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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

The spread between your LTV and blended CPA determines either your profitability or your rate of growth, and a high valuation depends on balancing these two factors. To the extent that you have good word-of-mouth, activation or retention, these factors tend to drive down your CPA or drive up your LTV, and so are nice bonuses.

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It's a startup, not a spreadsheet

Startup Lessons Learned

As the product got better, we could see the rate getting closer and closer to the mythical “ one percent rule.&# Luckily, we also discovered that certain other metrics, like LTV and CPA were much better than we initially projected. Even that early, it became clear that 4% was not an achievable goal.

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Beware The Consultant

infochachkie.com

Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. John is a CPA and holds an M.B.A. Guerilla Marketing Fail – What I Learned From The Austin Police. |. from the Wharton School. Note: All of my advice in this blog is that of a layman. Uncategorized (3).

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Business ecology and the four customer currencies

Startup Lessons Learned

A business that strives for something like this should absolutely be charging money from day one, in order to establish baselines for their two key metrics: CPA (the cost to acquire a new customer) and LTV (the lifetime value of each acquired customer). This is the simplest ecosystem and simplest driver of growth.

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