How do you prove anything? Very,very difficult from an engineering perspective. Instead, how about "verifying a hypothesis". In other words... create an H0 hypothesis about your sales & marketing strategy... then; test that hypothesis, and most importantly measure the results closely.
If you can say that your hypothesis works, then do the hard part: try to scale it up! (wow, that can be tough).
So many companies think: well I'll get X customers, and then I'll be at a critical mass and then my model will be Y. The problems... how do you get to X customers? How do you know what will happen when you get there?
Instead, I focus on getting to x customers (note the smaller x), and prove that the model works at x.. (e.g. the business is profitable at x). Then, I slowly scale up towards X. If Y happens, great... but my X is still my x and that's good enough for a profitable business.
Go x yourself.
Harlan T. Beverly writes from Austin, Texas about Entrepreneurship, Marketing and Business for Engineers and Other Logical Thinkers.
No comments:
Post a Comment