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Fail Fast or Win Big
The Start-Up Plan for Starting Now
Author: Bernhard Schroeder
Narrator: John Behrens
Unabridged: 5 hr 19 min
Format: Digital Audiobook Download
Publisher: AMACOM
Published: 04/25/2023
Category: Business & Economics - Entrepreneurship
Includes: Bonus Material
Synopsis
With today’s marketplace changing at lightning speed, how can entrepreneurs spend the traditional several months perfecting their business plans and finding investors before finally launching their business? They can’t! Because the truth is, the longer they take to launch their company, the more changes there will be in the marketplace--causing their business to be outdated before it even begins!Today’s entrepreneurs must avoid the temptation to play it safe and launch a business in a bubble. Instead, they need to embrace the idea of “failing fast.” Almost upon genesis of the idea, it is detrimental for the entrepreneur to connect with real customers and determine quickly whether their idea is worth pursuing, needs new direction, or should be abandoned altogether.In the groundbreaking, tell-it-like-it-is Fail Fast or Win Big, entrepreneurs will learn how to: Create a rapid prototype of their product or serviceDevelop a business model instead of a business planTest it repeatedly with customers so they can spot failure earlyContinue to refine the model based on customer interactionsLeverage their network and resources in order to run lean Complete with real-life examples of entrepreneurs who set out to fail fast and ended up winning big, Fail Fast or Win Big is the business plan you didn’t study in college. But just like the marketplace, those outdated concepts have changed too!Figures are included in the audiobook companion PDF download.