Remove 2015 Remove Customer Remove Pricing Remove Satisfaction
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Smart Startups Don’t Try To Satisfy Every Customer

Startup Professionals Musings

In business, this means an entrepreneur who never says no to any customer is doomed to a hard life and some expensive mistakes. Many people will argue that total customer satisfaction is paramount, but I’m a pragmatist who believes that treating everyone the same really means treating all of them poorly.

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6 Keys To Proving A Viable Startup Business Model

Startup Professionals Musings

Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Customer support is more than handling exceptions. Marty Zwilling First published on Entrepreneur.com on 4/10/2015. Start selling it before you build it.

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How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Traction in the marketplace.

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5 Unpleasant Startup Surprises and How To Recover

Startup Professionals Musings

Don’t allow your startup to “fail by success,” meaning too many orders delivered and inventory required for big customers, before their long payment cycle kicks in. Don’t wait for your worst case scenario where no customers show up, and expect that slashing the price will solve the problem. Word-of-mouth marketing doesn’t work.

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6 Keys To Make Sure Your Product Fits Today's World

Startup Professionals Musings

Yet, due largely to non-technology business considerations, including pricing, safety concerns and support infrastructure, there are none that most people can name. By prioritizing customer need and value first, you will more likely achieve the satisfaction of seeing your paradigm shift become reality.

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Don't Fall for These 6 Deadly Myths of Startups

Startup Professionals Musings

In fact, both customers and investors often avoid the perceived high risk of innovative technology pitches. Customers don’t like new learning curves or dealing with unstable solutions. Early adopters love new technologies, but mass market customers want solutions, not technology. "If