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How to Acquire Your First 100 Customers

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Re: How to Acquire Your First 100 Customers

#11

Post by itsbenlee »

MuffinFlavored wrote: post #8

I have an interesting question. Say there is an already established business that has more than proven the idea is viable. What does it take to... join the same market space? Can you offer the same features at the same price? Can you offer the same features at a lower price? Can you offer less features at a lower price? Are there cases where there is only room for one player and no matter what you do, you will not be…

If you could deliver more value at a lower cost than your competitor (without sacrificing your profits of course), I don’t see why you couldn’t compete.

Short answer: let the data do the talking. How big is the market? Have you driven paid/organic traffic to a landing page? Have you tested any funnels? Have you gotten feedback your prospective customers?

You can do all these things with a minimal investment.

Re: How to Acquire Your First 100 Customers

#13

Post by itsbenlee »

swaggyBoatswain wrote: post #10
csytan wrote: post #7

My wife and I are bootstrapping a business, and we're nearly at 100 customers (92 right now). I would not say it's an easy road. We've been working on it full time for 1.5 years so far. A couple things I've realized while doing this: 1. Business is a competition. Much like in sports, skills are only built up through practice. For an entrepreneur this means actually selling something. You will start at level 0. There…

Unrelated but I found your portfolio site to be really funny with the pointer clicks and portrait changes Business looks interesting but Im not the target demographic

Appreciate your perspective. Which portfolio site are you referring to?

Re: How to Acquire Your First 100 Customers

#16

Post by swaggyBoatswain »

itsbenlee wrote: post #13
swaggyBoatswain wrote: post #10

Earlier quoted context omitted.

Unrelated but I found your portfolio site to be really funny with the pointer clicks and portrait changes Business looks interesting but Im not the target demographic

Appreciate your perspective. Which portfolio site are you referring to?

https://csytan.com

Re: How to Acquire Your First 100 Customers

#17

Post by bobbles »

itsbenlee wrote: post #11
MuffinFlavored wrote: post #8

I have an interesting question. Say there is an already established business that has more than proven the idea is viable. What does it take to... join the same market space? Can you offer the same features at the same price? Can you offer the same features at a lower price? Can you offer less features at a lower price? Are there cases where there is only room for one player and no matter what you do, you will not be…

If you could deliver more value at a lower cost than your competitor (without sacrificing your profits of course), I don’t see why you couldn’t compete. Short answer: let the data do the talking. How big is the market? Have you driven paid/organic traffic to a landing page? Have you tested any funnels? Have you gotten feedback your prospective customers? You can do all these things with a minimal investment.

It doesnt even need to be lower cost, if they understand the business. We compete with a lot of startups (im not at a startup) that build their entire case on 'you are our entire client base, whatever you want, we can build' where our approach has to weigh up all client requests and build towards what we think the best overall solution is going to be.

For those clients its beneficial to them to go to someone new that will cater to their exact wants

Re: How to Acquire Your First 100 Customers

#19

Post by rolleiflex »

This is super timely — looking forward to take a look at this in the evening. Wish this was in an ebook format so I could stick it into my Kindle and read it that way though. You might want to check out Calibre, it's an app that automatically converts to more ebook-friendly formats. Might be worth a shot.

BTW - you might want to just host the PDF on your website behind an email wall and put it behind Cloudflare. I just spent 10 minutes trying to get the PDF, it's that busy on Google Docs.

Edit: I just tried to convert it, it works okay, not super great, since the source is PDF. I'm sure you have the raw text document, you can flawlessly convert from that to EPUB/MOBI if you want.

Re: How to Acquire Your First 100 Customers

#20

Post by itsbenlee »

rolleiflex wrote: post #19

This is super timely — looking forward to take a look at this in the evening. Wish this was in an ebook format so I could stick it into my Kindle and read it that way though. You might want to check out Calibre, it's an app that automatically converts to more ebook-friendly formats. Might be worth a shot. BTW - you might want to just host the PDF on your website behind an email wall and put it behind Cloudflare. I ju…

Will check out Calibre. Appreciate the feedback!

You can get the PDF downloadable link here: first100.yobenlee.com.

Will work on EPUB/MOBI formats!

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