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thinbeige | 8 years ago
Yes, yes and yes. But this is so easy said but still a struggle and need to be put into perspective. Let's say we do a super simple business, eg a resume writing service on scale (just for the sake of having a simple example). To be ready to reach out to first customers we need to...
- Setup a landing page, takes ten minutes with Squarespace but to get all the copy and visuals right or least good enough for some first testing, min one day, rather three to five
- Setup and prefill all social media channels, should take half a day incl getting the first 25 likes in order to save the name
- Create the first ads and iterate to some ads which actually convert at good CTRs/CPCs take multiple days because you need to let a campaign run at least for one day; so lets assume another five days
So just to test this stupid-simple agency business properly we need already two weeks.
Now imagine, you do something a bit more sophisticated, an actual app/SaaS/game/bot/whatever, you still need minimum two weeks for the 'Marketing' stuff before plus the time for the actual app. And being mediocre doesn't work in highly competitive markets.
So, if you are able to (1) build a first testable thing in 2-4 weeks you are very good. And you are even better if (2) you have the power and positivity to do 12 tests per year because you need more than one shot.
adamqureshi|8 years ago
tomerbd|8 years ago
jhgaylor|8 years ago
I wish I saw the battery size on each listing over by the price and mileage though. One of the first ones I ready even said it was both a 60 and a 90 in the description.
tomerbd|8 years ago
laktek|8 years ago
However, two weeks ago I took a step back and thought what if we can ship a product in 48 hours and get people to pay. The result of it was Page.REST. In reality, it still took 7 days to launch it properly, but it had 10 people paid customers after the first day in business. That was a revelation to me and gave me a different perception of the approach.
I can attest being in the market is the best way you could learn and iterate a product (no matter how simple & rough the early version looks).
PS: I blogged some of my learnings from shipping Page.REST - https://www.laktek.com/what-i-learned-from-building-pagerest...
justboxing|8 years ago
rgbrenner|8 years ago
If your product is just a squarespace page... then that's the entire part of that step.
Do that, and then go talk to your customers. The rest of that is just procrastination, and frankly a waste of time and money at that stage... because there's no way you have product market fit that early, so why are you buying ads?
thinbeige|8 years ago
I don't care about Facebook and even if my product hasn't any relation to FB, Twitter, etc. At some point you probably need them anyway, eg for ads and then you must have a FB company page and thus a handle/account.
The best time to get those social media accounts is when you got the product domain name. The wise founder checked if the respective social media handles were free before he registered any domain name. You can also wait of course few months and register a cumbersome handle because somebody else took the the handle then.
My message was: Just setting up the foundation of a product and a company--and by foundation I don't mean the actual product--is already a lot of work.
borplk|8 years ago
akelly|8 years ago
briandear|8 years ago
wpietri|8 years ago
Startups are pursuing some sort of radical improvement on the status quo. For that, there should be early adopters, people who care a great deal about your kind of improvement. People who are willing to sacrifice the normal kind of good for your specific kind of great.
There's nothing wrong with being a new business, with wanting to deliver a mousetrap that's 20% better than existing mousetraps. But it's a very different kind of thing than doing a startup, and I think it's dangerous to apply one sort of conventional wisdom to the other.
erispoe|8 years ago
Then you're probably addressing the wrong market. I found _The Innovator's Solution_[1] by Clayton Christensen pretty useful to understand that. You want to address a market that is underserved or not served at all by the existing big players. Often, it's by providing a service that is much simpler, much less powerful, but cheaper and/or more accessible than the existing solutions.
[1]: https://www.amazon.com/Innovators-Solution-Creating-Sustaini...
Mz|8 years ago
You are welcome to join Health Techies:
https://groups.google.com/forum/?nomobile=true#!forum/health...
tomerbd|8 years ago
brianwawok|8 years ago