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Joe Blau š©
@joeblau
I'm about to start my second startup and I've decided not to measure my business success by any useless metrics.
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meta-david š„| Building Scoop3
@metadavid
What do you find to the useless ones you often times see? Like vanity social media metrics?
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Joe Blau š©
@joeblau
Iām focusing on revenue. My last startup focused on so many metrics that that never really translated into anything sustainable.
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meta-david š„| Building Scoop3
@metadavid
Hard to say since I don't know the nature of your startup, but I think there's something to be said about identifying drivers of revenue and generating a balanced scorecard for that, and narrowing focus on those metrics to drive revenue. But again, it also depends on the nature of your startup, and I also think that approach is more applicable and effective for larger corporations where you want them more narrowly focused on like doing 3 or 4 things really well and assuming (hoping?) that materializes into revenue/profitability.
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