What is the most common reason startups fail within the first few years?
A) Lack of funding
B) Poor market fit
C) Ineffective marketing
D) Team conflicts
Purple Cow Marketing:
Creating a unique, memorable, and daring product (or brand) that stands out in a crowded marketplace — ensuring it captures attention and drives organic word-of-mouth promotion.
Platforms that can harness the power of network effects are the ones that don't need marketing; their consumer market spreads through word of mouth. For example (Medial, WhatsApp, Airbnb, and Uber).
🚀 How long did it take these giants to hit $1 trillion in value?
Facebook: 17 years
Tesla: 18 years
Google: 21 years
Amazon: 24 years
Apple: 42 years
Microsoft: 44 years
Why does medial have so much of organic and word of mouth marketing from its users unlike other apps, what's the reason behind it? Niket being connected with his community, them deleting every single useless post, what is it?
Speaking to the media for the first time in four years, Byju Raveendran cleared the air around his rumoured move to Dubai, which occurred as trouble began brewing at Byju’s.
Read his full statement here: