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6 Startup Challenges That Can Be Mitigated With Focus

Startup Professionals Musings

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers. It’s tough for an elephant to be agile.

Startup 287
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6 Reasons Why More Is Not Better In Your Next Startup

Startup Professionals Musings

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers. It’s tough for an elephant to be agile.

Startup 424
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The LeanLaunch Pad at Stanford – Class 6: Channel Hypotheses

Steve Blank

All the teams were showing us what agile looked like, but this week several would remind us what focused and relentless really meant. Last week the teams tested their hypotheses about Customer Relationships (how do they get, keep and grow customers.) its product or service) to its customers. Week 6 of the class.

Channel 231
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4 Of The Best Small Business Tools To Use In 2020

YoungUpstarts

Attracting new customers and nurturing them along through the sales pipeline is what every business tries to do effectively and efficiently. In today’s market, businesses need to employ a combination of inbound and outbound marketing techniques to attract qualified buyers across all channels. Customer relationship management software.

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The Difference Between Innovators and Entrepreneurs

Steve Blank

But I remind them that customers don’t ask for your transcript. It does mean that success in building a company that scales depends on finding product/market fit, enough customers, enough financing, enough great employees, distribution channels, etc. Lessons Learned. Entrepreneurship is a calling, not a job.

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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335
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Why SMEs Need IT Support Amidst The Pandemic

YoungUpstarts

The mass worry of the pandemic, paired with the subpar security systems that many remote workers are burdened with, has resulted in a myriad of easy targets for those who profit off of the distribution of malware. However, channels of seamless communication, between both customers and colleagues, can be easily set up by an IT support team.