Podcasts about minimum viable product mvp

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Best podcasts about minimum viable product mvp

Latest podcast episodes about minimum viable product mvp

The UpFlip Podcast
192. How to Start a SaaS Business (Even If You're Not in Tech)

The UpFlip Podcast

Play Episode Listen Later Jun 23, 2025 31:18


Dan Uyemura, founder of the top-rated gym software company PushPress, joins Ryan Atkinson on The UpFlip Podcast to share his journey of building a successful SaaS business. As a former internet engineer and gym owner, Dan intimately understood the need for better software development in the fitness industry, leading him to create PushPress. This episode dives into the core challenges and triumphs of building a software company from the ground up.Learn about the surprising inspiration behind the company name, the long game strategy that drove  business growth, and the valuable lessons he learned about identifying market needs and building a Minimum Viable Product (MVP).Tune in to hear Dan's candid insights on scaling a software platform, the importance of listening to customer feedback, and his unwavering commitment to providing genuine value. Whether you're an aspiring entrepreneur or looking to refine your business strategy, this episode offers a practical look into the SaaS market.Takeaways:- Entrepreneurship often involves turning frustrations into opportunities, as Dan built PushPress to solve his own problems with gym software.- Customer service can be a significant differentiator, especially in the early stages of building a SaaS company.- Authenticity and a genuine love for your customer base are crucial for long-term success in niche markets.- Scaling a vertical SaaS business can be a slow and steady process, requiring patience and perseverance.- Your initial product might be more of a learning tool, and you need to be prepared to rebuild or significantly iterate as you understand customer needs better.- Listening to customer feedback and allowing it to guide product development (like PushPress Grow) can lead to significant revenue streams.- Having a strong conviction about your product and target audience can help you make strategic decisions, including when to say "no" to potential clients.- A holistic marketing approach, including SEO and paid advertising, becomes important for sustained growth.- Building a successful SaaS company requires a long-term perspective and the ability to weather numerous challenges.- Providing value to your customers should be the primary driver, with financial success being a result of that value creation.Tags:  SaaS, Tech Ventures, Software Development, Business Growth, Business FundingResources:Start Your Business Today: https://links.upflip.com/3ZJxGqn Connect with Dan : https://www.instagram.com/danielsan/?hl=en

Ini Koper
$398 Bongkar Rahasia Inovasi Sosial Ala Lean Impact

Ini Koper

Play Episode Listen Later Jun 15, 2025 10:57


Pernahkah Anda merasa frustrasi melihat program sosial yang hebat namun gagal mencapai skala yang luas? Di dunia yang penuh dengan niat baik dan sumber daya yang terbatas, banyak organisasi nirlaba dan sosial terjebak dalam siklus "perencanaan-pelaksanaan" yang kaku, yang sering kali menghabiskan dana besar hanya untuk menyadari bahwa solusi mereka tidak berkelanjutan atau tidak benar-benar menjawab kebutuhan komunitas. Episode kali ini membongkar mengapa pendekatan tradisional sering kali gagal dan mengapa semangat saja tidak cukup untuk menciptakan perubahan yang langgeng. Di sinilah "Lean Impact" mengubah permainan. Dengan meminjam prinsip-prinsip inovasi dari dunia startup teknologi—seperti siklus Build-Measure-Learn (Bangun-Ukur-Pelajari), Minimum Viable Product (MVP), dan keberanian untuk melakukan pivot—Ann Mei Chang menawarkan sebuah peta jalan yang radikal. Kami akan membahas tiga pilar utamanya: Berpikir Besar untuk menetapkan tujuan yang ambisius, Memulai dari yang Kecil untuk menguji asumsi dengan cepat dan murah, serta Terus-Menerus Mengejar Dampak sebagai satu-satunya metrik keberhasilan sejati. Pendekatan ini bukan tentang gagal cepat, tetapi tentang belajar cepat. Baik Anda seorang pemimpin nirlaba, filantropis, atau pegiat sosial, episode ini akan memberikan Anda alat dan kerangka berpikir praktis untuk memaksimalkan dampak dari setiap sumber daya yang Anda miliki. Dengarkan sekarang untuk menemukan bagaimana organisasi seperti VisionSpring dan Proximity Designs berhasil menerapkan prinsip Lean Impactuntuk mengubah kehidupan jutaan orang. Siapkan diri Anda untuk berhenti mendanai proyek dan mulai mendanai hasil.

Develpreneur: Become a Better Developer and Entrepreneur
Solving Problems in Software Projects | Building Better Developers with AI

Develpreneur: Become a Better Developer and Entrepreneur

Play Episode Listen Later Jun 12, 2025 31:17


In software development, the real challenge often isn't coding—it's solving the right problems. In this episode of Building Better Developers with AI, hosts Rob Broadhead and Michael Meloche tackle one of the most overlooked but costly traps in tech: solving problems in software projects that don't need solving, while missing the ones that do. With the help of AI, they explore why teams often get stuck fixing symptoms instead of addressing root causes, launching features that don't matter, or optimizing performance before users even exist. Through candid examples and sharp insights, they demonstrate how developers can shift their mindset to deliver meaningful and lasting solutions. Solving Problems in Software Projects with AI This episode begins with a lighthearted intro: No, AI won't send killer robots to your house—but it can help you become a better developer. Rob and Michael let AI help set the topic: solving problems in software projects without actually solving the problem. They explain how developers often confuse motion with progress. Writing code doesn't mean you're building value. Launching a feature doesn't mean it's needed. These illusions create technical debt and user frustration. Michael compares this to marketing tricks, such as offering gift cards to attract users instead of improving the site to keep them engaged. Solving the Right Problem in Software Projects A quote from Einstein sets the tone: “If I had an hour to solve a problem, I'd spend 55 minutes thinking about the problem.” Rob and Michael emphasize the importance of understanding before acting. Too many developers rush to fix bugs without asking: What's broken? What does the user expect? Michael draws on insights from Dan Heath's "Upstream" to emphasize the importance of preventing issues, rather than just reacting to them. Effective developers think ahead and solve problems at the source—not just in the code, but in the system design and user flow. Avoid Quick Fixes When Solving Problems in Software Projects Rob warns against “band-aid fixes”—temporary solutions, such as increasing timeouts or adding unnecessary features. These surface-level patches don't address the core issue and often exacerbate the problem. Michael provides examples from the gaming world and enterprise software, highlighting instances where shipping buggy systems is done solely to meet a deadline, only to spend months patching them. Instead, they advocate for delivering a Minimum Viable Product (MVP) that truly addresses user needs. Why Listening Solves More Than Writing Code Michael shares a powerful technique: shut up and let your customer talk. Developers often assume they understand the problem after hearing a few words. But real insights come from listening deeply and asking open-ended questions. Rob adds that great discovery comes from dialogue. Clients often reveal critical needs casually—things you'd never hear if you rushed through the requirements checklist. Strategic Planning vs Feature Bloat Planning is vital, but discipline is equally important. Michael recommends an early brainstorm to throw every idea on the table. Then, trim down ruthlessly to only what's needed for your MVP. Rob warns against premature optimization: spending hours adjusting colors and layout before functionality is in place. Significant development is about timing—doing the right work at the right stage. Final Thoughts on Solving Problems in Software Projects The episode concludes with a call to action: focus on outcomes, not output. Don't measure your value by lines of code or number of features. Measure it by the clarity, stability, and usefulness of the solution you deliver. Sometimes, the best move is to slow down, ask more questions, and think more deeply. Rushing to implement can lead to rework and frustration. Thoughtful, deliberate problem-solving builds better developers and better software. Stay Connected: Join the Developreneur Community We invite you to join our community and share your coding journey with us. Whether you're a seasoned developer or just starting, there's always room to learn and grow together. Contact us at info@develpreneur.com with your questions, feedback, or suggestions for future episodes. Together, let's continue exploring the exciting world of software development. Additional Resources One Offs, Side Projects, and Veering From Standards Setting Realistic Expectations In Development The Importance of Properly Defining Requirements Building Better Developers With AI – With Bonus Content

The Podcast by KevinMD
Rethinking medical education for a technology-driven era in health care

The Podcast by KevinMD

Play Episode Listen Later May 20, 2025 19:41


Medical student Rishma Jivan discusses her article, "Medical curriculum 2.0: Integrating technology and innovation in medical education." She argues for an urgent update to medical training, embedding technology and innovation as core components to prepare future physicians for a digitally transformed health care landscape. Rishma highlights the necessity for medical students to become active contributors to health technology, not just end-users, to address pressing issues like physician burnout and patient distrust, and to bridge the gap between tech development and clinical needs. The conversation explores integrating concepts like the Minimum Viable Product (MVP) approach from the tech world into medical thinking, fostering collaboration between medical professionals and technology developers. She proposes a curriculum enriched with hands-on experiences, partnerships with innovators, and inclusion of diverse voices to ensure new solutions are equitable and effective. The key takeaway is: It is imperative to evolve medical education to equip the next generation of physicians with the skills to co-create and implement innovative solutions for better patient care and a more sustainable health care system. Our presenting sponsor is Microsoft Dragon Copilot. Microsoft Dragon Copilot, your AI assistant for clinical workflow, is transforming how clinicians work. Now you can streamline and customize documentation, surface information right at the point of care, and automate tasks with just a click. Part of Microsoft Cloud for Healthcare, Dragon Copilot offers an extensible AI workspace and a single, integrated platform to help unlock new levels of efficiency. Plus, it's backed by a proven track record and decades of clinical expertise—and it's built on a foundation of trust. It's time to ease your administrative burdens and stay focused on what matters most with Dragon Copilot, your AI assistant for clinical workflow. VISIT SPONSOR → https://aka.ms/kevinmd SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended

The Mind Your Business Podcast
Episode 748: The Course Chronicles: Creating Interest (Episode 04)

The Mind Your Business Podcast

Play Episode Listen Later Apr 11, 2025 19:25


It's time for the fourth installment of The Course Chronicles, where I document and bring to you, in real-time, my thoughts, processes and updates for our brand-new program that we're creating and launching. Let me tell you, we are gaining traction and things are happening! In this episode, I reveal what I'm doing to create interest for this new offer, and more exciting developments including sign-ups to the waitlist.  I hope you are enjoying this series and what I've been sharing these past few weeks, and that it gives you the permission to launch what it is you have on your heart and mind this year. You can do it!  My free 3-day training for digital course creators, called Your First Digital Product, is coming on April 22nd! It'll help you go from Zero to SALES, and in it I share my $90 million process for creating a digital product that people will actually pay for. You do not want to miss this, so register now at www.jameswedmore.com/fdp, and I'll see you there.  Save the date, because May 29th we kick off our live virtual extravaganza that happens just once a year, our 3-part live week-long training experience, The Rise of the Digital CEO!  Before you go, snap a screenshot of the episode playing on your device, post it to your Instagram Stories and tag us, @jameswedmore and @jeunejenni. We'd love to hear what resonated with you the most.  In this episode you'll hear:  How I validated this new offer with a waitlist and what happened after I sent the first email  What exactly I said to connect with my audience and drive action and waitlist sign-ups  The importance of delivering tangible results to build a strong and authentic reputation, versus the fabricated online personas we see so often  A breakdown of my minimalist launch plan that will focus on a single email with a direct link to a checkout page What to understand about the Minimum Viable Product (MVP) and promotion How you can register for my free 3-day live training, Your First Digital Product, happening on April 22nd  For full show notes and links, visit: www.mindyourbusinesspodcast.com/blog/748 

Startup Geeks Audio Experience
#29 - Come creare il tuo primo prodotto digitale (senza spendere una fortuna)

Startup Geeks Audio Experience

Play Episode Listen Later Apr 2, 2025 22:09


Hai un'idea imprenditoriale, ma non vuoi investire troppo prima di essere sicuro che funzioni?In questo episodio di Confidenze Imprenditoriali, Alessio e Giulia spiegano perché creare un Minimum Viable Product (MVP) è una delle scelte più intelligenti per ogni imprenditore. Un MVP ti permette di testare la tua idea con un investimento minimo, raccogliere feedback reali dai clienti e perfezionare il prodotto senza rischiare ingenti somme di denaro.Attraverso esempi pratici e consigli utili, Alessio e Giulia esplorano come costruire un MVP efficace, quali strumenti digitali utilizzare, e come monitorare i feedback per migliorare continuamente il prodotto. Se sei pronto a testare la tua idea sul mercato senza spendere una fortuna, questa puntata è per te!-------------

Working Code
209: MVP Therapy

Working Code

Play Episode Listen Later Mar 13, 2025 57:53 Transcription Available


In this week's episode, Adam seeks support from Ben and Tim as he ventures into creating a Minimum Viable Product (MVP) for a new app designed to digitize the operations of drop zones.The discussion centers on the importance of developing a solid hypothesis, engaging potential users early on, and navigating the emotional hurdles associated with bringing a side project to market.Follow the show and be sure to join the discussion on Discord! Our website is workingcode.dev and we're @workingcode.dev on Bluesky. New episodes drop weekly on Wednesday.And, if you're feeling the love, support us on Patreon.With audio editing and engineering by ZCross Media.Full show notes and transcript here.

Leaders, Innovators and Big Ideas - the podcast
From Innovation to Implementation: Lessons in Tech Development

Leaders, Innovators and Big Ideas - the podcast

Play Episode Listen Later Mar 4, 2025 30:33


In this enlightening episode of the Leaders, Innovators and Big Ideas Podcast, Al Del Degan engages with Paisley Churchill, an influential figure in technology development and innovation consulting. Paisley delves into her journey from economic development to leading impactful tech initiatives. She highlights the evolving concept of the Minimum Viable Product (MVP), explores the integration of low-code platforms in prototyping, and emphasizes the importance of understanding true customer needs over superficial feedback. As she transitions into her new role with the Calgary Innovation Coalition, Paisley shares her vision for fostering connectivity within Alberta's innovation ecosystem. Thank you for listening to the Leaders, Innovators and Big Ideas podcast, supported by Rainforest Alberta. The podcast that highlights those people who are contributing to and/or supporting the innovation ecosystem in Alberta. Host: Al Del Degan is a software developer and tech leader in Alberta's innovation ecosystem. He is also a Web3 enthusiast and podcaster, sharing his knowledge and passion for emerging technologies with his audience. Al is the founder and CTO of New Idea Machine, a software company dedicated to helping new developers gain hands-on experience building real-world applications. With his commitment to giving back to the community, Al is always available to offer advice on technology and business. His passion for innovation and entrepreneurship is evident in everything he does, making him a respected leader in the tech industry. Guest: Paisley Churchill brings a deep background in startups, economic development, and technology to her career helping businesses and founders transform ambitious ideas into impactful realities. From evaluating over 200 funding applications at Calgary Economic Development to launching 30+ software projects in custom tech, she combines strategic thinking, hands-on experience, and an unwavering commitment to client success. As a consultant, she has guided businesses across sectors through business planning, tech product development, and securing over $1.5M in funding. Through her company Tech Translator, Churchill empowers non-technical founders to bridge business-tech gaps while avoiding common costly mistakes. Her passion for caregiving stems from personal experience. As Chief Product Officer at Team CarePal, Churchill works to ensure nobody faces caregiving alone, supporting innovative solutions that ease this challenging journey for families. Whether advising founders, shaping tech strategies, or advocating for caregivers, her work reflects a steadfast belief in collaboration, empathy, and innovation as drivers of meaningful change. When not working, Churchill trains in Brazilian Jiu-Jitsu – cultivating patience, strategy, and perseverance that directly inform her professional approach. She balances this intensity with downtime spent caring for her two dogs, who bring equal measures of joyful chaos and grounding companionship to her life. Show Links: CIC - Calgary Innovation Coalition The Tech Translator Team CarePal   Calgary Economic Development A.I. Can't read your mind  Show Quotes: "The MVP is dead...the minimum to get your first client is usually single sign-on with whatever they're using." "It's really important that you only follow the money and you follow signed contracts" "Not everyone needs to be a tech company to get investment" Credits... This Episode Sponsored By: New Idea Machine Episode Music: Tony Del Degan Creator & Producer: Al Del Degan  

The Thoughtful Entrepreneur
2114 – Leveraging AI for Optimal Recruitment Results with Bahia AI's Delaney Thompson

The Thoughtful Entrepreneur

Play Episode Listen Later Mar 3, 2025 21:43


The Evolution of Hiring: Integrating AI for Smarter RecruitmentIn a recent episode of the Thoughtful Entrepreneur Show, host Josh interviews Delaney Thompson, co-founder of Bahia AI, to discuss the transformative impact of artificial intelligence (AI) on talent sourcing and recruitment. Delaney introduces Mia, Bahia AI's flagship AI-driven tool, which automates the identification and engagement of potential job candidates. This conversation highlights how AI can streamline recruitment processes, address common challenges, and maintain a crucial human touch in candidate interactions.Bahia AI is dedicated to revolutionizing recruitment through advanced technology, aiming to make hiring more efficient by leveraging AI. Mia, their innovative tool, automates the initial stages of recruitment by identifying and engaging potential candidates, significantly reducing the time and effort involved in traditional hiring methods. Delaney explains that Mia allows businesses to focus on genuinely interested candidates, improving the overall efficiency of the recruitment process. AI tools like Mia offer key advantages, such as processing large volumes of data quickly, eliminating bias, and being cost-effective compared to traditional platforms.Despite the efficiency AI brings, maintaining a personal touch in candidate interactions remains essential. Mia handles initial outreach and engagement, but once candidates respond, human recruiters take over to ensure a personalized experience. Delaney shares Bahia AI's journey, from launching their Minimum Viable Product (MVP) using no-code tools to developing a more robust platform. As Bahia AI plans to transition to a credit-based pricing model, Delaney emphasizes the importance of curiosity and continuous improvement in leveraging AI solutions. Listeners are encouraged to explore Bahia AI's offerings and embrace AI's potential to transform recruitment processes.About Delaney Thompson:Delaney is a remote tech entrepreneur who has lived abroad for the past six years. With a deep understanding of remote work and tech, she has successfully led various ventures in the industry while embracing the flexibility of the digital nomad lifestyle.About Bahia AI:Founded by Delaney Thompson and Danika Chilibeck, Bahia AI is a cutting-edge talent sourcing platform that combines the power of artificial intelligence with the expertise of human recruiters. Launched in June 2024, Bahia AI has quickly gained traction, securing over 20 paying customers and generating significant revenue in the tens of thousandsApply to be a Guest on The Thoughtful Entrepreneur: https://go.upmyinfluence.com/podcast-guestLinks Mentioned in this Episode:Want to learn more? Check out Bahia AI website athttps://www.bahia.ai/Check out Bahia AI on LinkedIn athttps://ca.linkedin.com/company/bahia-aiCheck out Delaney Thompson on LinkedIn athttps://ca.linkedin.com/in/delaney-j-thompsonDon't forget to subscribe to The Thoughtful Entrepreneur and thank you for listening. Tune in next time! More from UpMyInfluence:We are actively booking guests for our The Thoughtful Entrepreneur. Schedule HERE.Are you a 6-figure consultant? I've got high-level intros for you.

ScaleUpRadio's podcast
Episode #455 - Developing An Innovative Business In The Hospitality Industry - with Raluca Epureanu

ScaleUpRadio's podcast

Play Episode Listen Later Feb 17, 2025 53:30


In this episode of ScaleUp Radio, we sit down with Raluca Epureanu, the founder of Flairmakers—a pioneering talent-on-demand platform designed specifically for the hospitality industry. Raluca shares her inspiring journey from concept to creation, revealing how Flairmakers is revolutionising the freelance talent landscape by integrating skills training directly into their platform. Key Highlights: Innovative Business Model: Flairmakers connects hospitality businesses with freelance talent for short-term assignments, while also providing integrated training to expand the freelance talent pool. Funding Success: After raising an impressive £275,000 in a friends and family round, Flairmakers is now pursuing a pre-seed round with institutional investors to scale their impact. Challenges and Lessons Learned: Raluca discusses the delicate balance between product development and fundraising, along with the critical importance of defining a Minimum Viable Product (MVP) without falling into the perfectionism trap. Market Opportunity: With the travel and tourism industry representing 7% of global GDP, Flairmakers is tapping into a vast market, addressing the growing demand for skilled freelancers in the post-2020 world. Vision and Mission: Raluca's goal is clear—establish Flairmakers as the global go-to platform for hospitality freelancers, empowering professionals through fair pay and lifelong learning. Make sure you don't miss any future episodes by subscribing to ScaleUp Radio wherever you like to listen to your podcasts. For now, continue listening for the full story from Raluca.   Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for. If you would like to be a guest on ScaleUp Radio, please click here: https://bizsmarts.co.uk/scaleupradio/kevin You can get in touch with Kevin here: kevin@biz-smart.co.uk   Kevin's Latest Book Is Available! Drawing on BizSmart's own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up. More on the Book HERE - https://www.esusgroup.co.uk/   Raluca can be found here: https://www.linkedin.com/company/flairmakers/ https://www.linkedin.com/in/raluca-epureanu/ https://flairmakers.com/   Resources: McKinsey Quarterly - https://www.mckinsey.com/quarterly/overview The Diary of a CEO podcast - https://stevenbartlett.com/doac/ Cashing Out: How To Sell To Private Equity by Alexis Sikorsky - https://uk.bookshop.org/p/books/cashing-out-the-business-owner-s-guide-to-selling-to-private-equity-alexis-sikorsky/7660646?ean=9781781338476 Slack - https://slack.com/intl/en-gb/ Fathom - https://fathom.video/    

Designing Tomorrow: Creative Strategies for Social Impact
How to Stop Planning and Start Doing

Designing Tomorrow: Creative Strategies for Social Impact

Play Episode Listen Later Dec 3, 2024 26:55 Transcription Available


"Is your strategic plan collecting digital dust?"That's the question every social impact leader needs to ask themselves. We've all been there — investing countless hours and resources into creating the perfect 3-year plan, only to have it sit unused on a shelf.But what if there was a better way? A more agile approach that could energize your team and get your ideas into action?Enter the Minimum Viable Strategy (MVS) framework.In our latest episode of Designing Tomorrow, we break down this powerful tool for social impact leaders. We reveal:• The 4 key steps to implementing MVS (and why most organizations get step 3 wrong)• How to avoid "shiny object syndrome" when testing new ideas• Why traditional strategic planning often fails — and how MVS can help fix that• The #1 mistake leaders make when rolling out an experimental approach (hint: it's NOT because the ideas are bad)Whether you're a seasoned nonprofit executive or an emerging social entrepreneur, this episode is packed with actionable insights to help you move from analysis paralysis to decisive action.Don't let fear of imperfection hold you back from making progress. Tune in now and learn how to harness the power of MVS to accelerate your impact.Episode Highlights:[00:00] - Introduction to the concept of Minimum Viable Strategy (MVS), inspired by the tech world's Minimum Viable Product (MVP) approach.[03:45] - Eric shares a personal story about overcoming "analysis paralysis" and adopting a bias toward action in his work at Cosmic.[06:50] - Jonathan reflects on applying a version of MVS at Seymour Center, focusing on storytelling experiments for climate resilience.[10:15] - Jonathan adds critical components to the MVS framework, emphasizing the importance of defining learning goals and decision-making triggers.[18:42] - Discussion on pitfalls like "shiny object syndrome" and the need for team capacity to iterate effectively on experimental strategies.Resources:Article - Turn Your Strategic Plan into Actionable Brand and Digital StrategiesVideo - Demystifying Strategic Planning: Insights from a Seasoned ExpertArticle - In Defense of Moonshots: True Social Innovation Requires Taking RisksArticle - Are you Acting with Courage?*** If you liked this episode, it really helps a new podcast if you can help spread the word. Share with your friends or co-workers, post it to social media, “follow” or “subscribe” in your podcast app, or write a review on iTunes. We could not do this without you!We love hearing feedback from our community, so please email us with your questions or comments — including topics you'd like us to cover in future episodes — at podcast@designbycosmic.comThank you for all that you do for your cause and for being part of the movement to move humanity and the planet forward.Listeners, now you can text us your comments or questions by clicking this link.

Web and Mobile App Development (Language Agnostic, and Based on Real-life experience!)

In this episode, ⁠Krish Palaniappan⁠ and ⁠Michael Sattler⁠ delve into the concept of Minimum Viable Product (MVP). Michael shares his extensive experience as a serial entrepreneur and fractional technical product executive, discussing the evolution of his understanding of MVP over the years. The conversation covers the definition of MVP, common misconceptions, the importance of recognizing team capabilities, and the necessity of proving value through MVPs. They also explore the concept of MVP in non-engineering contexts, such as opening a restaurant, and the relationship between MVP and product-market fit. The episode emphasizes the iterative nature of MVP development and the importance of user feedback in refining the product. Takeaways • MVP is the smallest feature set to prove value. • Aesthetics matter only if they communicate value. • Founders often confuse their vision with user needs. • Recognizing team capabilities is crucial for MVP success. • MVP should be a test of hypotheses about user needs. • Iterate based on user feedback to improve MVP. • MVP can be applied in various contexts, not just software. • Product-market fit is different from MVP. • Cutting unnecessary features simplifies MVP development. • Learning from MVP failures is essential for growth. • MVP should be designed to teach rather than be perfect. • Finding product-market fit is crucial for startup success. • Startups often fail due to lack of market validation. • Testing ideas before building can save resources. • It's essential to identify the most critical features first. • Big companies also struggle to identify valuable features. • Startups can learn from the testing methods of larger companies. • Understanding customer needs is vital before building an MVP. • The process of building an MVP should be iterative and flexible. • Feature selection is both an art and a science. • Building something beautiful for personal satisfaction is valid. • Skepticism is crucial in evaluating your own ideas. • Validation from friends is often just sympathy, not real feedback. • Understanding consumer willingness to pay is essential for success. • Simulating the buying experience yields more valid data. • Execution is as much a science as it is an art. Chapters 00:00 Introduction to MVP and Michael Sattler's Background 02:16 Defining Minimum Viable Product (MVP) 06:42 Common Misinterpretations of MVP 09:33 Recognizing Team Capabilities in MVP Development 12:55 The Importance of Proving Value in MVPs 15:47 Exploring MVP in Non-Engineering Contexts 20:46 Understanding Product-Market Fit vs. MVP 24:35 Iterating on MVP Based on User Feedback 29:45 Defining the Minimum Viable Product (MVP) 32:43 The Importance of Product-Market Fit 35:19 Alternative Approaches to Feature Development 39:41 Testing Before Building: The Agile Approach 43:36 Learning from Big Companies: What Startups Can Do 48:34 Understanding Product-Market Fit vs. Problem-Solution Fit 51:55 Translating Restaurant Validation to SaaS 56:39 The Art vs. Science of Feature Selection 01:04:53 The Joy of Building for Personal Satisfaction 01:05:47 The Importance of Skepticism in Entrepreneurship 01:08:04 The Reality of Validation and Market Testing 01:11:41 Understanding Consumer Willingness to Pay 01:18:45 Execution: The Science Behind Successful Startups 01:19:45 Looking Ahead: Future Conversations on Execution Challenges

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co
IAM2287 - Master Your Morning Routine to Boost Your Productivity

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co

Play Episode Listen Later Nov 16, 2024 9:59


On this special episode, Gresham Harkless, the founder of Blue Star Franchise and Blue16 Media, shares an update about his ongoing franchise journey.    He shares his experiences and lessons learned as a franchise broker and how this process relates to starting a new business.   Gresham highlights the emotional roller-coaster in starting something new, including excitement, fear, and imposter syndrome.   He explains that one of the biggest challenges he faced (and that others face when starting a business) is simply getting started and mentions that taking that first step is crucial, even though it might seem daunting.   Gresham emphasizes the importance of consistent action and the ability to pivot when necessary.   He discusses the concept of the “Minimum Viable Product” (MVP), drawing on lessons from the book The Lean Startup.   Blue Star Franchise: bluestarfranchise.com   Browse the Franchise Inventory: bluestarfranchise.com/franchise   Is franchising right for you? Check this out to see: bluestarfranchise.com/assessment   Franchise CEO (A CBNation Site - coming soon) franchiseceo.co   Check out our CEO Hack Buzz Newsletter–our premium newsletter with hacks and nuggets to level up your organization. Sign up HERE.  I AM CEO Handbook Volume 3 is HERE and it's FREE. Get your copy here: http://cbnation.co/iamceo3. Get the 100+ things that you can learn from 1600 business podcasts we recorded. Hear Gresh's story, learn the 16 business pillars from the podcast, find out about CBNation Architects and why you might be one and so much more. Did we mention it was FREE? Download it today!

Undiscovered Entrepreneur ..Start-up, online business, podcast
Navigating MVP Challenges: Perfectionism to Progress

Undiscovered Entrepreneur ..Start-up, online business, podcast

Play Episode Listen Later Nov 15, 2024 11:27 Transcription Available


Did you like the episode? Send me a text and let me know!!Mastering Minimum Viable Products (MVP) with AI InsightsIn this episode of Business Conversations with Pi, host Scoob and his AI co-host Pi, developed by Anthropic, delve into critical topics for new entrepreneurs. They discuss what a Minimum Viable Product (MVP) is, the importance of overcoming perfectionism, and strategies for launching an MVP effectively. They also provide valuable post-launch steps, recommend insightful books, and emphasize the importance of learning and iterating based on user feedback. Tune in for actionable advice and AI-enabled insights to help turn your startup dreams into reality."The Lean Startup" by Eric Ries: "Hooked" by Nir Eyal "The Startup Owner's Manual" by Steve Blank"The Mom Test" by Rob Fitzpatrick"Running Lean" by Ash Maurya00:00 Introduction to Business Conversations with Pi01:50 Defining the Minimum Viable Product (MVP)03:07 Strategies for Launching Your MVP05:02 Post-Launch Steps and Overcoming Perfectionism06:46 Recommended Reading for Entrepreneurs07:55 Final Thoughts and Encouragement08:29 Conclusion and Next Steps Thank you for being a Skoobeliever!! If you have questions about the show or you want to be a guest please contact me at one of these social mediasTwitter......... ..@djskoob2021 Facebook.........Facebook.com/skoobamiInstagram..... instagram.com/uepodcast2021tiktok....... @djskoob2021Email............... Uepodcast2021@gmail.comIf you would like to be coached on your entrepreneurial adventure please email me at for a 2 hour free discovery call! This is a $700 free gift to my Skoobelievers!! Contact me Now!! On Twitter @doittodaycoachdoingittodaycoaching@gmailcom

optYOUmize
Unlocking Entrepreneurial Success: Insights from Innovator Jason Sherman

optYOUmize

Play Episode Listen Later Oct 11, 2024 53:43


to watch this episode, subscribe to my YouTube channel: optYOUmize podcast Youtube sponsored by HelloFresh - America's #1 Meal Kit Summary In this episode of the optYOUmize Podcast, Brett Ingram interviews Jason Sherman, a successful innovator and entrepreneur, who shares his journey from a pre-med student to a tech startup expert. The conversation covers essential topics for entrepreneurs, including understanding target markets, building a minimum viable product, the importance of mentorship, navigating financing challenges, leveraging media for exposure, and the role of technology in fostering human connections. Jason emphasizes the need for patience, experimentation, and the value of taking breaks to enhance productivity. Visit https://JasonSherman.org to get his book or listen to his podcast both named "Strap on your Boots", get his course or find his YouTube channel both named "Startup Essentials" Chapters 00:00 Introduction to Jason Sherman and His Journey 04:07 Understanding Your Target Market 11:03 Building a Minimum Viable Product (MVP) 19:25 The Importance of Beta Testing and Feedback 22:51 Finding a Mentor and Building Relationships 29:29 Navigating Financing and Investor Relations 35:54 Leveraging Media and Press for Exposure 40:30 Technology's Role in Human Connection 48:01 Final Thoughts and Tips for Success #entrepreneursuccess #innovation #podmatch #entrepreneur #personaldevelopment #optyoumize #brettingram #entrepreneurpodcast

Digital Business Models
Business Engineering

Digital Business Models

Play Episode Listen Later Oct 9, 2024 16:02


Source: Excerpts from "Business Engineering - The Foundational Discipline For The Modern Business Person" by FourWeekMBALink: https://businessengineer.ai/p/business-engineering-book-workshopI. Foundational Business ConceptsPorter's Diamond Model: This section introduces Porter's Diamond Model, a framework for analyzing why certain industries in specific nations achieve international competitiveness. It explains that factors beyond traditional economic theory, such as firm strategy and supporting industries, contribute to a nation's competitive advantage.Minimum Viable Product (MVP): This section explores the concept of the Minimum Viable Product (MVP), emphasizing the importance of quickly testing and iterating on a product to determine its viability in the market. It also cautions against oversimplifying the MVP definition and provides examples of successful MVP implementation.Investor Relations in Blockchain: This section highlights the significance of economic incentives in blockchain protocols and the role of investor sentiment in the success of blockchain projects. It stresses the importance of monitoring investor response to the evolving blockchain ecosystem.Business Acumen & First-Principles Thinking: This section defines business acumen as the ability to comprehend and navigate business opportunities and risks effectively. It emphasizes the importance of developing this skill and introduces first-principles thinking as a method for breaking down complex problems into fundamental elements.Bounded Rationality: This section delves into the concept of bounded rationality, which posits that human decision-making is limited by cognitive capabilities and environmental factors. It explores the ecological and cognitive aspects of bounded rationality and how it challenges traditional economic models of rational decision-making.The 10X Attitude: This section advocates for adopting a "10X attitude," which involves striving for tenfold improvement rather than incremental gains. It emphasizes the importance of an audacious vision, creative problem-solving, and a first-principles approach to achieve significant success.X-Shaped People: This section argues that the traditional "T-shaped" skillset, while valuable, is insufficient for achieving ambitious goals. It proposes the concept of "X-shaped" individuals, who possess deep expertise in multiple areas combined with strong leadership and authoritative skills.II. Business Strategy & GrowthMapping the Context with Psychosizing: This section introduces psychosizing market analysis, a method for estimating market size based on the psychographics of the target audience. It explains different market types (microniche, niche, market, vertical, and horizontal) and their characteristics based on consumer readiness and product complexity.Tesla Case Study: Vision & Market Entry: This section uses Tesla as a case study to illustrate the importance of a strong vision and effective market entry strategy. It analyzes Tesla's approach to market validation, highlighting the concept of a "transitional business model" used during the initial stages of growth.Reverse Engineering & Identifying the Moat: This section emphasizes the importance of identifying a company's core asset or "moat" - its sustainable competitive advantage. It provides a framework for analyzing a company's financial model, technology development, and competitive landscape to uncover its sources of strength.Business Scaling & Growth Profiles: This section defines business scaling as the process of expanding a business model as the product gains traction in wider market segments. It outlines different growth profiles: gain, expand, extend, and reinvent, each with its own strategic considerations and risks.Organizational Structures: U-Form vs. M-Form: This section contrasts two primary organizational structures: U-form (unitary) and M-form (multidivisional). It explains the advantages and disadvantages of each structure, providing examples of companies that effectively utilize each model.Strategy Lever Framework & the Blue Sea Strategy: This section introduces the Strategy Lever Framework, which focuses on identifying a profitable niche to launch a product and create a feedback loop for rapid improvement. It also introduces the "Blue Sea Strategy," which emphasizes finding a minimum viable audience within an existing market rather than seeking to create an entirely new market.The Importance of Niche and Minimum Viable Audience (MVA): This section stresses the significance of starting with a niche market to validate a product and establish a feedback loop for rapid iteration. It defines the minimum viable audience (MVA) as the smallest customer segment that can sustain a business during its initial growth phase.III. Business Model AnalysisSpotify Case Study: Ad-Supported & Premium Models: This section analyzes the Spotify business model, highlighting its two-sided marketplace approach and the interplay between its ad-supported and premium subscription services. It discusses the challenges and opportunities of maintaining a free product offering while ensuring the sustainability and scalability of the overall business model.Grubhub Case Study: Valuation & Market Dominance: This section examines the Grubhub business model, focusing on its key value drivers: restaurant relationships, diner acquisition, technology, and trademark. It analyzes Grubhub's valuation, its growth strategy through mergers and acquisitions, and its position as a leading player in the food delivery market.Blockchain-Based Business Models & Steemit Case Study: This section explores the emergence of blockchain-based business models, using Steemit as a case study. It explains the Steemit platform's use of cryptocurrency (Steem, Steem Power, and Steem Dollars), its reward system for content creators and curators, and its potential to disrupt traditional social media and content monetization models.Bundler Model & Microsoft Case Study: This section introduces the bundler business model, where companies leverage their distribution networks to group multiple products or services into a single offering. It uses Microsoft as a case study, analyzing how the company has bundled products like Windows and Office to dominate the PC software market and extract maximum value from its customer base.Distribution-Based Models & Aldi Case Study: This section discusses distribution-based business models, where a company's success hinges on its ability to establish and control key distribution channels. It uses Aldi as a case study, examining the company's vertically integrated supply chain, its cost-cutting strategies, and its focus on private label brands to offer low prices and maintain high quality.Multi-Brand Model & LVMH Case Study: This section explores the multi-brand business model, where companies manage a portfolio of distinct brands, often targeting different market segments. It uses LVMH as a case study, analyzing its strategy of acquiring and managing a diverse collection of luxury brands while granting them autonomy to maintain their unique identities and customer relationships.Netflix Case Study: Evolution of a Business Model: This section analyzes the evolution of the Netflix business model, from its origins as a DVD rental service to its current status as a global streaming giant. It emphasizes that a business model encompasses more than just monetization; it's about value creation for multiple stakeholders and the ability to adapt and innovate over time.One-For-One Model & TOMS Shoes Case Study: This section examines the one-for-one business model, where companies donate a product or service for each sale made. It uses TOMS Shoes as a case study, analyzing how the company has successfully integrated social impact into its business model, using it as a key driver of marketing, sales, and brand loyalty.IV. Building and Scaling BusinessesGitLab Case Study: DevOps Platform & Open Core Model: This section analyzes the GitLab business model, focusing on its open-core approach to providing a comprehensive DevOps platform. It highlights the company's mission, vision, and core values, emphasizing its commitment to empowering developers and organizations to build better software.Grammarly Case Study: Freemium Model & Value Differentiation: This section examines the Grammarly business model, highlighting its freemium approach to offering grammar and writing assistance. It analyzes the company's core values, its focus on user experience, and its strategy of providing a valuable free service while incentivizing users to upgrade to premium features.DuckDuckGo Case Study: Privacy-Focused Search & Value Proposition: This section analyzes the DuckDuckGo business model, emphasizing its differentiation from Google through a privacy-focused approach to search. It discusses the company's monetization strategy through untracked advertising and affiliate marketing, highlighting the growing importance of user privacy as a key value proposition.Razor & Blade Model & Dollar Shave Club Case Study: This section explores the razor and blade revenue model, where companies sell a base product at a low margin to drive demand for high-margin consumables. It uses Dollar Shave Club as a case study, analyzing how the company disrupted the traditional razor market by flipping the model and offering a subscription service for affordable blades.Retail Business Model: Dynamics & Considerations: This section provides an overview of the retail business model, highlighting its direct-to-consumer approach, higher margins, and associated risks. It discusses factors such as local competition, wholesale price fluctuations, and the importance of building customer relationships for long-term success.WeWork Case Study: Shared Workspace & Market Opportunity: This section examines the WeWork business model, analyzing its approach to providing flexible, shared workspaces and its target market of entrepreneurs and businesses. It discusses the company's value proposition of cost savings, community building, and its ambitious growth strategy.Franchising Models: Types & Strategies: This section explores different types of franchising models, including business-format franchising, traditional franchising, and social franchising. It examines the advantages and disadvantages of each model, providing examples of companies that have successfully implemented each approach.McDonald's Case Study: Heavy-Franchise Model & Real Estate Strategy: This section analyzes the McDonald's business model, highlighting its heavy reliance on franchising and its unique approach to real estate ownership. It discusses how McDonald's maintains control over its brand and product quality while leveraging the entrepreneurial spirit of its franchisees.Brunello Cucinelli Case Study: Luxury Brand & Ethical Capitalism: This section examines the Brunello Cucinelli business model, focusing on its positioning as a luxury brand that emphasizes craftsmanship, creativity, and ethical values. It analyzes the company's unique approach to "humanist capitalism" and its commitment to social responsibility.Business Incubators: Types & Roles in Supporting Startups: This section provides an overview of business incubators and their role in supporting the growth of startups. It differentiates between various types of incubators, including non-profit, corporate, private investor, and academic incubators, highlighting their specific goals and methods.Apple Case Study: Innovation, Ecosystem, and Market Disruption: This section analyzes the Apple business model, emphasizing its focus on product innovation, ecosystem creation, and market disruption. It discusses how Apple has consistently challenged industry norms, creating new product categories and transforming the way consumers interact with technology.Marketplace Business Models: Types & Dynamics: This section introduces the concept of marketplace business models, where platforms connect buyers and sellers to facilitate transactions. It differentiates between two-sided, three-sided, and multi-sided marketplaces, providing examples of each type and highlighting the importance of network effects in their success.Luxottica Case Study: Vertical Integration & Brand Portfolio: This section examines the Luxottica business model, highlighting its vertical integration strategy, its acquisition of prominent eyewear brands, and its control over the entire value chain, from design and manufacturing to retail distribution.Bootstrapping vs. External Funding: Factors to Consider: This section discusses the key considerations when deciding between bootstrapping and seeking external funding for a business. It explores factors such as market size, growth potential, control over the company, and the founder's risk tolerance in making this crucial decision.Market Sizing Techniques: TAM, SAM, SOM, and Bottom-Up Analysis: This section introduces various techniques for estimating market size, including the TAM-SAM-SOM framework and the bottom-up approach. It explains the importance of market sizing for both businesses and investors in evaluating opportunities and making informed decisions.Source: The Business Engineer Almanack by FourWeekMBAThe Business Engineer Almanack acts as a compilation of business principles, fallacies to avoid, and thinking frameworks. It challenges conventional business wisdom and encourages readers to adopt a more nuanced and critical approach to decision-making and problem-solving. The Almanack emphasizes the importance of:Challenging Assumptions & Embracing Uncertainty: The Almanack encourages readers to question common business assumptions, recognize the limitations of traditional models, and develop strategies for navigating uncertainty and complexity.Experimentation & Iteration: The Almanack emphasizes the importance of rapid experimentation, data-driven decision-making, and continuous iteration in developing successful business models and strategies.Human-Centered Approach: The Almanack stresses the significance of understanding human behavior, motivations, and cognitive biases in designing effective business models and creating value for customers.Long-Term Thinking & Sustainability: The Almanack advocates for balancing short-term gains with long-term sustainability, considering the ethical implications of business decisions, and building organizations that create value for all stakeholders.The Almanack serves as a practical guide for aspiring and experienced business professionals, providing a framework for critical thinking, problem-solving, and navigating the complexities of the modern business world.

Web and Mobile App Development (Language Agnostic, and Based on Real-life experience!)
Entrepreneurship, MVP & Startup Challenges (feat. Michael Sattler)

Web and Mobile App Development (Language Agnostic, and Based on Real-life experience!)

Play Episode Listen Later Oct 7, 2024 80:16


In this episode, ⁠Krish Palaniappan⁠ interviews ⁠Michael Sattler⁠, a serial entrepreneur and fractional technical product executive. They discuss the critical aspects of MVP development for early-stage companies, emphasizing the importance of finding product-market fit, learning from failures, and the necessity of customer feedback. Michael shares his insights on the entrepreneurial journey, the value of teamwork, and the motivations behind starting a business. The conversation highlights the realities of entrepreneurship, the importance of continuous learning, and the need for realistic expectations in the startup world. Takeaways Learn more from failures than successes. Finding product-market fit is crucial before building an MVP. Customer feedback is essential in defining an MVP. Entrepreneurship is a team sport, not a solo endeavor. Motivation should be about solving problems, not just making money. Working for a startup can provide valuable experience for aspiring entrepreneurs. The myth of the solo entrepreneur can be damaging to new founders. Realistic expectations are important for startup success. Continuous learning is key in entrepreneurship. Building a product should start with understanding customer needs. Chapters 00:00 Introduction to MVP Development 03:14 Lessons from Startup Failures 06:03 Understanding Product-Market Fit 09:12 Defining the Minimum Viable Product (MVP) 12:04 The Importance of Customer Feedback 15:00 The Role of Founders in Startup Success 17:58 Navigating the Startup Landscape 21:05 The Value of Teamwork in Entrepreneurship 24:04 Motivation Behind Entrepreneurship 27:00 The Reality of Being Your Own Boss 29:47 The Myth of the Solo Entrepreneur 33:09 Learning from Experience 36:05 Advice for Aspiring Entrepreneurs 38:52 Closing Thoughts on Entrepreneurship

Grow A Small Business Podcast
Martin Anderson on Scaling Ionata Digital: From Startup to a Leading Digital Agency with a 14-Member Team, Driving Million-Dollar Revenues While Prioritizing Innovation, Work-Life Balance, and Sustainable Business Growth. (Episode 575 - Martin Anderson)

Grow A Small Business Podcast

Play Episode Listen Later Oct 6, 2024 37:59


In this episode of Grow a Small Business, host Troy Trewin interviews Martin Anderson, founder of Ionata Digital, discusses his journey growing a digital services company with over $2 million in annual revenue. He shares his strategies for work-life balance, the importance of cash flow, and how focusing beyond Tasmania allowed his business to thrive. Martin also emphasizes the value of professional development, including his experience as president of Tas ICT. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions: What do you think is the hardest thing in growing a small business? Martin Anderson believes the hardest thing in growing a small business is managing cash flow. He emphasizes the importance of putting money aside for tax liabilities and being prepared for the financial demands that arise, especially in the second year, when the tax department might request payments for both the past and the coming year. Without careful planning, cash flow issues can become a significant challenge for business survival. What's your favourite business book that has helped you the most? Martin Anderson's favorite business book is "The Lean Startup" by Eric Ries. He appreciates its focus on testing ideas early, iterating, and learning from feedback. The book's concept of the Minimum Viable Product (MVP) resonates with him, as it encourages starting small, listening to your audience, and making improvements based on their responses. This approach aligns well with the agile project management style Martin uses in his business. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Martin Anderson recommends Tim Reid's podcast, "Small Business, Big Marketing," as a valuable resource for growing a small business. He finds it packed with great ideas and practical advice, especially for Australian entrepreneurs. Martin appreciates Tim's engaging speaking style and the useful insights provided on marketing strategies for small businesses. What tool or resource would you recommend to grow a small business? Martin Anderson recommends Xero as an essential tool for growing a small business. He praises it for simplifying financial management and believes that having a solid handle on finances is crucial for success. While he enjoys managing the business finances himself, his mentor suggests delegating this task to focus more on strategic growth. Nonetheless, Martin considers Xero a fantastic product, especially for startups. What advice would you give yourself on day one of starting out in business? If Martin Anderson could give advice to himself on day one of starting out in business, he would say: "Focus beyond Tasmania from the start." He emphasizes thinking nationally or globally, rather than being geographically limited. Martin believes that by targeting larger markets from the outset, entrepreneurs can tap into a much bigger audience and accelerate their business growth. Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.     Quotable quotes from our special Grow A Small Business podcast guest: Work-life balance is essential; respect your team's time outside of work – Martin Anderson Don't place artificial limits on yourself; the internet connects you to a global market – Martin Anderson Cash flow is the lifeblood of any small business; plan for your tax liabilities – Martin Anderson      

optYOUmize
How To Sell Info Products and Courses Before You Spend the Time To Create Them

optYOUmize

Play Episode Listen Later Sep 25, 2024 30:02


to watch this episode, subscribe to my YouTube channel: optYOUmize podcast Youtube Summary In this episode, Brett Ingram explores effective strategies for selling information products and courses before fully developing them. Brett discusses the importance of validating your idea through pre-selling, utilizing coaching calls, creating a minimum viable product (MVP), leveraging webinars or video sales letters, harnessing social proof, employing urgency and scarcity tactics, focusing on benefits and outcomes, building an email list, and developing the product in real time. By following these steps, you can reduce risks, save time and effort, and ensure your product meets market demands before investing significant resources. Chapters 00:00 Introduction: Selling Info Products Before Creation 00:31 The Problem with Creating Before Selling 01:33 Strategy 1: Validate Your Idea Through Pre-Selling 04:33 Strategy 2: Start with Coaching Calls 08:50 Strategy 3: Create a Minimum Viable Product (MVP) 13:03 Strategy 4: Use Webinars or Video Sales Letters 17:04 Strategy 5: Leverage Social Proof 18:18 Strategy 6: Create Urgency and Scarcity 19:29 Strategy 7: Focus on Benefits and Outcomes 20:23 Strategy 8: Build an Email List 23:03 Strategy 9: Build Your Product in Real Time 25:19 Conclusion: Turning Passion into Profits #digitalproducts #productcreation #entrepreneur #personaldevelopment #optyoumize #brettingram #entrepreneurpodcast

Hustle And Flowchart - Tactical Marketing Podcast
Marisa Murgatroyd: The Secret to Gamified Course Creation & Unseen Success Rates!

Hustle And Flowchart - Tactical Marketing Podcast

Play Episode Listen Later Sep 24, 2024 53:09


On this episode of Hustle and Flowchart, I had the honor of chatting with Marisa Murgatroyd, founder of Live Your Message and creator of the Experience Formula. Our conversation focused on how to create engaging and profitable online courses, integrating mission statements, and using gamification to enhance participant experience. Marisa's innovative strategies have helped many people achieve high success rates and complete their courses enthusiastically. She emphasizes integrating mission statements into course modules, setting clear goals and milestones, and using incentives to drive engagement. Marisa's methods ensure participants stay motivated through continuous rewards and structured frameworks. Joe Fier, your host, praises Marisa's creative approach and highlights the notable completion and success rates her programs achieve. Introduction to Marisa Murgatroyd Marisa Murgatroyd, the mastermind behind Live Your Message, has dedicated her career to creating experiential, transformational online courses. As the creator of the Experience Formula, she aims to keep users engaged through a framework that emphasizes continuous rewards and accomplishments. Joe Fier welcomes Marisa, noting it's been five years since her last appearance on the podcast. Integration of Mission Statements Marisa highlights the importance of embedding mission statements into every aspect of a course. By doing this, participants have a clear understanding of the goals and the value they will receive. For instance, the mission of her Experience Product Masterclass is to design, launch, and profit from experience products. This clear mission aligns every module and training session with the ultimate goal, ensuring that participants stay focused and motivated. Goal Setting and Milestones Setting specific, measurable goals is crucial in Marisa's programs. She structures her courses with clear milestones and offers rewards for achievements. Participants can earn a graduation bonus upon completing core modules and receive incentives through "launch wings," "money wings," and "proof wings." Marisa uses private Google Docs and milestone templates to help participants track their progress. Time-bound missions with countdown timers add a sense of urgency and help maintain engagement. Gamification and Engagement Turning learning into a game makes courses more exciting and ensures higher completion rates. Marisa uses gamification strategies like rewards and points to motivate participants. For example, her “Show Me the Money” training involves setting financial goals, and participants post these goals to a community page for visual reinforcement and community support. The constant wins from completing small tasks keep participants motivated and prevent them from feeling overwhelmed. Importance of Human Connection Marisa points out that consumers now expect more than just content; they seek human connections. Moving from broadcast-style deliveries to interactive, community-driven experiences enriches the learning journey. Course creators should focus on providing access to coaching, creators, and community support to meet these evolving expectations. Personal Touch in Automation While automation is useful for handling administrative tasks, Marisa believes that human interaction remains irreplaceable. She advocates for a balance between automation and personal touch to maintain customer loyalty and high course completion rates. Joe Fier emphasizes making experiences more engaging by adding personalized communication and direct interaction, effectively encouraging people to act. Storytelling in Learning and Marketing Stories play an essential role in both learning and marketing. Marisa discusses how incorporating stories into course content can aid in understanding and retention. She uses metaphors like "climbing Mount Everest" to break down complex learning stages, ensuring that participants grasp the material. Joe highlights storytelling as a powerful tool for branding, helping to create the right attitudes and beliefs necessary for personal change. MVP and Structured Course Creation Creating a Minimum Viable Product (MVP) helps avoid wasting resources. Marisa explains that testing the core solution with simple models ensures the concept works before advancing to more complex versions. Using metaphors like building a paper plane before creating a jet, Marisa illustrates the importance of gradual progress in course development. Key Takeaways and Conclusion Marisa Murgatroyd's insights on course creation are invaluable for anyone looking to build engaging and profitable online courses. By integrating mission statements, setting clear goals, using gamification, and maintaining human connection, course creators can significantly improve participant engagement and success rates. The blend of personal touch with automation, combined with effective storytelling and structured course creation, offers a comprehensive approach to delivering high-quality educational experiences. For more information and resources mentioned by Marisa, visit: liveyourmessage.com/hustle. Marisa Murgatroyd's innovative approach to online learning is truly inspiring. Her strategies can transform a simple course into an engaging experience that drives real results. Aspiring course creators will find her methods incredibly helpful in achieving their goals and ensuring their participants' success. Two Other Episodes You Should Check Out Marisa Murgatroyd – A Blueprint To Create Courses That Get People Results Master Your Content Marketing with Kartra and Keara Palmay Resources From Episode What if you could have a FREE personal mentor on-demand?! With Joe's Hustle & Flowchart AI clone, you can tap into the knowledge from over 600 episodes any time! Whether you need advice on scaling, marketing, or productivity, my AI clone is here to help. Accelerate growth with HubSpot's Sales Hub Check out other podcasts on the HubSpot Podcast Network Grab a 30-Day Trial of Kartra We want to hear from you. Send us the One Thing you want to hear on the show. Connect with Joe on LinkedIn and Instagram Subscribe to the YouTube Channel Contact Joe: joe@hustleandflowchart.com Thanks for tuning into this episode of the Hustle & Flowchart Podcast! If the information in these conversations and interviews have helped you in your business journey, please head over to iTunes (or wherever you listen), subscribe to the show, and leave me an honest review. Your reviews and feedback will not only help me continue to deliver great, helpful content, but it will also help me reach even more amazing entrepreneurs just like you!

Electricpreneur Secrets - The Electrician Podcast
Ep 7 - How to Sell 1M Plus Without a CRM

Electricpreneur Secrets - The Electrician Podcast

Play Episode Listen Later Sep 18, 2024 32:43 Transcription Available


What if you could achieve million-dollar sales without a fancy CRM system? On today's episode of the Million Dollar Electrician podcast, we reveal our unconventional strategies for focusing on client relationships and service over complex management tools. By prioritizing a Minimum Viable Product (MVP) approach, we showcase how simplicity can lead to massive success. Through personal stories, including overcoming facial blindness by taking detailed notes post-client interactions, we explore effective alternatives like QuickBooks and SkyDrive for managing client information and maintaining robust customer relationships.Additionally, we delve into how significant life events, such as the birth of a child, can revolutionize one's business approach. Balancing process with emotional connection, we discuss tactics for managing customer relationships and scheduling sans a CRM, using personal interactions and tools like Google Calendar. We also tackle the challenge of slow business seasons and show how strategic planning can maintain a steady workflow. From insuring customer needs to converting maintenance calls into broader service offers, this episode is packed with actionable insights and real-life stories to keep your business thriving all year round.—---------------Join our community and get access to strategies that'll help bring your electrical business to the top

DonTheDeveloper Podcast
Why Your Personal Projects Aren't Getting You Hired

DonTheDeveloper Podcast

Play Episode Listen Later Sep 11, 2024 17:15 Transcription Available


Are your personal projects failing to get you hired? In this video, I break down the common mistakes aspiring developers make with their projects and why they aren't standing out to employers. Many think that just building a variety of projects is enough, but the scattershot approach often misses the mark. I'll guide you through a more strategic way to approach personal projects that will resonate with hiring managers.We'll dive into the importance of targeting your projects towards the industry you care about, building meaningful and professional-looking projects, and understanding the Minimum Viable Product (MVP) concept to know when a project is truly "done." I'll also discuss how unfinished projects on your GitHub can send the wrong signals about your commitment and consistency.Throughout the video, I encourage you to think beyond just coding for the sake of it. You need to create something that solves real problems, adds value, and even gains users. I'll share tips on showcasing your projects effectively to signal your potential as a valuable developer who can contribute real results.If you're tired of your personal projects feeling like wasted efforts, watch this video to learn how to build projects that actually catch the eye of employers. Don't just build—build with purpose, build with strategy, and start turning your ideas into assets that move your career forward.---------------------------------------------------

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co
IAM2198 - The Value of Analytics in Measuring Marketing Effectiveness

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co

Play Episode Listen Later Aug 19, 2024 15:43


Gresham Harkless discusses the importance of building a Minimum Viable Product (MVP) and using data to improve it in digital marketing.   Gresham emphasizes the value of analytics in measuring marketing effectiveness and testing different variables for optimization.   He shares effective strategies for digital marketing, the importance of using data to guide decisions and overcoming analysis paralysis.   The conversation highlights the need for experimentation, feedback, and willingness to adapt in business.   Business Pillar: Visibility    Episode Link: Humbrecht Law, P.L.L.C.   Check out our CEO Hack Buzz Newsletter–our premium newsletter with hacks and nuggets to level up your organization. Sign up HERE.  I AM CEO Handbook Volume 3 is HERE and it's FREE. Get your copy here: http://cbnation.co/iamceo3. Get the 100+ things that you can learn from 1600 business podcasts we recorded. Hear Gresh's story, learn the 16 business pillars from the podcast, find out about CBNation Architects and why you might be one and so much more. Did we mention it was FREE? Download it today!

SaaS Growth Stacking - with Dan Martell
How to Start a SaaS Business From Scratch in 2024

SaaS Growth Stacking - with Dan Martell

Play Episode Listen Later Jul 22, 2024 30:17


>> Get My Book (Buy Back Your Time): https://bit.ly/3pCTG78  >> Subscribe to My Newsletter: https://bit.ly/3W2tjp2 Here's why I fell in love with the SaaS business model… You build the software once. And get paid every month. Recurring revenue. If I lost all my money, followers, and network today, I'd still know exactly how to build a SaaS company from scratch. Building a SaaS business might seem daunting, especially if you're just starting out. A lot of people think they need to raise capital, hire a very expensive development team, and spend years in the red before their product takes off. But the key? Start with the problem, validate your solution, and then build and refine your product. You don't need a huge team or a ton of money… Just a solid plan and the right approach. My 7-step guide is your map, and it includes: How to pinpoint the exact problem your SaaS should solve The secret to building a prototype without wasting time or money 4 steps for creating a Minimum Viable Product (MVP) quickly IG: @danmartell X: @danmartell

Grow A Small Business Podcast
Scaling Success with Andrew Miller of Growth Experts: From Solo Startup to a $500K Annual Revenue Powerhouse with 7 Team Members—Unveiling Strategies Behind Transforming Early Stage Companies and Achieving Work-Life Balance. (Episode 542 - Andrew Miller

Grow A Small Business Podcast

Play Episode Listen Later Jul 21, 2024 36:50


In this episode of Grow a Small Business, host Troy Trewin interviews Andrew Miller of Growth Experts shares insights on scaling from a solo startup to a thriving agency with $500K in annual revenue and a 7-member team. He discusses the crucial role of strategic marketing, achieving work-life balance, and managing early-stage company growth. Tune in to learn about building a successful marketing foundation and navigating the challenges of growing a business. Other Resources: Marketing funding flywheel ebook Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, being a learner again when moving into a new industry, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions:   What do you think is the hardest thing in growing a small business? According to Andrew Miller, the hardest thing in growing a small business is staying afloat and not giving up. He emphasises the importance of persistence, launching with a Minimum Viable Product (MVP), and having patience to avoid rushing through key steps in the business development process. What's your favourite business book that has helped you the most? Andrew Miller's favorite business book that has helped him the most is “Emotional Intelligence” by Daniel Goleman. He finds it valuable for understanding and improving empathy, which is crucial for effective leadership and personal development. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Andrew Miller recommends using courses on Udemy, watching free content on YouTube, and listening to audiobooks and podcasts. While he doesn't specify particular podcasts, he suggests focusing on a few high-quality ones and leveraging online resources for ongoing learning. What tool or resource would you recommend to grow a small business? Andrew Miller recommends using the SEO tool SEOptimer for a free audit of your website's SEO. Additionally, he suggests checking out his book, which provides over 20 tools for SEO and more than 100 tools for free marketing resources. What advice would you give yourself on day one of starting out in business? Andrew Miller advises himself on day one of starting out in business to hire sooner. He emphasizes that while saving money is important, hiring an employee can help bring in more clients and achieve a better work-life balance. He reflects that optimizing for work and money for too long took a toll on his health and relationships. Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey.   Quotable quotes from our special Grow A Small Business podcast guest: Embrace empathy and patience—it pays dividends in business and life – Andrew Miller Balance is key: good sleep, nature, and exercise fuel productivity  – Andrew Miller Start lean, listen to customers, and persist—patience is the ultimate virtue – Andrew Miller  

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co
IAM2141 - Understanding the 8 Business Pillars: 7. FINANCIAL

CEO Podcasts: CEO Chat Podcast + I AM CEO Podcast Powered by Blue 16 Media & CBNation.co

Play Episode Listen Later Jun 23, 2024 11:30


Gresham discusses the significance of understanding that financial numbers are crucial in making informed decisions about hiring and investments. He emphasizes the need for thorough financial planning, budgeting, and the ability to interpret financial statements.   The financial aspect of business goes beyond internal numbers. It includes taking loans, getting investments, and raising capital. Gresham mentions that being a good steward of finances, whether using personal funds or other people's money, is crucial for business growth and scaling.    Gresham also emphasizes the importance of having a Minimum Viable Product (MVP) to prove the case for your product or service and attract investment.   Furthermore, he suggests understanding financial reporting and analysis, forecasting, and budgeting as ways to minimize risk. He highlights the value of continuous learning and being aware of the economic outlook of the industry or location.   http://cbnation.co/pillar http://community.cbnation.co https://www.perplexity.ai/search/How-many-businesses-cHljwtb0RUWmdhAN.712yg   Check out our CEO Hack Buzz Newsletter–our premium newsletter with hacks and nuggets to level up your organization. Sign up HERE.  I AM CEO Handbook Volume 3 is HERE and it's FREE. Get your copy here: http://cbnation.co/iamceo3. Get the 100+ things that you can learn from 1600 business podcasts we recorded. Hear Gresh's story, learn the 16 business pillars from the podcast, find out about CBNation Architects and why you might be one and so much more. Did we mention it was FREE? Download it today!

Irish Tech News Audio Articles
Mongolia Embraces Blockchain for Trade Modernisation

Irish Tech News Audio Articles

Play Episode Listen Later May 22, 2024 3:34


In a landmark move towards modernising its trade framework, the Mongolia National Chamber of Commerce and Industry (MNCCI) has embarked on an innovative initiative to utilise Blockchain and Distributed Ledger Technology (DLT) for issuing Certificates of Origin (COOs). This effort is poised to streamline operations under various trade agreements, including the Generalized System of Preferences for 37 countries, the Asia-Pacific Trade Agreement (APTA) for six countries, and the Mongolia-Japan Economic Partnership Agreement (EPA). Mongolia and Blockchain The traditional process of verifying the authenticity of COOs has long been plagued with inefficiencies. Businesses frequently encounter inconsistencies, necessitating direct verification with the MNCCI - a process that incurs additional costs and delays, undermining the advantages of preferential trade arrangements and heightening the risk of fraud. In a decisive response to these challenges, the MNCCI, with support from the Asian Development Bank's (ADB) Digital Learning Labs and in collaboration with ADB's East Asia Department (EARD), embarked on an exploratory venture into blockchain technology. The stringent criteria for the project demanded an innovative solution that ensured security, efficiency, and scalability. Morpheus.Network, a firm renowned for its expertise in blockchain services, was selected as the partner for this initiative. Between April and November 2023, Morpheus.Network developed a Minimum Viable Product (MVP) that digitises, tracks, and manages the digital footprints of COOs on the blockchain. This pioneering approach promises to eliminate the inefficiencies of paper-based systems, providing an immutable record of authenticity and enhancing security and trust among all stakeholders. The blockchain solution, aptly branded as "Trust Powered by Blockchain," integrates seamlessly with MNCCI's existing systems, ensuring a smooth transition with minimal operational disruption. Despite the complexities inherent in integrating such advanced technology into established infrastructures, Morpheus.Network delivered the project within the stipulated timeframe and budget. Their adept problem-solving skills, responsiveness to MNCCI and ADB requirements, and ability to navigate challenges were particularly noteworthy. Looking to the future, MNCCI is keen on expanding this solution through partnerships with international donor organisations, underscoring its commitment to leveraging cutting-edge technology for enhanced transparency and efficiency in international trade. See more breaking stories here. More about Irish Tech News Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too. You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news If you'd like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss. Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience. You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.

Thriving The Future Podcast
Ep. 130 - Tips on How to Grow Your Side Hustle

Thriving The Future Podcast

Play Episode Listen Later May 5, 2024 10:14


Real world examples to start and then grow your side hustle.I am taking a Permaculture Business Design Course through Regeneration Nation CR. The exercises and worksheets are fantastic and have helped me to focus more on the customer.What is the problem you are trying to solve? What does your customer actually want? Are you trying to solve what you think the problem is?Example: If you are evaluating someone's land and doing a permaculture design, have you asked: "what do you like to eat?"So many people plant things that they actually don't eat, or will not likely eat.Define who your customer really is and let your customer define themselves by what they really want.Niche down and then niche down some more so you are known as an expert in that space.Quickly go to market with a Minimum Viable Product (MVP) to test the response and whether it is worth throwing money (and more importantly TIME) at.Charge less for it in a beta test. Get real world feedback.Let your customer ultimately decide if they are your customer. Don't chase after someone who doesn't want to be your customer.Learn skills while doing. Charge less while learning those skills, build clientele and experience, then raise your price.Become a producer and not just a consumer.Like the permaculture principle – Use your yield. It can be used to give, trade, or sell to grow your forms of capital.Don't grift for the sake of the grift or people will easily see through you.Use research tools like Google Trends and Answer the Public.I do a deep dive on How to use Answer the Public in the latest Thriving News article on How to Overcome Writer's Block.Episode website: Ep. 130 - Tips on How to Grow Your Side HustleSponsors:Check out the Solar Food Dehydrator. Watch the movie, get the plans, all for reasonable cost.Grow Nut Trees: Elderberry, pecan, hazelnut seedlings, and red mulberry seedlings. At GrowNutTrees.com.

Design Systems WTF
How do we get past the MVP state?

Design Systems WTF

Play Episode Listen Later Apr 17, 2024 27:21


We examine that critical phase in the life of a design system: moving beyond the Minimum Viable Product (MVP). Launching an MVP is just the beginning, but what comes next? Michelle and Luke discuss strategies for advocating for more resources, ensuring your work is recognized and adequately resourced, and not just seen as a “free” addition from your team. Drawing from our own experiences and those of other teams, we share practical advice on selling your design system's ongoing value to stakeholders. 

MLOps.community
From MVP to Production // Day 2 Panel 2 // AI in Production Conference

MLOps.community

Play Episode Listen Later Apr 9, 2024 36:29


Join us at our first in-person conference on June 25 all about AI Quality: https://www.aiqualityconference.com/ // Abstract Dive into the challenges of scaling AI models from Minimum Viable Product (MVP) to full production. The panel emphasizes the importance of continually updating knowledge and data, citing examples like teaching AI systems nuanced concepts and handling brand name translations. User feedback's role in model training, alongside evaluation steps like human annotation and heuristic-based assessment, was highlighted. The speakers stressed the necessity of tooling for user evaluation, version control, and regular performance updates. Insights on in-house and external tools for annotation and evaluation were shared, providing a comprehensive view of the complexities involved in scaling AI models. // Bio Alex Volkov - Moderator Alex Volkov is an AI Evangelist at Weights & Biases, celebrated for his expertise in clarifying the complexities of AI and advocating for its beneficial uses. He is the founder and host of ThursdAI, a weekly newsletter, and podcast that explores the latest in AI, its practical applications, open-source, and innovation. With a solid foundation as an AI startup founder and 20 years in full-stack software engineering, Alex offers a deep well of experience and insight into AI innovation. Eric Peter Product management leader and 2x founder with experience in enterprise products, data, and machine learning. Currently building tools for generative AI @Databricks. Donné Stevenson Focused on building AI-powered products that give companies the tools and expertise needed to harness to power of AI in their respective fields. Phillip Carter Phillip is on the product team at Honeycomb where he works on a bunch of different developer tooling things. He's an OpenTelemetry maintainer -- chances are if you've read the docs to learn how to use OTel, you've read his words. He's also Honeycomb's (accidental) prompt engineering expert by virtue of building and shipping products that use LLMs. In a past life, he worked on developer tools at Microsoft, helping bring the first cross-platform version of .NET into the world and grow to 5 million active developers. When not doing computer stuff, you'll find Phillip in the mountains riding a snowboard or backpacking in the Cascades. Andrew Hoh Andrew Hoh is the President and Co-Founder of LastMile AI. Previously, he was a Group PM Manager at Meta AI, driving product for their AI Platform. Previously, he was the Product Manager for the Machine Learning Infrastructure team at Airbnb and a founding team member of Azure Cosmos DB, Microsoft Azure's distributed NoSQL database. He graduated with a BA in Computer Science from Dartmouth College. A big thank you to our Premium Sponsors,  @Databricks  and  @baseten  for their generous support! // Sign up for our Newsletter to never miss an event: https://mlops.community/join/ // Watch all the conference videos here: https://home.mlops.community/home/collections // Check out the MLOps Community podcast: https://open.spotify.com/show/7wZygk3mUUqBaRbBGB1lgh?si=242d3b9675654a69 // Read our blog: mlops.community/blog // Join an in-person local meetup near you: https://mlops.community/meetups/ // MLOps Swag/Merch: https://mlops-community.myshopify.com/ // Follow us on Twitter: https://twitter.com/mlopscommunity //Follow us on Linkedin: https://www.linkedin.com/company/mlopscommunity/

(don't) Waste Water!
"Gradiant is the Google of the Water Industry" - Prakash Govindan

(don't) Waste Water!

Play Episode Listen Later Mar 25, 2024 0:58


What will you learn about Gradiant, the first-ever Water Tech Unicorn, if you listen to this week's release of the Podcast? Well, I have seven insights for you, starting with number one:Innovative Business Model and Focus on Proprietary Solutions: A significant portion of Gradiant's projects (60%) are sole-sourced, meaning they face no competition for these projects because they develop the solution from scratch for their client. This approach underscores the importance of offering bespoke, innovative solutions to clients' unique problems, a strategy that can be crucial for startups, sure, but also for anyone aiming to differentiate themselves in the competitive and sometimes commoditized water market!Emphasis Rapid Technology Development: Gradiant's success is partly attributed to their philosophy of pushing technology to market quickly, embracing the concept of Minimum Viable Product (MVP). They focus on developing technologies that are good enough to solve the problem at hand and getting them into the field for testing, rather than waiting for a perfect solution. This approach accelerates adoption and allows for real-world feedback to refine that said technology.Attracting and Retaining Talent through Generous Incentives: If Prakash is so certain that Gradiant's special sauce lies in its people, it's no wonder that Gradiant has set a high industry standard by allocating 7% of the company for employee participation, excluding the founders. This generous approach to employee equity is indicative of the value they place on their team's contribution to the company's success and can serve as a model for how startups might consider structuring their own incentive programs.Building a Strong Company Culture and Team: I just touched on how Gradiant attributes a large part of their success to the quality of their team and the company culture they have cultivated. Well, this emphasis on assembling a talented and culturally cohesive team highlights the importance of not just technical skills, but also the alignment of values and vision within the company.Leveraging Acquisitions for Strategic Growth: Gradiant's strategic acquisitions, particularly in markets where organic growth would be too slow or challenging, demonstrate the value of targeted M&A activities to rapidly expand capabilities and market presence. There's again a talent aspect to this, as their approach to keeping and incentivizing the talent within acquired companies further emphasizes the importance of people in Gradiant's growth strategy. Adapting Business Models to Market Needs: Gradiant's ability to adapt their business model, such as the Build-Own-Operate (BOO) approach that got them started in Oil & Gas and still gets applied today on certain projects, showcases their flexibility in meeting client needs and market demands. This adaptability is a critical strategy for navigating the complex and varied global water market. Note as well that they don't claim they've been super clever in using this approach; they actually "stole" it from their customers! Listen and adapt; there's win-win potential in that.Emphasis on R&D and Innovation Centers: The establishment of innovation centers in strategic locations underscores Gradiant's commitment to continuous innovation and development of bespoke solutions. This approach not only fuels their pipeline of proprietary technologies but also positions them as a globally local leader in water tech and in the water industry. I could have taken more, but I think seven is a good chunk to go out and apply, so here you have it. If you think I've missed one that's even more important than those seven, come tell me on LinkedIn or by mail (my mail is in the description). Full Episode: https://dww.show/how-gradiant-became-the-first-and-only-water-tech-unicorn/

Thriving The Future Podcast
Ep. 123 - Permaculture Goal #1: Start Simple - with Cormac Harkin

Thriving The Future Podcast

Play Episode Listen Later Mar 17, 2024 24:39


You don't hear this permaculture message very often: Start Simple. Usually people are watching videos of Geoff Lawton and planning swales and dams and grafting, and...Cormac Harkin of Vine Permaculture starts his consults with basic questions:What do you like to eat?What kind of time do you have during the week to devote to a garden. (if you spend 8 hours a week on a garden, where does that time come from?)When you walk out to your garden, what does it look like?He starts people out simply, with a Minimum Viable Product (MVP), and then add on from there. A salad garden by the back door with cut and come again lettuce. A kitchen garden. A layout that makes sense: You walk out to the chicken coop to get eggs - what gardens or beds can you harvest from on the way?Cormac does a Free Food Forest Abundance planning session as well. Contact him at cormac@vinepermaculture.com.Subscribe to the Vine Permaculture Newsletter.Check out the Vine Permaculture Podcast at https://vinepermaculture.com/podcast/Episode website: https://ThrivingtheFuture.com/start-simple.Sponsors:Grow Nut Trees: Elderberry cuttings are still available but Hurry before they come out of dormancy. Now have pecan seedlings and red mulberry seedlings. At GrowNutTrees.com.Times are tough. How many feet of potatoes and how many potato plants would you need to live off your garden? Thriving Garden Planner spreadsheet can help you. It also has a tab to track how much money you saved by growing your own food. Last year I grew 14 pounds of tomatoes, which would have cost me $50 in the store. It's on sale for $10 at ThrivingGardenPlanner.com.

The Leadership Growth Podcast
Making the Leap to Management

The Leadership Growth Podcast

Play Episode Listen Later Jan 30, 2024 34:05 Transcription Available


Making the leap from individual contributor to manager can be one of the most significant–and challenging–steps in a career.It's so challenging, in fact, that it will take Daniel and Peter two episodes to talk about it.In part one, Daniel and Peter share some recent insights and reminisce about their grad school experiences before talking about the skillsets new managers need.Tune in to learn:The biggest myth about leadershipThe one piece of advice every new manager needsThe two pieces of advice for leaders who are leading new managersBe sure to tune in for Episode 4, where Daniel and Peter share the rest of the skillsets every new manager needs.1:30 – Insight of the Week8:17 – Memory Lane: Practical Lessons From Grad School14:45 – Topic: First Time Managers (Part 1)31:01 – Lightning RoundResources:Stewart Leadership Insights:7 Mindset Shifts That Will Make You a Great ManagerDevelop Your Managers by Focusing on These 8 Skillsets7 Ways to Become a People-First Manager6 Ways to Become Aware of Your Leadership Blind Spots The Value of an Iterative ProcessAsk a Coach: How can I avoid being a micromanager?Manager Development Programs“The ROI of Executive Coaching: A Comprehensive Guide,” Forbes.com2023 ICF Global Coaching StudyWhat is a Minimum Viable Product (MVP)? Agile AllianceIf you liked this episode, please share it with a friend or colleague, or, better yet, leave a review to help other listeners find our show, and remember to subscribe so you never miss an episode. For more great content or to learn about how Stewart Leadership can help you grow your ability to lead effectively, please visit stewartleadership.com and follow us on LinkedIn, Instagram, and YouTube.

CLIMB by VSC
The Silent Killer of Startups Decoded by Nate Williams | EP 059

CLIMB by VSC

Play Episode Listen Later Jan 17, 2024 68:28


We sit down with Nate Williams, the founding partner of Union Labs Ventures. This episode dives into the complexities of startup success and the role of sales in ensuring a startup's longevity and growth. Nate Williams begins by discussing common pitfalls in startups, particularly the tendency to over-feature products, which can hinder finding a true Minimum Viable Product (MVP). He emphasizes the importance of focusing on one customer segment and use case, and securing payment for it as a foundation for success. We then explore the problem Union Labs aimed to solve in the venture capital industry. Nate, drawing on his experience as an Entrepreneur in Residence (EIR) at Kleiner Perkins and a veteran in running successful startups, shares insights into the evolution of venture capital, particularly in deep tech. Union Labs was conceived to assist entrepreneurs from day zero, focusing on two key aspects: de-risking the product-market fit and addressing the crux of product development in deep tech. Closing the episode, Nate offers insights into the broader implications of deep tech investment for venture capital funds and Limited Partners (LPs). He stresses the importance of understanding the unique nature of deep tech, which often involves a higher level of technical risk and requires specialized knowledge and approach from investors. This episode is brought to you by VSC Ventures, a leader in supporting and promoting climate and technology startups. About VSC Ventures: For 20 years, our award-winning ⁠⁠PR agency VSC⁠⁠ has worked with innovative startups on positioning, messaging, and awareness and we are bringing that same expertise to help climate startups with storytelling and narrative building. Last year, general partners Vijay Chattha and Jay Kapoor raised a $21M fund to co-invest in the most promising startups alongside leading climate funds. Through the conversations on our show CLIMB by VSC, we're excited to share what we're doing at VSC and VSC Ventures on climate innovation with companies like ⁠⁠Ample⁠⁠, ⁠⁠Actual⁠⁠, ⁠⁠Sesame Solar⁠⁠, ⁠⁠Synop⁠⁠, ⁠⁠Vibrant Planet⁠⁠, and ⁠⁠Zume⁠⁠ among many others.

On Your Prep Podcast
[Best of 2023] Ep 161: How to Stop Feeling Overwhelmed with this Simple Trick- Applying Manufacturing Methods to the Classroom

On Your Prep Podcast

Play Episode Listen Later Dec 28, 2023 10:35


Hey there, secondary teachers with a million preps! I've got a simple trick that will help you tackle the chaos and find your sanity again. Join me in this episode of The Secondary Teacher Podcast as I reveal how to apply manufacturing methods to your classroom and stop feeling overwhelmed. We'll explore the concept of Minimum Viable Product (MVP) and how it can revolutionize your approach to assessment. Plus, I'll share tips on using the lean 4S system to streamline your classroom management. So, hit play, and let's simplify and take control of your teaching life together! Download my FREE course planning cheat sheet: https://khristenmassic.com/semesterShop my Teachers Pay Teachers store: https://www.teacherspayteachers.com/Store/Khristen-Massic-Cte-Teacher-CoachConnect with me on Instagram: https://www.instagram.com/khristenmassic/

Society of Actuaries Podcasts Feed
Marketing and Distribution Section: Minimum Viable Product (MVP) in Insurance Product Development Part 2

Society of Actuaries Podcasts Feed

Play Episode Listen Later Dec 22, 2023 36:06


Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions.

Society of Actuaries Podcasts Feed
Emerging Topics Community: Minimum Viable Product (MVP) in Insurance Product Development Part 2

Society of Actuaries Podcasts Feed

Play Episode Listen Later Dec 22, 2023 36:06


Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions.

Product Thinking
Episode 150: The Evolution of Growth Hacking and Product Management in SaaS with Hiten Shah, Co-founder and CEO at Nira

Product Thinking

Play Episode Listen Later Dec 20, 2023 49:44


In this episode of Product Thinking, Hiten Shah, Co-founder and CEO at Nira, joins Melissa Perri in the evolution of growth hacking and product management in the SaaS world. Hiten unveils the true purpose of growth hacking, modern marketing misconceptions around growth hacking and product-led growth, as well as the challenge of reconciling differing interpretations of the term Minimum Viable Product (MVP) in agile and business startup contexts.

Frugalpreneur
From $500 to $50,000: How Amazing Creations Helped a Health Diet Company Skyrocket (with Kavin Patel)

Frugalpreneur

Play Episode Listen Later Dec 20, 2023 4:01


ℹ️ IntroductionOn this episode of Frugalpreneur, we explore the inspiring journey of Kavin, who started a digital agency called Amazing Creations in 2010. Kavin shares their experience of helping a health diet products company skyrocket its monthly revenue from $500 to $50,000 within just six months. Realizing the lack of available tools to manage targeted landing pages, they took matters into their own hands and developed their own tool.With a series of pivots, Kavin discovered a niche market where other SaaS companies were seeking to license page editors and pop-up editors rather than building them internally. However, funding the development of their Minimum Viable Product (MVP) was no easy task, and Kavin juggled multiple jobs to make ends meet during the early stages.Our guest emphasizes the challenges of getting in front of customers and persuading them to pay for the product. Through perseverance and the right product, Kavin shares their insights on B2B sales and identifying key decision-makers. They stress the significance of securing the first one to two customers, which not only brings excitement but also provides valuable knowledge about buying patterns and target audience.As success started to flourish, Kavin's company was able to hire full-time engineers, leading to a significant shift in the company's structure and dynamics. Initially, the founder funded the product development by maxing out their credit card and using cash from PayPal. They also discuss the importance of finding supplemental income or leveraging finances with manageable interest rates when bootstrapping a company.Ultimately, our guest emphasizes the need for long-term focus and dedication, dispelling the notion that success happens overnight. This episode offers a wealth of advice and insights for aspiring frugalpreneurs who are ready to embark on their own entrepreneurial journeys. Tune in to Frugalpreneur for this enlightening and motivational episode with Kavin!❇️ Key topics and bulletsPrimary topic: Entrepreneurial journey- Founding Amazing Creations- Helping a company increase sales- Creating a tool to manage landing pages- Finding a niche in SaaS companies- Working multiple jobs to fund the minimum viable product (MVP)- Landing enterprise customer as a success milestone- Hiring engineers and the company shiftPrimary topic: Bootstrapping and financing- Maxing out credit card and leveraging PayPal cash- Generating supplemental income to fund bootstrapped company- Leveraging finances with reasonable interest rates- The importance of dedication and focus in building a startup- The misconception of "build it and they will come"- Need for dedication and finding the right customersPrimary topic: Customer acquisition and product development- The challenge of getting customers to pay for the product- Learning about key decision makers and buying patterns- Understanding the journey of acquiring the first one to two customers- Excitement and learning as the business unfolds from initial customer acquisitions❓ Questions1. How did Kavin's experience with his first digital agency lead to the creation of a new tool for SaaS companies?2. What were some of the challenges Kavin faced in the early stages of his entrepreneurship journey, and how did he overcome them?3. How did landing an enterprise customer change the direction of Kavin's company?4. What are some of the financial strategies Kavin used to fund his bootstrapped company? How important is it for entrepreneurs to find supplemental income to support their ventures?5. In what ways did Kavin expand his knowledge of customer acquisition and understanding buyer behavior in the B2B market?6. What role did dedication play

Society of Actuaries Podcasts Feed
Emerging Topics Community: Minimum Viable Product (MVP) in Insurance Product Development

Society of Actuaries Podcasts Feed

Play Episode Listen Later Dec 1, 2023 35:50


Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions.

Society of Actuaries Podcasts Feed
Marketing and Distribution Section: Minimum Viable Product (MVP) in Insurance Product Development

Society of Actuaries Podcasts Feed

Play Episode Listen Later Dec 1, 2023 35:50


Discover the role that a Minimum Viable Product (MVP) has in insurance product development in our two-part podcast series. Experts Joe Alaimo and Chris Siudzinski explore how MVP and agile software development can innovate insurance solutions.

Educators Rising with Jai Long
Crafting the Perfect Price: Strategies for Educational Course Success

Educators Rising with Jai Long

Play Episode Listen Later Nov 19, 2023 24:25


Join us on the Educators Rising podcast with Jai Long for a compelling episode dedicated to a crucial aspect of course creation: pricing. This episode, "Crafting the Perfect Price: Strategies for Educational Course Success," offers an in-depth exploration of the art and science behind setting the right price for your educational course. We kick off by introducing the concept of the Minimum Viable Product (MVP) and Willingness to Pay (WTP), guiding educators towards understanding the basics of consumer psychology and product value. Jai then navigates us through the concept of Equilibrium, which represents the ideal price point balancing value and demand. The journey continues with a practical approach: working backwards from your financial goals. Jai presents scenarios, such as aiming for a $100,000 revenue, and breaks down different pricing and sales strategies to achieve this target. This segment is particularly engaging as it challenges educators to consider their comfort levels and confidence in setting high price points. Jai also delves into often-overlooked factors that influence course pricing. Contrary to common belief, the length or content volume of a course doesn't necessarily dictate its value. Instead, Jai emphasizes considerations like time constraints, the tangible value of outcomes, market demand, accessibility to instructors or support teams, supply dynamics, guarantees provided, affordability, and the specificity of the course content. This episode is a must-listen for educators at any stage of their course development journey, providing valuable insights and practical tips to help you confidently price your course for success. Tune in to discover how to strike the perfect balance between profitability and accessibility in your educational offerings.   Sign up to the FREE masterclass: Jailong.co  ---- If you would like to leave a review on the Apple podcast app for your chance to win a mentoring session with Jai Long: https://podcasts.apple.com/au/podcast/educators-rising-with-jai-long/id1664297641?i=1000593894919 Sponsor: https://jailong.co/kajabi Instagram: https://www.instagram.com/jailong.co/ Website: https://jailong.co/ Educators Rising Facebook Group: https://www.facebook.com/groups/educatorsrisingSee omnystudio.com/listener for privacy information.

The Behavioral Economics in Marketing's Podcast
Minimum Viable Product (MVP) | Definition Minute | Behavioral Economics in Marketing Podcast

The Behavioral Economics in Marketing's Podcast

Play Episode Listen Later Nov 13, 2023 3:31


A Minimum Viable Product (MVP) is the simplest and most basic version of a product or service that a company can create and release to the market to test its concept, gather feedback, and learn from user interactions. The primary goal of developing an MVP is to validate whether there is a demand for the product or service and to understand how users engage with it, without investing excessive time and resources in its full development.

Content Amplified
Navigating the Rapids of Content Marketing: Agency Perfection vs. Startup Speed

Content Amplified

Play Episode Listen Later Oct 30, 2023 15:00


Welcome back to another episode of Content Amplified! In this episode, we interview Angela Donlan, currently thriving as a Content Manager at the cybersecurity startup, Strong DM. Angela Donlan's journey from a collegiate coxswain on the rowing team to a Content Manager at a cybersecurity startup is both unique and inspiring. In this episode, we delve into the world of content creation, comparing the nuances of working within an agency versus an in-house environment. Angela shares her personal transition from agency life to the startup world, highlighting the differences in work pace, the nature of creativity, and project goals. She sheds light on the versatility and adaptability required in the fast-paced marketing sector, whether in an agency or a startup setting. What you'll learn in this episode: Transitioning from Agency to In-House Content Creation: Insights into how Angela's agency experience contributed to her adaptability and efficiency in content creation, especially in a startup setting. Adapting to Startup Culture: Understanding the dynamics of startup life, including wearing multiple hats and rapidly adapting to new challenges in content creation. Pros and Cons of Agency vs. In-House: Exploration of the distinct advantages and limitations of creating content in-house as opposed to through an agency, particularly regarding control over content, speed of execution, and alignment with company goals. Content Goal Orientation: Angela discusses how the objectives of content creation can differ markedly between agencies and in-house roles, with a focus on direct impact, like generating pipeline and building revenue in a startup environment. Efficiency Over Perfection: Learning how the concept of the Minimum Viable Product (MVP) plays a crucial role in startup content strategy, prioritizing speed and effectiveness over perfection.

The Design Business Show
The Design Business Show 244: Strategies for Creating Engaging, Interactive Courses with Nancy Giere

The Design Business Show

Play Episode Listen Later Sep 22, 2023 43:49


Nancy Giere is a course creation expert. She works with businesses of all sizes from solopreneurs to Fortune 100 companies turn their expertise into high profit courses. She creates engaging, fun, and interactive programs that get results.   Nancy Giere shares how she on accidentally fell into course creation while working for a bank and was asked to put together training for employees Melissa shares how her background in launch strategy, funnel design, and instructional learning and teaching at her community college helped me understand the importance of what goes into a course Nancy shares how it's important to look at your entire business and look at how a digital course can fit into your business model and the best way to market it  One mistake that people make it they throw spaghetti at the wall, and Nancy uses a phased approach that takes people through a phased approach Another mistake is that course creators aren't considering the desired outcome and lacking a logical flow Why the introduction and title should be the last thing you write  Why it's important to make sure that your course is a great experience for your audience  One simple shift that creators can make is pausing to create a break within your course content to give people a minute to process the info Breaking content into shorter, consumable chunks increases engagement AI tools like Udley can provide basic feedback, but deeper level feedback requires personal interaction Why online courses are effective for teaching certain skills, but some skills require feedback and practice Online content allows for scalability and time efficiency in serving more people Shorter content is trending on platforms like TikTok and YouTube and breaking course content into shorter, consumable chunks increases engagement The concept of Minimum Viable Product (MVP) determines if a product is good enough to go to market Nancy also suggests incorporating activities or personal reflections to keep viewers engaged Planning and timing of audience engagement are essential in online presentations Tools like Zoom and Prezi Video enhance the presentation experience without high costs and help you stay on brand  Nancy shares how she works with clients in both a done with you and done for you capacity Nancy is turning their book "Bundle Your Brilliance" into an online course using Zoom, and shares how she plans to participants can complete modules, assignments, and receive coaching to give them a really great experience  Why Nancy is researching corporate training methods to incorporate into the course for entrepreneurs Nancy shares the strategies she uses for getting clients, including JV partnerships, running her own launches and asking for referrals Nancy shares the inspiration for writing her book, Bundle Your Brilliance and how it drives home a tip that she shared at the beginning of the episode of writing your intro after you create the course   Links mentioned: Connect with Nancy on LinkedIn Nancy's book Nancy's Create a Training That Sells    Like what you heard?  Click here to subscribe + leave a review on iTunes. Click here to download my Sales Page Trello Board Let's connect on Instagram!

Light at the End of the Funnel Podcast
ChangeMakers: Pivoting and Adapting in Business

Light at the End of the Funnel Podcast

Play Episode Listen Later Aug 10, 2023 29:47


Mastering the Business Pivot: Essential Steps to Success Pivoting in the ever-evolving world of business is both an art and a science. In our latest podcast episode, we unpack the complexities of this strategic shift and provide actionable insights for businesses at crossroads. 1. Evaluate and Understand: Before embarking on a significant change, it's essential to lay the groundwork. We discuss the importance of: Data Analysis: Dive into numbers to pinpoint where you're excelling and where you might be lagging. Why are sales dwindling, or why is engagement slipping? Feedback Collection: Gain perspectives from the people who matter most—your stakeholders. Their insights can be the compass guiding your pivot. 2. Develop a Strategy and Vision: Moving without direction can be counterproductive. In this segment, we delve into: Setting Clear Objectives: Be it venturing into a new market, rebranding, or overhauling your business model, knowing your end goal is paramount. Resource Assessment: Understand what you need to fuel your pivot. This means both tangible assets and intangibles, like team alignment and communication. 3. Implementation – More Than Just Action: Here, we explore the iterative nature of pivots: Starting Small: Launch with a Minimum Viable Product (MVP) or pilot program. This strategy reduces risk while allowing for real-world feedback. Monitor & Adjust: Pivoting requires a finger on the pulse. We emphasize the importance of continuous monitoring and being agile enough to modify the course as needed. In essence, a successful pivot is not just about change – it's about making informed, strategic shifts. Dive into our episode to discover the nuances and intricacies of effectively pivoting in business.   ISVwBFiG5qYUvcZzb9S3

The Daily Standup
Agile Story Writing Workshops - The Boundaries - Mike Cohn

The Daily Standup

Play Episode Listen Later May 11, 2023 7:11


Agile Story Writing Workshops - The Boundaries - Mike Cohn Hi Lee,This tip continues our series where we go back to the basics of user story writing. This week I want to talk about story writing workshops and boundaries.Think outside the box. Do you hate that phrase as much as I do?It's become another overdone business cliche. But it also bothers me because creativity often comes from thinking inside the box.I've seen this proven time and time again as the difference between a successful story-writing workshop and one that fails to engage participants or to lead to useful insights.For a successful story-writing workshop, the product owner provides a significant objective as the box or boundary within which meeting participants work. The product owner starts the workshop by saying something like, “We're here today to think about this subset (or chunk) of our product.”When a product owner encourages a story-writing workshop to roam freely over the entire product, the participants will likely write a lot of stories but those stories will lack a cohesive purpose. When the product owner instead focuses the meeting on a single, significant objective, participants tend to find more creative and more valuable solutions to the chosen area of the product.Early in the life of a product, a good significant objective could be on identifying what will be needed to deliver a Minimum Viable Product (MVP).Later story-writing workshops might then focus on identifying a Minimum Marketable Feature or MMF. This is a chunk of functionality that is big enough to be valuable when released but is a subset of what users need.An additional benefit of focusing a story-writing workshop on a significant objective like an MVP or MMF is that these workshops can be done less frequently.I like doing a story-writing workshop about every two to three months. Because my workshops are focused on a significant objective, each workshop identifies enough high value stories that the team does not need to spend much time writing new stories each iteration.Setting a significant objective is an easy way to succeed with agile, How to connect with AgileDad: - [website] https://www.agiledad.com/ - [instagram] https://www.instagram.com/agile_coach/ - [facebook] https://www.facebook.com/RealAgileDad/ - [Linkedin] https://www.linkedin.com/in/leehenson/

Wild Business Growth Podcast
#224: Drew Wolgemuth – Ring Ranger, Founder of Wove

Wild Business Growth Podcast

Play Episode Listen Later Feb 8, 2023 47:36


Drew Wolgemuth, the Founder and CEO of Wove, joins the show to share his journey from suffering a training accident as an Army Ranger to creating the world's best engagement ring shopping experience. Hear how to create a Minimum Viable Product (MVP), offer the best customer experience possible, apply military techniques to your business, improve your memory, and the perks of having no front teeth for over a year. Connect with Drew at WoveMade.com and on social media