You can never achieve the right 'Product-Market-Fit". 😬
Here's why:
For entrepreneurs, it can often become an obsession with building the perfect product.
But hold on a minute...
"The truth is, people don't just buy products, they buy stories."
Ahahaha a lot. Look at Uber, they used the metrics of when people opened their app (at what time) they showed you travelling options most suitable. (Acc to the day)
OLA vs. UBER
Just look at Revenue to Employees numbers.
11 replies17 likes
Arcane
Quest for Insight an... • 6m
🚨 Critical Startup Metrics VCs look for
➨ When securing venture capital, 4 key metrics are essential at EVERY stage of a startup's growth:
• Revenue
• Net Burn Rate
• Full-time Employee Headcount
• Gross Margin
➨ Cash is king in early stages but
look at this post
our young generation who can change the world they possess this power
They are scrolling 24 hours phone like. youtube unstagram
0 replies2 likes
Prashanth Ranapangu
Hey I am on Medial • 2m
i have an idea which is related to @uber ,@rapido ,and @ola where they can implement an option/facility like car pulling to people who are travelling to non local areas like Vijayawada , vizag etc... where they can collab with the non local taxi driv
Online services start out serving users. When they have enough users, they switch to serving advertisers/shareholders, at the expense of users. For instance, Google Search initially showed you what you searched for, but now largely shows you what it
See More
0 replies2 likes
LIKHITH
On ne sait Jamais ! • 9m
Welcome to OUT OF THE BOX MARKETING!
EP=14 (Heetch)
Heetch, like Ola, is a raid booking platform in France with only one competitor, UBER. However, because they were new and had little money to spend on marketing, they devised a great strategy.
But
People who want to launch physical tech product must look at what Teenage Engineering is doing.
When it comes to design they have nailed each and every product they have launched.
3 replies6 likes
Nilotpal Chauhan
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Pixelmira • 2m
There are two kinds of people; one who are trying to build the future, and those who look at them and say why they will fail.
2 replies3 likes
Ayush Maurya
AI Pioneer • 27d
At front, sowm of the things that look like they are eco friendly, but in reality there is a lot of carbon emissions in the making of these things!!
Ever thought of that ?
0 replies5 likes
Ravi Ranjan
Noob Entrepreneur 🤓 • 6m
If you look at many Startups account statement, they show themselves in loss. Many of them working from 8 to 10 years. Can someone clear my doubt that "are they really in loss??'"...and if they are then why investors still drained their valuable mone