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Great post. I think this is one of the fundamental lessons that all startups going through an incubator should learn: have a product, find a customer. The most
by fookyong 15y ago
Great post. I think this is one of the fundamental lessons that all startups going through an incubator should learn: have a product, find a customer.
The most basic, lowest-common-denominator example of this is arbitrage. Buy one product for X and sell it for X + 10%. If you can't do that with one product successfully that you know there is already a market demand for (e.g. chairs) then how on earth are you going to do it for your startup?
- borism 15y agoIf you can't do that with one product successfully that you know there is already a market demand for (e.g. chairs) then how on earth are you going to do it for your startup? umm, by building something new, not reselling existing stuff?