Question

ideal response to this discussion? There are four steps in the Customer Development process. These four...

ideal response to this discussion?

There are four steps in the Customer Development process. These four steps are customer discovery, customer validation, customer creation, and company building. There are 14 rules that make up the Customer Development Manifesto. In my opinion, I think that all of them are very important but the one that is the most relevant and critical for founders is number five. This rule says that no business plan survives the first contact. I think it is very important for an entrepreneur to understand that failure and hardships are going to happen along the way. A lot of times when people see that things do not work out for them right away, they just give up. As a founder and an entrepreneur, giving up is not an option if they want their business plan to work. If you look at some of the biggest companies that exist today, they all faced failure and hardships at some point but kept working through that. Determination and attitude towards failure are what separates a great business from others. To me, it is the most critical rule a founder has to follow.

Homework Answers

Answer #1

Completely agree with the above statement, as being an entrepreneur is not easy and success doens't comes cheap.There are many entrepreneurs who at a point of time in life apni lost the hope of being a successful person but what differentiated them from other is that never giving up attitude.

If we take the example of Steve jobs, when he said he'll introduce a touch screen phone,at first everyone laughed at him but now apple is trend setter.

Ups and downs are always going to be there in life but one should never give up in order to succeed.

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