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Unlocking Growth

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Unlocking Growth
Building a sustainable growth engine
with the new rules of marketing.


“Most startups don’t fail at building a
product. They fail at acquiring customers.”
– Gabriel Weinberg


Startup Growth Pyramid
Growth
Stacking the Odds

Product/Market Fit
Source: Sean Ellis


Growth

Stacking the Odds

Product/Market Fit

Source: Sean Ellis


Get to Product
Market Fit First



What is Product/
Market Fit?
A large group wants/needs your product – it’s
a ‘must have’.


“Focus obsessively on getting to product/
market fit.”
– Mark Andreessen


Do you have PMF?
Ask “How would you feel if you could no
longer use the product?”


Source: Sean Ellis


“Very Disappointed”
0 – 25%

Keep burn low, engage, iterate

26 – 39%

Try repositioning, retargeting

40 – 100%


Proceed up pyramid


After PMF,
transition to
growth


Growth

Stacking the Odds

Product/Market Fit

Source: Sean Ellis


Race to scale

Instrument your product
Activate users
Increase exposure—the race to scale


Instrument your
product

Source data (referral source in user record)
Event & cohorts
Conversion rates

Engagement/retention
Lifetime value


Dave McClure’s
Pirate Metrics
Acquisition
Activation
Retention
Revenue
Referral


Find your metric
that matters

“x people did x searches in past week”
“y people visited my site x times last month”
“z users send n messages via my app each day”

Source: Josh Elman


Build a Value
Delivery Engine


Hook/
Promise


Build a must-have product
Understand must-have
experience (MHX)

Must-Have
experience

Calibrate hook & promise
messaging
Optimize flows to deliver MHX
Source: Sean Ellis


Steps for value
delivery engine
Understand
MHX

Macro
 
Optimization

Segment/
Personalize


Optimize Value
Delivery Engine



Successful optimization process
Funnel
Analytics

Test
Variations

Insights


Hook/
Promise

Goals

Max % that reach MH experience
Build desire, reduce friction

Must-Have
experience


Desire – Friction =
Conversion Rate
Source: Sean Ellis


PIE test
prioritization
Potential

Importance
Ease

Source: Wider Funnel


A/B test combos
Messaging

Flows

Hooks based on
intent/pain

Flows that reduce
friction

Promise based on
MHX

Flows that frontload
MHX

Clear description
of solution


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