As a startup owner, you obviously want to figure out the best way to measure success. In the early stages of business ownership, financial gains are not necessarily a good measure of forward movement. Instead, look out for these positive reinforcers as a way to measure your startup’s success.
How To Measure Your Startup’s Success
1. The Industry is Taking Note
If your competition is starting to get a little uneasy, that’s definitely a good sign. You want the industry to take you seriously. You don’t want your fellow competitors writing you off as the “new kid on the block.” Make them nervous. Have them second guessing their current strategy. Heck, take it one step further and start redefining the industry. This helps boost business longevity.
