I prefer a more passionate customer base and work from there, just because I think your biggest competition when you're really innovating is just being irrelevant.
The original growth hacker reveals his secrets
September 05, 2024
Featuring: Sean Ellis (Author of Hacking Growth, Original Growth Hacker)
9 quotes · 9 insights
Watch Full EpisodeBe someone's favorite, not everyone's second choice
Don't trust your first answer - dig deeper
It often comes down to asking the right question at the right time in how you figure things out.
Go deeper than surface requests to root causes
A problem well stated is a problem half solved. I think a lot of it comes down to not the things you try, but how you deeply understand the problem that's preventing someone from using your product effectively.
Data tells you what, not why
I started finding that my experiments were so much better the more I talked to customers, and eventually I became very much... The blend of qualitative and quantitative research leads to much better tests.
Your non-customers teach you more than your fans
Just ignore the people who say they'd be somewhat disappointed. They're telling you it's a nice to have. If you start paying attention to what your somewhat disappointed users are telling you and then you start tweaking onboarding and product based on their feedback, maybe you're going to dilute it for your must have users.
Word-of-mouth beats paid channels
Before the referral program, Dropbox had amazing referral rate. Companies that are trying to copy it are like, 'Why isn't anyone talking about a product? Let's add a referral program with incentives.' To me, I think it's a great accelerant when it's already working, but it can't fix it if people don't want to talk about your product.
Focus on customer value creation, not internal metrics
When I first moved to Silicon Valley... you have people who get really excited about technology for technology's sake. And so just something being cool is like, 'Isn't it cool that we can actually do this?' drives a lot of people. And so to me, I'm very practical. If it's not something that is really bringing value to people, then the likelihood that that product's successful long-term is going to be pretty low.
Fix conversion before scaling acquisition
Customer acquisition is so hard that if you're not really efficient at converting and retaining and monetizing people, you're going to really struggle on the customer acquisition side.
Your career is longer than you think - play accordingly
Focus on reputation and learning over earnings has served me super well.