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The Strategy Mistake Too Many Startups Make

HBR On Strategy

Acquiring first customers: Avoiding common mistakes and finding pockets of demand

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This chapter explores the common mistakes made by startups when trying to acquire their first customers and emphasizes the importance of understanding unique challenges and opportunities. It discusses how startups like Uber and Airbnb identified pockets of demand that traditional players were not serving and filled the gap in the market, highlighting the significance of early customers in word-of-mouth marketing, feedback, and support for growth.

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