According to billionaire Marc Andreessen, startups too often underprice themselves. This may be true. But it also means that the startup has a good product. This is not always true. Startups are not prohibited from creating worthless MVPs. So before hiking up your prices, make sure you are first offering a good product. One that’s worth a higher price tag.

Advice From Marc Andreessen

People are willing to pay literally anything in return for a good product.

<img alt="Dave Schools" src="https://miro.medium.com/max/500/1*tM0zDW96dXuCxICKr6n6kw" width="48" height="48">Knowing how to price your product or services is difficult.In this detailed story about the Ugly Pie, a pie shop in a small town in Maryland, three friends discovered a vital lesson: People are willing to pay literally anything in return for a good product.The Ugly Pie serves some of the best pie you’ll ever taste in this lifetime. They slowly became aware of this fact (their customers asked them to please charge more — *wow*) and now are on track to quadruple their sales this year.According to billionaire Marc Andreessen, startups too often underprice themselves. This may be true. But it also means that the startup has a good product. This is not always true. Startups are not prohibited from creating worthless MVPs. So before hiking up your prices, make sure you are first offering a good product. One that’s worth a higher price tag.<h1 data-selectable-paragraph="">Question: Would you be interested in a private Facebook group for Entrepreneur’s Handbook readers only?</h1>I’m thinking about creating a group where we would:<UL><LI>Meet each other, share our stories, and network</LI><LI>Help each other with idea feedback, product design, and marketing tips</LI><LI>Share and discuss articles we find interesting</LI></UL>For those of you who remember, I’m envisioning this would be a lightweight, free version of <a rel="noopener" href="https://entrepreneurshandbook.co/join-brew-projects-87e9f14c5b7e" dir="ltr">Brew Projects</a>, the former (now defunct) paid membership of EH (tap the link in the previous sentence to see what I mean). This Facebook group would be similar in that it would help entrepreneurs get started on turning their business idea into actual income.If you’re interested in something like this, please hit reply and let me know.Happy hustling,DavePS. Hanging out with friends this weekend? Get my free questions app Party Qs and start some really interesting conversations. See how it works at <a href="https://partyqs.com/" rel="noopener ugc nofollow" dir="ltr">partyqs.com</a>. Cheers!

In this detailed story about the Ugly Pie, a pie shop in a small town in Maryland, three friends discovered a vital lesson: People are willing to pay literally anything in return for a good product…

entrepreneurship

Entrepreneurship

startup

Startups

Knowing how to price your product or services is difficult.

In this detailed story about the Ugly Pie, a pie shop in a small town in Maryland, three friends discovered a vital lesson: People are willing to pay literally anything in return for a good product.

The Ugly Pie serves some of the best pie you’ll ever taste in this lifetime. They slowly became aware of this fact (their customers asked them to please charge more — *wow*) and now are on track to quadruple their sales this year.

According to billionaire Marc Andreessen, startups too often underprice themselves. This may be true. But it also means that the startup has a good product. This is not always true. Startups are not prohibited from creating worthless MVPs. So before hiking up your prices, make sure you are first offering a good product. One that’s worth a higher price tag.

Question: Would you be interested in a private Facebook group for Entrepreneur’s Handbook readers only?

I’m thinking about creating a group where we would:

<ul><li>Meet each other, share our stories, and network </li><li>Help each other with idea feedback, product design, and marketing tips </li><li>Share and discuss articles we find interesting </li> </ul>

For those of you who remember, I’m envisioning this would be a lightweight, free version of <a href="https://entrepreneurshandbook.co/join-brew-projects-87e9f14c5b7e">Brew Projects </a>, the former (now defunct) paid membership of EH (tap the link in the previous sentence to see what I mean). This Facebook group would be similar in that it would help entrepreneurs get started on turning their business idea into actual income.

If you’re interested in something like this, please hit reply and let me know .

PS. Hanging out with friends this weekend? Get my free questions app Party Qs and start some really interesting conversations. See how it works at <a href="https://partyqs.com/">partyqs.com </a>. Cheers!

How these 3 female cofounders quadrupled their sales by following Marc Andreessen’s crucial advice…

Advice From Marc Andreessen

MARC ANDREESSEN

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