AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Testing Hypotheses in Startups
In startups, it is crucial to test hypotheses rapidly and consistently. Conviction in a hypothesis varies based on the stage of the business; for startups, even a single confirmation can be significant as they have limited industry knowledge. Startups should aim to test multiple hypotheses daily before achieving product-market fit. Each statement or trend should be transformed into a hypothesis and validated swiftly to understand its potential impact on the product development process.