Steve Blank

FEBRUARY 26, 2020

What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. What is some of the critical metrics that matter? Retention and low attrition are good signs of customer validation. That means you need metrics that prove you have it. Number of customers?

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View from Seed

AUGUST 30, 2016

However, it’s home to some of the smartest entrepreneurs I’ve ever met, along with a long list of exceptional colleges and universities. “Users” is interesting, but the engagement metrics and value of users is where real success comes into play. What customer retention strategies are working best for other florists?

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Social Media B2B North America Media 185

The Next Web

AUGUST 26, 2012

We are currently in the middle of a restart and would like to share our seven lessons learned in the hopes that other entrepreneurs can benefit from our experiences and increase their chances for success. The metrics that matter the most are returning customers (user retention), turnover per customer and viral growth (k-factor).

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Bankruptcy Technical Review Intellectual Property Due Diligence 121

Startup Lessons Learned

DECEMBER 16, 2008

Lessons Learned by Eric Ries Tuesday, December 16, 2008 Engagement loops: beyond viral Theres a great and growing corpus of writing about viral loops, the step-by-step optimizations you can use to encourage maximum growth of online products by having customers invite each other to join. This is essentially a version of the viral loop.

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ConversionXL

FEBRUARY 9, 2016

” April, 2012 – Andrew Chen writes Growth Hacker is the new VP Marketing , which goes viral (2.4K This means users love it, that there’s lots of retention and engagement, even at small numbers. Without metrics or data, a growth hacker can feel out of place and uncomfortably exposed. ” Creativity.

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Startup Lessons Learned

DECEMBER 14, 2009

In a previous post , I covered the three main drivers of growth: Paid, Sticky, and Viral. 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).

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ConversionXL

APRIL 6, 2016

Claire Vo: CRO Metrics for Performance and Insight. Wrong Success Metric (OEC). Revenue is usually a good metric to use to evaluate effectiveness of test. Entrepreneurs thought marketers were going to buy them Super Bowl ads.”. Stephen Pavlovich: SaaS Optimization – Effective Metrics, Process and Hacks.

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Retention Algorithm Software Review Conversion 48

Cracking the Code

DECEMBER 1, 2009

SaaS business metrics: why are they different? Popular Media: the key to viral marketing. Favorite VC and Entrepreneur blogs. The recession created opportunities! ► 06/17 - 06/24. (1). Save the planet! ► 04/15 - 04/22. (1). Don't click on this link! ► 04/08 - 04/15. (1). Software 2.0: Global Warning!

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Startup Lessons Learned

SEPTEMBER 29, 2008

Luckily, the metrics helped us figure out the difference. Question 2: If your product has areas where people read and then different areas where people interact, are there ways to do metrics to determine where people spend their time? Were looking to metrics to determine how users interact with our product.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

APRIL 14, 2009

I have counseled innumerable entrepreneurs to change their focus to revenue, and many companies who refuse this advice get themselves into trouble by running out of iterations. Every board meeting, the metrics of success change. Time-to-complete-a-sale is not a bad metric for validated learning at this stage.

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Ben's Blog

MAY 15, 2020

What are those metrics? Andrew : If you are a travel company right now, I think you’re seeing very specific metrics dropping. As a result of that, all of those metrics go up. But the only way that you actually get a decent picture of that is by going through each one of these individual steps and asking those questions.

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Startup Lessons Learned

OCTOBER 7, 2008

I think its helpful to think about two kinds of competition for distribution: acquisition competition and retention competition. On the web, we have many of these channels: SEM, SEO, world of mouth, PR and viral. Retention competition is how you get people to come back to your app. My advice: dont launch big.

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San Francisco Lean Retention SEM 68

Duct Tape Marketing

MARCH 30, 2023

Laughs and playfulness will connect your team and help strengthen bonds and relationships amongst them, which then will help solve issues that can be found in unhappy employees such as retention, engagement, physical and mental health problems, or lack of innovation and creativity. Listen to creative elements wherever you get your podcasts.

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blog.expensify.com

APRIL 24, 2012

Do you “entrepreneurs” really think a guy or gal that can compile Linux on a bicycle wants to write a secure payment processor on an iPhone, or a Flash app that runs on every browser? I am an entrepreneur and own a start-up, and have hired many coders over the years. And it was slow going to master that. … James.

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