Monday Morning Motivator
The 3 Biggest Mistakes Tech Startups Make - from a former VC (Part 2 of 3)
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:09:15
- More information
Informações:
Synopsis
Melinda Elmborg of StartupAction.co is back on the show today! Melinda is a former VC who was frustrated and tired of saying “no” to startups she knew she could help. So she started a virtual accelerator, Startup Action, to help startups get the launch they need, even without outside funding. Today she shares Mistake #2: Going to Market without Product - Market Fit Sometimes when startups have too much money, they will launch sales and marketing and, without product-market fit, will keep putting money in the wrong place. Like a bucket with holes, you won’t be able to get conversions with more ads or more sales meetings. Melinda explains how to make sure you have product-market fit and shares a great story about how a company learned this the hard way! You can grab some of Melinda’s free resources and find out more about her accelerator here: Resources.startupaction.co Stay tuned for Mistake #3 next week! And if you missed mistake #1, you can grab it here. Have a great week!Jessica Magoch CEO, JPM