Startup Success: KPIs for Agility and Growth, and Sales Strategy to Self-Care

Author

Benjamin Friedman
February 27, 2024

Morning beehiivcommunity! We help startup founders scale their company functions, teams, and metrics. This newsletter leverages our experience and expert insights to grow your business quickly and smartly. Today, we look at the early value of KPIs.

"If you can’t measure it, you can’t improve it."

Peter Drucker

Startup Success: Harness the Insights of KPIs Early & Often

Founders may be driven by passion but should remain influenced by facts. While key performance indicators (KPIs) may feel like a distant need in startups, capturing the right metrics helps to immediately navigate fast-paced market dynamics, encourage agility and profitability, and extend cash flow. 

Even without sophisticated software, you can track critical metrics to best inform and test your decisions. Objective metrics clarify how we want to grow, prevent founders from succumbing to biases, and keep us agile as markets shift.

Expert Tips for Startups

This section calls on other experts to offer quick, valuable insights into leadership and startups.

Pillars of Startup Success: From Sales Strategy to Self-Care

Invest in a short-term Sales consultant to refine your strategy and optimize processes using tools like HubSpot. Hire a Business Development consultant to enhance outreach on platforms like LinkedIn. Build a community for ideation, support, and to help you plan for long-term goals like an IPO or acquisition. With all these efforts, prioritize self-care for sustained success.

Click here for a longer version of these ideas.

Netta Jenkins is the CEO of Aerodei, a groundbreaking inclusive performance platform revolutionizing how we measure and empower employees and employers.

Founder Tools

Build Scale Grow offers strategy and execution plans to extend the runway, establish processes, track progress, and implement cross-team initiatives like RevOps, KPI Dashboards, and Customer Success. To learn more, here are some helpful tools:

Startup Diagnostic As you prepare to scale, Build Scale Grow offers a free diagnostic tool that can holistically assess your company, in just 10 minutes to figure out your next steps

Productivity Hacks Look at ways to improve your planning, timing, and environment by addressing your established habits.

Facing Your Fears Martin Luther King, Jr. said, "Courage is not the absence of fear, but the triumph over it.” Entrepreneurialism is uncertainty, and uncertainty fosters fear. Learn how to demystify fear in the name of progress.

Champagne AND Coffee Startup founders need to keep pushing forward but they also need to know when to celebrate the wins. Learn more about balancing progress and success to maintain momentum.

Survival Guide for Founders

Scale: Reach Your Peak covers a range of topics, including leadership, growth, sales, operations, finance, and teams. In just 5 minutes, gain valuable perspectives to make informed decisions efficiently.

Before You Go!

If you have a specific topic in mind for a future newsletter or feedback, write to us at [email protected].