HTwenty’s Post

The start of the new year is a perfect time for laying the foundation for a strong start. 💪🏼 ⠀ Here’s how to make the most of it: ⠀ ✅ Extend your runway - Review expenses, prioritize essentials, and plan for a lean but focused year. Keep an eye on your gross burn rate (total monthly expenses) and net burn rate (expenses minus revenue). ⠀ ✅ Refine your pitch - Perfect your 'elevator speech' by focusing on what makes you different from competitors. Ensure you can explain what problem/s you're solving and what market you're addressing. ⠀ ✅ Strengthen your team - Identify key hires and build a strategy for sustainable growth. Prioritize diversity to drive better decisions and more innovation, and seek help from your investors to leverage their connections to fill key roles. 🤝🏼 ⠀ ✅ Set clear metrics - Define clear, achievable goals for the next 12 months to keep your team aligned and motivated. Key metrics to track include revenue growth, customer acquisition costs (CAC), lifetime value (LTV), and retention rates. ⠀ The year 2025 will be full of opportunity, so make it count. ⠀ #Startups #FounderTips #GrowthStrategy #2025Planning

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