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https://startfromzero.com https://startfromzero.com "Where Entrepreneurs Get Their Start When They Have No Ideas..." Dane Maxwell teaches/uses a concept called
by Leftium 3y ago
https://startfromzero.com https://startfromzero.com "Where Entrepreneurs Get Their Start When They Have No Ideas..."
Dane Maxwell teaches/uses a concept called Idea Extraction:
1. Pick a niche.
2. Contact that niche and let them tell you the pains worth solving.
Idea Extraction is a form of market research, which is important to ensure you don't build something no one wants to buy.
However, I would argue marketing/sales is more important than the idea itself. You can make money selling products/services that already exist; no need to build something new!
For example, one common mistake is to start marketing after your product is completed; you should start marketing even before you begin development!
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Amy Hoy teaches a similar concept, which she calls "Sales Safari:" https://shop.stackingthebricks.com/sales-safari-101 https://shop.stackingthebricks.com/sales-safari-101
(Also take a look at the full course: https://30x500.com https://30x500.com)
- Leftium 3y ago> It seems like everything that could be done with software has been done. This implies you think selling something "new/different" will be easier to sell. But that might not be true. - Competition is good because it validates the product/service. It means there is a market and people are buying already. - "New" things will also have competition (in a different form). Your prospects will likely already have a product/method for accomplishing the thing your product/service provides. For example an air conditioner doesn't just compete with other air conditioners. They must also compete with other ways of cooling like fans or even water.