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Many startups and entrepreneurs fail because they do not validate their startup business idea. I run some of the largest startup communities on LinkedIn. One of the largest communities that I moderate and engage on LinkedIn has around 300,000 global members including startups, venture capitalists, entrepreneurs, mentors and global experts. With my own experience of working with many startups, entrepreneurs, corporates and my regular interactions with successful business ventures I have understood the importance of validating your startup business idea before launching your product or services in the market.In this book not only have I collected my thoughts and experiences for validating a business idea but I have reached out to many experts globally to understand how to validate a business idea before going all out and launching your own business. Who Is This Book For ? It is extremely important that you validate your startup business idea in the market if you are a wannabe entrepreneur, a student, homemaker, professional, expert or anyone who is trying to launch a startup business This is extremely important for you to understand this right from the ideation stage itself. Sometimes in the enlightenment of the business idea or in the haste of getting things done faster with shortcuts (Howsoever the idea might be great), we end up doing the following: 1. We forget the simple basics 2. We tend to overlook similar experiences 3. We do not take stable advises 4. We rush into getting things done faster 5. We often get misguided 6. We overlook readily available data 7. We sometimes ONLY look at money and not the business process 8. We don't validate things before going all out Why This Book? Time and again I have seen my friends, colleagues, students, awesome entrepreneurs, startups (including myself) getting into a new business without validating their startup business idea. This often has led to extremely disastrous and sometimes fatal outcomes. Lot of things get on stake when you risk getting into a new business e.g. you risk your time, money, resources, relationships, career etcNever hurry into things. Always validate things from a rational and practical perspective. This will give you depth, more understanding and a far clear picture of how, when,where and what to do while going ahead into a new ventureThis book is a step to overcome all those hassles and validate your awesome business idea. A huge thanks to all these awesome global experts,entrepreneurs who have also contributed their ideas with me on the topic: Tina Zurbi, Sandeep Balaji, Neeraj Saini, Praval Kant, Dr Aniruddha Malpani, Joseph Roos, Avigail Berg, Diana Palchik, Dr Rajeev Tewari, Patrick Osman, Tishana Simon, Dr Pranab Sen, Nitin Jain, Ed Zimmer, Andrea Sica, Zile Soilihi, Jeffrey Hilton, Guy Cleveland, Richard Coleness, Tabitha Jean Taylor, Andrew MacWhirter, Matt Kurleto, Daniel Leping I would also love to hear from you once you have read this book on your experiences and how you have dealt with validating your own startup business idea. If you still might have some doubts please feel free to reach out to me on Twitter or LinkedIn. Scroll To The Top and Buy Now With Single Click and I Look Forward To Hearing From You.
Stay ahead of the sales evolution with a more efficient approach to everything Hacking Sales helps you transform your sales process using the next generation of tools, tactics and strategies. Author Max Altschuler has dedicated his business to helping companies build modern, efficient, high tech sales processes that generate more revenue while using fewer resources. In this book, he shows you the most effective changes you can make, starting today, to evolve your sales and continually raise the bar. You’ll walk through the entire sales process from start to finish, learning critical hacks every step of the way. Find and capture your lowest-hanging fruit at the top of the funnel, build massive lead lists using ICP and TAM, utilize multiple prospecting strategies, perfect your follow-ups, nurture leads, outsource where advantageous, and much more. Build, refine, and enhance your pipeline over time, close deals faster, and use the right tools for the job—this book is your roadmap to fast and efficient revenue growth. Without a reliable process, you’re disjointed, disorganized, and ultimately, underperforming. Whether you’re building a sales process from scratch or looking to become your company’s rock star, this book shows you how to make it happen. Identify your Ideal Customer and your Total Addressable Market Build massive lead lists and properly target your campaigns Learn effective hacks for messaging and social media outreach Overcome customer objections before they happen The economy is evolving, the customer is evolving, and sales itself is evolving. Forty percent of the Fortune 500 from the year 2000 were absent from the Fortune 500 in the year 2015, precisely because they failed to evolve. Today’s sales environment is very much a “keep up or get left behind” paradigm, but you need to do better to excel. Hacking Sales shows you how to get ahead of everyone else with focused effort and the most effective approach to modern sales.
This book is the "Hello, World" tutorial for building products, technologies, and teams in a startup environment. It's based on the experiences of the author, Yevgeniy (Jim) Brikman, as well as interviews with programmers from some of the most successful startups of the last decade, including Google, Facebook, LinkedIn, Twitter, GitHub, Stripe, Instagram, AdMob, Pinterest, and many others. Hello, Startup is a practical, how-to guide that consists of three parts: Products, Technologies, and Teams. Although at its core, this is a book for programmers, by programmers, only Part II (Technologies) is significantly technical, while the rest should be accessible to technical and non-technical audiences alike. If you’re at all interested in startups—whether you’re a programmer at the beginning of your career, a seasoned developer bored with large company politics, or a manager looking to motivate your engineers—this book is for you.
Building Insanely Great Products: Some Products Fail, Many Succeed...This is their Story is dedicated to one goal: To help you learn how you can enhance the chances of product success and reduce product failure. Steve Jobs coined the term “Building Insanely Great Products” and this book with many real-life examples tells the story of what he meant by that phrase and how every organization can build insanely great products and services. Building Insanely Great Products covers the six keys to success, how to do market research, the importance of customer loyalty, innovation and design, using personas for development and not just marketing, determining the product’s value proposition, the correct way to prioritize product features, market sizing that works, market segmentation, product positioning, distribution strategy, product lifecycle framework and process, and the customer journey and digital transformation. As Steve Johnson, the grandfather of product management training says: “... we’ve learned that companies often don’t know why they succeed and why they fail. Many rely on luck; too many rely on “HIPPO”—the highest paid person's opinion. And if you don’t know why you succeed, you won’t know how to succeed again.
A practical guide to effective business model testing 7 out of 10 new products fail to deliver on expectations. Testing Business Ideas aims to reverse that statistic. In the tradition of Alex Osterwalder’s global bestseller Business Model Generation, this practical guide contains a library of hands-on techniques for rapidly testing new business ideas. Testing Business Ideas explains how systematically testing business ideas dramatically reduces the risk and increases the likelihood of success for any new venture or business project. It builds on the internationally popular Business Model Canvas and Value Proposition Canvas by integrating Assumptions Mapping and other powerful lean startup-style experiments. Testing Business Ideas uses an engaging 4-color format to: Increase the success of any venture and decrease the risk of wasting time, money, and resources on bad ideas Close the knowledge gap between strategy and experimentation/validation Identify and test your key business assumptions with the Business Model Canvas and Value Proposition Canvas A definitive field guide to business model testing, this book features practical tips for making major decisions that are not based on intuition and guesses. Testing Business Ideas shows leaders how to encourage an experimentation mindset within their organization and make experimentation a continuous, repeatable process.
Thinking about starting a business? Learn how to get your first 10 customers - Without spending thousands of dollars or wasting months on a business idea that won't sell * Do you want to avoid debt from spending all your money on a startup doomed to fail? * Do you want to finally join the ranks successful entrepreneurs who live on their own terms?Start up Action Plan is the guidebook you have been waiting for. Getting these first potential customers is the hardest thing to do for business owners, and I'm going to teach you the easiest, fastest way to do it. Best of all you are going to find your customers BEFORE YOU EVEN HAVE A PRODUCT TO SELL * I will show you how to get 100's of prospects in your target market for less than $50 (Chapter 1) * Destroy your fears of speaking to your market and develop a value giving mindset (Chapter 2) * Learn how to pitch your potential customers properly on your business idea (Chapter 3) * Create a battle plan for calling potential customers and pre-selling them on your business idea (Chapter 4) * Learn the strategies to guarantee you will have a list of customers eager to buy your product when it's finished (Chapter 5) * Gain confidence in the quality of your business idea-Create a product customers are EAGER to buy (Chapter 6)If you want stay a comfortable wantrepreneur working the same boring job you have your entire life, DON'T READ THIS BOOK. However, if you that BURNING DESIRE to build a dream business that makes you money, this is book is for you.Are you ready to take action?
If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.
Get from Idea to Product/Market Fit in B2B. The world has changed. Nowadays, there are more companies building B2B products than there’s ever been. Products are entering organizations top-down, middle-out, and bottom-up. Teams and managers control their budgets. Buyers have become savvier and more impatient. The case for the value of new innovations no longer needs to be made. Technology products get hired, and fired faster than ever before. The challenges have moved from building and validating products to gaining adoption in increasingly crowded and fragmented markets. This, requires a new playbook. The second edition of Lean B2B is the result of years of research into B2B entrepreneurship. It builds off the unique Lean B2B Methodology, which has already helped thousands of entrepreneurs and innovators around the world build successful businesses. In this new edition, you’ll learn: - Why companies seek out new products, and why they agree to buy from unproven vendors like startups - How to find early adopters, establish your credibility, and convince business stakeholders to work with you - What type of opportunities can increase the likelihood of building a product that finds adoption in businesses - How to learn from stakeholders, identify a great opportunity, and create a compelling value proposition - How to get initial validation, create a minimum viable product, and iterate until you're able to find product/market fit This second edition of Lean B2B will show you how to build the products that businesses need, want, buy, and adopt.
Customer development is a process for discovering and validating market demand for a business idea and determining the right product features to meet customer needs. Customer development is used to help build products that customers want and avoid spending time and money on products customers don't want. It can be used to identify problems and new startup ideas, to test ideas, and to optimize ideas and existing products. Customer development helps us learn about our potential customers so we can build products they will actually use. Customer development and Lean Startup methodology have become quite popular with entrepreneurs. I wrote this book to be a supplement to books like The Lean Startup and The Startup Owner's Manual. Without rehashing too much of what they've taught, this is a tactical guide to practicing customer development. Many entrepreneurs and corporate innovators know they need to be practicing customer development, but don't know how to do it in a way that will help them build awesome products. Topics include: How to Get Startup Ideas Through Customer Development How to Test a Startup Idea's Viability Before Building a Product How to Find Customers to Interview How to Ask for and Get Customer Interviews How to Gain Customer Insights to Build Products People Want The Best and Worst Customer Development Questions How to Optimize Ideas and Existing Products Common Mistakes to Avoid When I first learned about Lean methodology and customer development it was mind-blowing. I've been thinking of and evaluating startup ideas for as long as remember. It helped me to focus my ideas, and helped me avoid wasting a lot of time and money and products that no one actually wants. This book is a compilation of everything I've learned through study and practice.
The foremost authority on innovation and growth presents a path-breaking book every company needs to transform innovation from a game of chance to one in which they develop products and services customers not only want to buy, but are willing to pay premium prices for. How do companies know how to grow? How can they create products that they are sure customers want to buy? Can innovation be more than a game of hit and miss? Harvard Business School professor Clayton Christensen has the answer. A generation ago, Christensen revolutionized business with his groundbreaking theory of disruptive innovation. Now, he goes further, offering powerful new insights. After years of research, Christensen has come to one critical conclusion: our long held maxim—that understanding the customer is the crux of innovation—is wrong. Customers don’t buy products or services; they "hire" them to do a job. Understanding customers does not drive innovation success, he argues. Understanding customer jobs does. The "Jobs to Be Done" approach can be seen in some of the world’s most respected companies and fast-growing startups, including Amazon, Intuit, Uber, Airbnb, and Chobani yogurt, to name just a few. But this book is not about celebrating these successes—it’s about predicting new ones. Christensen contends that by understanding what causes customers to "hire" a product or service, any business can improve its innovation track record, creating products that customers not only want to hire, but that they’ll pay premium prices to bring into their lives. Jobs theory offers new hope for growth to companies frustrated by their hit and miss efforts. This book carefully lays down Christensen’s provocative framework, providing a comprehensive explanation of the theory and why it is predictive, how to use it in the real world—and, most importantly, how not to squander the insights it provides.