Tom Evslin has a super post up today titled Daily Key to Success . In it, he talks about his obsession with all sorts of daily business metrics as one of his keys to success as an entrepreneur. I completely agree and share his obsession with daily metrics of all kinds, going back to my very first company where we had a program called FT-BIL that I used to see how much we billed out clients each day – by consultant.
Tom also highlights one metric that he recommends you not obsess over – your stock price (if you are a public company.) Having spent entirely too much time clicking refresh throughout the day on MyYahoo during 1999 – 2002, I second his recommendation. Taleb’s Fooled By Randomness also has some great insights into this particularly self-destructive phenomenon.