Prime Venture Partners Podcast #64 Shreyas Doshi on Minimum Lovable Product, Why Strategy is a Misunderstood Word & Benefits of Being Clueless
Jun 24, 2021
AI Snips
Chapters
Transcript
Episode notes
Effective Customer Conversations
- Ask open-ended questions to understand customer problems.
- Focus on listening and probe further on unexpected responses.
Understanding Customer Incentives
- Understand customer incentives to drive adoption.
- Products preventing job loss get adopted faster than those promising promotion.
Building an MLP
- Build a minimum lovable product (MLP), not just a minimum viable product.
- Simulate customer conversations to define a compelling one-sentence value proposition.