More Data = Better Decisions
You need real customer data to make an educated choice on which vertical to focus your business on.
Choosing a vertical to target without supporting customer data is a guess at best.
That's why early-stage start-ups shouldn't be too choosy.
Roughly speaking, there are two revenue tiers:
- Pre-500k: don't be too choosy, experiment, say yes a lot
- Post-$500k: mine your customer data, figure out who to start saying no to