You can't grow and run a small business without understanding your KPIs (key performance indicators).

It doesn't matter if you're a startup, a growing small business, or a large corporation – if you don't know which KPIs are related to the success of your company, I can guarantee that you will eventually run your company poorly.

Sure, you may have a good product, the best salespeople, or cool marketing tricks, but as you grow, I promise you, you will eventually have to face the underlying facts of your business.

And if you don't understand these facts or even pursue them, you will fail.

In this episode, I'll give you some insights into what KPIs are, what they mean, and what are the most important KPIs every company should track.

By the end of this episode, you'll be able to understand your business inside and out so you can make decisions that will help you reach your full potential.

Outline:

Introduction: (0:00)
What are business KPIs?: (2:45)
Why are business KPIs important? (4:25)
Getting started with KPIs: (6:20)
The most common KPIs for companies: (8:35)
How to track KPIs: (14:20)
Summary: (17:00)

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Disclaimer: The information provided in this video is for informational purposes only and is not a substitute for professional legal, accounting or financial advice. If you have any legal questions about this video or the topics discussed, or any other legal matter, you should consult an attorney or tax advisor in your jurisdiction (i.e., where you live).

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