The question posed near time 47:05, "how big a market should a new startup company go after?" I was surprised at the answers, owing to my expectations of the admissions criteria at Harvard. I've done this in tech startups. Always start small: 1) your product/service/Value prop will NOT be correct initially, and a tiny initial market helps you figure it out (think of 'stealth mode' startups for e.g.) 2) the practical part: you lack the resources to successfully serve a large market, EVEN IF your Value Prop is nailed IT SEEMS RATIONAL for a founder to say "We cannot limit the size of the market we're targeting! WE NEED MONEY! SELL TO EVERYBODY, ANYONE WHO WILL BUY!" That seems rational but it will ALMOST NEVER WORK. Do not "pre-ruin" your brand by going after a huge audience you lack the resources to make happy. Pick a small audience. Perfect your product, service, Value proposition. Make it IRRESISTIBLE. THEN broaden your market. You'll have a polished offering/value prop, and you'll have some $$ to service a larger audience. 'Stealth mode' startups are a "thing" for a reason. .
@1231mn4 ай бұрын
Agreed. Dan Kennedy videos get 500, 5000 views. and this gets 1m --
@amiranvarov3 ай бұрын
Greg, you seem like smart in this department. If you have a blog, or twitter, or some other media where you share your insights or findings, I would be glad to follow you! I am working on my product, and launch is yet to come. I want to make it right. And for this reason, insights like yours would be very helpful! Have a good day!
@amorosogombe96506 жыл бұрын
I was so lost on the whole sales and marketing side of my start up. So I sat down and watched lectures one and two and this one and sat down and decided to build a 'go to market' canvas. It's been invaluable. I've seen what customers segments are truly responsive to our product. I've seen how to mix our inbound and outbound and what inbound and outbound is worth doing and where. I've managed to create a unified brand message for a two sided (user - payer) marketplace where the value propositions to the different parties is completely different, that's not easy. So thank you for this. I'd love to share my canvas because I think it basically synthesises the whole thing into a one page sheet and helps people see a unified big picture of this very complex topic. Thank you so much. Open sesame moment gained from this. Thank you.
@SilentxMod3 жыл бұрын
Sir please can you share your canvas with me ?
@amorosogombe96503 жыл бұрын
@@SilentxMod Sure. I need and e-mail address. Please drop me a line on amo.gombe@gmail.com
@SilentxMod3 жыл бұрын
@@amorosogombe9650 done
@Jushowitis3 жыл бұрын
Hey can i shoot you an email to receive this canvas?
@chidiemeke83313 жыл бұрын
Sir please I'll send an email, I'd love to get your canvas.
@MichaelSkokNBVP11 жыл бұрын
thank you! I am happy to pull it together and your feedback will encourage the many people who contribute to this
@filobrosgolf6 жыл бұрын
I would love to see a cheat sheet for questions to ask the customer when trying to define/improve PMF. Our SaaS has two billion dollar customer pilots, 3 new customers (enterprise HIT) and we are still a very small team, so we don't have customer success function but as founders, we are doing our best. Michael, I really appreciate you sharing this information with us! Great Value!
@Ambrosha3854 жыл бұрын
Thank you so much for making this available to all and creating this in the first place.
@douglachman73303 жыл бұрын
Thx2u Michael you are a prime foundational source for my educational process re startups and processes. Well done
@slimpwarrior3 жыл бұрын
Many years later your work is still saving people from crucial mistakes. Thank you so much!
@soggybottomriders30933 жыл бұрын
@@filobrosgolf u
@abikelife14813 жыл бұрын
That last description of shoveling in money to Google ad words is exactly the way that I started out. And like was earlier mentioned, the usefulness of a podcast for marketing is also how I went about it. After building a KZbin channel for my start up, providing free information and instructions on the channel, it completely replaced my ad words budget expense. All done free, with just the expense of spending a little time. It's very successful to advertise and market your product to prospective clients in a way that doesn't seem like you are actively advertising to them, and trying to sell them. They also call this the information age, where clients are doing more and more research, comparing, and looking up the reviews of a product. So I was able to provide free information and technical support that was a marketing outreach but didn't seem that way at all. I really like this concept of inbound marketing. And yes, for websites and KZbin, content is king! Have to consistently put out great content. And that is why they call it "building" a website, it takes some time to gain the search ranking and authority, and have to just keep pumping it out!
@ironboundmedia54332 жыл бұрын
Thanks for sharing man, this is great insight.
@reggaeism Жыл бұрын
Unrelated… I cannot get over the fact that his name is Michael Scott… love it
@stevenpaul43942 жыл бұрын
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.
@douglaszachary38632 жыл бұрын
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
@deborahsharon20832 жыл бұрын
Venturing into the bitcoin without an adequate orientation with a professional broker for accurate signals, you might lose all your hard-earned money
@patience4312 жыл бұрын
Binary trading is a good and reliable way of building wealth which also create opportunities for crypto Believers
@bettykaren27132 жыл бұрын
You see in trading cryptocurrency, one requires more than just a primary knowledge of crypto. It is best to trade with an expert to avoid unnecessary losses. It's advisable to have a professional trader/broker who is an expert in the field to help you manage your account.
@dorothymelissa48972 жыл бұрын
I'm into Real Estate, but I took the decision to invest in the Crypto market and I have been getting good returns on my investments. The market is also an effective way to grow wealth.
@thsieh89363 жыл бұрын
Man I really hope i was not in high school when this speech was given. Alot of ppl who had listen to the hubspot founder would probably be making million now. He was calling it right before it become mainstream. However, I do not think that being extreme on inbound is completely right. The outbound marketing still work and you see alot of company and business being successful with it. Combining the right amount between the two is probably the better way.
@NazriB2 жыл бұрын
Lies again? Harvard Target
@riyakhanna24455 жыл бұрын
I find these sessions invaluable; the framework covers so many practical challenges that startups face and how to address them. Thanks so much for sharing!
@ColtonBuckelew3 жыл бұрын
maybe invaluable isnt the word then..
@powerfullaudmarcus24552 жыл бұрын
@@ColtonBuckelew Invaluable is the Right Word! It fits the statement and message being conveyed.
@ndiritu_nyakiago Жыл бұрын
@@ColtonBuckelew invaluable is the right word
@semujjuderickscofield3029 Жыл бұрын
Thank you Hi, have watched this after 10 years, but all the content is insanely great.
@ImaneLaabar10 жыл бұрын
Definitly one of the best courses i ve seen
@ekkamailax2 жыл бұрын
As amazing as this talk is, I’ve worked at startups run by young 20 some year olds that didn’t do any of this stuff (cuz they didn’t know how) and went from 0 to $1B in under 2 years. Sometimes I wonder how much of this is simply being at the right place at the right time.
@michaelskok6304 Жыл бұрын
Sid, you're absolutely right, timing is critical. Being too early you'll spend to create the market. Being too late and you'll obviously miss the boat. And if you've got the right product* at the right time, everything is a lot easier. Yet it's still important to find the best way to bring it to market with a business model to build a sustainable business. *The key point being right for the potential customer's needs.
@ekkamailax Жыл бұрын
@@michaelskok6304 very true, I just find it interesting how clueless 19 year olds who don’t know any of this are the ones who become billionaires, while the people who do know all this stuff earn $80k/year teaching a college class and don’t actually end up being able to apply it in real life.
@nyustdent Жыл бұрын
@@ekkamailax this guy made a lot of money with venture
@brick6347 Жыл бұрын
With the insightful marketing skills you learn at Harvard you too could end up in charge of a major brand like Bud Light...
@MadelineJohnsonPro8 жыл бұрын
"There's no substitute for measuring and iterating." Very smart presentation.
@NaderAminifar5 жыл бұрын
I was so pumped. Thought she's saying Michael Scott
@sanaahmad23013 жыл бұрын
Where can i find the video they keep talking about which seems to be a prerequisite for this lecture, where they have discussed all of the marketing strategies in detail?
@troooooper1006 жыл бұрын
are these videos part of a course, where is that course. I want to watch them in order.
@ingilizanahtar6443 жыл бұрын
It would be great if it had subtitles. In order for the hearing impaired to benefit
@jerryplumb70283 жыл бұрын
Yeah, and take out all of the “uuuuhhs” and “ummms’ reading that has to be taxing.
@elvisfernandes49282 жыл бұрын
Thank you Michael Skok for this lovely lecture. On a fun note, so many elites belong to the class name: Michael. Right from Michael the archangel to Michael Porter to Michael Jackson to Michael Faraday to Michael Jordan to Michael Schumacher and so on.
@kennedymills90822 жыл бұрын
While bitcoin's wild
@kennedymills90822 жыл бұрын
his
@colealfred99512 жыл бұрын
I had 1 btc I was doing okay but I lost my job due to the pandemic. Then i heard of a pro trader and advisor, Kennedy Williams. I trusted his words and took his advice. i have made over 6.9 btc using his service.
@felixderrick18682 жыл бұрын
Sincerely speaking, i will continue to trade and stick to Kennedy Williams signals and guides as long as it works well for me ✅
@gentleroy29862 жыл бұрын
Very nice, I was just hodling before I found Kennedy. In my opinion he is the best out there , i was able to raise my btc from 0.4 to 7btc
@joycelawrence94502 жыл бұрын
He has really made name for himself, also made success more easier than we thought all rates to his strategies 🚀
@aminmazraeh27076 жыл бұрын
amazing, got brilliant ideas for my start-up marketing
@jreisch1445611 жыл бұрын
One of the best lectures on this topic. Thanks for sharing this!
@seojosep9 жыл бұрын
Amazing. Incredibly valuable! Thank you very much!
@billyehart5092 жыл бұрын
< I totally agree with what you are saying....The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by expert trader Henry Marlow.
@billyehart5092 жыл бұрын
hi$ ͲeIєɠɾαm👉Marlow001
@ivaking76882 жыл бұрын
Henry Marlow really knows his way around trading, its evident from his deep knowledge of how the market works, reading signals to perfection, i feel very safe trading with him
@jasonpierre67002 жыл бұрын
Trading is the future, not these holding on crypto currency and expecting a surge in market price
@Chris-og6fl2 жыл бұрын
Henry IS GOING TO 100 X NOW!!!!!!!!!!!!
@tylermarsh73492 жыл бұрын
Henry comes highly recommended, best TA guy by far I’ve worked with in this bullrun
@ThomasArvizu10 ай бұрын
much more useful than what they're handing out now
@leiwei42832 жыл бұрын
Lately, it’s been so rough for me trading on my own because I have had so much losses. I use to trade so well using Demo. I think the real market is manipulated. Please, can anyone help me out or tell me what I’m doing wrong.
@jennymaxwell30722 жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.
@haydenwilliams50472 жыл бұрын
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Debra Dianne Brooks.
@leiwei42832 жыл бұрын
How do i reach Mrs Debra Dianne Brooks?
@valentinebrown92392 жыл бұрын
Yeah Mrs Debra Dianne Brooks!. She is an expert trader and a certified broker too, I've worked with her for months now, seems she processes trade for almost everyone lol, all you have to do is to follow her guidance.
@suelypereira8242 жыл бұрын
Mrs Debra Dianne Brooks helped me to understand technical analysis, now I can examine the current chart and predict which way the market will go. she is definitely the best pro trader I know
@nileshboth2 жыл бұрын
Really really insightful! Thank you so much for sharing this!
@tabahbaridule3 жыл бұрын
I need the link to website, any help would be appreciated.
@armandmugabo11702 жыл бұрын
Invaluable knowledge
@323craz8 жыл бұрын
I'll watch again and again!
@Zakariah19713 жыл бұрын
This is real education and why utube was created. Bravo.
@ratanvaghela766610 ай бұрын
Very informative lecture in this topic I ever seen❤
@txterbug2 жыл бұрын
At first I’m thinking “wow these websites and ads look like shit!!!” Then I realized this video was nearly 10 years ago 😂
@prabodhdeolekar12286 жыл бұрын
Awesome workshop Mjskok.. Keep up the good work...
@maryturner36173 жыл бұрын
good information))
@ardubey8 жыл бұрын
Worth Listening !!
@kevinrandalrulach3 жыл бұрын
Great lecture. Thanks.
@troooooper1006 жыл бұрын
took me a week to go through whole video.
@kohkoh174 жыл бұрын
Awesome talk and sharings! Always relevant!
@ludmilazayceva54410 ай бұрын
Very informative. I hope I become profitable like you
@OccupyConcord7 жыл бұрын
I have real business looking for tips...watching now
@abrahamrosenfeld369 жыл бұрын
A must watch!
@henage11 жыл бұрын
Fantastic startup focused marketing tips.
@nguyenamy39913 жыл бұрын
So value knowlegde. Thanks
@ck11762 жыл бұрын
what are the students in this class? is it an undergraduate or graduate level class? -I am a 3rd year mathematics major, working in a startup company and trying to build my business expertise in my spare time
@StorytellingHeadshots Жыл бұрын
Graduate Students at Harvard business school.
@johnwig2853 жыл бұрын
Timing is essential. If PSP came out now, it would've seen more success compared to last time. They did not take advantage of their position on the S-curve to time the release of PSP.
@chidiemeke83313 жыл бұрын
Exactly. I wish they would bring it back😭💝
@rusticoapostol30486 жыл бұрын
full of startup insights, very useful
@Foxygrandpa21313 жыл бұрын
Brian Halligan yeeeessssss!!!!
@kafenadedmusic2 жыл бұрын
thanks for the information
@marytrotterchaude67063 жыл бұрын
good information
@forex77692 жыл бұрын
If starting a bussiness who wouldn't concentrate on quality of product and brand reliability and quality if they were serious
@ned514 Жыл бұрын
Do you have templates for apply?
@jaredjensen25632 жыл бұрын
"tonight uh with uh michael scott's uh startup secrets series" Me: what the guy from the office is on here?!?"! ........ oooh "Michael Skok" Well you fooled me
@DoctorPe9493 жыл бұрын
I'm very happy open the video
@ameliapenelope11152 жыл бұрын
The trading doesn't care if you're smart. At the end of the day, is a contest of discipline. Ultimately, those who do the best manage the risk relationship the best. And that takes more than just intelligence. Fortunately for me I came across *’Natalie* *Andrea* *Bows’* while searching for answers on the internet. Under her tutelage I was able to avoid making mistakes and loosing money. I am up 150% in profit currently.
@ameliapenelope11152 жыл бұрын
@nightingale That's right, option isn't for rookies but that doesn't mean they have to stay off options, I started as a rookie and in my first 5 months, I made a profit of about $580,000 with no funny strategies, I basically was just following the steps and guideline from my financial advisor. as long as you've professional help, you're good to go.
@clarencevutt31742 жыл бұрын
On occasion you can beat the market with blind luck, but I wouldn’t depend on it. Having a science background there is a saying, ‘Luck favors the informed’, I’ve found it to be true, allowed me in great part to retire early.
@williamskanbar2 жыл бұрын
@@ameliapenelope1115 Thanks for the information, I searched her name and I'm impressed with her info, i will be writing her through her website shortly
@Pcoxproductions Жыл бұрын
2:05:24 map out the flow of traffic
@alliesteamc35463 жыл бұрын
Cannot find which website?
@aaaaaaaaa88862 жыл бұрын
where can one download these slides from? I would love to print them out and follow along making notes. I'm old school haha
@nwaneri02 жыл бұрын
Which slides do you mean? You could make a snippet or prt scr, and then pasting it and printing it. I like it the old-fashioned why too.
@maumiaow6 жыл бұрын
You will find this Go to Market Strategy Presentation template very useful >> www.edigitalagency.com.au/best-go-to-market-strategy-template/
@dominicessien449011 ай бұрын
Is this still relevant in 2023?
@ChristianFriends9326 ай бұрын
Ever heard of “Evergreen”? #thankmelater
@rafael_molines4 ай бұрын
No
@jeanchloeramoran95992 жыл бұрын
i will try
@ShashishKumarTiwari-j6g6 ай бұрын
Great
@Business-StartUpQatar2 жыл бұрын
#startup #business
@Kermit462 жыл бұрын
Micheal Scott. Hell yeah
@hassanfeest61292 жыл бұрын
Learn how to develop your "brand essence")
@markdonaldson36432 жыл бұрын
Buying bitcoin doesn't make you a winner, the ability to make profit daily out of your capital is what makes you a winner. stop depending on the market price to make profit, choose Trading over Holding it , Understanding the market is very difficult when you have limited, after seeing profit my friend made in a month trading with his strategy i gave it a try, made good profit, must confess it is so overwhelming.
@anitaehimare21562 жыл бұрын
Despite the economic downturn, ľ'm so happy 😊 .I have been earning $ 60,000 returns from my $7,000 investment every 13days.
@markdonaldson36432 жыл бұрын
@@anitaehimare2156 I have been hearing about MR JEREMY NIEDERSTADT and his genius mind in the crypto and stock market also how good is he??
@anitaehimare21562 жыл бұрын
@@markdonaldson3643 I have also been trading with him , The profits are secured and over a 100% return on investment directly sent to your wallet.I made up to $560,000 in 2months trading with JEREMY NIEDERSTADT
@anthnioncamaroti66532 жыл бұрын
@@markdonaldson3643 I also need his info too I'll write him , How do i reach him thanks.
@markdonaldson36432 жыл бұрын
@@anthnioncamaroti6653 Kindly reach him online or web simply by searching his name, there is a provision for contact. Trading with an expert is the best strategy for newbies and busy investors who has little or no time to monitor trade
@eagle77572 жыл бұрын
For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. John 3:16 KJV, Ephesians 2:8-9, Jesus Christ is the only way.
@pacifiquebusiness10 ай бұрын
It’s interesting
@complexedmind5739 Жыл бұрын
If you keep secrets close enough, you can charge for their release ....
@Boubaker_elbikam4 жыл бұрын
Thanks prof
@oliurrahmanor47662 жыл бұрын
Super
@mikejones35607 жыл бұрын
30:59
@justacting2342 жыл бұрын
Did she say Michael Scott??
@DoctorPe9493 жыл бұрын
New video uploaded startup secret
@alliesteamc35463 жыл бұрын
Yes Michael is awesome!
@nick29oz12 жыл бұрын
first to comment and this is defenley worth watching video
@danijeljovic49712 жыл бұрын
bruh i fell asleep watching youtube and it auto played this random 10 year old video
@hatemorina4049 Жыл бұрын
Pershendetje 60 kan er von seif haben er persönlich Premier Minister (RS)😊 danke schön
@justtrend57302 жыл бұрын
❤️❤️❤️
@bossnyanyadota2 жыл бұрын
Wish I learn it when im still a kid haha
@khan554573 жыл бұрын
50:00
@joannaparish16402 жыл бұрын
The commission has refused, despite many pleas over many years😄
@gachaspde4062 жыл бұрын
i just woke up ... why is this herre?
@thongvilayxiayabouesy7386 Жыл бұрын
😮my ceo will show data of customs.. for step sell and buy
@LamZL1 Жыл бұрын
Michael Skok... not Michael Scott HAHA
@jackymarcel41082 ай бұрын
Hall Brian Anderson David Brown Christopher
@MaryLee-r2vАй бұрын
Thompson Eric Martin Kevin Rodriguez Paul
@marciamarquene575310 ай бұрын
T amo demais e e você também bjs até daqui uns minutos tô aqui esperando aqui terça t amo demais essa foto linda amei essa foto linda
@justtrend57302 жыл бұрын
😘😘😘😘
@Nattado365Washington3 ай бұрын
Breaking news Beacon Tracker Unjustified use By Jamaica England And America 2024
@TitusAugust-l6n2 ай бұрын
White Jessica Garcia Sharon Hernandez James
@HopkinsDean-r8i2 ай бұрын
Davis Helen Lopez Sharon Thompson Betty
@justtrend57302 жыл бұрын
😃😃😃😃
@jimmybecomesafool95252 жыл бұрын
Yes give them the "Sense" just like drugs except its their fault if their dreams dont work ingenious
@jimmybecomesafool95252 жыл бұрын
enabling partner the clincher. Hey i have a truckful of possible indulgence 5 bucks for a high five atta boy
@NehemiahWendell-u1y2 ай бұрын
Hall Thomas Martin Michelle Miller Kenneth
@marciamarquene575310 ай бұрын
F beijo nela só falta o valor dos Santos Dumont sp desde ontem mas foi essa foto linda demais essa foto maravilhosa amei esse valor total v se for só o tempo atrás y ir pro hospital agora agora tô aqui esperando o tempo todo mês se for só o tempo todo
@marciamarquene575310 ай бұрын
T amo demais esse valor desse g Du ei mano tô falando w se for só o valor dos santos Pereira dos Santos Dumont Dumont Dumont sp desde o início dos Santos Junior Junior Junior Junior Junior Junior Junior Santos Dumont Dumont Dumont sp desde ontem mas se Deus permitir o
@camp34612 жыл бұрын
"and uhh if uhh uhh uhh uh uh uhhhh"
@marciamarquene575310 ай бұрын
T valor dos Santos Dumont sp desde o início dos Santos Junior Santos Dumont l o número certo então só me manda mensagem quando chegar aqui fora yy o tempo atrás dos outros amigos estão lindos amo vocês demais mas
@marciamarquene575310 ай бұрын
G e horário e horário e depois e horário e depois e horário e horário normal e o e o tempo atrás e só se for só o tempo todo mês passado foi p ir pro hospital agora e e horário e depois me manda mensagem e me manda mensagem e horário e depois me CP des ela me falou
@marciamarquene575310 ай бұрын
R E O melhor hoje f o tempo atrás y ir pro hospital aqui tô aqui fora yy o valor dos santos Pereira Santos Junior Junior Junior Junior Junior Santos Dumont Dumont Dumont
@marciamarquene575310 ай бұрын
Depois e horário normal e horário e depois e depois me CP g Du ND disso me CP g Du ND disso me CP g Du ei tô aqui esperando aqui terça feira e horário e horário e horário e depois e depois e horário e depois e depois e horário e depois me manda o valor e o valor e o e horário