 | From the Editor's Desk
Startup Priorities - Geoff Ralston
One of the most difficult tasks for a startup founder is deciding what to do. Where should the tiny number of people working on a brand new company spend their time? Choosing wisely can place your company on the road to success. Spending too much time on the wrong things can condemn the startup to an early death. How do you know whether you are making the right decisions in time for your company to not die?
Usually, my answer to founder questions such as "how should I be spending my time?" is spectacularly simple. Choose a key metric to track and focus exclusively on making that metric grow. When deciding what to do, choose the activity that you believe will directly result in increased growth of your chosen metric.
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| From the Editor's Desk
Startup Priorities - Geoff Ralston
One of the most difficult tasks for a startup founder is deciding what to do. Where should the tiny number of people working on a brand new company spend their time? Choosing wisely can place your company on the road to success. Spending too much time on the wrong things can condemn the startup to an early death. How do you know whether you are making the right decisions in time for your company to not die?
Usually, my answer to founder questions such as "how should I be spending my time?" is spectacularly simple. Choose a key metric to track and focus exclusively on making that metric grow. When deciding what to do, choose the activity that you believe will directly result in increased growth of your chosen metric.
Continued here
Advertisers of the day
Wharton Business Analytics Team: Business Analytics: From Data to Insights | Starts Sept
EMERITUS on Behalf of Columbia Business School Exec Ed: Value Investing (Online) by Columbia Business School Exec Ed
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Tech In Asia lays off staff after canceling planned ICOEarlier this month, media startup Tech In Asia surprised its readers when it announced plans to implement an $18 per month paywall. That puts it in line with packages for the Bloomberg and the Wall Street Journal, the subscription went live this week. It's designed to make the business self-s… |
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