UFOstart Digest / 36

Your weekly web3 marketing insights

Lisa Schmidt, Selma M & Sascha Hoffmann
July 17, 2024

UFOstart Newsletter

Happy Wednesday 😊

Everyone knows startups need grit, innovation and customer focus. But today, we're diving into unique, actionable insights from The Lean Startup by Eric Ries. These strategies will give you a competitive edge and set your startup on the path to sustainable success.

So, what's on the agenda?

6 Lean Startup Insights 💡
Top Posts/Bite-Sized Insights of the week

6 Lean Startup Insights 💡

6 Lean Startup Insights 💡

Ready to take your startup to the next level? Dive into these powerful insights from The Lean Startup by Eric Ries that can transform your approach and set you on the path to success. These are not your typical tips—these are strategies that will give you a competitive edge.

1. Leap-of-Faith Assumptions

Get ahead by focusing on two crucial assumptions:

Value Hypothesis: Can your product deliver real value to customers?
Growth Hypothesis: Will your product attract a larger market beyond early adopters?

2. Cohort Analysis

Stop relying solely on overall growth metrics. Delve into cohort analysis to uncover trends and issues within specific groups of customers over time. This detailed insight is a game-changer.

3. Pivot or Persevere Meetings

Make data-driven decisions with regular pivot or persevere meetings. These sessions force your team to confront the facts and choose the right path forward.

4. The Concierge MVP

Skip the full product launch. Instead, manually provide your service to a select group of customers to gain deep insights and validate your concept. This high-touch approach can reveal critical information often missed with automated MVPs.

5. Innovation Sandbox

Encourage radical innovation by creating an innovation sandbox—a safe space to test new ideas without impacting your core business. This fosters creativity and reduces the fear of failure.

6. Five Whys Technique

Tackle problems at their root by asking "why" five times. This technique digs deep to identify underlying issues rather than just addressing superficial symptoms.

Lean and low on marketing budget? Find your best-fit-channel FOR FREE. Yes, we’re helping you make data-driven decisions with a comprehensive analysis. Discover more 👇

TOP POSTS

Check out the most insightful and game-changing posts just for you:

Сontent doesn't matter
Unfortunately, few people are interested in reading long posts today. And that's why your content doesn't matter.
You get likes from people who know you, and they know you because you're a good reply guy
Most of your engagement comes from friends, and… x.com/i/web/status/1…
— Sanix𝕏x.eth (🪹,🦉) (@0xSanixxx)
12:26 PM • Jul 8, 2024

we need less tokens that people can just buy and we need more tokens that people have to work for/earn
in some sense, mining was a form of earning, but we need to evolve further and bring that into a more accessible vehicle for the masses; but also one that’s less passive.
— binji 🔴 (@binji_x)
11:53 PM • Jul 8, 2024

KOL Marketing 101:
- What works in 2024
- What doesn't
- And how to burn hundreds of thousands of dollars
Join us tomorrow at 9am EST with two of the most trusted experts on the matter @ruthybuilds@0xAbhiP.
Turn on reminders by clicking no the space link below.
— Leon Abboud (@leonabboud_)
11:34 PM • Jul 8, 2024

What startup tips would you share? 💭

👉 Do you have any lean startup tips you could share with us? Reply to this email - we’re eager to hear them!