YC Lecture 6- Growth(Alex Schultz)
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- This lecture focuses on the importance of retention for growth in a company. It emphasizes the need for a North Star metric and identifying the “magic moment” that keeps users engaged. The lecture also discusses the tactics of internationalization, virality, SEO, email marketing, and push notifications. It highlights the need for deliverability and compelling content in email, SMS, and push notifications. The lecture concludes with the importance of speed and execution in achieving growth.
Highlights
- Retention is the key to growth, and a great product leads to customer retention. 📈
- The entire company should be the growth team, with the CEO setting the North Star metric. 🌟
- Understanding the “magic moment” that hooks users is crucial for success. ✨
- Tactics such as internationalization, virality, SEO, email marketing, and push notifications can drive growth. 🚀
- Speed and execution are essential in achieving growth. ⚡️