Ptt3 Flashcards

1
Q

If you want something new,you have to stop doing something old.”

A

They have a vision

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2
Q

They start with a plan.
“Measure twice and cut once”
Successful entrepreneurs have researched their markets well and know their target users intimately.

A

They are focused

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3
Q

Even if there is a tremendous marketopportunity for your product, it’s wise to start small so you can learn and iterate. Continue to integrate your learnings into your product.
develop a minimum viable product(MVP). An MVP solves a user’s pain points with the minimal feature functionality required to do so.

A

They start small

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4
Q

Do the preliminary research and build a user persona to get to know your target customers.
You’ll know what they
value most, what priorities they have and what they’re looking for in a solution.

A

They know their customers (and potential customers) intimately.

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5
Q

Building a community of happy customers is key to ongoing success.
creating an engaged tribe with brand loyalty can accelerate your success much more quickly.

A

They build an engaged tribe.

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6
Q

“Overnight success” is actually the culmination of many smaller achievements over time. You’ll hear this from every entrepreneur who suddenly appeared in the spotlight.

A

They have perseverance

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