MUST-WATCH Before Starting Up - Build an MVP & Score Big $$$ Funding (2024)

In this episode, we discuss everything you need to know about an MVP (Minimum Viable Product) - from what is an MVP, how do you build & launch a product, how to get your first customers, and how to use feedback to drive revenue.
Check out Ayush's company - byldd.com/
Ayush's LinkedIn - / ayushsinghvi
Dhruv's LinkedIn-
/ shahdhruv04
Rakshit's LinkedIn: / rakshit-lodha-360241187
In this video, you'll learn:
00:00 - Introduction to Ayush Singhvi
00:45 - What is an MVP?
02:13 - Why do 90% Start-ups Fail?
04:10 - What to Focus on When Starting Up?
06:42 - Going Broad Vs Going Niche ?
10:28 - Bootstrapped Vs VC Backed?
13:00 - Doing Things That Don't Scale
14:45 - Sticking to a Niche
17:35 - What Are Earned Secrets?
18:45 - How to Generate Demand Initially?
20:48 - How to do Market Research?
23:30 - Should You Look at Data?
25:45 - How to Check Product Market Fit
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If you're listening to our podcast for the first time, allow us the chance to introduce ourselves.
Dhruv is a lead marketeer at an insure-tech start-up. He possesses over 4 years of experience in building & scaling marketing teams with a strong base in social media, lead generation & management.
Rakshit is a product manager for a large FinTech startup. With 4+ years of experience, Rakshit has diverse skills ranging from content & CX, to building major fintech products. He has a powerful foundation in analytics, product management, & growth.
Dhruv & Rakshit have known each other since their school days, and enjoy discussing interesting insights from their day-to-day lives.
With @Perspectify-Podcast , they aim to demystify marketing, product, tech & growth topics for you, and help you achieve the best outcomes in your field.
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[@Perspectify-Podcast]

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[@utsavsaraswat5050]

Perspectify seems to be becoming my go-to binge watch channel.
I highly agree with this point on why 90% startup fails, due to very long development cycles for MVP, it’s more of speed thing as I have seen i.e. creating fast, learning faster and failing the fastest so you can move to next step ahead
As the famous saying goes “feedback/failure is the breakfast of champions”
Thanks for putting valuable content!

[@Perspectify-Podcast]

Thank you Utsav, we appreciate it :)

[@ps7857]

Simply Enlightening. Most important points Ayush made - Whether the Founder is willing to get his hands dirty, get out of his building/comfort zone and meet end users. Nothing is more important than this, not only to grow the business fast but to sustain it once it has reached a certain level. Successful ventures start losing touch with their customers due to over automation of customer service/care. DONT DO SURVEYS but meet your customers. Steve Jobs was a classic example. Last week Gopal Vittal - CEO, Airtel, tried something similar. Earned Secrets - a brilliant concept - stick it out for a few years - very important for todays impatient youngsters. Last but not the least - the Flywheel effect - That's the real deal. Business growing on its own, owing to a perfect product market fit - can only happen when a company achieves "customer delight". An excellent product backed by great service/response. Great interview guys - Keep it up.👌👌👏👏

[@Perspectify-Podcast]

Thank you Parag, we appreciate the support :)

[@user-pt1tl3ev7i]

nice