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Alchemist Blog

Alchemist Press

Alchemist Blog

Alchemist Press

How One Hour of Customer Development Saves Five Hours of Coding

The greatest expert on your customer is: your customer. I consider that rule number one on any customer development journey.

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Do Pivots Matter?

In late 2013 Cowboy Ventures did an analysis of U.S.-based tech companies started in the last 10 years, now valued at $1 billion. They found 39 of these companies. They called them the “Unicorn Club.”...

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Strategy is Not a To Do List

I had breakfast with two of my ex-students from Singapore who were building a really interesting startup. They were deep into Customer Discovery and presented a ton of customer data on the validity of their...

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Funding Basics: Customer Development

Entrepreneurs take note. More startups fail from a lack of customers than from a failure of product development. That’s why I believe strongly that every new product company should have a methodology for develo

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Funding Basics: Adopting the Best Business Model

The culture of nearly every business-to-business software startup centers on products. Everyone talks about product innovation and disruptive technology, but I think today’s founders need more than...

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Not BI, AI

A product business can double its revenue and quadruple its margins by moving to a service business. What is service? It's information, personal and relevant to you.

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Service is Not Break-Fix

As a student of business, you may have come to realize that with a recurring-service-revenue business, you can not only double the revenues of the company, but also quadruple the margins. I recently spoke...

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CANDID CONVOS: Angel Fundraising with Ahryun Moon, CEO at Goodtime.io

Ahryun Moon is CEO and Co-founder at GoodTime.io, a recruiting enablement platform that automates interview scheduling for companies like Airbnb, Stripe, Yelp, Thumbtack and more. She is a financial...

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