Tag Archives: Customer Development

The Death Spiral Of The Prediction Market Startups – [VIDEO]

James Surowiecki, Robin Hanson and Justin Wolfers were the 3 boosters of the prediction markets. It turned out they were dead wrong — prediction markets are not that useful in business. 7:45 into Steve Blank nailed it.

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Steve Blank: There is a fine line between hallucination and vision. – [VIDEO]

“A startup is a temporary organization that is designed to search for a repeatable and scalable business model.”

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Customer Development starts by testing your hypotheses outside the building.

“Not in planning meetings, not in writing multiple pages of nicely formatted Marketing Requirements Documents, but by getting laughed at, ignored, thrown out and educated by potential customers as you listen to their needs and test the fundamental hypotheses of … Continue reading

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Steve Blank’s marketing – Customer Development

“Customer Development certainly lacks the drama of the overnight pizza to Porsche success story, and doing it properly takes time. However, in return you maximize your chance of finding customers who will give you their money before you run out … Continue reading

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