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Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Filed under: CustomerDevelopment , Lean LaunchPad , Teaching.
TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to CustomerDevelopment are back with a new book called The Lean Entrepreneur. It took the idea of CustomerDevelopment and made it accessible to a whole new audience. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.
(For more on how this plays into the process of scaling up, see the Customer Creation stage of the customerdevelopment model.) But in the meantime, by iterating on their product with customers, they have a chance to get there on their own. Labels: agile , customerdevelopment 15comments: Scott Shapiro said.
These days, many agencies start as a lean operation. Inversely, if you’re using the agency model to fund another startup or product, you should probably keep things lean. I know this language sounds formal and stuffy, but high-ticket service salescycles are long. Why—or why not—pivot your agency service offering?
This message appeals to customers who value a comfortable shave without leaning solely on the subscription business model. You can also run customerdevelopment surveys to glean target audience insights, like top pain points they want to solve. Convenience is table stakes in the DTC landscape.
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. Patrick is completely correct here.
It’s Not a Conversion Problem, It’s a CustomerDevelopment Problem. This is a customerdevelopment problem. So What is CustomerDevelopment? The core idea behind customerdevelopment is that the assumptions you make about a target market are only guesses. Website Analysis.
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