Noah Kagan (Sumome) shared a lot of insights on how he achieved $5 million in annual recurring revenue.
This one I found the most valuable.
Focus is always a big problem.
You can do this and that, please this audience and that, add this feature and that.
But you end up destructed, pleasing nobody.
Here are 4 questions that will help you to stay focused on the needs of the right audience and generate the highest profits.
1. Which type of customers churned the least?
2. Which customers do you want to serve the most?
3. Which customers are happiest?
4. Which have the highest LTV?
Do you serve the right audience?
Source: okdork.com/what-i-learned-growing-an-8-figure-business/
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