
You always need to know your numbers. Investor’s need to know the KPI’s to decide whether or not to invest, and entrepreneurs need to know them in order to run a successful startup and to pitch to investors. What are KPI’s? KPI’s are key performance indicators, which measure the progress towards a goal versus an objective, such as financials, customers, process, or marketing, to name a few. In order to set out KPI’s, the goals should be SMART: Specific, Measurable, Achievable, Relevant and Time Bound. Types of KPI’s There are quantitative indicators, and qualitative indicators. Quantitative indicators is what comes...