nice so many years ago. This should not be news to you. Online, offline or nonline.

Metrics 156
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Focus on awareness and metrics are keys to success

Up and Running

These same entrepreneurs read blog posts by Mark Suster, Nic Brisbourne, Eric Ries, and perhaps even Steve Blank, while wholeheartedly embracing the Lean Start-up methodology. Internet entrepreneurs in the UK need to push managing metrics right to the front of their to-do lists. Most meaningful metrics. But they don’t.

Metrics 68
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Turing Distinguished Leader Series: With Partner David Zhang, TVC

ReadWriteStart

I will say the one thing we tell all our portfolio companies is to get fit and lean in. So the “get fit” part of it is whatever your circumstances are today, lean inwards a little bit, do some introspection, and figure out which part of the house requires some cleaning up. I like the get fit and lean in. Jonathan Siddharth .

Partner 132
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Startups and financial models for SAAS companies

BeyondVC

Given my experience with SAAS based companies like GoToMyPC (Citrix Online now) and LivePerson (Nasdaq: LPSN), we also spent some time discussing key financial metrics for SAAS businesses that he should pay attention to as he ramped up his business. Another area that is quite important is churn rate.

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Startup Stories: Looking back on the acquisition of our first 1,000 customers

The Next Web

The best timing is when you are adding 1-3 customers each day and you will see the improvement in the churn rate. Yeah, I’m a big believer at being lean and to always practice continuous deployment. On the other hand, without knowing what is working for our metrics and KPI we will just be in the dark.

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What I’ve Learned About Venture Funding

Both Sides of the Table

But if you don’t – now you have many cynical VCs lining up critiquing your CAC/LTV ratios, your churn rates, your poor performing cohorts. And if you’re lucky and hit product/market fit straight out of the gate – awesome.

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This Is Why You Should Start A Subscription Box Business

YoungUpstarts

More importantly, a subscription business model enables you to manage the cash flow, upgrade your business planning and optimize metrics such as churn rates, the lifetime value of a customer, expansion, and more. It is a bootstrappable model. In most cases, urgency and overwhelm can create a lot of stress.