Finding your Niche Stage
This stage is where startups find a core set of customers and establish a market niche. Product benefits can be separated from the founders. Businesses have a common set of customers that reference each others buy decisions. Creating new customers is no longer based on creditability of founders but third-party references. Product features are not driven by key customers but market niches. The challenge of this stage is getting to a scalable repeatable sales process.
Key Issues for Founders
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