Defines right metrics using North Star framework, AARRR, and leading vs lagging indicators. Use when choosing metrics, instrumenting products, creating dashboards, or distinguishing vanity metrics from actionable ones.
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Definition:
The ONE metric that best captures the core value you deliver to customers
Good North Star:
Examples:
Pirate Metrics:
# Metrics Dashboard: [Product/Feature]
## North Star Metric
**Metric:** [name]
**Current:** [value]
**Target:** [goal]
**Why this metric:** [captures core value]
## Supporting Metrics
### Acquisition
- Signups: [X per day]
- Channels: [breakdown]
- Cost per acquisition: [$X]
### Activation
- Activation rate: [X]%
- Time to first value: [X minutes]
### Retention
- Day 1: [X]%
- Day 7: [X]%
- Day 30: [X]%
### Revenue
- ARPU: [$X]
- LTV: [$X]
- Conversion rate: [X]%
### Referral
- K-factor: [X]
- Referral rate: [X]%
## Leading vs Lagging
**Leading (predict future):**
- [Metric that predicts outcome]
**Lagging (measure past):**
- [Metric that measures result]Choose Metrics:
Implement:
Amplitude:
"The best metrics measure value delivery, not just activity."
Sean Ellis:
"If you can't measure it, you can't improve it."
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