The Bootstrapped Founder 249: Avoiding the Entrepreneurial Planning Trap
4 snips
Sep 8, 2023 Common mistakes made by early-stage founders in planning their strategy are discussed, including scoping, revenue sources, and lack of validation. The importance of building a lean MVP and prioritizing revenue generation is emphasized. Different monetization strategies, understanding target audience, adaptability, and finding a path to sell the business are discussed.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Building a Lean Minimum Viable Product and Prioritizing Revenue Generation
02:14 • 3min
Exploring Monetization Strategies and Avoiding the 'If you build a good product, people will buy it' Trap
05:08 • 4min
Understanding Your Target Audience and the Importance of Adaptability
09:03 • 2min
Finding Your Path and Selling Your Business
10:56 • 3min