Remove Business Model Remove Churn Rate Remove Lean Remove Networking
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The Lean Analytics Cycle: Metrics > Hypothesis > Experiment > Act

Occam's Razor

This thought was in my mind as I was reading Lean Analytics a new book by my friend Alistair Croll and his collaborator Benjamin Yoskovitz. In this post, we’ll look at each of the four steps in the Lean Analytics Cycle in more detail. The point is, it's a critical metric for your business. But it is not routine.

Metrics 157
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Focus on awareness and metrics are keys to success

Up and Running

Sure, the barriers to entry are lower, and customers are one mere click away from their growing social networks. They often focus on the things they like doing, or the things they are more comfortable with, to the detriment of their fledgling businesses. Who needs a business plan when there is work to be done?” But the noise.

Metrics 68
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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . But in business, you want a lot of partners. This is a great example of why data businesses have substantial moats. That’s why 40 million Americans use online dating sites.

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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Spend 20% of your time building a network of advisors that can help you. Warning: Typos, run-on sentences, and crappy formatting.

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Webinar Recap: 14 Tips on How to Pitch and Get Funded

Up and Running

Then you can go and join networking groups, depending on what town or city, or country you live in. That’s going to help you put your financials together, and it’s also going to help because everybody loses customers, so in your model you have to be able to say what the retention rate is of that customer as well, and the churn rate.