How to accelerate growth by focusing on the features you already have
Lenny Rachitskylennysnewsletter.com
How to accelerate growth by focusing on the features you already have
Key Takeaways ■ Establishing repeatability in your business model is a prerequisite to pursuing growth. ■ Growth is not a continuous function but a series of steps best described as firing rockets that get you from one stable orbit to the next. ■ A staged rollout strategy works to automatically prioritize the right risks in your business model. ■ Y
... See moreEvery product development, marketing, or other initiative that a startup undertakes should be targeted at improving one of the drivers of its growth model.
Early stage startups struggle to compete on the must-haves and performance improvements, as they generally require a lot of engineering resources. Delighters, on the other hand, are something smaller companies do well. As such, it’s often better to focus on new or emerging markets with slightly lower needs and then excel at the details.