The Power of KPI Metrics for SaaS Startups

The best performing companies — like Alibaba, Supercell, Airbnb and Google — have understood the power of metrics. They are very disciplined in tracking their markets, customer behaviour, monthly growth, profitability and network effect from the very very beginning. If you really want to scale, you need to track your performance. It is a good idea to start to collect a Google spreadsheet with your key basic metrics since launch, as capturing your performance using right kind of metrics helps to reach your growth path much sooner than your competitor.

Metrics dashboard will also speed up your fundraising process because it helps investors in understanding your business.

If You’re interested to learn more on Startup KPI’s please read the original article at Arctic Startup released on November 28, 2016

http://arcticstartup.com/opinions/kpi101-startups/

The author is the Founder and CEO at BackedByCFO, CFO as A Service from seed to IPO

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