New Course: What you need to go to market, engage with your customers, and win revenue!
With a flourishing mobile development industry, every smartphone user can do whatever they want from the comfort of their home. Nowadays, when everyone is staying at home, a mobile fitness app on the smartphone can act as a pocket dietician or a personal coach to guide and track a user's exercise activities. It’s a great time for entrepreneurs to create a fitness app. The growing adoption of smartwatches, smart bands, smart rings, and other wearable devices are leading to the expansion of the global fitness app market. According to a study published by Polaris Market Research, this market was valued at USD 3.15 billion in 2019. In this article, you can find valuable tips on how to create a fitness app and ideas for generating revenue with it.
Here is an exclusive peek into the minds of some of the most brilliant SaaS founders ever — including FYI's Hiten Shah, Moz's, and now Sparktoro's Rand Fishkin, ProdPad's Janna Bastow, KYT's Claire Lew, Wistia's Brendan Schwartz, and others! We have consolidated into 23 nuggets, lessons from 350K+ hours (144 years) of collective building. Here is a quick sample of the goodness: 1. On the necessity of eschewing “judo solutions” - from Know Your Team's Claire Lew Constraints have become something that I’ve changed my reception of, I think, slowly over time. Previously, I think I’d always been searching for the “judo solution” amidst constraints. That is, how can you get the maximum outcome by doing the least? And while that’s a useful frame for some problems, I think other times, in the face of certain constraints, it’s frustrating. For example, when you’re faced with certain constraints in your business (e.g., capital, people, time), yes, you can totally seek out the minimum thing to do that gets you the maximum effort. But also, I think if you want to create something special or meaningful, sometimes you have to accept that the constraint just means something will take more time – and that’s okay. 2. "Sustaining a business, through lean times, comes down to being able to be a cockroach.” - from ProdPad's Janna Bastow Sustaining a business, through lean times, comes down to being able to be a cockroach. It sounds gross, but cockroaches are able to live on very little and are hardy as anything. In business terms, this means operating with minimum excess overhead, and without running a month-on-month cash deficit. During this coronavirus crisis, it’s the businesses that are able to hunker down and not run out of runway that will see it through to the other side. 3. “You can put your thumb over the end of a hose…” - from Crossbeam's Bob Moore You can put your thumb over the end of a hose and it’ll cause water to come out faster, but it kind of masks how big the original opening actually is. The niche thing is like that – you can iterate more rapidly, get more pointed feedback, and generally create value faster by focusing on a core group. But it masks the data about the size and applicability to your total addressable market. That’s the tradeoff.
<p>Marc Andreessen explains the term as follows: Product-market fit means being in a good market with a product that can satisfy that market. Many people interpret product-market fit as creating a so-called minimum viable product, that addresses and solves a problem or need. It is a fundamental step that must be achieved both in startups and new portfolio products for enterprise companies before adopting a growth process.</p>