background preloader

Startup

Facebook Twitter

Reaching the Startup Holy Grail: Product-Market Fit. In preparation for my next online Skillshare class, I’ve been doing research into how startups reach product-market fit (disclaimer: I’m not an expert on this topic). The beauty behind a new concept is that there are a lot of different methodologies including those from Sean Ellis, Ash Maurya, Steve Blank, and Eric Ries. Below, I’ll link to great articles I found throughout my research and share a simple methodology we’ve been using at Skillshare to reach product-market fit. A startup hits product-market fit (PMF) when they’ve developed a product for a group of passionate users in a big enough market. As Marc Andressen puts it in this article: “product/market fit is the only thing that matters.”

Product/market fit means being in a good market with a product that can satisfy that market.You can always feel when product/market fit isn’t happening. The key is to reach PMF before you run out of money. 1. 2. This is a strategy I continuously develop and evolve over time. 3. 4. SWsea. SW_Annual_Report_2011. How to Create a Million-Dollar Business This Weekend (Examples: AppSumo, Mint, Chihuahuas)

Noah Kagan built two multi-million dollar online businesses before turning 28. He also looks great in orange. (Photo: Laughing Squid) I first met Noah Kagan over rain and strong espressos at Red Rock Coffee in Mountain View, CA. It was 2007. It would be the first of many. The matchmaker then introducing us was the prophetic and profane Dave McClure, General Partner of 500 Start-ups, which is now headquartered just down the street from Red Rock. Mr. He was employee #30 at Facebook, #4 at Mint, had previously worked for Intel (where he frequently took naps under his desk), and had turned down a six-figure offer from Yahoo. The purpose of this post is simple: to teach you how to get a $1,000,000 business idea off the ground in one weekend, full of specific tools and tricks that Noah has used himself. He will be your guide… Enter Noah For some reason, people love to make excuses about why they haven’t created their dream business or even gotten started.

Same deal for AppSumo. 1. 1. 1. 2. 3. 4. All your software in one nice little burrito | AppSumo.com. Everyone and their Mother is all like - "oh dude, you gotta learn how to code if you want to make it in tech! " Wrong! What if I told you that there was a skill that was equally in demand, just as important, and (dare I say) more fun? I'm talking about web design. If you get overly excited opening Apple products because of the pretty box, you may have a natural penchant for design. Design is the wrapping that makes a decent app a GREAT app. Design takes code (which is the engine) and wraps it nicely so it makes it easy to use and fun to look at (the body of the car). If this is you, you need to learn the Grandaddy of all design tools - Photoshop. With Photoshop you can: Design your own logos.Edit photos.Mock-up awesome websites.Or even make money designing these assets for others.

The problem with Photoshop is that it can do almost ANYTHING. Regularly, this course sells for $499. Click here to grab Learn Photoshop, Web Design & Profitable Freelancing for only $49! P.S. Landing Pages: Create, Publish & A/B Test Without I.T. LaunchRock - Set up a “Launching Soon” page in minutes.