Startup Snowball

New episode of talk a little bit about what we're doing at FIU that report and what you can expect to get from us over the coming weeks

For some reason I chose to use goats as an example

Don't be deterred by conventional wisdom, start your marketplace business today

Today we cut to the core of what we're doing here with Startup Snowball

Today we'll be talking about how Startup Snowball helps you with the cost of starting a business

Simple approach to starting a clothing company

Our first live show! Nobody called in! It was great!

We will finally be going live tomorrow at 10am

Snowball stage is the point at which you are ready to deliver a product to customers. You should know your pricing, and have good answers to the most common questions people will have about your business. You’ll spend this stage almost entirely working on closing your first customer. In order to do that you’re going to need to formally setup your business. When you have completed this stage you should be able to answer the following questions: How much does it cost you to acquire a customer? (or “What is your CAC?”) How am I going to drive sales beyond paid channels? (“Content Marketing/Sales Channels”) How do I make sure to keep the customers I do have? ( “Customer Retention”)

Snowflake stage is when your idea has turned into a delicate little business concept. You now have to take that bit of material and discover if you can make a business out of it. This will entail researching the existing market and talking to customers about your proposed solution. When you have completed the Snowflake stage, you should be able to answer the following questions: Do customers want this solution? Can I provide this service at a profit? What does the next iteration of your product look like?

Droplet Stage is the point at which your idea is more or less a hunch. This is an important time to spend learning about the market and talking to as many people as you can, ideally those with knowledge of the problem you’re trying to solve. When you’ve completed the Droplet Stage you should be able to answer these three questions: What am I building? (The Product) Who am I building it for? (The Market) Why is is better that the current solution? (The Core Value Proposition)

Tim is a long time Construction professional and see's an opportunity in the market. But is the opportunity what it seems at first, or something even better? --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Heather wants to start a content subscription business for Truckers, helping them stay healthy and limber. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In this episode we'll go talk about the accelerator that powers this podcast and how it can help you start your business. Signup to be on the show || Join the FIU accelerator FIU.Report || Follow us on Twitter @StartupSnowball & @GrahamMcBain Thank you for listening! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Our first guest is an HVAC professional who wants to get into business on his own. Darnell talks about his experience in the field, and his desire to be his own boss. We talk through some quick early steps, and agree to check back in after a few weeks. Signup to be on the show || Join the FIU accelerator FIU.Report || Follow us on Twitter @StartupSnowball & @GrahamMcBain

Many people would make more progress on their ideas if they asked themselves these three questions. I'll go through those questions and some common misconceptions people make about them. Signup to be on the show || Join the FIU accelerator FIU.Report || Follow us on Twitter @StartupSnowball & @GrahamMcBain Thank you for listening! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app