A Quote by Jay Samit

Betting all your funds on the belief that you know what consumers want and are willing to pay for is like jumping into a river to test its depth - you'll need a lot of luck to stay afloat. To have a truly successful product launch, the conversations with your customers must start long before you write your first line of code.
To gain paying customers you'll need to focus on attracting the right followers, and not just on attracting the most. Communicate often with useful information to increase your value, and focus on pitching your product in a genuine way. Make sure you have a professional web presence, and with any luck, you should start noticing your efforts pay off.
Auctomatic was a compressed start-up experience, going from start to launch to acquisition in under a year. We spent a long time building the product before getting our first customer, whereas with Stripe we made sure we had paying customers from the very start.
Not being in tune with your customers is like living in an alternate reality; the way you think your customers feel about your product is not always the same as what your customers really think about your product.
Customers are a great way to finance a business for many reasons. First, customer financing is typically non dilutive. They want something from you other than equity in your business. Customers also help you fit your product to the market. And customers will help debug and improve the quality of the product.
Your teacher cannot bridge the gap between what you know and what you want to know. For his words to ‘educate' you, you must welcome them, think about them, find somewhere for your mind to organize them, and remember them. Your learning is your job, not your teacher's job. And all you need to start with is desire. You don't need a schoolteacher to get knowledge - you can get it from looking at the world, from watching films, from conversations, from reading, from asking questions, from experience.
Products, profits, and paychecks are not enough anymore. These days, society cares how you treat your own workers. Customers want to know you promote the same values inside your walls as you do outside; job hunters want to know you care about them before they send in an application. Your culture is your brand. You need to create an organization where your employees believe in what you do.
Your job, work, life assignment must be the spark that fuels your fire. It must be a passion that you pursue. You must want it enough to do it for free. You must be willing to stick with it, taking the ups and downs, giving it all that you are for as long as you can! You’ve got to taste it, smell it, know it whether you are awake or asleep. If you do not have a lustful passion for your work, you really need to find something else to do.
How friendly are your companies' first words? Just try this...start all conversations with customers using one of the following words or phrases: 'great!' 'no problem', 'you're in luck', 'that's my favorite problem'.
Most of all, I discovered that in order to succeed with a product, you must truly get to know your customers and build something for them.
Most of all, I discovered that in order to succeed with a product you must truly get to know your customers and build something for them.
Make no man your friend before inquiring how he has used his former friends; for you must expect him to treat you as he has treated them. Be slow to give your friendship, but when you have given it, strive to make it lasting; for it is as reprehensible to make many changes in one's associates as to have no friends at all. Neither test your friends to your own injury nor be willing to forego a test of your companions.
The bottom line is a by-product of taking care of your main product - your customers.
When talking to first-time entrepreneurs, I often ask them: 'How do you know that people want your product or service?' As you can expect, the answer is often that they don't yet, but will know once they launch. And they're right. That's why it's critical to launch as quickly as possible so you can get that feedback.
Have a lot of conversations. Look at the implications of changing, but ultimately, you have to trust your gut. Test your conflicting advice as much as you can through research and conversations.
To truly launch a great product, you need partners. Channel and marketing partners share in your success and share in the costs of reaching your target audience.
When designing your product, go beyond consumers' current knowledge base. Design, test, and dig deeper than almost any client would pay you to do.
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