That is different for every business.
My company mows lawns. Here’s some things I watch for and want to ‘prove’.
1. Can we get customers to sign up at X price?
2. Can we get employees to get the work done in Y amount of time?
3. Can we find these employees and keep them and pay them Z amount?
4. Can we acquire customers with paying less than W for each one with advertising
If I can hit good numbers, I have proven it to be viable. You must be able to get customers, and at a good price, and at a good acquisition cost, and get the work done, with certain efficiency metrics, and then you have a working ‘model’.
My company mows lawns. Here’s some things I watch for and want to ‘prove’.
1. Can we get customers to sign up at X price?
2. Can we get employees to get the work done in Y amount of time?
3. Can we find these employees and keep them and pay them Z amount?
4. Can we acquire customers with paying less than W for each one with advertising
If I can hit good numbers, I have proven it to be viable. You must be able to get customers, and at a good price, and at a good acquisition cost, and get the work done, with certain efficiency metrics, and then you have a working ‘model’.
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