A few years ago, I developed a pre-product matrix called the ‘123*’. It helps aspiring entrepreneurs take small, actionable steps. This approach allows them to start building value instantly.
The concept is simple: It’s as easy as 1-2-3! 😜
This framework is designed for anyone asking the question, “How do I start?”
Having used this approach successfully in the past, I am confident it can help you too.
How It Works:
- Name your ‘baby’ and describe your idea in a single tweet.
- Visualize your idea on one page. Use a blank piece of paper, PowerPoint, Excel, or any tool you prefer.
- Share your ideas with close family and friends. Gather their feedback and handle their questions to refine your concept. (Cost: $0, Time: 1 day)
- Create a Pitch Document using a template.
- Develop your Value Proposition tailored to your target audience. Use free no-code tools to prototype your product.
Reach out to your audience via message or email with a clear call to action for signup. Ask for feedback and incorporate it into your prototype. Repeat this process until you achieve a high signup rate of 20 – 40%+. (Cost: $0, Time: 7 days)
