Ever play the "what if" game with your numbers? Wonder what your MRR would be in 12 months if you could just reduce churn by 1%? What if you grew 15% month-over-month?
The Baremetrics Revenue Forecaster can tell you just that. :)
It's free for everyone and you don't need a Baremetrics account.
We built it because playing the "what if" game can be really valuable for goal planning. So, we wanted to make that accessible to everyone.
This is pretty great - I've been trying to impart on some people the importance of some of these values and this is a very intuitive way to grapple with them. Well done!
@mbuckbee Agreed. Many people simply don't understand the destructive nature of churn. Even just a few % change in this number over a period of time can completely change the trajectory of a company/product.
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Instead of providing a dollar growth figure, doesn't it make more sense to provide monthly percentage increase? I.E. we grow 15% per month?
@johnny5sf Toggle the "Growth Type" :) As for it making more sense...not necessarily. % growth is rarely sustainable for long periods of time. Linear growth is generally much more accurate/reasonable over time.
Mixergy has been a Baremetrics user for a few months. This 'what if' analysis is cool, but what's even cooler is the dashboard they give you when you sign up. You can see a demo. Josh publishes his company's actual numbers in the demo on https://demo.baremetrics.io/dash...
The "Revenue Growth" field, either as a $ or %, should be gross monthly growth from *new customers* (not net MRR growth already encompassing churn), or else you're double counting churn... right?
This is all 100% based to revenue. The Revenue Churn is "how much money you're losing each month" and Revenue Growth is "how much revenue you're increasing after the churn amount is removed at the start of the month."
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