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Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) People often forget the most important part of the hockey stick: the long flat part.

Customer 167
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The #1 thing successful founders think about for their next startups

Hippoland

Forget about traction and hockey stick growth. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you. Another way is to have unique promotion channels, but these must be scalable. don’t think about at all.

Founder 48
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article thumbnail

The #1 thing successful founders think about for their next startups

Hippoland

Forget about traction and hockey stick growth. In other words, if you can get 1000 people to come to your website consistently for under $5, then this business model works for you. Another way is to have unique promotion channels, but these must be scalable. don’t think about at all.

Founder 48
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What the Best Growth Teams Get Right

ConversionXL

No one cares about a team or individuals’ “experience” with platforms or channels. Hockey-stick growth requires being ahead of, not in line with, conventional wisdom: The most impactful ideas won’t be found in “best practices.” The solution isn’t just to learn a platform or channel. Mailchimp’s Willie Tran agrees.