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billion, your current distribution network can only reach 5 million. Be realistic about who you’re targeting so you can take a focused approach to creating a minimumviableproduct. And use CRM data to find the average revenue per user. This means your SAM is 5 million customers, representing $300 million.
Luckily, there are all sorts of things you can do invite luck: Lucky people network. In the long run, it’s better to focus on developing a minimumviableproduct , launching, and optimizing based on feedback, rather than trying to get it right the first time with an untested idea of a “perfect” product.
Test demand with a minimumviableproduct: Create a simplified version of your product or service to test its performance in the real market. Old-fashioned networking and word-of-mouth can also help you gain traction. Improve productivity by getting the right CRM software.
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