Startups For the Rest of Us Episode 736 | Founder Regrets, DIY vs. Hiring, Defining your ICP, and More Later Stage Listener Questions
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Oct 22, 2024 Dive into the world of scaling startups as common delegation pitfalls are explored. Learn the delicate balance between DIY and hiring professionals for optimal growth. Discover strategies to tackle high churn rates in subscription models while keeping one-time users engaged. Uncover methods for identifying the most profitable customer segments and the benefits of targeting schools and small businesses as ideal customer profiles. The insights shared are invaluable for any later-stage entrepreneur.
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Early Delegation
- Delegate tasks like bookkeeping, accounting, and legal work early on.
- Outsource audio/video editing and, if applicable, email/live chat support.
Avoid Social Media
- Resist social media marketing in the early stages of SaaS growth.
- Focus on core marketing efforts like SEO, content, and direct customer interaction.
Focus on Strategy
- Consider delegating coding tasks, even if you enjoy them, to focus on higher-level strategic activities.
- Prioritize customer interaction, product design, and marketing/sales efforts as a founder.
