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The $100 MBA Show

MBA676 Metrics. What Do You Need To Track in Your 1st Year?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 6 July 2016

⏱️ 10 minutes

🧾️ Download transcript

Summary

So many metrics, so little time. Good analytics is crucial to making sure your business is actually succeeding, but which numbers matter most? Today, we discuss which specific metrics are most important to track in the first year of your business. Every number offers valuable insight, but by focusing on these specific measurements you can best shepherd a new business through its infancy- and on to future greatness! Click play!

Transcript

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0:00.0

Heyo! Welcome to the $100 R.M. Show, the business podcast, where business theory becomes practical steps every single day with

0:17.4

our daily 10 minute business lessons for the real world.

0:20.8

I'm your host, your coach, your teacher, Omar's at home. I'm also the co-founder of

0:25.8

the $100 MBA, a complete business training and community online over at 100MBA. And in today's lesson, you will learn all about metrics,

0:36.0

especially in your first year.

0:38.0

Which metrics, which stats should you focus on?

0:41.0

There's so much you can track from churn rates to revenue, to open rates on

0:46.3

your email, to subscription rates to traffic. What do you need to pay attention to? Do you need to pay attention to all of it?

0:53.6

What tools should you use to track it?

0:55.6

We get into it in today's episode.

0:57.6

So let's get down to business. Today's episode of the hundred R. M. B. Show is sponsored by HostGator.

1:10.0

At HostGator, they make creating your website and hosting it a cinch.

1:13.6

With one click you can install WordPress and get your website up and running.

1:17.2

Need any help with design services, marketing services.

1:20.4

Hostgator has 24-7 life support by phone chat or email.

1:24.0

Get a tremendous discount 30% off just to go to host-Gator.com

1:27.0

slash MBA30.

1:29.0

Again, that's HostGator.com slash MBA30.

1:32.0

Some of us are very analytics driven meaning that when we run our business we

1:36.7

want to know every single number we want to know how everything is doing and

1:40.3

it helps us get better and improve.

1:42.6

And some people when they start their business,

...

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