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Medial • 5m
Y Combinator CEO Garry Tan’s advice for startups: “When you’re small, act small” As a founder, avoid mimicking big companies. Your biggest advantage as a startup is your authenticity and personal touch. Instead of hiding behind corporate jargon, be real. Reach out to your customers directly: "Hey, I’m the CEO. How can I help?" That genuine connection is your superpower. Being small means you can provide exceptional customer support. It’s not just about solving problems—it’s about listening. Customers will tell you exactly what they need, helping you refine your product and find product/market fit. Garry Tan shares how his startup, Posterous, replied to every customer email within 10 minutes and fixed bugs immediately. This kind of care builds trust and retention. A simple act, like responding to a post, can increase retention by 10%—the difference between success and failure. Think of your startup like an amazing party. Welcome people. Listen to them. Build relationships. Be small. Be human. If you found this helpful then follow me for more startup insights from the best founders.
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The Clueless Company • 1y
"Customer Retention" isn't just a strategy. It's an attitude. If you don't value your customers because they matter... If you don't respond to their queries because you care... If you don't genuinely want to see them satisfied... Your business mode
See MoreI Help Start-up Foun... • 5m
What would be your approximate Customer Lifetime Value (CLV)? You run a mobile app that offers premium subscriptions for ₹500 per month. Last year, you acquired 1,200 new customers, and your marketing spend for customer acquisition was ₹1.2 lakh.
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The Clueless Company • 1y
Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them. Surprising, right? 🚀 → Your most valuable sales reps are your current satisfied customers. → Retention boosts profitability by 25-95%
See MoreCHAIRMAN - BITEX IND... • 1y
Strategy For Startup Growth— ( 7 ) “ Turn Your Product Into a Challenge " So guy's we all know that sometimes our product and everything in our startup is superior but still people are not recognising our product even they are not giving proper at
See MoreI'm just a normal gu... • 2m
After raising $2.3 Mn since its inception in 2020, women-only community startup leap.club is halting its operations due to high customer acquisition costs and retention challenges. The startup announced the decision operations on Instagram and Link
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