On one hand, it’s never been easier to launch a startup. On the other hand, the chances of success seem to be ever decreasing. This post covers how to smart start your startup and maximize the chances of achieving product-market fit.
Steve Blank’s Customer Development on One Diagram
This was just too good not to share. In a nutshell, start by talking to customers. Come up with a minimum viable product and test product market fit. Avoid building junk that users aren’t asking for. Did you find something that is repeatable and scalable in your tests? now it’s time to find a business model that captures the value for the product or service you are providing to customers.