If you're building a consumer app, there are 2 levers that'll make your app successful
1. > 2.5% + Install to paid user ratio
2. Solid retention, most apps are trading apps- user performs an activity and never comes back but great businesses are a
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Anonymous 2
Stealth • 8d
High install-to-paid ratio and retention are everything. If people aren’t converting or sticking around, your app is just burning cash. Great businesses are built on returning users who pay for value. High user acquisition alone is not enough.
If you're building a consumer app, there are 2 levers that'll make your app successful
1. > 2.5% + Install to paid user ratio
2. Solid retention, most apps are trading apps- user performs an activity and never comes back but great businesses are a
There's a huge difference between building a mediocre business, sizable business and a great business
Here's how you can know if your idea will turn into a mediocre business, sizable business and a great business
There are 3 important components
Last year when I was in Bangalore, I met pretty famous, well-accomplished, and highly insightful founders, one of the questions that I kept asking everyone is
How do you validate an idea or how do you know if something will work or not?
The reason
Ever feel like you're burning cash with digital ads and getting nowhere?
Shriman aap akele nahi! You're not alone.
Here’s why most digital ads are a waste of money – and what to do instead:
1. Targeting everyone means you’re targeting no one. Th
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Inactive
Stealth • 5m
What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem.
➤ Revenue Growth: If you're not making money, you're just playing entrepreneur.
➤ Customer Acquisition Cost (CAC): How much cash are you burning to get someone to
Why Flipkart Struggles to Turn a Profit: Unpacking the E-commerce Giant's Challenges
- Intense Competition: Competing with Amazon, Snapdeal, and other local players drives up marketing and operational costs.
- High Discounts & Offers: To attract
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0 replies5 likes
Inactive
Stealth • 4m
51 Entrepreneurial Terms Every Entrepreneur Should Know
👉 Angel Investor: Your rich uncle who believes in you.
👉 Bootstrapping: Building a business on ramen noodles.
👉 Burn Rate: How fast you're burning through cash.
👉 Business Model: The pla
Top 10 Metrics for Startups
👉 Customer Acquisition Cost (CAC): How much does it cost you to gain a customer?
👉 Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business.
👉 Burn Rate: How quickly are y
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How to Verify Your Startup's Growth
1. 📊 Monitor Key Metrics
- Revenue Growth: Track consistent increases in revenue.
- User Growth: Watch the rise in active users/customers.
- Engagement: Measure traffic, time spent,