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>especially first time entrepreneurs I disagree. We know that most first time entrepreneurs will fail. Not b/c of a terrible idea but because of lack of experi
by jonwachob91 10y ago
>especially first time entrepreneurs
I disagree. We know that most first time entrepreneurs will fail. Not b/c of a terrible idea but because of lack of experience. Someone's first venture should be relatively easy, not necessarily a great idea or even an idea that can raise funding.
You mentioned in another comment a bill splitting app, definetly an itch, nothing unique, and in itself will never become something special. BUT the lessons you learn from building and shipping such a simple product will help you immensely in your next startup.
- vecter 10y agoWhy would you even waste time building a bill splitting app if it never had potential in the first place? Yes, you would have learned something, but that in and of itself isn't a justification for making a poor decision. You could have both worked on something with true substantial potential and learned something at the same time, as opposed to work on something with no possibility of success and learn something. In fact, you'll probably learn much more doing the first thing than the second. I've built a bill splitting app. It was stupid and I learned something, but I wish I had been smarter and built something that [might have] solved a real problem with that time instead.