Basic metrics that every Startup should track on a regular basis.

Startups should track various metrics to gain insights into their performance and make informed decisions. While the specific metrics to track can vary depending on the nature of the business, here are some commonly monitored metrics that startups may find valuable to track on a day-to-day basis:

1. Revenue and Sales Metrics : Monitor daily revenue, sales volume, and customer acquisition metrics to understand the financial health of your business and track growth trends.
    
2. Customer Metrics : Keep an eye on customer-related metrics such as customer acquisition cost (CAC), customer lifetime value (CLTV), and customer churn rate to gauge customer acquisition efficiency, customer retention, and overall customer satisfaction.
    
3. Key Performance Indicators (KPIs) : Identify and track KPIs specific to your business that align with your goals and indicate progress towards important milestones. Examples can include website traffic, conversion rates, average order value, or user engagement metrics.
    
4. Cash Flow Metrics : Maintain a close watch on cash flow metrics such as cash inflows, outflows, and runway to ensure sufficient liquidity for day-to-day operations and to support future growth plans.
    
5. Operational Efficiency Metrics : Track metrics related to operational efficiency and productivity, such as production or service delivery metrics, employee productivity, or efficiency in customer support response times.
    
6. Marketing and Advertising Metrics : Monitor marketing and advertising performance metrics like cost per lead, conversion rates, return on ad spend (ROAS), or click-through rates (CTR) to assess the effectiveness of marketing campaigns and optimize your marketing spend.
    
7. Product or Service Metrics : Depending on your industry and business model, track metrics specific to your product or service, such as usage statistics, customer satisfaction scores, or product performance metrics, to ensure product-market fit and identify areas for improvement.

It’s important to note that while tracking metrics is essential, it’s equally important to regularly analyze and interpret the data to derive actionable insights. Additionally, the frequency of tracking these metrics may vary based on the stage and needs of your startup. Consider using data analytics tools or dashboards to efficiently monitor and analyze your metrics.