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adding further notes to transcript of latest talk
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content/posts/190626-dev-led-sales-startups.markdown

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@@ -234,7 +234,10 @@ once you launch.
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<div class="row talk"><div class="c6">
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<img src="/img/190626-dev-led-sales/17-global-more-devs.jpg" width="100%" class="shot rnd outl" alt="Over time many more developers use your product.">
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</div><div class="c6"><p>
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When you are successful, more and more developers use your products and
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serve as indicators that your product is solving a real problem. Those
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developers can be your first hook into larger deals with organizations
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where those developers work.
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</p>
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</div></div>
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@@ -249,21 +252,37 @@ tried-and-true traditional sales motion?
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<div class="row talk"><div class="c6">
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<img src="/img/190626-dev-led-sales/19-solving-problem.jpg" width="100%" class="shot rnd outl" alt="Solving a worthwhile developer problem.">
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</div><div class="c6"><p>
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First, you need to be solving an actual problem that developers recognize
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is an issue for them that they themselves would not want to solve. This is
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a high bar that non-technical founders often take for granted when
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pitching their product.
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</p><p>
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Is the problem your product solves... actually a problem worth solving?
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</p>
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</div></div>
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<div class="row talk"><div class="c6">
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<img src="/img/190626-dev-led-sales/20-explain-devs.jpg" width="100%" class="shot rnd outl" alt="How to explain your product to developers.">
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</div><div class="c6"><p>
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Second, you need to be able to properly
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<a href="/blog/explain-products-developers.html">articulate the problem that you solve</a>
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to developers. That is an unexpectedly large challenge if no one on
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the founding team of your tech startup is a developer themselves.
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</p><p>
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That link contains the slides and a loose transcript to another talk
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that provides some guidance around telling your product's story
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to developers.
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</p>
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</div></div>
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<div class="row talk"><div class="c6">
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<img src="/img/190626-dev-led-sales/21-cac-ltv.jpg" width="100%" class="shot rnd outl" alt="At an early stage you may not know your CAC and LTV but you should have a hypothesis for what they could be.">
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</div><div class="c6"><p>
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Third, even at an early stage you should have some understanding of
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your own business model. The business model should include a working
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hypothesis for both the cost of customer acquisition (CAC) and lifetime
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value of a customer (LTV). Also, does the revenue derived from your
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customers match a standard distribution or a power law distribution?
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</p>
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</div></div>
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