Before we arrived at Whizmeal today, we went through a series of adventure. We didn't settle on a specific model but rather settled that we are keen to find the most appropriate model. Today two years on, we are still fine tuning our model. I have two lessons to share today:
1. Try, try and try
In a startup scenario like ours, uniquely, our competitors are deemed to be in a different playing field and in different segment: on one spectrum we have large scale food operators and on the other tail, we have payment solutions for schools. Both service the needs of the schools differently. Well, the key would be to find the shortest path to your customers needs and how to reach out to these specific customers who require your services.
2. Learn, learn and learn faster
In a startup scenario, you have no luxury of extensive resources. Make do with what you have. Yes learn the best practices. Learn how to apply to your own business. Learn how to perform key functions better. Learn to learn and re-learn again. Situation changes and we may have to adapt accordingly. And yes, accept that it's not the best product that wins, it's the product that closest to the needs of your customers and how they understood your service delivery to fulfilling what they need (or what they think they need).