1. Cash Flow — cash flow is the lifeblood of any business. Track all cash inflows and outflows. Remember, sales is not cashflow. 2. Customer Acquisition Cost (CAC) — divide all costs spent on acquiring customers by the number acquired. 3. Customer Lifetime Value (CLV) — predicts the total revenue from a single customer throughout the relationship. 4. Conversion Rates — track conversions through your CRM at different stages and identify where improvements are needed. 5. Revenue Growth Rate — calculate by subtracting previous week's revenue from current week's, divide by previous week's revenue, multiply by 100. Monitoring these KPIs weekly gives entrepreneurs powerful insight into operations, allowing for swift pivots and informed decision-making.
21 uncomfortable truths from 450+ world-class entrepreneurs. The raw wisdom that separates misfit operators from everyone else.
Download Free →