Email Before Building
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A rapid approach to validating business ideas by testing market demand before building anything, exemplified by Airbnb's initial launch strategy.
Key Points:
-
Start With Minimal Testing:
- Send a simple email to target audience
- Example: Airbnb sent emails to design conference attendees offering couch space
- Test business concept before building anything substantial
-
Focus on Speed Over Perfection:
- Don't wait to be "ready"
- Skip traditional business planning
- Avoid getting caught up in:
- Business plans
- Business cards
- LLCs
- Social media presence
-
Get First Customer Quickly:
- Focus on getting first dollar/customer immediately
- Test if people will actually pay
- Move from idea to revenue as fast as possible
-
Real World Example - Airbnb:
- Started by emailing design conference attendees
- Simple offer: "Does anyone want to stay on our couch?"
- Grew from basic test into $100B company
- Didn't require Silicon Valley funding approach
- Validated concept in a weekend
The core message is about rapid validation through actual customer interaction rather than extensive planning or perfect execution.
07:01 - 07:25
Full video: 49:02NK
Noah Kagan
Launched AppSumo, a daily deals website for digital products, which now generates $100 million annually.
Former Facebook employee who played a key role in growing the platform's user base before departing in 2005.
Hosts the popular podcast "Noah Kagan Presents" and authored "Million Dollar Weekend," sharing insights on rapid business growth.