Remove 2016 Remove Advisory Board Remove Metrics Remove Revenue
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

That should make you wonder - how do you measure traction in a metric? While thinking about the parameters of traction, and how to measure it, I was impressed with a new book, “ Scaling Lean: Mastering the Key Metrics for Startup Growth ” by Ash Maurya, a serial entrepreneur, and creator of the one-page business modelling tool Lean Canvas.

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7 Startup Pitfalls Can Kill Your Business Growth

Startup Professionals Musings

In my role as an advisory board member for several startups, I’m always excited to see that initial surge of revenue from a great rollout campaign. An initial revenue surge, or a major cash advance from investors often leads to a mentality of building a large customer base at any cost.

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7 Steps To Turning Business-As-Usual Into A Moonshot

Startup Professionals Musings

You need to quantify measurable criteria for success, using business metrics. These could include customer penetration, revenue growth, budget guidelines, and industry visibility. It’s time for the executive team and advisory board to commit the necessary funds and people resources to complete the plan.