Founder Foundations Mini-Series: KEY PERFORMANCE INDICATORS | Steve Simonson

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In today's episode, Steve explains the importance of having a Company with a solid foundation so that a Founder don't have to be the solution for every problem that comes up. What is a Key Performance Indicators (KPI) and how do we make sure we measure and manage the business correctly? If we do not measure our business, we are not managing it. Key performance indicators (KPIs) measure a company's success versus a set of targets, objectives, or industry peers. KPIs can be financial, including net profit or the bottom line, gross profit margin, revenues minus certain expenses, or the current ratio. Stick around for today's video and understand how KPI's can be relevant to your business.