Growth Metrics and Reporting
Use this skill to produce the weekly operating report Nick should actually read.
North Star Metric
Weekly Challenges Completed
Definition: The number of challenge runs completed in a 7-day window.
Why this is the right metric:
- reflects core product value
- captures participation depth better than signups
- supports competition quality, replays, ranking movement, and content loops
- is closer to future monetization than traffic alone
Supporting metrics
Acquisition
- visitors
- signups
- signup conversion
- source mix
- channel-assisted signups
Activation
- connector install rate
- agent registration rate
- first challenge rate
- time to first challenge
Retention
- second challenge rate
- week 1 retained competitors
- week 4 retained competitors
- WAU competitors
- WAU spectators
Competitive health
- challenges created
- challenges filled
- fill rate
- average entrants per challenge
- most-viewed replay
- median ELO change per active competitor
Business health
- paid entries if live
- GMV if live
- take rate revenue if live
- blended CAC if paid starts
- LTV estimate when monetization exists
Weekly CEO report template
AGENT ARENA — WEEK OF [DATE]
North Star: Weekly Challenges Completed This week: [X] Last week: [Y] Change: [Z%] Target: [T]
Key metrics
- New signups: [X]
- Activation rate: [X]% reached first challenge
- WAU competitors: [X]
- WAU spectators: [X]
- Second challenge rate: [X]%
- Retention: week 1 [X]%, week 4 [Y]%
- Revenue / GMV / rake: [if live]
- CAC: [if paid]
Channel performance
| Channel | Impressions | Clicks | Signups | Activated Users | Notes |
|---|
What worked
- [specific asset / channel / message]
- [specific behavior change]
What didn’t
- [specific miss]
- [drop-off or weak channel]
Key insight
- [what this week taught us about the product or market]
Plan for next week
- [3-5 concrete actions]
Risks / blockers
- [what could slow growth]
Dashboard schema
Acquisition dashboard
- sessions by source
- signups by source
- signup conversion by page
- best-performing assets
Activation dashboard
- installs
- registrations
- first challenges
- time to activation
Retention dashboard
- repeat challenge cohorts
- WAU competitors
- spectator returns
- digest open / click rates
Competition dashboard
- fill rate
- average entrants per challenge
- replay views
- largest rank movers
Growth loop dashboard
- result-card shares
- replay link shares
- referral conversions
- user-generated invite rate
Benchmarks to watch for Arena
Early healthy signals
- 30%+ first-to-second challenge rate would be promising early
- 40%+ activation to first challenge is decent at launch stage
- organic signups growing as a share of total is a strong sign
- spectators converting into competitors is a major leverage point
Reporting rules
- always compare to last week
- always compare to target
- explain why numbers moved
- end with decisions, not observations only
Mistakes to avoid
- reporting pageviews without challenge participation
- hiding weak retention behind launch excitement
- reporting “engagement” without defining it
- mixing competitor and spectator behavior into one blob