Strong community is an important component of a successful startup. That’s why Product Hunt is so popular. It managed to build a community of people devoted to finding new useful products. We have already written about business modelling tools that are more focused on finding a unique value proposition and defining your revenue streams and today we are going to talk about Happy Startup Canvas that will help you to find users, fascinate them and build a community around your product.
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Anyone willing to develop a startup company should familiarize themselves with the lean startup concept developed by Eric Ries. You can check our articles on MVP and pivot and here we are reminding about key lean startup elements and show how to use business model canvas and lean canvas for startup planning purposes.
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Famous services not only solve user problems but also do great at becoming an integral part of their lives — a habit. Modern people are used to asking Google for advice, checking complex notions in Wikipedia and making daily pictures for Instagram. How can a new startup utilize habit-forming principles to join the league of successful internet companies? Nir Eyal has developed a Hook model aimed at improving product habit-building capabilities.
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We continue our startup series and from this article you will learn about pivot and its types as well as how to recognize when it’s time to move on and make radical changes to your initial startup idea.
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9 in 10 startups never make it. In 42% of all cases the reason of failure is that users don’t need them since they aren’t offering any problem solving solutions. “Users simply don’t get it” is a childish excuse. You’ve got to take a serious yet flexible approach and build a problem solving startup, a single place to go for your target audience.
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If you came up with an idea of an excellent service or an app solving user problems, don’t hurry to spend money on developing a fully-fledged product and don’t prepare yourself for months and months of hard work behind the closed doors. According to lean startup methodology by Eric Ries new product development starts with finding an answer to the question “Do users actually need this product?” And MVP concept will help you do it.
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