In episode #1843, Neil and Eric speak to the biggest mistakes they have made while growing their software. Some of the main lessons our hosts learned include picking software with a large TAM and small churn rate, optimizing for customer development, and more!

TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: Mistakes That Neil and Eric Made While Growing Their Software.
[01:18] The danger of selling software with a small TAM and big churn.
[01:51] Doing customer development and remembering not to undercharge.
[02:58] Using the freemium model and having good onboarding.
[03:57] Continuously iterating and making your product better.
[04:05] Remembering to vet employees and have a focused offer.
[04:41] That’s it for today!
[04:42] Go to marketingschool.io/live to learn more about our upcoming live event.



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Links Mentioned in Today’s Episode:



Profitwell

Tomasz Tunguz

Openview



Leave Some Feedback:




What should we talk about next? Please let us know in the comments below
Did you enjoy this episode? If so, please leave a short review.





Connect with Us: 


Neilpatel.com
Quick Sprout
Growth Everywhere
Single Grain
Twitter @neilpatel
Twitter @ericosiu



Learn more about your ad choices. Visit megaphone.fm/adchoices

In episode #1843, Neil and Eric speak to the biggest mistakes they have made while growing their software. Some of the main lessons our hosts learned include picking software with a large TAM and small churn rate, optimizing for customer development, and more! TIME-STAMPED SHOW NOTES: <ul> <li>[00:25] Today’s topic: Mistakes That Neil and Eric Made While Growing Their Software.</li> <li>[01:18] The danger of selling software with a small TAM and big churn.</li> <li>[01:51] Doing customer development and remembering not to undercharge.</li> <li>[02:58] Using the freemium model and having good onboarding.</li> <li>[03:57] Continuously iterating and making your product better.</li> <li>[04:05] Remembering to vet employees and have a focused offer.</li> <li>[04:41] That’s it for today!</li> <li>[04:42] Go to <a href="http://marketingschool.io/live">marketingschool.io/live</a> to learn more about our upcoming live event.</li> </ul>   Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at <a href="http://www.marketingschool.io/pro">www.marketingschool.io/pro</a>   Links Mentioned in Today’s Episode:   <a href="https://www.profitwell.com/">Profitwell</a> <a href="https://tomtunguz.com/">Tomasz Tunguz</a> Openview   Leave Some Feedback:     <ul> <li>What should we talk about next? Please let us know in the comments below</li> </ul> <ul> <li>Did you enjoy this episode? If so, please leave a short review.</li> </ul>     Connect with Us:    <ul> <li><a href="http://neilpatel.com">Neilpatel.com</a></li> <li>
<a href="https://www.quicksprout.com/">Quick Sprout</a> </li> <li><a href="https://growtheverywhere.com/">Growth Everywhere</a></li> <li><a href="https://www.singlegrain.com/">Single Grain</a></li> <li>
<a href="https://twitter.com/neilpatel">Twitter @neilpatel</a> </li> <li><a href="https://twitter.com/ericosiu">Twitter @ericosiu</a></li> </ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or you're an established business, you'll learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing strategies that work today from people that actually practice marketing and operate businesses.
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In episode #1843, Neil and Eric speak to the biggest mistakes they have made while growing their software. Some of the main lessons our hosts learned include picking software with a large TAM and small churn rate, optimizing for customer development,...

Mistakes That Neil and Eric Made While Growing Their Software #1843

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa564209-8413-446b-9506-b0d20018c23b/transcript

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