Lessons Learned From Two Weeks Of Talking To Customers
This is a continuation of Monday's episode where we interview two more startup teams that just completed a two week program at NYU where their goal was to talk to as many people as possible to validate their business idea. We asked the founders to leave their drinks a the bar, and join us outside in 30 degree weather to tell us what they learned in the program, and what they plan to do differently now that they're more informed. The first founders are Mir Hwang and Ryan Kim of GigFinesse. Mir discusses how his early execution helped him recruit Rich as a technical co-founder, who just quit his engineering job at Google to join the project as CTO. Even though they entered the program with hundreds of gigs booked, they approached every customer conversation with an open mind, and this ability to challenge their own assumptions is changing the way they plan to build their software. Up next was Syreeta Gates and Airis Johnson of Yo Stay Hungry. They've been working on their event company for four years without making any money, and decided to use this two week sprint at NYU as a way to see if they can figure out a revenue model for their already popular event series. They discuss how they were able to schedule over 35 interviews with advertising agencies over one weekend, and the large revenue opportunity they've identified through sponsors hungry to get in front of the hundreds of people that attend each of their events. See acast.com/privacy for privacy and opt-out information.