(at minute 10:52)
It’s always great to see startups hit their stride. I’m fortunate to know the founders of MailChimp and I’ve enjoyed seeing their rapid rise over the past decade. Another company that seems to be experiencing a similar rise is Snapchat.
Two years ago I heard this podcast on Product Hunt Radio. The two founders . . .
(at minute 2:27)
Everyone has that one initial failure that helps inform their future startup work. For some people it might have been something low-risk while they were in school. For me it was my first startup in San Francisco. For the the founder in this podcast, his first “bad” startup came out of a side project in 2006.
What . . .
Posted in: allbusiness model validationcounterintuitive thingscustomer discoveryexecutionfirst principlesfocuskat manalacmvpmy favoritespodcastprocessproductproduct market fitsolving a problemvalue propositionycombinator
(at minute 42:28)
The notion of retention has always interested me when it comes to new startup ideas. I’m sure there are lots of complicated definitions for that term, but to me it simply means your customers’ propensity to continue to use you app in an ongoing cadence that’s appropriate for your type of business.
One of the topics . . .
(at minute 4:18)
Recently I was meeting with a first-time founder who has been working on his bootstrapped startup for two years. When I asked about his progress, he said that the first version of their app was just released into the app store.
Without going into specifics, this founding team - like most founding teams - has a very . . .
Posted in: allcounterintuitive thingsfirst principlesfocusjoelle steinigerlean startupmatt goldmanmichael saccamvpmy favoritesniche productspodcastprocessproductproduct market fitsolving a problemtractionunique playbookvalue proposition
(at minute 12:34)
Lately I’ve been been working closely with a group of startup founders in the idea stage. In other words, they know the space they want to focus on, but don’t have the complete business model ready to validate.
During this stage, customer feedback is always tricky. I’ll never argue against talking with potential . . .
Almost a year (and a few hundred readers) later and I’m still really enjoying it. Each writing session allows me to organize my thoughts about an important . . .
Posted in: allbusiness model validationcounterintuitive thingsfirst principlesfocusfoundershustlemy favoritespattern matchingprocessproductproduct market fitsolving a problemsuper fanstractionunique playbookvalue proposition
(at minute 14:23)
I was recently talking with an ex-NFL player about his new startup. His startup helps amateur athletes measure their performance and compare with others. He gave me the full pitch and then said, “a big advantage I have (as the founder) is that I’ve been to the ‘promised land,’ so it gives me some credibility.” Of course he . . .
Posted in: allbusiness model validationcounterintuitive thingsfocusgrowthhustlejoelle steinigermatt goldmanmichael saccamy favoritespodcastprocessproduct market fitrocketship.fmtractionunique playbook