When you’re building a business, cash is king. Cash lets you do things like hiring and customer acquisition, and the more of it you’ve got at any given time, the faster (theoretically) you can grow. Baremetrics recently tried something that got them an extra $14,000 in cash in seven days. Take a look at how Baremetrics did it.
StatusPage initially worked on increasing their ARPU and it paid off, big time. These are the 3 things they did (and that you can almost certainly do as well) to get your ARPU up and start making more money.
Whether you're an employee or the CEO, everyone at your company should know the answers to these questions.
Email is a part of the product loop where many businesses struggle. Whether you plan for it or not, email is central to the customer experience. Customers typically receive a welcome message, onboarding emails and a newsletter. As they use your product or app, they’ll receive notifications too. Add in receipts, invoices, services outage notifications and pretty soon, it’s difficult ensure you’re presenting a consistent and enjoyable experience. A cluttered email strategy makes for a disjointed product loop.
The 100-Hour Rule: For most disciplines, it only takes one hundred hours of active learning to become much more competent than an absolute beginner.
It may be healthy to be ambitious, but often these thoughts occupy more time than they should and stop us doing the real work we need to do to get anywhere near to those thoughts becoming reality.