Startup Funding Espresso -- 10X Your Startup
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In planning your startup, consider the challenge you will have in converting users from their current solution to your solution. Customers don\u2019t move to a new product because it\u2019s 10% better. They move because it\u2019s 10X better. Make sure you are positioning your startup to be competitive in the market. To do so, consider 10Xing your business. The combination of the reduced price of the product and increased productivity provided over the competition, should be 10X or greater. In addition to the basic price, consider these points of differentiation: Easy onboarding -- is it easier for customers to get up and running? Ease of use -- can the user access the solution more easily? Better integration -- is the product integrated with other products providing more features? Intuitive approach -- does the product have a more intuitive interface than the current standard? Network effects -- does the product increase in value over time as more users join the network? Gamification -- does it use gamification tools such as levels, avatars, and other tools used in games to make it more inviting and fun? Consider how you are going to be 10X better than the competition. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Music courtesy of .