Lean Startup Chapter 7: Measure slides |

Importance of metrics and measuring

Takeaways from Chapter 7 - Measure

  • Big Idea: Engine of growth

  • Startup needs to measure (the right things)
  • Actionable Metrics (vs. vanity metrics)
  • Baseline -> Change something -> Measure change
  • Growth engine: The things the startup does or has that it believes will lead to growth
  • Cohort Analysis: Partition your user/customer base into cohorts based on time
  • A/B Test: give different “treatments” to different groups and measure how they react