Transcript
Page 1: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Will they buy it? @Steli

[email protected]

Page 2: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Money is the ultimate validation

Page 3: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

How do you charge for things that don’t exist yet?

Page 4: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Case Study:ElasticSales

Page 5: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Limited early access program

Page 6: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

1.Idea2.Cold Calls3.Customers 4.Company

Page 7: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Case Study:Close.io

Page 8: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

1.Product2.Launch3.Price Increase 4.Profitability

Page 9: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

If you’re not embarrassed by the first dollar you charged,

you charged too late.

Page 10: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Price Higher

Page 11: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

60/20/20 20 too high, 20 too low,

60 on the money.

Page 12: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Ultimate ValidationCustomers who pay for

broken / incomplete product

Page 13: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Ultimate MotivationCustomers who churn because of

incomplete product

Page 14: Will They Buy It? by  Steli Efti - The Lean Startup Conference 12/11/14

Will they buy it? @Steli

[email protected]