The Number 1 Mistake That Kills 42% of Startups
Minimal Viable Launch Minimal Viable Launch
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 Published On Jan 15, 2024

🚀 Unlocking Startup Success: The Number One Reason Most Products Fail 🚀

In this eye-opening video, Lee Russel delves into the primary reason behind the failure of countless startup products. Drawing insights from extensive research conducted by CB Insights on startup post mortems, Lee sheds light on a critical issue faced by early-stage founders.

DID YOU KNOW
42% of startups failed because they built a product that nobody wanted or needed?

Lee shares his firsthand experience working with founders in the Minimal Viable Launch Program, revealing a staggering statistic: 82% of surveyed founders had spoken to less than five customers about their idea before investing in development.

Join Lee as he passionately discusses the dangers of building products without validation and the repercussions of pivoting post-launch. He emphasises the importance of focusing on solving customers' pressing problems rather than fixating on product features. Through practical advice and real-world examples, Lee highlights the significance of validating ideas before investing resources.

Whether you're a startup founder, entrepreneur, or aspiring business owner, this video is a must-watch for anyone looking to avoid common pitfalls and increase the chances of startup success.

📍 Don't miss out on Lee's invaluable insights! Watch now and embark on the journey towards building a product that resonates with the market and attracts eager investors

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Chapters📚

0:00 Intro
01:07 The Shocking Truth

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