If you are new to startups, you will surely come across the term “product-market fit” at some point. It’s a very useful concept for describing a key phase of a startup’s journey, but it can often be difficult for entrepreneurs to understand this state and to recognize when their startup has entered it. In the following article, I will attempt to define and describe what is product-market fit in the simplest terms I can and help the reader identify what factors drive it.Read More
Running a startup is a race against time, so it’s important to keep focused on those things that will help your startup succeed. At the same time, distractions abound. So what should you focus on and what should you eschew?
In this episode of Startup Basics, Kimmy and Sergio discuss what are the things to prioritize and what to avoid.
We are in a golden age of podcasting at the moment as evidenced by Spotify’s recent acquisition of podcast producers Parcast and Gimlet Media and plans to spend another $500M on podcast-related acquisitions. While this is not a call to start a podcasting company, the recent growth in popularity of this medium has brought it into the mainstream and continues to offer a phenomenal way to promote your startup. As discussed in previous articles in this series, the key is to create informative and entertaining content that will engage your listeners allowing your startup to build trust and prominence in the community. In this article, I will outline a playbook for getting your podcast going.
In the previous two articles in this series, we covered creating a marketing strategy for your startup as well as writing different types of content and finding effective distribution channels for
“Social media marketing” is not a sufficient marketing strategy for your startup. Yet this is the default answer that far too many founders of early-stage startups provide when asked about their distribution plan. I myself have stated a similar plan to mentors and investors in the past. It’s easy to fall into this path since there is certainly a plethora of articles, book, and gurus focusing on social media marketing, but finding efficient ways to promote your startup requires far more planning and creativity. In this article, we will cover some key questions to answer at the start, and we will flip the standard marketing approach on its head to break you out of the predictable (and less effective) path.Read More