(at minute 5:58)
If you spend any amount of time around startups, you won't hear many phrases more than "product-market fit." It's used so much for good reason...until some percent of your users love what you are doing, nothing else matters. Sidenote: the definition of "love" can be found here.
Whenever I think about . . .
Like many founders in Atlanta, I read almost every post from David. Besides finding personal nuggets that I've been able to use over the years, I've lost track of the number of founders who have emailed me links from . . .
(at minute 31:15)
I'm working closely with two startups right now that are somewhere between launching an MVP product and getting their first few hundred customers. Both founders are trying to determine if they have product-market fit, but not quite enough customers have used the product. Over the next six months both will be able to do a . . .
Posted in: my favoritesproduct market fitexecutionengagementpersistencyfocus groupscustomer discoveryniche productscounterintuitive thingstractionvalue propositionunique playbookprocessmvpfocussolving a problemfounderssuper fanspodcastbusiness model validationproductall33voices
(at minute 9:35)
Every founder has super powers and blind spots. The hope is that the results that come from the super powers far outweigh any problems that are caused by the blind spots. Once a company is growing you can hire to offset blind spots, but early on it's really about one side overwhelming the other for the founding team.
One of . . .
Posted in: executionpersistencyfirst principlescounterintuitive thingstractionunique playbookhustleprocessfocussolving a problemproduct market fitfoundersvideoycombinatorpodcastbusiness model validationproductall
(at minute 2:11)
A few days ago I ran across this blog post. It’s the announcement from Shyp that they are cutting headcount and closing expansion markets to focus on profitability. Too many similar outcomes come to mind recently…Sprig, HomeHero, Zirtual, Beepi, Good Eggs & Homejoy. And these are just the ones that immediately come to mind. . . .
Posted in: executionretentionengagementfirst principleslean startupcounterintuitive thingstractionunique playbookgrowthprocessmvpfocussolving a problemproduct market fitfoundersvideosuper fansmarketingthis week in startupsmy favoritespodcastbusiness model validationproductall
(at minute 39:55)
One of the things that has most surprised me about launching Switchyards Downtown Club is the skills that new founders are requesting. My guess before launching was that new founders would want developers first and then designers right after that. Idea-stage founders are certainly looking for those skills, but much to my . . .
Posted in: sidenoteretentionengagementcreativitynetwork effecteric riescounterintuitive thingstractionvalue propositionunique playbookfinancinggrowthprocessmvpfocusfoundersvideomarketingjason calacanisthis week in startupspodcastbusiness model validationall
(listen to the whole thing)
I’m really loving How I Built This, a new podcast from NPR. They say it’s "a podcast about innovators, entrepreneurs, and idealists, and the stories behind the movements they built.” The founders tend to be from large businesses that people know and the podcasts dive into their origin stories.
When I started listening to . . .
Posted in: listen to entire podcastbootstrappinghow i built thisexecutionengagementcustomer discoveryfirst principlescreativitylean startupmicromanagementpsychological frictioncounterintuitive thingstractionvalue propositionunique playbookriskprocessmvpfocussolving a problemproduct market fitfounderssuper fansmy favoritespodcastbusiness model validationproductall