The Startup Chat With Steli And Hiten

413: How Important Is Choosing a Good Market for Your Startup?

Informações:

Sinopsis

In today’s episode of The Startup Chat, Steli and Hiten talk about the importance of choosing the right market for your product. When developing a SaaS product, choosing the right target market is the most critical step in planning a successful launch of your product. And making this choice comes down to understanding two things - tailwind and trend. In this week’s episode, Steli and Hiten if the CRM market is still a good market to get into, why you shouldn’t worry so much about the right market and focus more on executing properly, the two T’s to determine a good market and much more. Time Stamped Show Notes: 00:00 About today’s topic. 01:44 Why this topic was chosen. 02:12 Steli’s response to the question of if the CRM Is a good market. 02:47 Why you shouldn’t worry about the right market. 04:00 The two T’s to determine a good market. 04:43 How to know a good market from a bad one. 05:55 The importance of thinking through if a product has tailwind and if it’s a trend. 07:38 How there’s a growing trend for