(at minute 4:05)
Anyone who reads my blog knows that I’m a product-first founder. I just looked at the various tags that I use for my blog and 40 of my blog posts (over half) are tagged “product.” I love product.
I focus so much on product because I believe it’s like the foundation of a house. If you make the foundation amazing, . . .
Posted in: allbrandbusiness model validationcounterintuitive thingsengagementfocusgrowthjason calacanismarketingmvpmy favoritespodcastprocessproductproduct market fitsolving a problemsuper fansthis week in startupstractionunique playbookvalue propositionvideo
(at minute 30:49)
The common belief is that you become a founder the day that you leave your day job to focus full-time on a new startup idea.
I’m beginning to believe that the path is more like this...
Step #1 You start off with a problem that you want to solve.
Step #2 You have a vision of what the future with . . .
Posted in: allbusiness model validationcounterintuitive thingscreativityengagementexecutionfocusfoundershustlemixergymvpmy favoritespersistencypodcastprocessproductproduct market fitpsychological frictionresiliencytraction
(at minute 6:20)
I’ve spent a decade of my life in the “local discovery” part of the startup universe. In 2009 I co-founded a company called Scoutmob, a very early entrant into the part of the local discovery space that Groupon kicked-off a year earlier. This was after working for two years on the same problem with a different startup . . .
Posted in: aaron harrisallbusiness model validationcounterintuitive thingsengagementexecutionfirst principlesfocusfounderslean startupmvpmy favoritespersistencypodcastprocessproductproduct market fitpurposeresiliencytractionycombinator
(at minute 41:36)
When I first started raising money for startups, a very experienced attorney told me that every round would take six months. What I came to find out is that the reality is more like six to nine months. To new founders this might sound surprisingly long, but this has been the case for me every time.
One piece of . . .
(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 26:01)
I’ve often said that my startup playbook is a simple, two-step process...
Step #1 - Build a 10x better product.
Step #2 - Layer on a strong brand.
The reason that I believe in this simple formula is that the dynamics that effect startup success have changed drastically over just the past few . . .