Decoding Unit Economics for Early-Stage Startups
Unit economics is your startupās compass. It tells you if scaling will make you richāor broke. Hereās how to decode it, step by step:
1. Define a Unit: This could be a customer, order, or subscriptio
How many of you know about (Churn Rate)
Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc
how many of you think that elon musk doesn't spend money on marketing ?
He certainly spends money on marketing but it is a one time settle for him ,
which is platform X he acquired , a social media platform with massive customer base .He directl
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Sahil Shaikh
Sahil Sutra | YouTub...Ā ā¢Ā 1y
You don't necessarily have to be absolutely competent in solving customers' problems to earn a good amount of money; all you need is to be a little intelligent in understanding how the fundamentals of money and business work in relation to the custom
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Medial User
Hey I am on MedialĀ ā¢Ā 4m
Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything
Amazon has changed its revenue model and is now scamming customers. They take the money, keep the products, and donāt respond to calls. If you return something you donāt like, donāt expect a refund.
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Three Commas Gang
Building BharatĀ ā¢Ā 6m
Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses?
Basically your money will
š”How Do Banks Really Work? Here's a Simple Visual Guide! š¦
1ļøā£ Banks take deposits from customers at ~4% interest.
2ļøā£ They lend that money to borrowers at ~10% interest.
š° The 6% spread is their profit.
š Key Banking Terms You Should Know: