EPISODE · Oct 8, 2024 · 33 MIN
The "we made up our own market" edition
from Traction Lab Podcast · host JDM and Cameron Law
In this episode of the Zero to Traction podcast, JDM and Cameron discuss the importance of understanding the competitive landscape for startups — and the biggest competition mistakes founders make during the pitch.They address the common pitfalls founders face, such as not identifying competitors, underestimating competition, and entering non-existent markets.The guys emphasize the need for startups to articulate their differentiators clearly and understand their customers’ pain points. They also explore how a thorough competitive analysis ties into other business model components, like customer personas, market timing, and go-to-market, TAM, and more.The episode highlights the interconnectedness of pitching and real business foundations, offering insights on making a startup more investor-ready.Plus, frivolous thoughts! JDM talks shifting business models in “Only Murders in the Building”, and Cameron wonders what’s going on with The Great British Baking Show this season. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit zerototraction.substack.com
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The "we made up our own market" edition
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