Eight Things We Wish We Knew When We Started Out

Episode 234 | Eight Things We Wish We Knew When We Started Out
Date: 2015-04-28
Link: Startups for the Rest of Us
 
Startups for the Rest of UsSending products out manually is a logistical nightmare.
Play long ball. Think in years rather than months.
You can’t skip steps in the learning process.
Relationships are important.
Having people to connect with make the journey more enjoyable.
Establishing trust is a critical step on your marketing path.
Certain products have one natural marketing channel and most of the time you shouldn’t spend time looking for others beyond it.
If lifetime value is less than $120 it is going to be hard to invest money in acquiring customers.
You almost never want to sell a new product to a new audience.
Community is everything. It is hard to get by completely on your own.
The more you learn the harder it is to make decisions sometimes.
You are never too old to be an entrepreneur.
You are never too old to start something new.
Knowing what you want or need is never as important as knowing why you want or need it.
It is the journey that is important.
Quitting while you’re ahead is not the same thing as quitting.