This is week #2 of updates from our Summer’23 cohort.
Before we jump into Mateusz’s update for the week, here is a short note he wanted me to share with y’all:
Our initial description of Epinote was hard to digest. Feedback taken! So Epinote is a firm that provides services to business clients that require a lot of hours of manual work. Please think of us as Fiverr or Upwork, but with an assigned project manager (in the future self-service platform) that manages not one worker but even 50+ workers to do your job (easy, high-volume manual tasks such as web research, preparing lead bases, cold calling, web scraping competitors pricing).
Here is Mateusz’s update on Epinote - week #2.
Mateusz’s Weekly Update
Elevator pitch 🛗
Epinote provides services to business clients that require a lot of hours of high-volume, manual tasks such as web research, preparing lead bases, cold calling, web scraping competitors pricing, etc.
Where is my 🧠
- We’ve been interviewing clients and advisors from the sales segment mapping out the problem space – no research, competitors’ benchmarking, or gut feel beats talking to real customers.
- We’ve built the first low-code prototype as planned.
- Brainstormed how to combine product discovery challenges with ongoing organisational priorities i.e., service delivery.
- Prepared for meetings with investors
- Still not enough focus – we’re jiggling multiple problems at once
- The spectrum of client pain points in the field of outbound sales is extremely vast, we’re still on the lookout for the killer opportunity to double down on
- Keep interviewing – we assume we still don’t know the problem area well enough
- Organise our discovery framework better as we get many insights from iterating over it
- Discuss our initial progress and findings with investors
Where is my ❤️
We’re tired after a long week of discovery and combining it with everything else on our plate. Although the level of satisfaction coming from hearing first-hand about the exact problems you want to solve from the 5th client in a row gives us a huge motivational boost to keep going 💪
Tips to share 🎁
Focus is the key. At first, we were solving multiple problems of varied clients who were acquired by all different types of acquisition channels. Now we know that the success is to find a small client niche (a group of similar firms) that has a similar problem that we can solve and focus on finding the most effective acquisition channel (e.g. paid ads, outbound mailing, content creation).
See you next week!
Inspired? Time to engage!
Join our community and start working on your business idea:
If you are new here - welcome! My name is Marcin and I believe that anyone can become a successful entrepreneur. I was nudged by two friends in my 20s to start a company, and it changed my life. I now made it my life’s mission to pay it forward and nudge the next generation of entrepreneurs into starting their first business.