@sam96 I built a checklist to help founders launch profitable products.
This v0.8. I am still updating it before releasing it as a lead magnet. Let me know if you have questions or comments.
Stage 1: Find A Great Idea
- Get an idea.
- Define your customer & the painful problem you are solving for them.
- Study your competition.
- Find the gap.
By the end of this stage, you would have found an idea that looks promising.
Stage 2: Design A Profitable Solution
- Plan out multiple solutions.
- Define your monetization strategy for each.
- Fill out The Game Plan for each solution.
- Craft your USP - what makes you different from your competition. What is your "Only Factor"?
- Craft your UVP - why should your customers care about your USP. Get it by answering "so what" to the USP.
- Plot out your customer's journey to get to your product.
- Design your offer/feature set.
- Design your business model.
- Make a list of all the assumptions you made.
- Validate your assumptions by speaking to potential customers.
- Tweak The Game Plan with each customer validation conversation till you get your assumptions validated.
By the end of this stage, you would have validated your assumptions and have a painkiller product idea.
Stage 3: Get Ready To Build
- Build up a product roadmap.
- Think of a name.
- Buy a domain & hosting.
- Craft your one sentence pitch.
- Craft your 5 sentence pitch.
- Build a landing page for a waitlist.
- Set up email marketing.
- Pick your distribution channels.
- Prepare your customer onboarding journey.
By the end of this stage, you would have the foundation you need to start building & marketing your product.
Stage 4: Build Your Product
- Build your minimum viable product in public.
- Keep talking about your progress, the customer, their problem, and your solution - while you're building your product.
- Use your waitlist and marketing efforts to get potential customers to try the product at different milestones.
- Iterate your product based on the feedback you get.
- Add growth loops into your product.
- Collect feedback and testimonials from early users.
By the end of this stage, you would have an MVP of your idea and a small audience of potential customers.
Stage 5: Launch
- Build out your sales funnel.
- Create a few pieces of epic-tier content.
- Build out your launch plan.
- Launch your MVP.
- Start sending traffic to your landing page.
- Collect user feedback & testimonials from paying customers.
By the end of this stage, you would have launched your product.
Stage 6: Growth & Execution
- Create a content marketing plan.
- Create a product marketing plan.
- Execute in sprints.
By the end of this stage, you realize that it's a whole new game.