There are several key metrics that entrepreneurs should focus on, including:
Revenue: Tracking revenue helps you understand your financial performance. Customer Acquisition Cost (CAC): This metric shows how much it costs to acquire a new customer. Customer Lifetime Value (CLV): CLV indicates the total revenue you can expect from a customer over their lifetime. Conversion Rate: This measures the percentage of visitors who become customers. Net Promoter Score (NPS): NPS gauges customer loyalty and satisfaction.