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Robbie King

01/25/2023, 10:59 AM
OK here’s a juicy growth conundrum. I have a client that needs to see growth fast. It’s a B2B and B2C marketplace. The tech is about to launch in beta and they’ve got roughly 12 months to get their first customers. They don’t have budget for Google ads or a highly experienced marketing guru. And they certainly don't have product/market fit yet. It’ll most likely be just one person (me) working on growth, combined with maybe some help from an intern and help from our CEO or COO. What tactics/channels/methods/magic tricks would you suggest? P.R hacking? Start a podcast? Cold outreach? Influencer marketing? Run around Times Square naked? All suggestions welcome.
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Paul Van Zandt

01/25/2023, 4:49 PM
Maybe explore some early stage partnerships to nail down the target user and affirm product market fit - then try channels like producthunt to expand with startups/entrepreneurs?
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Alex

01/25/2023, 9:45 PM
Get into an accelerator - such as YCombinator/Techstars/Launch.co
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Given

01/26/2023, 7:37 PM
I'm exactly at this stage with my startup, I just got accepted into an accelerator
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Darshan H

01/27/2023, 10:11 AM
What does an accelerator exactly do?
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Alex

01/28/2023, 2:41 AM
Many early stage companies do not have their team operating together for a long period, an accelerator generally provides them a reason to be in the same place for 3-4 months. Most programmes have a set of talks by experienced folks, providing all teams an opportunity to learn about how to grow their business - learning together as a team and with other teams in similar circumstances (early stage), helps builds bonds, learn new things, make new connections and increases the chances of either finding better ways of operating the business (ie. learning to make a pitch, convince investors, plan for the year ahead, find out who’s really going to buy what you’re making, is this thing really what you care about?) Some accelerators take a % of your company in return for some funding (some up to $500k), give you access to a 3-4 month programme of speakers/investors/potential customers and some will introduce you to their alumni (some accelerators have a few unicorn companies) who can help in business, legal, technical, recruiting, advisory and they do that as they pay it forward. For some companies, participating in a programme such as this will help “accelerate” the business. Some teams do break up in such environments but most people feel that it’s where they meet new friends or sometimes, they’d leave their projects and join other companies instead.