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Entrepreneurs solve 100% of the problem for one customer

  • By Alan Knott-Craig
  • April 10, 2016

entrepreneur bird

 

“A bird in hand is worth two in the bush.”

 

Its tempting to make ten customers happy at once. Surely its efficient to solve 80% of the problem for 20% of the market?

 

Efficient, yes. Right, no.

 

Ignore all customers except for one.

 

Focus on that one customer. Solve 100% of her problem.

 

Rinse, repeat.

 

Startups grow one customer at a time. If you take shortcuts you’ll be forced to backtrack and start again.

 

There is no shortcut in the evolution of a startup, or your evolution as an entrepreneur.

 

Don’t be distracted by other customers. Solve 100% of the problem for one customer.

 

Then move to the next customer.

 

ps: thanks to Paul Kim for the insight

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