How To Make The Lust Last

Kevin Hale, partner of Y Combinator and founder of Wufoo, recently gave a fab presentation at Stanford as part of the “How To Start a Startup” course. I LOVE these sessions. It’s so great to gain perspective from those who’ve been successful putting their lessons into practice.  You know the saying “those who can’t do, teach?” Not the case with this series of guest lectures.

Aside from the fact that Hale is an entertaining and colorful presenter, he uses dating and marriage analogies when discussing how to build a product with the goal of being embraced by a target audience.  How apropos…totally appeals to my romance author side.

Some key points he hits on are as follows:

  • Build a passionate user base
  • Give them something that will make them successful in some recognizable way
  • Focus on the value used to get your first dollar or customer…if you figure that out, it will help guide you along the path to your first million (with a little luck and a lot of capital – those are my two cents)
  • Build a product you want people to love and form a relationship with

Hale likens attracting a new user to dating and keeping existing users to marriage.  Very clever.

Think about it…when you’re dating, everything is new, exciting, intriguing. First impressions are absolutely key. Little romantic gestures make you melt, butterflies are constantly fluttering about in your belly when you think about the person. It’s pure bliss, right???

Value is established.  But how do you make those feelings last? Because anyone who is in a long-term relationship knows the excitement dies down after a while and it’s only a matter of time before the “dew is off the rose.”

So how do you maintain that value?

You need to keep things fresh and different…always looking for opportunities to enhance.  You can’t sustain a meaningful relationship unless you take your partners’ wants and needs into account and these WILL evolve over time. Trust me. =)

Cater to your faithful customers. Don’t take them for granted. Talk to them, LISTEN to their feedback and incorporate it into your product base to the best offerings possible.  If you want to maintain a healthy rapport with your users, you need to be flexible, communicative and willing to compromise.

 

Recipe For A Startup Romance

If you saw my last post “Wanna Learn How To Start A Startup?” you know that running a startup is pretty much a 24 x 7 gig, which begs the question, are there any slivers of time in a given day dedicated to dating and romance? I mean, even entrepreneurs need love, right?

Interesting and intriguing questions, considering I’m a romance author and I basically create love stories out of circumstances that wouldn’t ever materialize in reality.  I can make anything happen…to anyone…and find the perfect resolution for all to end happily.

Courtesy of Entrepreneur

Courtesy of Entrepreneur

But in the real world, things aren’t so simple. They can’t be handled with a few clicks on a keyboard and a couple of glasses of wine.

The Truth About Entrepreneurship And Dating

I read about a company called Underground Attached, a unique dating experience that brings together 40 (20 men and 20 women) prescreened, like-soul and like-minded people for an evening of play (no, get your minds out of the gutter) and hopefully, a few love connections. Put a roomful of driven, ambitious professionals together and hopefully, sparks will fly…as long as they can stay off their iPhones, Galaxies and CrackBerries long enough to exchange business cards.

39 Signs You’re Dating An Entrepreneur

Sounds good in theory.  Of course, if all else fails, they could also find solace in using my brilliant app idea to build their own virtual reality porn star and their own…well, read the post if you can’t figure it out.

Maybe entrepreneurs should look at potential mates as prospective “investors.” You want someone who will support your goals and help drive you to achieve, someone who understands what it takes to be a success and will be patient waiting for the big returns.

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