The minimum viable audience with Alan Wick
from Happy MBA
When you're launching a new product or business you're going to want to focus down on who you really want to help because if you talk to everyone you talk to no one. In this episode I discuss with Alan Wick the idea of the minimum viable audience. Rather than trying to go broad and sell to everyone you should pick the people who'll love what you do and find out what their dreams, wishes, hopes and fears are. All too often entrepreneurs start with an idea and then try to push it onto anyone in earshot. Instead be clear about who you want to help and what you want to help them with. You can then develop the right product and position it in the right way so your audience understands what you offer and the value it provides. This will make selling more effortless. You may only need 1,000 or even 100 customers to make a successful business. But unless you can define your MVA the you'll never know.
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