Anup Chouhan's Key Ideas from Disciplined Entrepreneurship
by Bill Aulet
Ideas, facts & insights covering these topics:
13 ideas
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Identify Your Target Customer
- Focus on a specific group of customers, not everyone.
- Understand what your customers need and want.
- Don’t try to please everyone—choose a narrow market to focus on.
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157 reads
Understand the Customer’s Problem
- Talk to your customers and learn about their problems.
- Dig deeper into the real cause of their issue.
- Make sure your product solves the main problem they have.
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123 reads
Create a Strong Value Proposition
- Explain why your product is useful and what it can do for customers.
- Show how your product is better than what’s already available.
- Focus on the benefits your product brings, like saving money or time.
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106 reads
Build Your Minimum Viable Product (MVP)
- Start with the simplest version of your product that works.
- Launch quickly and get feedback from customers.
- Improve the product based on the feedback you get.
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106 reads
Set a Good Price and Business Model
- Choose a pricing plan that matches what customers are willing to pay.
- Consider how much your product costs to make and the potential profit.
- Test the price with customers to make sure it works.
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87 reads
Plan Your Customer Acquisition
- Create a clear plan to find and attract customers.
- Use cheap and effective channels (like social media) to reach people.
- Have a plan for converting people who are interested into paying customers.
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84 reads
Create a Repeatable Sales Process
- Build a sales process that helps turn leads into buyers.
- Focus on building relationships and trust with customers.
- Track and improve your sales process over time.
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89 reads
Focus on Operations and Product Development
- Make sure your business is running smoothly and efficiently.
- Follow a clear plan to develop and improve your product.
- Ensure your product stays high-quality and consistent.
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78 reads
Create a Financial Plan
- Set up a realistic budget to make sure you can run the business.
- Keep an eye on your cash flow and adjust your spending as needed.
- Plan ahead for growth by forecasting future revenue and costs.
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61 reads
"Great things in business are never done by one person. They're done by a team of people."
STEVE JOBS
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71 reads
Build the Right Team
- Bring together people who have different skills and strengths.
- Make sure everyone shares the same vision and values.
- Encourage a teamwork culture where everyone is accountable and innovative.
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82 reads
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CURATOR'S NOTE
What They Don’t Tell You About Building a Business!
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