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If your startup, or idea, is based on a perplexing problem that you yourself are experiencing, it's likely that others are also experiencing the same, or a simi
by kamilszybalski 9y ago
If your startup, or idea, is based on a perplexing problem that you yourself are experiencing, it's likely that others are also experiencing the same, or a similar, problem. Test that hypothesis, get some traction and the money will come, sometimes even with favourable terms.
- 6stringmerc 9y agoAgreed; I've witnessed this first-hand with a person spending years and years on their invention. One with a real-world application + personalisation (branding) tie-ins. If the "providing value" metric adds up (cost, production/deployment, scalaing, etc) then a good model should be kind of evident on paper following initial market tests. Whether it's a "Service" or "Item" do have different paths, the demand and revenue potential to feel things out just kind of seems natural to me. The person I know spent years, which is yes different than "start-up" but he is the absolute definition of boot-strapping while maintaining a full-time job. Dedication and investment and, yes, money.