Back

Arcane

Hey, I'm on Medial • 6m

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: 🔹be One single metric 🔹contribute to generating income for your business. 🔹represent what your customers find valuable in your product or service. 🔹help 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.

8 replies5 likes
Replies (8)

More like this

Recommendations from Medial

Image Description
Image Description

Atharva Deshmukh

Daily Learnings... • 2m

A North Star Metric (NSM) is a key metric that a company prioritizes for growth. It serves as the foundation of a company’s growth strategy, representing the value delivered to customers. Benefits of NSM: a] Focus– While different teams may tra

See More
4 replies4 likes
Image Description
Image Description

Vikas Acharya

Building WelBe| Entr... • 2m

Why Most Startups Die Due to “Zombie Metrics” (And How to Avoid) ⁉️ Many early-stage founders celebrate the wrong things—likes, followers, website visits, or app downloads—thinking they signal growth. In reality, these are Zombie Metrics. What Are

See More
6 replies20 likes
5
Image Description
Image Description

Vishu Bheda

 • 

Medial • 3m

Before Facebook, MySpace ruled the internet. – 300 Million users. – 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

See More
16 replies23 likes
8

Neeraj Kadloor

Lately Entered The S... • 6m

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

See More
0 replies3 likes

Comet

#uiux designer #free... • 3m

Useful Run Commands Every Windows User Should Know Press Win + R on your ⌨️ to open the Run dialog box and enter any of 👇 commands to access the respective tool. 🔹 "." -  the user's folder. 🔹 ".." - user folder. 🔹 "control" - control panel. 🔹

See More
0 replies3 likes

ProgrammerKR

Code • Create • ... • 16d

Hello 👋. Dear Medial Users. If you are a Developer or Programmer to please contribute to this GitHub Repository. else please star ⭐ the Repo. or Share in Your Friends of etc.... Review It here.

0 replies4 likes
Image Description
Image Description

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 22d

Startup Funding Guide: From Idea to Growth 🔹 Pre-Seed – Building a concept & team 🔹 Seed – Validating market fit 🔹 Series A – Scaling revenue & profitability 🔹 Series B – Expanding market share 🔹 Series C & Beyond – Preparing for IPO & market l

See More
9 replies86 likes
110

Vishpath

Building Some intres... • 2m

🚀 Turning an idea into reality is more than just passion—it’s about execution. But what’s the right sequence? 🔹 Validate the idea 🔹 Build a prototype 🔹 Get user feedback 🔹 Iterate & refine 🔹 Scale with the right strategy I’m figuring this out

See More
0 replies4 likes
Image Description
Image Description

Inactive

AprameyaAI • 11m

BET, WE ALL HEARD! If you search on how to pitch, Steve job will be on first result! To pitch like Steve Jobs, master the art of curiosity, emotion, and storytelling. 🔹 Spike Curiosity: Start with a hook that piques interest. (kinda buzzzzz) 🔹

See More
4 replies22 likes
13
Image Description
Image Description

Ronak Patel

Here you go! • 8m

Reply any business metric you know and explain in your words. So that the one who don't know can learn from here..

5 replies8 likes

Download the medial app to read full posts, comements and news.