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A North Star metric is a KPI that helps you understand if your business is meeting the expectations of your customers and team. For something to be a North Star metric, it should: ๐นbe One single metric ๐นcontribute to generating income for your business. ๐นrepresent what your customers find valuable in your product or service. ๐นhelp you track how well your business is doing over time and provide actionable insight How important is it? Let's understand: Myspace was a social networking platform that gained immense popularity in the early 2000s before Facebook entered the game. Facebook's NSM was Monthly active users, while Myspace used registered users as the NSM. The problem with Myspace's metric? It focused on attracting new users who may not use the platform regularly, while Facebook's metric focused on keeping existing users engaged. This was one big reason which contributed to Facebook's success and the failure of Myspace.
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A North Star Metric (NSM) is a key metric that a company prioritizes for growth. It serves as the foundation of a companyโs growth strategy, representing the value delivered to customers. Benefits of NSM: a] Focusโ While different teams may tra
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Here is why knowing your North Star Metric is like having a compass in the middle of a storm for your business. Centuries ago, sailors navigating uncharted oceans had no GPS, no radar, and no map. But they had one constant โ Polaris, the North Star
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Why Most Startups Die Due to โZombie Metricsโ (And How to Avoid) โ๏ธ Many early-stage founders celebrate the wrong thingsโlikes, followers, website visits, or app downloadsโthinking they signal growth. In reality, these are Zombie Metrics. What Are
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Before Facebook, MySpace ruled the internet. โ 300 Million users. โ A $12B valuation. It was the king of social media. But by 2010, it was a relic of the past. What really happened? Here's the untold story behind the fall of MySpace. In 2003, Tom
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Job Search Lingo 101: Your North Star Startups chase it. Visionaries follow it. And job seekers? We need it. Without a North Star, your job hunt becomes a soul-draining scroll through job boards. But with one? Youโre clear, confident, and in control
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Hello All. Would like to tell you all that, I'll be attending the GITEX GLOBAL 2024 which is organised in Dubai. There are two different Events Organised: 1. GITEX GLOBAL 2024 2. EXPAND NORTH STAR+ I'll be attending events, majorly in the EXPAND
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แ Founder Tip: Startups donโt die from competitionโthey die from confusion Itโs rarely another startup that kills you. Itโs your own lack of clarity. About the problem. The user. The direction. Hereโs what confusion looks likeโand how to fix it: 1
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Useful Run Commands Every Windows User Should Know Press Win + R on your โจ๏ธ to open the Run dialog box and enter any of ๐ commands to access the respective tool. ๐น "." -ย the user's folder. ๐น ".." - user folder. ๐น "control" - control panel. ๐น
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