Be a part of Gen AI enterprise leaders in Boston on March 27 for an unique night time of networking, insights, and conversations surrounding knowledge integrity. Request an invitation right here.
This week’s visitor is so good I want there was an 1-800 quantity to name him once I had questions on firm constructing. Ray Rike is a founding member of the SaaS Metrics Standards Board. His workforce runs the trade’s largest SaaS benchmarking Index — with 18,000 distinctive SaaS corporations and greater than half 1,000,000 knowledge factors.
He’s the individual you need to know if you wish to run a enterprise with excessive self-discipline, effectivity and reliability.
On this CarCast, we cowl progress, revenue, buyer acquisition, churn metrics and the 5 metrics it is advisable to know to be an distinctive CEO and operator.
We cowl
- The rule of 40
- The client acquisition value (CAC) ratio
- The CAC payback interval
- Web income retention (NRR)/ gross income retention (GRR)
- The CLTV:CAC ratio
I’m going “Warren Buffet” on Ray by asking to offer his high 10 priorities, then inform him “trash 2 by 10 and let’s concentrate on simply #1”.
Lastly, you would possibly wish to try the 8 steps within the newest McKinsey and Firm analysis concerning establishing your generative AI tech stack. They embody:
1. Decide the corporate’s posture for the adoption of gen AI.
2. Determine use circumstances that construct worth by improved productiveness, progress, and new enterprise fashions.
3. Reimagine the know-how perform.
4. Make the most of current companies or adapt open-source gen AI fashions.
5. Improve your enterprise know-how structure to combine and handle gen AI fashions.
6. Develop an information structure to allow entry to high quality knowledge.
7. Create a centralized, cross-functional gen AI platform workforce.
8. Tailor upskilling applications by roles and proficiency ranges.
Bruno Aziza is a know-how entrepreneur.