psg
Joined 16 years ago
Joined 16 years ago
If I want to test whether the project could turn into a sustainable business, I'll take a few days and create something minimal. This allows me to get the solution "out of my head" and ensure I actually want to work on it. In parallel, I'll start defining potential market segments and the problems the project could solve (C-P-S). This starts the process of customer development and trying to determine problem/solution fit. I'll then tailor the project based on actual metrics and user interviews.
Ironically, I've felt this way for a while and created a website to test this theory.
If possible, I think the "best of both worlds" solution is to have an open beta, but encourage users to invite friends by offering something other then early access. I do this with my startup and it has helped get the word out.
Also appreciate the feedback on the video.
Your project is based on your assumptions on what customers wants. You now need to discover whether those assumptions are true (facts) or completely wrong. If they turn out to be true, then you're on to something.
Don't give up. Even if your assumptions turn out to be wrong, 'failures' are part of the process, and you can use what you learned on your next quest for a sustainable business.