Good morning, Zurich startups and entrepreneurs!
Warmer weather is upon us, and it is glorious. Hopefully the heat of the sun and the prospect of vaccines is putting a spring in your step. I received my shot a few days ago, and it feels great 😀
Whether you are an entrepreneur, investor, or community partner, don’t forget to sign up for some amazing upcoming events and programs.
Stay healthy and safe.
Here are some upcoming deadlines for applying to accelerators, grants and funding, or other competitions. Don’t miss out! If you know of others, please submit any application deadlines and I’ll post them if they’re relevant.
July 4 - Swisscom StartUp Challenge
The Swisscom StartUp Challenge
starts into the 9th round. If you are a start-up or research team developing products, prototypes and solutions in the field of cyber security, then apply for an exploration programme with Swisscom’s cyber security community and take them to the next level. Apply by July 4th and with a bit of luck, you can expand your network in the Swisscom Outpost in Silicon Valley (US).
July 18 - Top100 Swiss Startups
Every year, the TOP 100 Swiss Startup Award showcases the 100 most innovative and promising Swiss startups, chosen by a 100-strong jury of leading investors and experts.
The TOP 100 Public Vote runs in parallel to the expert jury ranking and highlights an outstanding Swiss startup that will be celebrated on stage at the award night. From now until July 18, 2021, everyone with a LinkedIn account has one vote to choose the 10 most innovative Swiss startups
When Steve Blank uses the term ‘customer discovery’, or Eric Ries says ‘lean’, and ‘syncdev’ for synchronous customer and product development, we all mean much the same thing. But whatever you call it, putting the right form of customer engagement well in front of ‘design freeze’ is a breakthrough in the history of business processes for product development. Most important, without it you can’t, unless by chance, go to market with the Minimum Viable Product.
Running experiments over time to reduce uncertainty in new business ideas is deceptively difficult to do. We find that teams try the tactics of experimentation without first understanding the principles. I’ve spent a couple decades in the lean and agile communities, so the problem is not unique to experimentation. Teams quickly adopt the practices of agile and lean because they seem easy to replicate. Doing so however can be dangerous.
By deploying no-code solutions, startups can quickly validate ideas, get feedback from customers and connect people without the explicit requirement of having the detailed technical know-how.
Product market fit is a funny term, but here’s a concrete way to think about it. When people understand and use your product enough to recognize its value that’s a huge win. But when they begin to share their positive experience with others, when you can replicate the experience with every new user who your existing users tell, then you have product market fit on your hands. And when this occurs something magical happens. All of a sudden your customers become your salespeople.