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What To Focus On As A New Business Owner
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[QUOTE="moonchild, post: 276170, member: 57467"] As a new business owner, it is really overwhelming to stay focused on the task at hand, there are a lot of distractions, from people, social media and other mediums, you have to learn to shut it and focus on what we are going to talk about today. The number one metric that matters is Growth. Growth is the only think a business owner should be worried about, because without getting it right a business will not be able to make profit talk less of scaling. But with growth, you'll have a lot of leverage like raising a round from investors, hitting your revenue targets, more people will want to work with you. Growth is what differentiate a successful business and an unsuccessful business. If you're to start talking with an investor the first thing they'll ask you is growth, they want to know if your venture will succeed or not. So while starting out put your efforts towards growth and forget about any vanity metrics. Growth might means different things to different people, If you have a consultation business growth will mean landing high paying clients and if you have an app growth means having more active user, understand where it applies to you and act accordingly [/QUOTE]
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