Posts

Showing posts from September, 2022

Here are 16 basic metrics every biz owner should know : But, most founders don't know their KPIs.

 There are two main types of KPIs. 1. Lagging Indicators These measure past performance, revenue, and customer activity. 2. Leading Indicators By analyzing both, you better understand your biz, ad how to scale it: 1. Annual Contract Value (ACV) How much is each contract worth per year? Total monthly contract x 12 = ACV Ex: $1,500 x 12 = $18,000 ACV 2. Annual Recurring Revenue (ARR) Identifies how much recurring $ your biz makes per year. (Overall subscription cost per year + Recurring revenue from add-ons or upgrades) - Revenue lost from cancellations = ARR Ex: ($1M/yr Subscriptions + $200k Recurring upsells) - $300k Lost to churn = $900k ARR 3. Average Revenue Per User (ARPU) Quantifies the $ value of each customer. Total revenue / Average # of users = ARPU Ex: $1M/yr Revenue / 1,000 Users = $1,000 ARPU 4. Customer Acquisition Cost (CAC) Identifies the total cost to get a new customer. (Cost of sales + Cost of marketing) / New customers acquired = CAC Ex: ($500k Sales commissions ...

Sentences that will make you a better husband and father today

Your wife doesn’t want you to need her. She wants you to choose her, every day. Never stop doing the things that attracted your wife in the first place. The greatest danger to your marriage that nobody talks about: boredom. Be exciting. No matter what the media says, your wife doesn’t want you to have a dad bod. Sometimes the best form of communication is listening. A relentlessly optimistic disposition is a marriage hack.  Complaining is a marriage killer. The greatest advantage you can give your kids in life is to love their mother. It’s not your wife’s job to make you happy. It’s not your kids’ job to make you happy. It’s your job and yours alone. Define your family values with your wife. If your kids are older, let them help. Talk about them as a family every day. Your son will follow your example. Your daughter will marry it. The three sacred roles of a father are protect, provide, prepare. In that order One day your kids will ask you to play for the last time. Ban the words “...

13 Unpopular opinions will make you very, very rich.

I quit in my mid-30s working a regular job and doing the opposite of what most people tell you to do. These 13 unpopular opinions will make you very,very rich. 1. Company loyalty will make you poor. Screw those 3% cost of living raises. Want to make REAL money? Start switching companies.  If you Switch employers every 3 to 4 years and got 15-20% raises each time.  100% pay increase every ten years. 2. Most millionaires are self-made. Yes, we all "get help". But, the vast majority don't just inherit our wealth (it's proven). Rich people earn it.  ▫ They start a business ▫ They invest in real estate ▫ They invent a new product They provide value. 3. Getting rich is a habit. Habits are the things we do without thinking about them. Rich people's habits are different. Rich people: ▫ Rarely complain ▫ Think long-term ▫ Have tangible goals ▫ Know that time is money ▫ Diet and exercise regularly 4. Your significant other will make you or break you. The right spouse wil...

Things I know at 42 that I wish I knew at 22

 I have more but I'll stop there. I'm not an old man yet but I've learned a few things in 4 decades. Hope you got value out of this. ----------------------------------------------------------------------------------- 1. Stop using your workouts to burn fat at the gym. Use them to build muscle & get strong. 2. Quit porn. The damage it does to your brain is too great of a cost. 3. Instead of using porn, drugs & alcohol to numb what you're feeling learn how to deal with your emotions. 4. Your diet affects your mood, energy & body. What you put in is what you get out. 5. You can delay if not reverse the aging process by giving a fuck about your body. 6. Your parents did the best they could with what they've been taught. Forgive them & move on. 7. Call your parents. Spend time with them. You don't have as much time with them as you think. 8. Set an automatic amount of money to be saved. Invest that money. Your Rupees are soldiers. Create an army to bu...

Things I know at 31 that would have changed my life at 21:

 Adopt these principles and you'll thank yourself for doing so sooner than you think. I hope you find them valuable. 1. Stop buying dumb shit. If you do, make it rare and inexpensive. 2. Life isn't fair. Stop trying to make it fair. Make it unfair to your advantages instead. 3. Your employer does not care about you. If you can make money elsewhere, do it. 4. Introverts aren't anti-social, they just hate drama, stupidity, and fake people. 5. Invest early and often so work becomes optional sooner. 6. Successful people aren't special. 99% of them just never gave up. 7. Alcohol has 0 benefit. It makes you poorer, dumber, and fatter. 8. There is little value in caring about things you cannot control. 9. Accountability and maturity are the same thing. 10. Avoid high interest debt at all costs. 11. A sheep who drives a Mercedes to the slaughterhouse is still a sheep. 12. 9-5 jobs are inefficient income sources. Start an online side hustle ASAP. 13. "Escaping" on a va...

7 things you won’t give a fuck about in 10 years:

 1. Saying “no” How many times have you done something simply because you felt obligated?  Or you didn’t want to hurt someone’s feelings? Let the power of “no” liberate you. A full-hearted “no” will always be better than a half hearted “yes”. 2. Other people’s opinions Opinion’s are like assholes, everyone’s got one, and they’re all full of shit. But really.  Other people don’t know your life, and it’s not their responsibility to. Stop taking what they say or think so personally.  It will never get you anywhere. 3. How “silly” you looked It’s a tragedy how many dreams go unfulfilled simply because people are scared of looking silly. • Start that YouTube channel • Build that home business • Put yourself out there Those who mind don't matter, and those who matter don't mind. 4. How many likes you got This is one I’m working on myself. When your identity gets tied up in social media it can be easy to let your self-worth get tangled up in it too. It’s a slippery slope. U...

This took me 11 years to learn, I'll teach you in 3 minutes. Here are uncomfortable truths about life that'll put you 10 years ahead...

 The more you learn, the more realize you know too little; be teachable. 1. Focus on what matters, everything else will fall to place. 2. Silence is better than meaningless words. 3. Let go of the past, it should have been a class not a home. 4. Treat pleasure and pain as temporaries and don't them define you. 5. You were born alone and the consequences of your actions will hit you most. 6. The greatest victory is when you conquer yourself. 7. Nothing is impossible, you just need to learn, practice and give yourself time to get better. 8. Lower your expectations on anything or anyone. Chances of anything happening are infinite. 9. To get anywhere in life, you need to stop listening to your mind and trust your gut. 10. The best class is learning from everyone and everything. 11. Never trust too fast. The chances that anyone can betray you depends on the intensity of dilemma presented to them. 12. Under everyone's hard shell is someone who wants to be loved, appreciated and under...

HABITS....

 1. Fix your schedule and sleep at 9:00 PM to be awake at 4:00 AM 2. Quit your excuses and work out for 30 minutes daily 3. Include 2 eggs plus fresh fruits in your daily dieting to optimize your health. 4. Prioritize 2 cold showers a day with no excuses. I promise your self discipline will be boosted. 5. Listen more than you talk and be teachable. 6. Learn to say "NO" unapologetically and get busy minding your own business. 7. Make attempt and read 50+ pages to sharpen your mind 8. Learn a new skill every 3 months and spend another 90 days developing it 9. Set on a morning walk after having 2 glasses of water immediately after sleep. 10. Sleep a quarter of your day to reset your focus and boost your mood 11. Put your phone away or uninstall your social network to save yourself Ai manipulation. 12. Avoid sex especially at the initial stages of your personal growth. 13. Please no one, atleast do something for yourself for 6 months 14. Go for 1000 hours without watching the new...