@aymen_ux@uxcelapp Books and working on projects. Take a ton of notes and reflect on what you learned. If you hit a wall, there are lessons to extract from and share with others. Itโs not an exhaustive list but itโs a good start ๐
Yes, getting a degree can be a big waste of time.
I like the way @joshkaufman explains it in The Personal MBA.
You don't need to know everything or have a degree.
What's important is to build mental models to actually understand the building blocks of business.
And you build those mental models through experience and acting on what you learn.
@nadavshomer I stressed this too much.
IMHO, working on what matters most is the best approach.
Face the problems you have and seek success one step at a time.
There'll be times when you're working harder, figuring things out, and then building processes for working smarter.
ยซย ย Is this a good idea? ยป
This is probably the worst question you can ask someone when pitching your business idea.
Hereโs why:
1. People might not tell the truth. They don't want to hurt your feelings, so they might say it's good even if they don't really think so.
2. You might only hear what you want to hear. This can make you think your idea is better than it really is.
3. It can leads you down the wrong path. You end up investing too many resources in the wrong product.
4. You won't learn how to make your idea better.
Instead of asking if it's a good idea, try to learn more about the problem you're trying to solve.
Ask people:
โ How does this problem affect their daily life?
โ What do they do to fix this problem now?
โ What do they wish was different?
โ Are they currently looking for a solution? (In other words, is the problem really impacting them or not?)
Remember: An idea isn't truly great until people are willing to pay for it and use it.
@scott_bair Do you cover personal branding also?
I struggle with this idea of matching my personal brand with my business brand (sort of founder-led strategy).
Btw, loved your last crash course video ๐
Did you know that increasing customer retention by just 5% can boost profits by 25-95%?
You can increase your revenue without chasing new leads with this simple strategy:
โ Leverage your existing customer base
โ Tap into established trust and relationships
โ Offer tailored solutions to recurring problems
Implement it in three easy steps:
1. Every 3-6 months, reach out to past customers
2. Identify their current challenges
3. Present a compelling, personalized offer
Remember: It's 5-25 times more expensive to acquire a new customer than to retain an existing one. Don't leave money on the table!
What's your experience with customer retention strategies? Share your thoughts below!
Current reading: How to Take Smart Notes
Iโm only halfway through the book and Iโve already found so many gems in it.
I understand more and more that writing is essential to everything in life and that you cannot really think clearly without writing.
Writing is all about thinking and learning.
I mostly talk about business, product management, and software craftsmanship, but I allow myself to stray for this post.
Take this advice: If you want to get good at what you do, start writing.
@vanessaosheaa It's a mix of psychology, communication, and interviewing customers to understand their pain points.
Once you know what annoys them on a daily basis, you know what they care about.
As a product builder, my job is to create something people truly care aboutโa real life-changer.
This makes the marketer's job easier: promoting a product that naturally grabs attention from interested folks.