Daily 2PM Metrics Review
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A daily practice of manually recording key business metrics in Excel, focused on pattern recognition and maintaining operational awareness. This approach emphasizes hands-on involvement with data to drive better decision-making.
Core Practice
- Record metrics daily by 2pm in Excel
- Focus on key numbers like:
- Daily spend
- New customer acquisition
- Blended ROAS
- CAC (Customer Acquisition Cost)
- Email performance
- Write numbers by hand into spreadsheet, avoiding automation
Benefits of Manual Recording
- Forces daily engagement with key metrics
- Creates pattern recognition through repetition
- Drives operational improvements through frustration
- Example: "If this number was 42 instead of 52, we'd be making so much more money"
- Makes you think about each number because you're physically writing it
- Helps identify areas needing improvement through daily interaction
- Maintains high-level awareness of business performance
Philosophy Behind the Approach
- Automation isn't always better
- Physical act of writing creates deeper understanding
- Daily ritual creates accountability
- Simple process but highly effective for pattern recognition
- Focus on metrics that actually matter to the business
- Creates natural pressure to improve underperforming metrics
Key Insight
The manual nature of the process, while potentially less efficient, creates a stronger connection to the data and better understanding of business performance patterns. The physical act of writing numbers daily leads to better decision-making and operational improvements.
24:01 - 24:47
Full video: 01:33:37SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.