As a part of the https://Startup.Vegas community, this is the first ReadUp where we read and discuss a startup related book!
This month we read The Mom Test! (https://amzn.to/3SxANLv) The Mom Test is a must-read book for every entrepreneur trying to find their product market fit. Without the tools and resources from The Mom Test, you will likely end up with bad data that has you wasting money where you shouldn't. Don't be a fool. Read this book first!
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ReadUp - The Mom Test
1. THE
MOM
TEST
Rob Fitzpatrick
How to talk to customers and learn if your business is a
good idea when everyone is lying to you
KENNY ELIASON | CEO @ RECORD
3. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
THE MOM TEST:
Talk about their life instead of
your idea
Ask about speci
f
ics in the past
instead of generics or opinions
about the future
Talk less and listen more
14. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
How do you know youre getting the most value from insurance
companies?
How do you know what a good case is?
Potential failure points * Data collection * Adoption of practices
to help collect data *
24. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
Im going to be building a new software for personal injury cases
that will possibly operate in conjunction with currently existing
case management softwares.
Im at the very beginning of the process so I have nothing to sell,
nor do I intend to pitch you on any speci
f
ic ideas.
Since youre an expert in the
f
ield, I was hoping to discuss the
personal injury industry with you to learn a little about how you
handle cases and where you feel the industry might be lacking.
Would you have some time, probably after youre back, maybe we
could do a zoom? You name the time and place and I will make it
happen. Thanks!
25. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
Im going to be building a new software for personal injury cases
that will possibly operate in conjunction with currently existing
case management softwares.
Im at the very beginning of the process so I have nothing to sell,
nor do I intend to pitch you on any speci
f
ic ideas.
Since youre an expert in the
f
ield, I was hoping to discuss the
personal injury industry with you to learn a little about how you
handle cases and where you feel the industry might be lacking.
Would you have some time, probably after youre back, maybe we
could do a zoom? You name the time and place and I will make it
happen. Thanks!
Vision
Framing
Pedestal/
Weakness
Ask
27. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
Key Skills:
Ask good questions
Avoid bad data
Keep it casual
Push for commitment & advancement
Frame the meeting
Customer segmentation
Prepping & reviewing
Taking Notes
Cheatsheet
28. THEMOMTEST
Rob Fitzpatrick
KENNY ELIASON | CEO @ RECORD
The Mom Test:
Talk about their life instead of
your idea
Ask about speci
f
ics in the
past instead of generics or
opinions about the future
Talk less and listen more
Cheatsheet
29. THE
MOM
TEST
Rob Fitzpatrick
How to talk to customers and learn if your business is a
good idea when everyone is lying to you
KENNY ELIASON | CEO @ RECORD