112. Go Niche or Go Home: Why Your Startup Needs a Narrow Initial Market (and How to Pick One)
Description
In this episode of 'Feel the Boot,' host Lance Cottrell delves into the strategic importance of targeting a niche market for startup success. He guides early-stage founders through the crucial process of focusing on specific customer segments that resonate with their products, illustrating how this can significantly improve customer acquisition and product development. Lance shares practical strategies for selecting a target niche, such as engaging early adopters, leveraging small communities, and identifying underserved markets. This approach not only helps in establishing a strong market presence but also lays the foundation for scaling into broader markets. Tune in to gain invaluable insights into effectively narrowing your focus for better startup execution.
Blog https://ftb.bz/112B
YouTube https://ftb.bz/112V
BootPrints https://ftb.bz/join
“Are you fundable?” tool https://ftb.bz/fundable
United States
