Key Performance Indicators Of A Business: Are YOU Monitoring KPIs?

Key Performance Indicators Of A Business: Are YOU Monitoring KPIs?

If you’re running any kind of enterprise, monitoring the key performance indicators of a business (KPIs) will enable you to improve and optimise it. Otherwise, without knowing these key business performance metrics, you might end up years down the line, still grinding away and not seeing results…

“Hey, welcome to today’s Drive. Dean here of course, on the way to Internet Profits HQ on this fine morning.

So, the way in which we kick off our week here at Internet Profits is, we have our ‘weekly interactions’. It’s just another way of saying when the team all get together.

Not everybody can be with us, because of time differences and things like that. But we have everybody that’s in the office. And we have the other team leaders join us from other divisions – from the coaching, the phone team, etc. And we look at several things.

We’ve Been Setting Up Reports To Add Key Performance Indicators (KPIs) Into

This is something that I was able to take away from some friends of mine, with whom I was on a ‘Mastermind’ gathering recently. It’s how they structure their team, how they structure the company. How they bring everyone together.

They share in the same goals, missions, where everybody’s sharing everything… And, y’know, it’s a much, much better way of doing things than how we used to.

So, we’ve kind of just started this. Last week was the first one. But we’re still not fully into it yet. There are certain reports and spreadsheets that we’ve been setting up for people to be able to add certain key performance indicators metrics (KPIs) into. Like, key bits of data and information from their particular divisions in the business.

“What You Measure, Is What You Can Improve”

And ultimately it comes down to…

“What You Measure, Is What You Can Improve”

So we will now see, every week…

• How much traffic we generate from our ads.
• How much traffic we generate from partners and affiliates.
• How many leads we get.
• How many customers we acquire.
• How much we spend on ads.
• How much revenue we generate.
• How many applications come in for our high ticket programs.
• How many calls the team have, and how many sales were made.

Look At The Key Metrics Of Your Business And Monitor Them Consistently

All the different key business metrics, business performance metrics, KPIs…

All The Various Key Performance Indicators Of A Business

And this is what I guess I could share with you today. Obviously without knowing you personally, I can’t say with certainty what areas you need to be monitoring, and what key performance indicators you should be looking at.

But I definitely encourage you to look at the key metrics of your business. And to monitor them on a consistent basis.

If you are an affiliate marketer, for example. Then you will probably want to look at things such as

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