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One
of the common characteristics of technology start ups is that they
do not specifically state key assumptions. This is very important
so that you can replace assumptions with facts as your business
develops. You can't improve what you don't measure.
Key metrics for new ventures are:
Marketing
Metrics
Market Definition
Market Share
Value Propositions
Financial Metrics
Cash Flow Break Even
Profitability Break Even
Cost of Selling
Sales
Productivity Metrics
Sell Cycle Length
Average Order Size
Close Rate
Quota Achievement
New Rep Ramp Time
Sales Turnover
Sales / Sales Support Ratio
Customer
Metrics
Category Share
Repurchase Rate
Click Here to learn more on ways you can improve performance
through the use of metrics.
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