4 ms·
congrats on the first few paying customers. Feels great, doesn't it? 1) if you have enough "volume" of unique and registrations, analyze you acquisition cost.
by sghael 16y ago
congrats on the first few paying customers. Feels great, doesn't it?
1) if you have enough "volume" of unique and registrations, analyze you acquisition cost. How is it relative to your margins? Try to account for externalities (your time) and see if it's sustainable. It's ok to be upsidedown on your acquisition cost early in the game if you think you can optimize the acquisition engine.
2) Be willing to talk to partners, but be weary of hollow partnerships. Its easy to fall into the trap of thinking you are making progress because you are "in talks". IMO, this is especially true of hollywood/music industry.
3) Talk to you customers. Both paying and registrants. Learn what their pain points are and their use case for your product. You will learn a crazy amount of stuff you never thought of.