Page 93 - The 7 Day Startup: You Don’t Learn Until You Launch - PDFDrive.com
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people
you don’t know as customers.
Set a goal for the first month and re-visit it each month after that. My team
uses a live Google doc for tracking financials. It requires manual updating,
but it’s great for motivation and it allows you to have live estimates instead
of relying on old data in accounting systems. There’s a free template at
wpcurve.com/7daystartup.
Don’t measure something that no longer represents an important metric for
your business. The OMTM will change over time.
Below are two tables. First is a table providing you examples of what your
OMTM could be at any given time. Next you will see an example of a live
financial metrics spreadsheet for a typical business.