Pivoting with limited data

The kaChing team is quick to note that because they’re still closing-in on product/market fit, they’re less data-driven than they plan to be once they’re in optimizing mode. “We create hypotheses, and test them,” says Rachleff. “If something fails, we cut it off. If something seems to succeed, we pursue it aggressively. You have to have the courage of your convictions. With limited data, you have to make tough decisions.”

via Lessons Learned: Case Study: kaChing, Anatomy of a Pivot.

Leave a Reply

You May Also Like

Sending better emails

We’re drowning in email. And the many hours we spend on it are generating ever more work for…

What do you want?

when the number of options is exploding, the opportunities go to someone who can describe something that’s not…