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What is a Lean Startup?

05/15/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A Lean Startup is an approach to business creation and development that focuses on rapid prototyping, iterative development, and customer centricity.

The concept of Lean Startup was developed by Eric Ries and is based on the idea of Lean Manufacturing, which focuses on optimizing production systems. The goal of the Lean Startup is to minimize the risks of starting a business by quickly and cost-effectively testing whether the business model works.

A Lean Startup uses a combination of scientific method and agile principles to quickly get feedback from customers and improve the business model. This often involves developing and testing prototypes or minimal versions of a product or service to quickly learn what customers want or what works and what doesn't.

Through this iterative development and continuous feedback from customers, lean startups can quickly make adjustments and adapt their business model before investing too much time and resources in something that doesn't work. This allows them to get to market quickly, save costs, and increase their chances of success.

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How do I get a volunteer position?

05/10/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

There are several ways to get a volunteer position in a newsroom. Here are some steps you can take:

Research: identify newsrooms you'd like to work for. Look at what media and publications they produce and what topics they cover.

Make contacts: look for contacts in the editorial offices where you would like to apply. Check out the newsroom's website to see who is in charge of human resources or editorial management and try to contact them. You could also try contacting editors or editorial staff via social media or LinkedIn.

Application: write a compelling application explaining why you want to volunteer in this newsroom, what experience and skills you bring to the table, and what you hope to gain from the experience. You should also include your portfolio or samples of your work to support your skills and experience.

Internships: Also consider doing internships in newsrooms in the meantime to gain experience and make contacts. Internships can often be a stepping stone to a volunteer position.

Network: Go to events and conferences hosted by journalists and editors to expand your network and make contacts. This is also a great way to hear about new opportunities.

It's important to be persistent and determined when pursuing a volunteer position in a newsroom. It can be a challenging and competitive industry, but showing passion and commitment will increase your chances of achieving your goal.

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Establishing journalist contacts - How to get into trade media

04/04/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

If you want to be featured in trade media as an expert, there are some steps you can take to improve your chances. Here are some tips on how you can build journalist contacts and get into trade media:

Identify relevant media and journalists: find out which media and journalists are active in your industry and what topics they cover. Follow their articles and posts and pay attention to their interests and focus.

Make contacts: try to build personal relationships with journalists. Email or call them to introduce yourself and express your interest in their work. Make sure you are friendly and professional and don't send pre-written press releases.

Offer relevant content: When speaking with journalists, offer relevant and interesting content that may be of interest to their audience. Be prepared to share your views and opinions and explain how your expertise can help shed light on a particular story or topic.

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How do I get more media requests?

03/30/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Here are some tips that can help you get more media requests:

Build relationships: Build relationships with journalists, editors and other relevant people in the media. Participate in networking events, attend conferences and events, and make contacts.

Update your online presence: regularly update your website, blog and social media profiles to ensure they are current and relevant. Make sure your contact information is easily accessible so journalists can reach you easily.

Be proactive: Actively introduce yourself to journalists and editors and offer to serve as an expert on your topic. Write specifically to relevant media to offer your story or topic.

Offer news and information: Make sure you have relevant and timely news and information available for journalists. Share important data, statistics, case studies or success stories that may be of interest to the media.

Be quick: When contacted by a journalist, respond quickly and professionally. Keep your response to the point and make it easy for journalists to work with you.

Use a PR agency: if you don't have the time or resources to do your own PR, you can hire a PR agency to help you get your story and your company in the media.

By implementing these tips, you can increase your chances of journalists taking notice and considering you for future media inquiries.

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How to develop an advertising strategy for more success

03/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A successful advertising strategy requires careful planning and execution. Here are some steps you can take to develop an advertising strategy that will lead to greater success:

Target Audience Analysis: identify your target audience and their needs. Define who your target audience is, where they can be found, what their interests are, and what problems they have that your products or services can solve.

Goal setting: define your goals and measure the success of your advertising strategy. Set realistic goals and measure the success of your promotions to ensure you are on track.

Budget planning: set a budget for your advertising strategy. Determine how much you want to spend on advertising and what type of advertising will be most effective for your target audience.

Select channels: Select the channels you want to advertise on. Analyze which channels are most relevant to your target audience and use them to place your ads.

Develop message: Develop a message that appeals to your target audience and portrays your brand or products in a positive light. Make sure your message is clear and concise and highlights the benefits of your products or services.

Timing: Set a schedule for your promotions. Determine the optimal time to reach your target audience and plan your promotions accordingly.

Monitor and adjust: Monitor the success of your promotions and adjust your strategy accordingly. Analyze the results of your advertising and make changes to optimize your strategy and achieve your goals.

By taking these steps and developing a carefully thought-out advertising strategy, you can effectively reach your target audience and increase your chances of success.

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