Comments

August 4, 2017 12:11

@katlego Thank you for your comment. The speed at which you go through the level depends on the entrepreneur and how well they master the previous level. It can take as little as 3 months to get to level 5, but most people will take 6 months to a year to get to level 5.

August 3, 2017 18:11

@Seth Right now the app is designed for for-profit companies, but a non-profit version is in our roadmap. Instead of just tracking "cash-in", it will also track impact events. Stay-tuned!

August 3, 2017 11:19

@Zeba Khan. Thank you for taking the time to comment on the idea-- you've hit the nail on the head with a big decision we are trying to make. Do we make an app that is generally useful to businesses or one that goes deep in a specific industry. We are piloting right now with 26 businesses in different industries and we are letting the data make that decision for us. We'll know more in about 6 weeks. I'll keep you posted. Users put in transaction data-- the item, where and when is was purchased and sold (although this is partially automated), the quantity, and the amount of cash received. Over time, we probe them for more information about their customers, their assets, and their liabilities. By classifying companies into peer sets based on industry, location, and size, we can do trends analysis to understand performance against the market. Once we hit a certain threshold of data, we will be able to use big data techniques and machine learning to improve our recommendations and insights.