Define Your Startup’s Minimum Viable Product (MVP)
Traction will come only if you’re competent to validate three elements of your idea: the problem, the solution, and the business model. This means your assumptions about each one of these elements must be true. But, how can you know whether your idea is valid or not? By testing them in the market—i.e., with real […]
Bambu: How a Robo-Advisory Platform For Financial Institutions Generated B2B Traction – with Ned Phillips [Ep#7]
Undoubtedly, personal financial planning is at the core of all significant financial achievements we have in our lives. Considering that our biggest financial goals are achieved only through the right balance between long-term and short-term spending decisions, it is important to have a good discipline to achieve them. Bambu developed a digital solution that provides […]
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Boostlingo: Traction Of A Platform That Connects Interpreters To The World – with Dieter Runge [Ep#6]
A patient who needs to communicate with her doctor in another language. An accused person that needs to speak in foreign country court. A deal going on between two negotiators of different native languages. What all these cases have in common? The need for an interpreter. Today, we’ll know the story of Boostlingo, an unified […]
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Think Exponentially When Building Your Startup Idea
Salim Ismail, Michael Malone, and Yuri Geest identified 10 attributes of what they call “Exponential Organizations” (check their book here): It means that by effectively using some of these new organizational techniques you may achieve an impact at least 10x higher than you would if you didn’t consider them. That’s exactly why I recommend you stop […]
What Is Your Business Model Hypothesis?
It’s time to translate your business idea into a business model hypothesis, which will help you better: To make the most of this learning, I’m providing you with a FREE Excel template, so you may fill it in with your business model components: HOW TO STRUCTURE A BUSINESS MODEL HYPOTHESIS? There is a widely-used framework […]
Business Model Generation by Alexander Osterwalder and Yves Pigneur
In Business Model Generation, you’ll learn about the methodology called The Business Model Canvas (BMC)—a very objective framework that will help you design, analyze, and iterate your business model. BMC is divided into 9 different components: These components form the basis of any business model in the world and your work as a startup entrepreneur […]
Exponential Organizations by Salim Ismail, Michael Malone and Yuri Van Geest
Are you designing your startup to be an exponential organization? If still don’t know what it is, I recommend you the book Exponential Organizations. Let’s hear the authors: “An Exponential Organization is one whose impact (or output) is disproportionally large—at least 10x larger—compared to its peers because of the use of new organizational techniques that […]
Startup Idea Assessment: Problem, Solution And Business Model
Once you are completely sure about founding a startup (and not a small company) it’s time to assess the current strength of your startup idea. Of course, this very first assessment is not a prediction of your startup’s success. Instead, the intention is to help you on thinking about the components of a great startup idea […]
Hacking Growth by Sean Ellis and Morgan Brown
Do you know those books that make you change your mind and have a much clearer understanding of something in life? This is the case of “Hacking Growth”, by Sean Ellis (founder of growthhackers.com) and Morgan Brown. Before reading it, I was unaware of the positive impacts a more technical analysis could have on startups’ […]
Are You Founding a Startup Or A Small Company?
Your first step in building a successful startup is… to be sure you should really found a startup (instead of a small company). Seriously, think about that. In the last years, the word “startup” became so popular that it’s commonly used as a synonym for “a small company” or “a company recently founded”. And, believe […]