Remove Business Model Remove Framework Remove Hockey Stick Remove Product Development
article thumbnail

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.) In fact, this company hasn’t shipped any new products in months.

Customer 167
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. But they might go after rabbits or deer business customers. don’t think about at all.

Founder 48
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. But they might go after rabbits or deer business customers. don’t think about at all.

Founder 48