In episode #1843, Neil and Eric speak to the biggest mistakes they have made while growing their software. Some of the main lessons our hosts learned include picking software with a large TAM and small churn rate, optimizing for customer development, and more!
TIME-STAMPED SHOW NOTES:
- [00:25] Today’s topic: Mistakes That Neil and Eric Made While Growing Their Software.
- [01:18] The danger of selling software with a small TAM and big churn.
- [01:51] Doing customer development and remembering not to undercharge.
- [02:58] Using the freemium model and having good onboarding.
- [03:57] Continuously iterating and making your product better.
- [04:05] Remembering to vet employees and have a focused offer.
- [04:41] That’s it for today!
- [04:42] Go to marketingschool.io/live to learn more about our upcoming live event.
Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at http://www.marketingschool.io/pro
Links Mentioned in Today’s Episode:
Openview
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
In this episode #2987, Eric Siu and Neil Patel discuss navigating B2B summer slumps, managing multiple offers, and building authentic brands. They also explore the emotional side of AI-generated conte...
In this episode #2986, Eric Siu and Neil Patel discuss AI in advertising, the need for human-AI collaboration, and challenges for small businesses. They also touch on online feuds and global marketing...
In this episode #2985, Eric Siu and Neil Patel discuss the rapid rise of AI adoption, major infrastructure investments, and the future of AI in marketing. They explore market valuations, the efficienc...