Fred Wilson writes about the process of track and measure and its ability to improve performance. The post begins as follows:
If you listed the habits of successful people, tracking and measuring would be near the top of that list. I see it with people, companies, and teams that I work with. I see it in my own behavior.
When the Gotham Gal started making angel investments with our personal capital nearly a decade ago, I put together a spreadsheet to track all of them. That spreadsheet is now almost 100 rows long. If she wants to know how it is going, I can give her the numbers ten different ways. And we do that from time to time. A portfolio review of sorts.
Read the full post at: AVC: Track and Measure
Posted by Logan Davis, Associate Editor, Wealth Strategies Journal.