When I was in Ishigaki 🇯🇵 for 7 days during my 1-month break, I made the mistake of checking our Stripe dashboard and saw that our MRR had been going down every day for the last 2 weeks, since I left for Japan ☠️
It never went down like this in like 10 months, so why now? 😭
I said “f$ck it”, and instead of trying to find a solution, I let it go. “Trust the process,” like they say.
In the end, MRR went back up very quickly and even got higher than when I left. After some digging, the reason turned out to be that before leaving, I had badly announced that we were increasing prices by almost 2x.
Some customers got scared and left (my co-founder tried to retain some, but it was too late). But then we kept almost the same conversion rate with way higher prices, so MRR went back up much faster.
The conclusion here is that before leaving, I was a complete Stripe dashboard junkie (like every day, multiple times a day). And looking at it too much makes you take wrong decisions. Maybe if I had stayed in France, I would have cancelled the price increase, and the good MID/LONG-term effects of such a price increase would have been nullified.
Have you ever taken bad decisions because you got emotional over everyday data reports?
PS: you don’t see it in this picture, but there are crazy fish and even turtles down there, good spot for snorkelling