This post is part of the 📖 Start From Zero series.
Today I am reading chapter 12 in the Adventure section of the book Start From Zero.
The goal of this book is to build the brain of an entrepreneur, one that can create meaningful businesses and income streams from nothing.
The planter is someone who can plant and grow seeds into profitable products.
Author Dane Maxwell claims “If you follow the steps in this section when you create a product, it will be extremely difficult to fail.”
The high goals of the Humble Product Creator are to get the product built quickly, with limited financial risk, and to get results for the first group of customers with the product.
Here are the eight steps and distinctions to make a great product quickly with a healthy profit.
Align your product to the C.P.S.O (Customer, Pain, Solution and Offer)
Prototype the vision for the product (could be with pen and paper
Get buy-in, yes, or money from the customer.
Find experts to create the product vision.
Test the concept for results (without building it) or build now if confident.
Structure the deal for limited financial risk.
Create a communication loop so you’re always informed.
Think about your goals and if this product meets them.
Here are the four killers of a great product. Ask yourself these questions. The correct answers are in parentheses.
Does the customer currently do this activity outside of the product? (Best answer: Yes)
Does it require a great change of behavior? (Best answer: No)
Is the burden to use the product high? (Best answer: No)
Does the product deliver an end result clearly? (Best answer: Yes)”
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The true planter has removed their ego from the process and works from a place of serving.
Build the product quickly (MVP) with limited financial risk, and to get results for the first group of customers.
Honestly, this is the best book I have read in the entrepreneur/business genre. What are you waiting? Go, buy and build a successful business. Click below to buy your own copy.
Author(s): Dane Maxwell
Part 17 of 25 in the 📖 Start From Zero book series.