3 ms·
1. Is there a market 2. Do I need to teach people that this is important...or do I get to exploit existing demand? 3. Is there some sort of barrier to entry?
by vaksel 16y ago
1. Is there a market
2. Do I need to teach people that this is important...or do I get to exploit existing demand?
3. Is there some sort of barrier to entry?
4. How long will it take to build a minimum viable product?
5. What the competitors are like, their current reputation, their current SEO rankings, their current adwords campaigns etc.
6. Then I usually build a quick fake page to see if there is any demand. I'd rather piss off 200-300 people and see what the actual demand is like, instead of relying on them to tell me what they think they want.
7. If everything works out, I get to work. If not, I get to save 3 months chasing an idea that has no potential.
- anonymousDan 16y agoDo you see a positive answer to number 3 as a good thing or a bad thing? For me, it could be either depending on how you look at it!
- vaksel 16y agogood thing, since it means long term you'll get breathing room against any new people who decide to enter your space.