February 14, 2018
PUBLISHED BY Chicago Booth Reveiw
Four insights from Chicago Booth’s Waverly Deutsch for entrepreneurs hoping to cultivate scalable success
How does an entrepreneur know when it’s time to go to market? Or how to grow a handful of customers into a viable revenue stream? Chicago Booth’s Waverly Deutsch shares some of the ideas, methodologies, and research findings that can help entrepreneurs make sense of where their company is at, where it needs to go, and how to get there.
1. Finding your MVP
For companies in their earliest stages, Eric Ries’ Lean Startup methodology can help determine the minimum viable product necessary to start developing a customer base. But that’s just the beginning.
2. Bridging the traction gap
You have a product and a small base of customers—but not necessarily a viable business. Here’s how to determine metrics and milestones to track your progress toward sustainable success.
Watch the full post on Chicago Booth Review here.