In this chapter, you will learn what growth hacking is, when you should start with growth hacking, and how to implement a growth hacking process in your start-up. We define growth hacking as a creative, resourceful approach that uses innovative strategies to expand your customer base and increase sales. Differentiating between the early experimentation phase and the subsequent scaling phase of a start-up, we emphasize the necessity of achieving product/market fit before focusing on scaling. We then provide practical advice on creating growth equations to align activities with growth goals and offer a step-by-step framework to conduct growth hacking and iterate through growth initiatives. We offer advice for immediate action.

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Onwards and Upwards: Hacking Entrepreneurial Growth

  • Andreas Kuckertz,
  • Thomas Leicht,
  • Maximilian Scheu,
  • Indra da Silva Wagner,
  • Bernd Ebersberger

摘要

In this chapter, you will learn what growth hacking is, when you should start with growth hacking, and how to implement a growth hacking process in your start-up. We define growth hacking as a creative, resourceful approach that uses innovative strategies to expand your customer base and increase sales. Differentiating between the early experimentation phase and the subsequent scaling phase of a start-up, we emphasize the necessity of achieving product/market fit before focusing on scaling. We then provide practical advice on creating growth equations to align activities with growth goals and offer a step-by-step framework to conduct growth hacking and iterate through growth initiatives. We offer advice for immediate action.