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Successful startups don't create demand. They position themselves in the path of existing demand.
In a good market, customers provide their own motivation.
Your job isn't to create customer motivation; it's to find where it already exists and then build something that satisfies it.
Timestamps:
00:00 I was listening to the Offsite podcast.
00:20 What does it take for a customer to take out their credit card?
00:46 How high is the customer's desire for the product?
01:23 When will a customer buy even when there's friction?
01:59 The pitfalls of optimizing a product when there's no demand
02:45 A framework for assessing Market Demand
03:21 Conclusion
Watch the whole episode of Jordan's conversation with Ruben.
★ More about me: ★
I'm Justin Jackson. I founded Transistor.fm (a podcast hosting and analytics platform) with Jon Buda.
I write, podcast, and make videos about bootstrapping, startups, marketing, calm companies, and business ethics.
My blog
Bluesky
By Justin JacksonSuccessful startups don't create demand. They position themselves in the path of existing demand.
In a good market, customers provide their own motivation.
Your job isn't to create customer motivation; it's to find where it already exists and then build something that satisfies it.
Timestamps:
00:00 I was listening to the Offsite podcast.
00:20 What does it take for a customer to take out their credit card?
00:46 How high is the customer's desire for the product?
01:23 When will a customer buy even when there's friction?
01:59 The pitfalls of optimizing a product when there's no demand
02:45 A framework for assessing Market Demand
03:21 Conclusion
Watch the whole episode of Jordan's conversation with Ruben.
★ More about me: ★
I'm Justin Jackson. I founded Transistor.fm (a podcast hosting and analytics platform) with Jon Buda.
I write, podcast, and make videos about bootstrapping, startups, marketing, calm companies, and business ethics.
My blog
Bluesky