A value catalyst specializing in new venture creation, entrepreneurship, strategy, lean startup, bootstrapping & economic alchemy. Combining practice & theory.
If you fall in love with your product or service you will end up in the poor house and the product or service will end up in the technology museum. #Technology#innovation#poorhouse#love
๐ง๐ต๐ฒ ๐ฆ๐๐ฟ๐ฝ๐ฟ๐ถ๐๐ถ๐ป๐ด ๐ง๐ฟ๐๐๐ต ๐๐ฒ๐ต๐ถ๐ป๐ฑ ๐๐ผ๐ป๐๐๐บ๐ฒ๐ฟ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐ ๐๐ต๐ผ๐ถ๐ฐ๐ฒ๐ Customer Paradox I - Customer knowledge is key, ๐๐จ๐ง one thing that's pretty clear is that most people don't know why they buy certain products. #customers#customerfeedback
๐จ๐ป๐ฐ๐ผ๐๐ฒ๐ฟ๐ถ๐ป๐ด ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐๐ฎ๐ฏ๐น๐ฒ ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐: ๐ง๐ต๐ฒ ๐ฃ๐ผ๐๐ฒ๐ฟ ๐ผ๐ณ ๐๐ฑ๐ฒ๐ป๐๐ถ๐ณ๐๐ถ๐ป๐ด ๐ง๐ฎ๐ฟ๐ด๐ฒ๐ #๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ฏ๏ฟฝ๏ฟฝ๐ฒ๐บ๐
Instead of asking what do they need you say what problem does this target market have and how can I solve it. #customers#ideas
๐๐ถ๐ธ๐ฒ๐น๐ ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฟ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ. I don't know about you but I really don't like it when people start taking money out of my pocket So you need to think about what are they going to do when you come out with your product or service. #competition#marketshare
#businessstrategy#pivot#customervalidation ๐ค Keep the business model the same and change one element for success. Interact with the customer for feedback and donโt rely on someoneโs opinion. Ask the market and give them an opportunity to buy. Itโs all about the Pivot!
Ok, so I am 3/4 done with my interviews. I need to speak with people in the startup phase OR #entrepreneurs whose #ventures are not more than 2 or so years old. DM me and we can set up a short Zoom call, if not tag and forward. Thanks
#smallbusiness#femaleentrepreneur#startup