Why Misunderstanding Startup Metrics Can Cost You Your Business
Mark Suster
58842
Mark,
I couldn’t agree more with your advice on both concentrating on achieving Gross Margin profitability and understanding the timing of returns on strategic business investments. This holds true whether for customer acquisition, expanding payroll, or (going back in time) the launch of your business. Yes, business is about finding and fulfilling a market need, but the “business of business” is enhancing the probability of securing sufficient time adjusted compensation for the use of your assets.