The short answer (with respects to problems) is everything that comes along with capital. The good news is that there is significantly less red tape to cut through for innovation! In my journey from working at a Fortune 100 firm to starting my own company, I had a "transition" working with a med...
Hi there! 1-. Keep on asking for feedback for your product and adjust it 100% to what your first users want 2-. Go for the wow factor. Make their product amazing (think about an iphone design) and last 3-. Make sure these early adopters use your product everyday (or as many times per week as...
Simplify. Go explain the tool to a group of kids (I usually use my own) but someone else's will do just as well. Explain the tool to them and take notes. Keep track of points that confuse them and make a point to clarify until its clear. Once you are done compile the notes into a presentation of...
Read Tribal Leadership, a great book on culture and Switch: How to Change When Change is Hard, a great book on implementing change when it's difficult.
There is no right answer for this, but definitely, you need to have a 'hustle' aggressive approach when you're launching something new. That means to dedicate some time to get in front of the right people. You can start by joining Facebook groups in your category, going to meetups (as a host an...
Great question. I wrote the book Lean B2B: Build Products Businesses Want to help entrepreneurs get from idea to MVP to Product-Market Fit. I also built a few B2B startups (Flagback, HireVoice, etc). There are a few things that make this a challenge: 1) MVPs are typically much further along th...
Ugh. Investors. Here's the harsh or maybe happy truth. If your Startup offering (product, service, information, courseware, consulting, etc) provides stellar value, then you require no investment. Do your launch + if money starts pouring in, either skip the investors of if you really must use ...
Hi Manuel. While I have never structured partnerships between companies and DCA's, I have worked on many strategic alliances with govt agencies (or the like) and companies. Increasingly this is becoming more and more common. Which State are you in? It may be worth reaching out via your network to...
Probably not enough information to answer this question here, but... 1. the new pricing models sounds like the monthly charge will be variable and unknown. Some buyers won't like this (eg if you're B2B, they won't be able to budget for your costs) 2. Have customers asked for this? Therein, may li...
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