What do you do when your market takes off! - Full Video
Here is a recap of the Paparelli Zoom Chat for Entrepreneurs #17
Special thanks to my guest Faraz Zubairi, Managing Director, ExamMed.
Quote of the call: “Market lift-off happens when your product becomes a must-have,” Faraz Zubairi.
Here are some key takeaways from this call:
There is no irrelevant work experience. You will use it all sometime in life.
Getting a SaaS company out of the ground is a continuing investment in your market and your product. There are no short-cuts to a scalable platform.
Healthcare startups only succeed if insurance reimbursement goes your way.
The goal is to change behavior, so you must change the workflow, and to change the workflow, you must show an attractive ROI (return on investment).
True north in a startup: really, really understand what your customers want.
Customer traction/adoption = need + ease of use
Recognize how a national event like Covid will impact your market. Set a simple plan and go. Ready or not.
The right hire, just one, can make all the difference in the success of the startup.
When your market takes off, get the customer to use your product. Price should not be a friction point in the short term.
Your corporate values are a product of your upbringing...parents, faith, and experience.
Watch the video for more ideas on how to take advantage of a market that starts buying.
Every Paparelli Zoom Chat for Entrepreneurs will help you be a better entrepreneur. That’s the goal.
I look forward to seeing you next Wednesday, August 12th, at 9 am.
Come a little early and catch up with friends. I'll be on at 8:45. Stay past 9:45 am to talk to our special guest.
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