3 ms·

“Build first, find a market later” mindset will kill your business

• iamflimflam1 3y ago
  1. Find a problem 2. Make sure it's a common problem 3. Check that it is a valuable problem - lots of people forget this! 4. Solve the problem 5. Reach all the people with the problem using Sales and Marketing 6. Profit!
  • quickthrower2 3y ago
    You could swap 4 and 5? Or parallelize them?
  • tamimio 3y ago
    Hmm, so what was the problem that Facebook solved? Or instagram? What was exactly the problem Pepsi solved, or most junk food industry? Walt Disney? A weird orb scanning your retina for $50? Additionally, What if your business is/was a little but “proactive” and created a problem to propose a solution for it later?
    • beardyw 3y ago
      >Hmm, so what was the problem that Facebook solved? "A "face book" is a student directory featuring photos and personal information. In 2003, Harvard had only a paper version along with private online directories." https://en.wikipedia.org/wiki/Facebook https://en.wikipedia.org/wiki/Facebook
    • quickthrower2 3y ago
      There isn’t a generic set of steps for all businesses, but this set seems like it would get you to a safe-ish bet. rather than a moonshot, which I think is what many programming minded people would benefit from.