- How will you acquire users?
- How will you make money?
But what about the very, very, early stage startups (like Ed Republic), when our primary goal is validating the concept and finding early flickers of product-market fit?
I fully admit I could be thinking about it wrong, but at this stage we're more focused on getting feedback from our first 1,000 users, than scaling up to get our first 100,000. (Though to clarify, I'd be dancing in the streets if 100,000 users suddenly showed up on our MVP site!) Partly because we've chosen to bootstrap to our beta (a decision that's probably deserving of another post on its own), we want to iterate quickly on our MVP and make decisions on whether to raise a seed round, continue to bootstrap, or pivot.
The key question we want to answer is whether our vision is compelling enough with real users. With a goal of getting early feedback and iterating quickly, here's how we're thinking about the first 1,000 users.
Friends & Family
While friends & family are going to be biased in your favor, they're also more willing to help and provide feedback on your Balsamiq mockups, hacky prototype, and buggy alpha. They're also the ones who are likely to kick-start your social media profiles, agree to be interviewed for case studies, not to mention provide words of encouragement on the down days. Online learning is so common these days (an estimated 40% of adults participate) that it's relatively easy to find potential users and get further referrals to their roommates, colleagues, and friends.Social Media Brand Pages
Choose which social media networks you'll participate on, and start seeding them early so they're not empty when you launch. We plan to blast our family and friends to sign up a few weeks before our beta launch, but in the meantime we've been tweeting and posting to start building a history. Yes, it takes time, but commit to what you can do (even if once a week). Products like HootSuite (free for one user) make it much easier to manage multiple social media platforms.Social Media Viral Loops
The holy grail of social media marketing is figuring out how kick off exponential growth through referrals. Some products are inherently social by nature (games and photo sharing come to mind), some provide financial incentives for referrals (daily deal sites), some use somewhat shady techniques like auto-posting to Facebook walls and auto-inviting your entire address book. My personal hypothesis is that online learners want to have access to a global community but are less likely to want to share what they're learning with their personal friends. For the minimum product, we've stripped out a lot of our social features anyway (in order to keep laser focus on solving the aggregation problem really well), but we will definitely be monitoring and evaluating feedback on this from our users.SEO
SEO ain't what it used to be. No one really knows what goes into Google's algorithm these days, and it's risky to rely too heavily on this approach (just search for 'panda impact' if you want to learn more about the fallout from a change in Google's algorithm). SEO changes are difficult to assess and can take months to fully develop. I'm guessing that Ed Republic also has a disadvantage from an SEO perspective because we will be aggregating content.Nevertheless, it'd be a mistake to ignore SEO entirely, particularly for the online learning industry which doesn't have an SEO leader yet. Our plan is to make sure we cover the basics, based on SEOMoz's Beginner's Guide to SEO and Google's SEO Starter Guide (PDF). Writing this blog is also a way for us to get unique content onto our site.