Monthly reporting is a completely flawed model and it's going to lead to nothing but disaster regardless of the business or industry you're in. Unless you have the shortest sales cycle of all time. And this is interestingly not even a marketing problem, this is a business ops problem. 'cause very often marketing is forced into a position of reporting. On things monthly. As a matter of fact, the monthly reporting cycle is completely arbitrary. It has nothing to do with anything. But for whatever reason, every analytics tool I've ever seen is built to deliver reports according to the 30 day windows. catastrophic error. What you wanna do is you want to determine what your impact window is, what is your impact window? And you're gonna have multiple impact windows, by the way, and I'll explain what I mean. When you spend a dollar, how long does it take for you to see an impact if you're selling. Candy bars might be 48 hours if you're a private school, let's say you're private Catholic school, it could be a couple months, Like how long do mom and dad start doing research for the private Catholic school before they decide to sign up for a tour? what is your impact window? What is the inflection point between you spending money and actually seeing a result? I'll give you an example. We had the highest performing real estate investment campaign on the planet for seven years. It was through an agency that we sold in June of 2019. what we found is we had about a 45 day impact window before for top of funnel to the bottom of the funnel. So I spent a dollar, it took about 45 days for that dollar to turn into a lead. Now already, I'm giving you a very solid illustration of where a 30 day reporting window is massively flawed because what people do, and some of the most sophisticated real estate investors I've ever seen did this, they'd say, okay, we spent a hundred grand in January. How much money did we make in January? That's nothing to do with anything. The money you spent in January didn't impact the money you made in January. You at least, at least say, okay, we spent a hundred grand in January. How much did we make in February? Right? Like a toddler walking through the world of marketing could sort of understand like, well, the money I made in January is gonna be reflected in the income I made in February, but for whatever weird reason, we've just decided like cash in, cash out is all. Time doesn't exist. Time's not a variable that I'll concern myself with. So this 45 day impact window was absolutely critical because if I wanted to see what lead flow looked like against spend, I should be looking at it on a 45 day cash in cash out timeline. Now here's what's really even more interesting is. That was just spend to lead. What we found from a business perspective is it took roughly seven months for the average deal to become a closed deal with real estate investment. Specifically, we were going after distressed homes. And so somebody says, I need to sell my house fast for cash. And we say, okay, we're interested in buying your house. And we put their house under contract or the investor puts their house under contract, and then once the house is under contract, the investor goes and they shop the house around they try to sell the house to somebody else. And then once they've done that, they made their money seven months on average for that whole process. So if you're trying to do a cash in, cash out comparison, if you want efficiency ratio or r o i or whatever, it's that you're trying to identify. If we spent a hundred grand in January asking yourself how much money you made in January, you don't get to do that. January expenses aren't gonna show any results until August. So now you can see like this 30 day window that I've thrust myself into. You're making decisions on these 30 day window. All right, we spent how this much money in January. How much are we making in January? Or, you're being super sophisticated, how much money are we making in February? Means nothing. Spend a hundred grand in January. How much did I make in August? That's the correlation that I wanna identify and then follow through. Oh, interesting. Look, what happened is I boosted my ad spend here, decreased my ad spend there, again, I saw sophisticated marketers doing this, and I see sophisticated marketers do this all the time. What you wanna do is you need to identify where your lags are. What's the awareness lag? How long does it take for me to get somebody who's not aware at all? To be problem aware, solution aware, and then drive them to the conversion point. What's the conversion lag then what's my sales cycle? Awareness? Lag plus conversion. Lag plus sales cycle equals your data window. And sometimes that could be months, if not years, months, if not years. And you're gonna see massive swings. That's the other thing that's really interesting too, is people, especially young businesses that assume an L T V. Or calculate their L T V. If you've only been in business for two years, you don't know what your L T V is. What if you end up having customers for 15, 20 years? now, you might say like, that's not the business I'm in. Fine. what if it was, what? If you're in a business where you could have customers for extended periods of time, but you haven't been in business long enough to understand what your L T B could possibly be? knowing these numbers and being able to zoom out appropriately and properly, that's what's going to equip you to, to market correctly. So you have to look at your data properly, have to look at your data according to the right windows. I'm sorry if I got too passionate here. There's no such thing. Anyway, I hope this is helpful. Would love to know what you think. Incidentally, how do you look at your data? What tools do you use? How do you zoom out? How do you identify where, where those lag periods are? 'cause you can't always tell. Sometimes it's anecdotal, Like, you can't always tell when somebody's at the top of the funnel. That's very, very, very difficult to track. Anyway, I'd love to hear from you. See you.