IT Nomad

Category: Questions and answers

  • What is MRR in Digital Marketing – Monthly Recurring Revenue

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    by

    Aleks
    in

    MRR (Monthly Recurring Revenue) means how much money your business earns every month, this term is especially popular in digital marketing and businesses that use subscription model. Note that it mentions revenue, not the profits after deduction of all the costs. Why everybody is talking about Monthly Recurring Revenue I have two clients who have…

  • Founder Meaning and Qualities

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    Aleks
    in

    The meaning of being a founder is to be the one who starts the organization (country, startup, movement, etc.). They come up with the initial goal, they look for funding and people who are going to implement their vision. Founders can change goals over time, hire CEO / CTO / CFO or do all the…

  • What is Founder Mode

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    by

    Aleks
    in

    Founder mode is when you approach problems as if you are the startup founder. It means that you show an extreme level of care, ownership, and motivation to solve problems in a most efficient and effective way. Another important aspect of founder mode is that you always keep the business side of things in mind.…

  • Outputs and Outcomes Mindset

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    by

    Aleks
    in

    Output and outcome terms are sometimes used interchangeably, but it is essential to understand their difference. The difference matters in planning, management, or software engineering activities. One of the recent tendencies on the market is that teams are focusing more on outcomes, so there are many questions on what it actually means, to have an…