What allowed us to survive?
- Strong technical team - not intimidated by any technical challenge
- High ego for the product
- Low burn (minimum cost of running solution)
What problem are you solving?
- Can you state the problem clearly? (in two sentence)
- Have you experienced it yourself?
- Can you define this problem narrowly?
- Let’s talk about the people that we can address first? who can we help first? immediately? How can we get first indication that this this working? what is that use case?
- Is that problem solvable?
- Babysitter example
Who is your customer?
- Everyone?(No!)
- First customer
- How offen do they have the problem?
- frequency of the problem. example: car shopping website
- Who is getting the most value out of this product?
- You’re trying to help someone with the problem they have frequently
- if you think about the products that you use on a daily basis
- How intense is the problem?
- Frequency and intensity analysis. example: uber (buy a car, taxi)
- Are they willing to pay?
- Give it a way for free = > No
- You want to know wheather you have a good prouct?
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it’s a lot easier to make it a litte bit harder (pay) for your user to use it
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and then see if it they use it anyways
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Charge zero dollar to the user come only to try something out, not intense problem
- Try to learn from the wrong person
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Start with a higher price or a price is almost / always better
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If you need to give it free, you need to do the analysis of how do you talk yhe user
- where the problem is actually intense
- use product frequently, in production, for real-world purpose
- talk to the good customer is good but talk to the bad customer is very very bad => hijack
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- How easy are they to find?
- Get water to the pepole in the middle of a desert in the Sahara