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The Hardest Equation in Business: LTV:CAC
Most businesses fail long before the founders realize it. Not because the product is bad. Not because the market isn’t real. Not because the team lacks talent. They fail because the math never worked. In B2B companies, the most important equation you must master is: Customer Lifetime Value (LTV) to Customer Acquisition Cost (CAC). It’s…
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Unlock Success: Innovative Self-Reflection Methods for Business Owners
Self reflection is powerful for organizations big and small Annual review time always seems to be just around the corner for most employees but what about business owners. Some of you who own a business or just started a small business on the side are starting to look back at how well you performed. Some…
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How To Be Laser Focused On Your Company’s Profit Margins
Alternatives To Cutting Costs & Raising Prices
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Combining A Process Improvement Mindset + Analytical Skills = An Engine For Growth
Start With Curiosity
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Maximizing Profits
Here are seven ways businesses can maximize profits without sacrificing quality in their businesses. 1. Review your expenses every week. Figure out where every dollar in your business is going. If you’re a large business start to look at the team and department expense carefully. Figure out where money is not getting a high ROI.…
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6 Areas Where I See Data Leading To Better Decision Making
ERP reports Healthcare statistics Social media analytics Economic findings Tax data We’re drowning in a sea of information. We track data for every facet of our society today. Whether it’s our driving information that’s fed to insurance providers for better actuarial calculations or online retailers tracking specific sales of the latest trendy product. However, data…
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