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by Jugurtha 356 days ago
It could be a variety of things and we lack information, so I'll give a, hopefully useful, generic answer.

>We did get some validation and we are generating low 3 digit revenue. But, that’s not enough.

- Does your product save money, make money, or make life "easier"?

- Did your users find you or did you find them?

- How many people have you talked with and what have you learned?

- How did your users find you?

- How did you find your users?

- What do they have in common?

- Are they in the same industry?

- Are they in the same function?

- Have you talked with them?

- What is it that they're trying to accomplish with your product? (I'm not asking you what your product does, I'm asking what they are trying to do)

- How do they describe your product? Are there words that come up again. Do they describe it differently than you do?

- What is your conversion graph (or "funnel" with the different drop-offs) like?

- What's your product's sale complexity? (high touch? low touch? do they self-serve? Do they need a demo? Do they struggle?)

- Is the user the person who pays for the product or is it someone else?

- What's your features usage like? (are they using all the features and if not, why not and what are they using to solve the problem you built the features to solve?)

- What did the people who said "NO" tell you? What are the reasons they will not use your product?