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A startup has been building a social networking platform for professionals for over a year but has very few active users. What action should the startup consider based on Lean Startup principles?*1 pointContinue refining the platform's existing featuresBegin marketing the platform more aggressivelyPivot by exploring different user segments or featuresGive up on the project entirely

Question

A startup has been building a social networking platform for professionals for over a year but has very few active users. What action should the startup consider based on Lean Startup principles?*1 pointContinue refining the platform's existing featuresBegin marketing the platform more aggressivelyPivot by exploring different user segments or featuresGive up on the project entirely

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Solution

Based on Lean Startup principles, the startup should consider pivoting by exploring different user segments or features. This approach is about making fundamental changes to the product or target market based on feedback and learning from the initial product launch. It's about finding a product-market fit. If the current user base is not active or growing, it may indicate that the product does not meet the needs or expectations of the target market. Therefore, exploring different user segments or features could help the startup find a better product-market fit and increase user activity.

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