Remove Minimum Viable Product Remove Networking Remove Pitch Remove Service
article thumbnail

Founders: Before You Hire a Sales Team, Consider These Options

Sales Hacker

In addition, approximately 35% of startups fail because there is no market need for their products or services. I’ll talk you through figuring out if you’re ready to hire salespeople, and make my pitch for why a founder-led sales strategy makes sense for early B2B startups. And 20% of startups get plain out-competed.

article thumbnail

5 Steps to Validate New Hi-Tech Product Planning

Smarter With Gartner

The first and simplest step in hi-tech product planning is to share the concept inside and outside your organization. To start, you should pitch the idea to five or more people within your professional network. Step 5: Release a minimum viable product. Listen for critical feedback.

Product 82
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

Not because they have a conversion problem but because they never really nail the product or how to market it. A corporation like Starbucks could pick locations by throwing a dart at a map and know they’ll at least break even with a new location and mediocre customer service. Phase 2 – The Pitch. Most startups fail.

article thumbnail

How to Scale Organic Traffic (Without Writing a Million Blog Posts)

ConversionXL

Topics are an important feature for social networks, just as genres are for music or categories for ecommerce sites. It’s a great example of how product features can drive organic traffic. You can also mine or monitor mentions on social networks and look for complaints or requests for features. Know the process. Start small.

article thumbnail

Selling into Startups 101: What You Need to Know to Find a Unicorn

Sales Hacker

Seed: This is the initial stage of funding, and is generally used to employ the founding team and begin market research and product development. The company is past the MVP (minimum viable product) and is showing initial signs of success. With that being said, stop using your standard pitch decks.

Sell 77
article thumbnail

The Ultimate Guide to Entrepreneurship

Hubspot

Some states require it for certain service-oriented businesses as well. Luckily, there are all sorts of things you can do invite luck: Lucky people network. Lucky people pitch often. The process of honing your pitch will reveal areas for improvement in your business model that you might not have been otherwise discovered.

article thumbnail

How to Become an Entrepreneur With No Money or Experience

Hubspot

Here are some creative techniques for thinking of a product or service. Since you have experience in sales development and account management at early-stage sales companies, you might decide to offer this service to tech startups. Before you go all in, you need to know other people will actually want your product. (No,