3 articles with this tag
Startup Genome surveyed 3,200+ startups and found 74% fail from premature scaling - growing without the right business model or systems. The key is hiring generalists first who can set frameworks before specialists arrive, automating processes with tools like Zapier and Tallyfy, and ensuring your business operates like a vending machine even when you're not present.
Product planning spans from idea conception to market launch. Learn the critical stages including product conception, market research, introduction, and lifecycle management, plus proven strategies like The Four Gates framework and agile product planning to maximize your chances of success.
Seventy percent of new products fail in the first year because entrepreneurs fall in love with their products and ignore objective feedback. Critical failure patterns include skipping market research, failing to educate customers about revolutionary products, rushing to launch without building relationships first, and crafting marketing messages customers cannot understand.