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Dacey Rankins

added blog Business
2025-03-25 15:42:39 -

How Can I Validate My Product Idea with Customers?
Validating your product idea with customers is a crucial step in ensuring that your business venture will succeed. Before committing significant resources to develop a product, it's essential to gather feedback from potential users to confirm whether your idea truly solves a problem they care about. Engaging directly with your target audience can save you from making costly mistakes and can...

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Dacey Rankins

added blog Business
2025-03-24 15:27:36 -

How Can I Validate My Startup Idea Before Launching?
One of the most critical steps in launching a successful startup is ensuring that your idea has a genuine market demand. Validation helps reduce the risk of investing time, money, and effort into a product or service that doesn’t meet the needs of your target audience. But how exactly can you validate your startup idea before going all in? By engaging with potential customers, gathering...

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Dacey Rankins

added blog Business
2025-04-11 16:58:52 -

How do I find my first customers?
Every startup starts with zero customers. The first few are the hardest to get—but they’re also the most important. They validate your idea, give you valuable feedback, and can become your earliest advocates. So, how do you go from zero to one (and beyond)? Here’s a practical guide to finding your first customers. 1. Start With Your Network Before casting a wide net, tap...

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Dacey Rankins

added blog Business
2025-05-06 12:56:58 -

How Do I Know If It’s the Right Time to Seek External Funding?
Securing external funding is a major milestone in a startup's journey—but timing is everything. Raising too early can dilute ownership and attract the wrong investors, while waiting too long might limit growth opportunities or cause you to miss your window in the market. So how do you know when the timing is right? Here’s how to evaluate whether your startup is ready to pursue...

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Dacey Rankins

added blog Business
2025-08-22 19:23:32 -

How Do I Use User Behavior Analysis in Marketing, Product Development, or UX Design?
User behavior analysis (UBA) is the practice of studying how people interact with a product, service, or platform, then turning those insights into meaningful strategies. It has become one of the most powerful tools for modern businesses because it allows decisions to be based not on assumptions but on real evidence. Whether it’s in marketing, product development, or UX design, user...

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Dacey Rankins

added blog Business
2025-03-07 13:52:36 -

How Does the Build-Measure-Learn Feedback Loop Work?
The Build-Measure-Learn feedback loop is a core principle of the Lean Startup methodology, helping startups develop products efficiently while minimizing risks. It is a continuous cycle where startups build a product (or feature), measure its performance in the market, and learn from the results to inform the next iteration. This iterative process ensures that companies create products that...

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Dacey Rankins

added blog Business
2025-03-25 15:39:31 -

How Should I Structure a Customer Meeting During Customer Development?
Customer Development meetings are a vital part of the process of building a product or service that truly resonates with your target market. The purpose of these meetings is to gather valuable insights directly from potential customers, validate your assumptions, and better understand their pain points and needs. The structure of the meeting is crucial to ensure you gather the most useful and...

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Dacey Rankins

added blog Business
2025-03-21 14:09:25 -

How Startups Can Validate Their Business Ideas
For startups, one of the most crucial steps before launching a product or service is validating the business idea. This process ensures that the business concept has market demand and can sustain itself in the competitive landscape. Without proper validation, startups risk investing significant time and resources into an idea that might not resonate with their target audience. Here’s how...

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Dacey Rankins

added blog Business
2025-03-10 17:25:48 -

Is Lean Startup Applicable Only to Tech Companies?
The Lean Startup methodology, popularized by Eric Ries, is often associated with technology startups, especially those in Silicon Valley. However, Lean Startup principles extend far beyond the tech industry. The core idea—building products based on validated learning, rapid experimentation, and customer feedback—can be applied to businesses of all types. Whether in healthcare,...

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Dacey Rankins

added blog Business
2025-04-30 12:54:47 -

What Are Common Execution Pitfalls in Startups?
Launching a startup is an exciting journey, but it’s also filled with hidden challenges that can derail even the most promising ideas. While having a great concept is important, execution is what truly determines a startup’s success. Unfortunately, many early-stage companies fall into predictable traps that hinder growth and lead to failure. Here are some of the most common...

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