Remove Entrepreneur Remove Lean Remove Product Development Remove Sales Cycle
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. I have counseled innumerable entrepreneurs to change their focus to revenue, and many companies who refuse this advice get themselves into trouble by running out of iterations. And what of the product development team?

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It’s Not a Conversion Problem, It’s a Customer Development Problem

conversionxl.com

By the end of this article, you should have a better understanding of how to develop new products or tweak your existing offerings by working with existing or prospective customers to incorporate their feedback to create viable solutions to their problems, and clearly communicate their value. So What is Customer Development?

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How I invest as a pre-seed investor?

Hippoland

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. I can’t stress this one enough. You charge a high enough (i.e.

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How I invest as a pre-seed investor?

Hippoland

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. I can’t stress this one enough. You charge a high enough (i.e.

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Revenue Development

K9 Ventures

So the departments either didn’t have the capacity to pay or it would be an endless sales-cycle, where we would spend lots of time on the sales, but it still wouldn’t close. I tell these stories to lay the groundwork for what I am going to call Revenue Development. Thanks to Patrick for the clarification.

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