Try Blinkist to get the key ideas from 7,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trialBlink 3 of 8 - The 5 AM Club
by Robin Sharma
How to Talk to Customers and Learn If Your Business is a Good Idea When Everyone is Lying to You
'The Mom Test' by Rob Fitzpatrick is a guide for entrepreneurs on how to ask questions that actually validate their business ideas without bias or false assumptions. It emphasizes on asking good questions that provide genuine data and prevent the loss of valuable resources.
An important part of being a skilled entrepreneur is asking the right questions. Good questions are the key to developing and advancing your idea.
So stop talking about your idea and start asking about it. Ask your potential customers about the problems they have and the kind of solutions they’re looking for. See if you’re on the right track to offering them something they need.
Imagine your target customer base has a problem with Excel, for example. If they can find a cheap, effective way around that problem, don’t waste time and money producing an alternative application for them. They won’t need it.
Asking good questions also helps you collect the right kind of data. “Good” data is data that tells you what your customers are looking for and what they’re willing to pay for it.
Let’s say your idea is for a paid app that offers daily recipes to stay-at-home moms. It wouldn’t be effective to merely ask some moms if they’d be interested in such an app. Instead, ask if they ever have trouble finding new recipes and how they go about looking for them.
If your target customers can easily find recipes online, they probably won’t pay for your app. That’s the kind of feedback you need.
“Bad” data, on the other hand, misleads you. When coworkers or friends give you insincere compliments or tell you white lies because they don’t want to be rude, that’s bad data. They might also make vague statements about possibly investing in you in the future – don’t take these empty promises at face value.
The two most important types of conversation you’ll have when founding a business are those with potential customers and those with potential investors. The Mom Test (2013) offers advice on nailing the information you really need from these meetings, and ensuring your business has the best possible foundation for success.
The Mom Test (2013) is a practical guide for entrepreneurs seeking to validate their ideas by having honest conversations with potential customers. Here's why this book is worth reading:
You shouldnt ask anyone whether your business is a good idea.
It's highly addictive to get core insights on personally relevant topics without repetition or triviality. Added to that the apps ability to suggest kindred interests opens up a foundation of knowledge.
Great app. Good selection of book summaries you can read or listen to while commuting. Instead of scrolling through your social media news feed, this is a much better way to spend your spare time in my opinion.
Life changing. The concept of being able to grasp a book's main point in such a short time truly opens multiple opportunities to grow every area of your life at a faster rate.
Great app. Addicting. Perfect for wait times, morning coffee, evening before bed. Extremely well written, thorough, easy to use.
Try Blinkist to get the key ideas from 7,500+ bestselling nonfiction titles and podcasts. Listen or read in just 15 minutes.
Start your free trialBlink 3 of 8 - The 5 AM Club
by Robin Sharma
What is the main message of The Mom Test?
The main message of The Mom Test is to help entrepreneurs ask the right questions to get valuable feedback and avoid wasting time.
How long does it take to read The Mom Test?
The reading time for The Mom Test varies based on the reader's speed. However, the Blinkist summary can be read in just 15 minutes.
Is The Mom Test a good book? Is it worth reading?
The Mom Test is a valuable read for entrepreneurs. It provides practical guidance on how to talk to customers and validate business ideas.
Who is the author of The Mom Test?
The author of The Mom Test is Rob Fitzpatrick.