After building and scaling my first business to $500k/year, I realized I was wrong. “Build a great product and they will come.” That’s what I thought building a startup was about. But Justin Khan said it better: "First-time founders focus on product; second-time founders focus on distribution." Since then, I’ve learned that: • A great product means nothing without users - we can build the best product in the world, but if people don’t know about it, it doesn’t matter. • We must focus on distribution early - how do we reach our customers from day 1? What channels to use? Social media content, SEO, partnerships? • Building relationships and adding value is a must - building genuine relationships and creating value for our customers is extremely important. We are now being more intentional with how we connect and create trust. • Finding balance is key - Yes, we know we need a great product - but we also need a great plan to reach people. Distribution is often the difference between success and failure. Thanks to friends, mentors, and accelerator programs, I’ve been able to learn about this. I hope it helps you too.
Your journey reveals crucial insights! Focusing on distribution and relationships really shifts the game for founders. What strategies resonated most with you in this learning?
Yusuke Tanaka, such valuable lessons! Product and distribution are like peanut butter and jelly; one just doesn’t fulfill the sandwich without the other. What strategies have you found most effective for reaching customers?
Director of Global Access | Pre-seed to Seed Advisor | international Network Builder
4wThere are plenty of mediocre products with great distribution and great products that die on the hill of sales. This is a great insight.