Startup Funding Espresso -- Metrics by Stage of Life
Metrics by Stage of Life Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Startups go through three stages of life: product, growth, and operations. In the first stage, the startup focuses on the product. The objective is to find product-market fit with the focus entirely on the product and its use by the customer. Key metrics include number of signups, usage metrics, and number of customers.\xa0 The next stage is growth which includes a go-to-market plan, effective marketing channels, and a scalable business model. The objective is to find the sales and marketing actions that achieve growth at a reasonable cost. Key metrics include cost of customer acquisition, retention rates, and sales metrics. The third stage is operations which focus on the underlying functions supporting the business. The objective is to tune the business model and the operations for maximum efficiency to allow for scaling.\xa0 Key metrics include margins, sales efficiency, and burn rate. Each stage of the startup has a focus and a set of metrics.\xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Please , share, and leave a review. Music courtesy of .