Occam's Razor

AUGUST 13, 2012

That means: All of these metrics are off. If you really want help here, hire a very very good business (not analytics) consultant. If you are using GA and you need help then hire a GACP ( [link] ), if you are using Adobe, WebTrends, IBM et al then please hire a consultant with experience in those tools. Hopefully soon!

Analytics 125

Analytics Channel Metrics Web 125

Startup Lessons Learned

APRIL 14, 2009

Every board meeting, the metrics of success change. First of all, it means that most aggregate measures of success, like total revenue, are not very useful. Time-to-complete-a-sale is not a bad metric for validated learning at this stage. Thank you for your simple, insightful explanation of why that is the wrong metric to use.

Customer 167

Customer San Francisco Lean Hockey Stick 167

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Designing startup metrics to drive successful behavior Great companies are almost always run by great management teams. Good metrics should also be actionable, and drive successful behavior. In a follow up post, I will use this technique to walk through the design of a set of metrics for a SaaS company.

Metrics 55

Metrics Design Entrepreneur Startup 55

The Startup Magazine

MARCH 1, 2021

By interconnecting the design, procurement, and construction process into a single software platform, we provide customers with an “aggregated source of truth” for their projects delivering a unified offering to them that streamlines the entire process. TSM: As Atlas Group has grown, what have been the primary challenges? Quality control?

Technical Review 125

Technical Review Founder Saudi Arabia Cofounder 125

Startup Lessons Learned

JUNE 5, 2009

In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. Similarly, it’s easy to generate large aggregate numbers by simply falling back to non-disruptive or non-sustainable tactics (see Validated learning about customers for one example). June 8, 2009 1:16 AM Colin said.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

MAY 1, 2014

Milestones and Metrics. Use this chapter to describe your current team and who you need to hire. Instead, they prefer to buy through large distribution companies that aggregate products from lots of suppliers and then make that inventory available to retailers to purchase. Milestones and Metrics. Read more ».

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Lessons Learned

AUGUST 24, 2009

Despite all the energy invested in talking to authors about the size of their platform, very few gatekeepers have a rigorous set of metrics for measuring it. The problem is that there are no other metrics they can look at to judge the content of a book to know if it’s worth reviewing. Is that a lot? In that I see opportunity.

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Startup Lessons Learned

FEBRUARY 22, 2009

But aggregated across many schools, there are thousands or tens of thousands of them. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Startup Lessons Learned - the Conference (April 23.

Programming 143

Programming San Francisco Lean Continuous Deployment 143

Startup Lessons Learned

DECEMBER 30, 2008

Lessons Learned by Eric Ries Tuesday, December 30, 2008 Assessing fit with the Wisdom of Crowds When I wrote earlier about how to conduct a good technical interview , I had only a few things to say about how to assess if the candidate fits in with the team, including this: This responsibility falls squarely to the hiring manager.

San Francisco 83

San Francisco Lean Continuous Deployment DC 83

ConversionXL

JUNE 20, 2019

In comparison, Facebook Live shows overview metrics like minutes viewed, average percentage completion, and unique viewers.). It improved hiring, too, driving an 8X increase in applicants from 200 to 1,600 in just two weeks. Brightcove analytics aggregated data effectively across those platforms.

Hosting 127

Hosting Video Technical Review Software Review 127

Startup Lessons Learned

DECEMBER 14, 2009

In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. In an ecosystem, each participant acts according to its own imperatives, but these selfish actions have an aggregate effect. Why vanity metrics are dangerous What is Lean about the Lean Startup?

Customer 156

Customer San Francisco Viral Lean 156

ConversionXL

AUGUST 19, 2020

You wouldn’t hire a brain surgeon to treat your heart condition. We’ve had clients report SEO metrics from Adobe Analytics, while PPC metrics came from Google Analytics (because of its native integration with Google Ads). You end up with a Venn diagram that aligns shared goals and each team’s secondary metrics.

PPC 69

PPC SEO Channel Analytics 69

ConversionXL

MAY 16, 2018

Know the difference between leading and lagging metrics. While it’s always necessary to keep track of lagging indicators to evaluate ongoing performance, as marketers we want to understand what causes those metrics to move either up or down. As you can see, leading metrics differ wildly depending on the brand and industry.

Marketing 133

Marketing Metrics Programming Design 133

Startup Lessons Learned

JANUARY 4, 2009

Using memcacheds multiget, which allows the fetching of many keys in parallel, I have written code to aggregate all the shard lookups for a given page and prefetch them, reducing the overhead even further. The mappings never change (unless you build a data migration tool, in which case they change rarely) and so are easy to cache.

San Francisco 151

San Francisco Architecture Startup Database 151

betashop.com

OCTOBER 8, 2012

The most important hiring criteria for your executives is cultural fit. As CEO, you are responsible for every hire. Until Fab reached 150 people, Bradford and I interviewed every single person we hired. If we make a hiring mistake - and we do from time to time - I put that blame on me, not on anyone else.?. Fab Culture.

Technical Review 108

Technical Review Technology Software Review Valuation 108

crowdSPRING Blog

JULY 20, 2015

Well it starts with hiring the right people (a discussion we will leave for a different blog post), and continues with strong training regimens (another future post, ok?), How is this possible? That such a small team can respond so quickly and effectively in a high-volume customer service context?

Small Business 48

Small Business Customer Intellectual Property Aggregator 48

David Teten

APRIL 1, 2021

aggregates resources from all the VCs. For instance, tracking ‘months-of-runway’ combined with the month-over-month change to that metric allows us to rapidly identify companies that may be distressed. For example, I suggest it doesn’t make a lot of sense to hire a full-time team member who’s an SEO consultant. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Startup Lessons Learned

JANUARY 18, 2010

Examples of things I monitor are the numbers of user activations, active users, and aggregate page hits to user galleries. Examples of things I monitor are the numbers of user activations, active users, and aggregate page hits to user galleries. Application level diagnostics Despite the best testing, defects still happen.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup Angel Investor 175

David Teten

SEPTEMBER 23, 2017

An investor had few hard metrics other than the actual financials, and little technology to make the process scaleable. Over the past few decades, better metrics became available, and investors could take a more analytical, data-driven approach. ” Historically, investing was a manual, artisan process.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

om.co

FEBRUARY 5, 2013

In the early days, my belief was that blogs (or as I called them micro-pubs back in 2002) would grow really fast and it would allow me to aggregate large subsets of audiences around specific niches. But that is the real metric of success as far as I am concerned. And so we built our company. Back to the top. I smiled to myself.

Founder 80

Founder Conversion Distribution Silicon Valley 80

Occam's Razor

SEPTEMBER 29, 2009

Remember: Engagement is not a metric, its an excuse. ]. The ideal metrics for this desired outcome are Visitor Loyalty & Visitor Recency. You can compute two important metrics: Likelihood to Recommend / Brand Lift. You can measure this at an aggregate level, or you can measure it just for your campaign traffic.

Campaign 130

Campaign Analytics Metrics Search 130

David Teten

DECEMBER 3, 2019

Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking. The simplest way to track a company’s performance: have them give you access to their internal metrics dashboard. I used Ipreo heavily at one of my prior VC funds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Hearpreneur

JULY 8, 2017

Some innovators with integrated business models like Kaiser Permanente are making great strides in aggregating your patient data and making it accessible to you. When I’m hiring someone to join our team, I always ask if they can tolerate uncertainty, or if they seek out situations where the instruction book hasn’t been written yet.

Technical Review 54

Technical Review Fractional CTO CTO CTO Hire 54

Occam's Razor

JANUARY 4, 2022

We can all use head fake metrics to calling out useless activity metrics. [ None of them are KPIs, most barely qualify to be a metric because of the profoundly questionable measurement behind them. ]. It is not a leap to suggest that it is a big distraction from what's important to anoint this barely-a-metric as a KPI.

Conversion 129

Conversion Analytics .Net Metrics 129

Occam's Razor

JANUARY 7, 2014

11: Close to zero aggregated analysis exists, everything's segmented. #10: No company hires anyone called a Reporting Squirrel. Everyone hires what they believe are Analysis Ninjas. Again, remember no company actually hires anyone called a Reporting Squirrel. Most companies hire a Web Analyst, Sr.

Analytics 142

Analytics Web Metrics DC 142

ConversionXL

JULY 11, 2016

“Umbrella terms” are when you aggregate multiple features and benefits under one vague term, like “powerful” or “easy-to-use.” Create Calculated Metrics (CLV, CPS, Non-Bounce, CAC). Custom Metrics can be used as events (AKA tracking on steroids) and they should be for your 10-15 top events.

PPC 48

PPC Analytics Video Non-Compete 48

ConversionXL

JULY 10, 2019

On a micro level, each section or chart should lead with priority metrics, or KPIs , followed by secondary metrics. . Many reporting tools lead with secondary metrics , which measure “what must not be broken” (instead of “what needs to be fixed”). Always start with the big picture. What happened.

Metrics 133

Metrics Analytics Green Aggregator 133

Startup Lessons Learned

SEPTEMBER 19, 2009

In fact theyd cause there to be more jobs for Americans, because the companies they started would hire more employees as they grew. 2gov.org automatically routes your tweet (aggregating it with everyone else whos expressed a similar point of view) to the right legislator or agency. Startup Lessons Learned - the Conference (April 23.

San Francisco 150

San Francisco Founder DC Washington 150

Up and Running

SEPTEMBER 20, 2012

You can search company accounts going back 20 years (aggregated from UK Companies House) and view millions of company profiles, which have details from a variety of “free, open and paid sources and providers.” For basic SEO metrics, the MozBar from SEOmoz is a quick and easy tool that gives you instant information on the sites you visit.

Aggregator 80

Aggregator Database Metrics Internet 80

A Crowded Space

NOVEMBER 24, 2014

There’s a saying, “Nobody has been fired for hiring McKinsey.” » In completely open marketplaces, quality is at the control of the buyer who makes the hiring decision. The number of full-timers is an essential metric. Marketplaces do an excellent job at aggregating demand.

Reputation 106

Reputation Curation Demand Syndicate 106

BeyondVC

OCTOBER 2, 2015

Wait, isnt user engagement more of a consumer metric? It is, but it is equally as important to focus on this metric in the enterprise. This is also the reason why next to VP of Sales, I would argue a VP of Customer Happiness/Success is a crucial hire.

Revenue 60

Revenue Customer Metrics Aggregator 60

BeyondVC

OCTOBER 2, 2015

Wait, isn’t user engagement more of a consumer metric? It is, but it is equally as important to focus on this metric in the enterprise. This is also the reason why next to VP of Sales, I would argue a VP of Customer Happiness/Success is a crucial hire. My answer is the less obvious one?—?focus

Revenue 60

Revenue Customer Metrics Aggregator 60

Up and Running

AUGUST 12, 2015

A persona is an aggregate of all the traits that your customers have, so that it becomes your most common customer. I want to have enough revenue to hire a manager. Our Personnel Plan is basically our hiring plan, and it’s where you put the salaries for all the people you plan to hire. The best is not specific.

Forecast 60

Forecast Video Business Plan United States 60

Occam's Razor

MAY 2, 2017

There is no golden metric for everyone, we are all unique snowflakes! :). and tell you what are the best key performance indicators (metrics) for them. In the past I’ve shared a cluster of metrics that small, medium and large businesses can use as a springboard…. If you want to play along. Don’t read what I’ve chosen.

Metrics 143

Metrics Acquisition eCommerce Analytics 143

Occam's Razor

SEPTEMBER 30, 2008

I have tried to find some metric that mixes Y/Y and M/M, but to no avail. Here's me comparing performance of this blog over two years for the Visitors metric: Overall happiness reigns, I think. Or you just hired me to do consulting for you this year at $10 per hour? Do you have any thoughts on this matter?

Analytics 68

Analytics Metrics Search Florida 68

This is going to be BIG.

MAY 26, 2022

You’d like to believe the world is completely meritocratic—that you’ll put your heads down to work on your company, hit all your metrics, and just show up on the doorstep of a VC firm who will just be bowled over at the fantastic little company you’ve created. Unfortunately, this has real consequences for founders.

Founder 103

Founder .Net Term Sheet Aggregator 103