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It does work, the key is you have to do more than send a text or email or just call someone (not picking on you, just my own personal lesson). You have to talk

It does work, the key is you have to do more than send a text or email or just call someone (not picking on you, just my own personal lesson). You have to talk to people about their business and see what is happening. This is literally how I built 2 different companies in different spaces over the years (neither of which I own now). One thing you can do, and I used, was I was consulting as a way to identify problems in spaces I was active in and had knowledge around. It isn't that you can't guess a product and sell it, the chances just get lower and lower unless it is a pain point you know affects people willing to pay for it. Or you have significant R&D funds and you can spend them to iterate to a solution. I've got a notebook I keep of issues/ideas I hear people complain/talk about and I explore topics with people when I can to see what might be interesting & real. I have tons of ideas in there, likely 90% (or more) would be fun to build but be worthless as a business or even a side project (at least right now). That's why talking to people is so critical. If you have a good idea take it to potential clients and try to sell it, if they bite then you potentially have something, but do that before you build a whole system. The reason why I say this too is I've tried to start a side project based on something I thought was important and it was depressing when no one saw what I saw (outside of friends who gave friend type validation) and then that killed my interest. But instead when you go to 20 businesses and 10-15 say yes that would be good and it is worth $XXX to me each day/week/month/quarter or whatever then you have motivation to keep working it. Getting some form of validation is motivating to most people, so it helps keep you moving even when things aren't going great.

tgflynn 5y ago
> It does work, the key is you have to do more than send a text or email or just call someone (not picking on you, just my own personal lesson). You have to talk to people about their business and see what is happening. How exactly is emailing/texting/phoning different from "talking to people" ? This question seems particularly significant in the covid era when opportunities for face to face contact are a bit limited. Also, as for me personally, I have a major mobility related disability so getting around much in physical space is now very difficult. > One thing you can do, and I used, was I was consulting as a way to identify problems in spaces I was active in and had knowledge around. Yes, I've always suspected that getting good ideas about a problem domain usually requires you to actually be doing some kind of work in that field. > I have tons of ideas in there, likely 90% (or more) would be fun to build but be worthless as a business or even a side project (at least right now). That's why talking to people is so critical. What is it that makes 90% of the ideas worthless ? Is it just too small a market, not impactful enough to the bottom line, or do you have other criteria for making that call ?
- davismwfl 5y ago
  What I found is with texting and emailing is that people get distracted and you aren't getting their full attention, if at all -- very easy for them to ignore you or drop you into spam. You need peoples focus to be able to talk through things rapid style, back and forth. The issue with phone calls generally that I've had is you are not a priority because you aren't physically in front of them so they will quickly dump a pre-sales type call and may never get back to you again or tell their staff to put you on eternal ignore (fun times). I do think with Covid using video has become so much more natural you could use that and keep peoples focus better. But for me I always found that you are the least important person they are talking to until you show them you are worth talking to. Sounds harsh but sales sucks for that, and pre-sales exploration (e.g. business dev) can be even harder at first. So a lot of times being in person is the best way I've found, maybe others have found other ways. FWIW, I've used all kinds of ways to get peoples attention as well, buying them lunch, sending lunch to their team in exchange for an hour of their time etc. I've found if you give them something people feel more obligated to give you their dedicated time, so it can help, and if you have mobility restrictions it might be worth experimenting here. As for most of the ideas, most boil down to who the clients would be, what the cost to develop is, what they would be willing to pay and how much support and on-going maintenance it would take to make it profitable. Some combination of those is the root cause most stay as an idea until there is some situation that can show a path forward. One of my personal biggest mistakes I had to overcome was I would create a product and not consider the training, maintenance and support costs early on. To a certain point that is ok, especially if you have funding, but if bootstrapped it can be a much larger factor in your plan (especially if you dislike doing support). With scale/funding you can bring those costs in line pretty quick as you grow but if you are bootstrapped it can be much harder.
  - tgflynn 5y ago
    Thanks for taking the time to write these insightful comments.

tgflynn 5y ago

> It does work, the key is you have to do more than send a text or email or just call someone (not picking on you, just my own personal lesson). You have to talk to people about their business and see what is happening. How exactly is emailing/texting/phoning different from "talking to people" ? This question seems particularly significant in the covid era when opportunities for face to face contact are a bit limited. Also, as for me personally, I have a major mobility related disability so getting around much in physical space is now very difficult. > One thing you can do, and I used, was I was consulting as a way to identify problems in spaces I was active in and had knowledge around. Yes, I've always suspected that getting good ideas about a problem domain usually requires you to actually be doing some kind of work in that field. > I have tons of ideas in there, likely 90% (or more) would be fun to build but be worthless as a business or even a side project (at least right now). That's why talking to people is so critical. What is it that makes 90% of the ideas worthless ? Is it just too small a market, not impactful enough to the bottom line, or do you have other criteria for making that call ?

davismwfl 5y ago
What I found is with texting and emailing is that people get distracted and you aren't getting their full attention, if at all -- very easy for them to ignore you or drop you into spam. You need peoples focus to be able to talk through things rapid style, back and forth. The issue with phone calls generally that I've had is you are not a priority because you aren't physically in front of them so they will quickly dump a pre-sales type call and may never get back to you again or tell their staff to put you on eternal ignore (fun times). I do think with Covid using video has become so much more natural you could use that and keep peoples focus better. But for me I always found that you are the least important person they are talking to until you show them you are worth talking to. Sounds harsh but sales sucks for that, and pre-sales exploration (e.g. business dev) can be even harder at first. So a lot of times being in person is the best way I've found, maybe others have found other ways. FWIW, I've used all kinds of ways to get peoples attention as well, buying them lunch, sending lunch to their team in exchange for an hour of their time etc. I've found if you give them something people feel more obligated to give you their dedicated time, so it can help, and if you have mobility restrictions it might be worth experimenting here. As for most of the ideas, most boil down to who the clients would be, what the cost to develop is, what they would be willing to pay and how much support and on-going maintenance it would take to make it profitable. Some combination of those is the root cause most stay as an idea until there is some situation that can show a path forward. One of my personal biggest mistakes I had to overcome was I would create a product and not consider the training, maintenance and support costs early on. To a certain point that is ok, especially if you have funding, but if bootstrapped it can be a much larger factor in your plan (especially if you dislike doing support). With scale/funding you can bring those costs in line pretty quick as you grow but if you are bootstrapped it can be much harder.
- tgflynn 5y ago
  Thanks for taking the time to write these insightful comments.