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Research, test, and validate your software product idea before investing time and resources.
Avoid falling into the quicksand of an untested idea and ensure you have a solid foundation to build upon.
Grab your customer's attention with a strong value proposition that showcases the benefits of your product.
Your value proposition is the ultimate bait, hook, and sinker that can reel in your target audience and set you apart from your competitors.
Start Small, Stay Lean
Scratch Your Own Itch
Proactively engage with real and prospective customers to understand their needs and pain points. Solicit feedback early and often.
Iteratively improve products based on user insights rather than assumptions.
Automate processes only after nailing down the essentials. Avoid prematurely over-automating before identifying core pain points.
Outsource selectively - don't relinquish control of critical processes.
Be extremely selective when hiring team members as early hires are crucial.
But part ways quickly with wrong fits - the wrong people can sink a small business. Opt for skill fit over culture fit.
Obsess over your sales funnel by monitoring key metrics.
Diagnose and improve lead generation, conversion rates, and customer retention through testing.
Zero to Sold: How to Start, Run, and Sell a Bootstrapped Business is a book written by Arvid Kahl in 2020. The book provides a step-by-step guide to starting, running, and selling a bootstrapped business. It covers topics such as developing an idea, creating a product, finding customers, hiring employees, raising capital, and exiting a business. It also provides advice on the key elements of an effective business, such as goal setting, customer service, financial planning, and marketing. The book also offers actionable advice on how to use technology to create a successful business.
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Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
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