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S
From 0-1,000
Gotta catch ‘em all
The progression
S  Problem
S  Idea
S  Product
S  Market – Initial Customers
S  Scale
S  Exit
Strategy
S  Who is your customer?
S  Consumer
S  Employer
S  B2B
S  Title – CEO/CFO/Director/Product Manager?
S  Where can you find them?
S  Why would they switch from what they do today?
S  What does your product do for them? Why does that matter? Why does that matter?
S  Pricing – How much will they pay? How much do you need to be a viable business? Target $1M ARR
Focus on their Pain
S  Not you and your product
S  “My name is Lowell and I work for FlexMinder and we
have software that automates the claim submission process
for your participants”
S  “We reduce debit card substantiations by 75% for TPA’s”
Don’t use weak language
S  “I am sorry to bother you” “If you have time”
Obsession with listening
S  You only have a business if someone sees the value and is willing to pay for it
S  Brutally honest feedback
S  Survey existing/potential customers
S  Speak with them (Skype/phone/f2f)
S  What pain does it solve
Vitamin or Pain pill?
S  Pain relief is much more urgent (for the buyer)
Messaging
S  Capture interest
S  Every word matters
S  Earning the right to get more of their time
S  A/B test to get it right
S  Use free panels (like Toluna.com)
Expansion
S  ID the profile of your customer
S  Find more just like them
S  Referral program
S  Channels
S  Partnerships
Fishing (lead gen)
Marketing/Advertising
S  Paid
S  Facebook (Desktop/Mobile)
S  Search (Adwords)
S  SEO
S  Conference
S  Cold calling
S  Drip campaign
Hunting
Conferences/Cold Calling
S  What conferences do your target customers attend?
S  Speaking slots (not the paid ones)
S  Display
S  Guerilla marketing
S  Coffee
S  Breakfast/lunch/dinner
Automated follow up
S  Drip campaign (email – weekly/monthly)
S  Outbound calling reminders
Basics
S  CRM

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"From 0 to 1000 customers" by Lowell Ricklefs, CEO at FlexMinder

  • 2. The progression S  Problem S  Idea S  Product S  Market – Initial Customers S  Scale S  Exit
  • 3. Strategy S  Who is your customer? S  Consumer S  Employer S  B2B S  Title – CEO/CFO/Director/Product Manager? S  Where can you find them? S  Why would they switch from what they do today? S  What does your product do for them? Why does that matter? Why does that matter? S  Pricing – How much will they pay? How much do you need to be a viable business? Target $1M ARR
  • 4. Focus on their Pain S  Not you and your product S  “My name is Lowell and I work for FlexMinder and we have software that automates the claim submission process for your participants” S  “We reduce debit card substantiations by 75% for TPA’s”
  • 5. Don’t use weak language S  “I am sorry to bother you” “If you have time”
  • 6. Obsession with listening S  You only have a business if someone sees the value and is willing to pay for it S  Brutally honest feedback S  Survey existing/potential customers S  Speak with them (Skype/phone/f2f) S  What pain does it solve
  • 7. Vitamin or Pain pill? S  Pain relief is much more urgent (for the buyer)
  • 8. Messaging S  Capture interest S  Every word matters S  Earning the right to get more of their time S  A/B test to get it right S  Use free panels (like Toluna.com)
  • 9. Expansion S  ID the profile of your customer S  Find more just like them S  Referral program S  Channels S  Partnerships
  • 10. Fishing (lead gen) Marketing/Advertising S  Paid S  Facebook (Desktop/Mobile) S  Search (Adwords) S  SEO S  Conference S  Cold calling S  Drip campaign
  • 11. Hunting Conferences/Cold Calling S  What conferences do your target customers attend? S  Speaking slots (not the paid ones) S  Display S  Guerilla marketing S  Coffee S  Breakfast/lunch/dinner
  • 12. Automated follow up S  Drip campaign (email – weekly/monthly) S  Outbound calling reminders