It's essential to track unit economics closely, especially in businesses with thin margins, to optimize costs and focus on advertising channels that attract high-revenue, low-cost customers.

It's not just about having a viable product; it must also be a valuable product that addresses real customer needs.

As businesses scale, they care about two things: how much they spend and how much they make. We need to be better at showing how our product impacts those numbers.

Your product should provide value quickly to avoid losing customers who expect rapid payback on their investment, and self-proving value through analytics is essential to demonstrate the value delivered from day one, making it clear to customers how much they benefit.

Building a minimum viable product is crucial; it helps demonstrate that the technology is feasible and can generate interest from potential investors.

Metrics are essential in product development as they provide a numerical representation of the value we deliver to customers. It's important to measure not just internal metrics but also how well customers achieve their goals using our product.

To succeed, you need to demonstrate that you can effectively sell your product and convince customers, rather than just focusing on product development.

It's essential to understand that while the product is crucial, leveraging data effectively can provide significant business advantages.

To create a valuable business model, focus on reducing customer acquisition costs while enhancing customer lifetime value through retention and upselling strategies.