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After stage one there is one necessary step that the author has missed: to calculate whether this idea will bring any money (or at least cover the costs). It is
by polinkin 17y ago
After stage one there is one necessary step that the author has missed: to calculate whether this idea will bring any money (or at least cover the costs). It is painful to invest 8 months of one's life into something that wouldn't have produced any returns in the first place.
- lee 17y agoExactly. It's so easy to jump in and code, without taking a good hard look at the feasibility of the business model, since hackers tend to look at the tech side before all else. Spending a few days or weeks on the business model can save months of sacrifice, especially when building a product that is saturated with competition.
- edw519 17y agoIt is painful to invest 8 months of one's life into something that wouldn't have produced any returns in the first place. Painful, yes. A waste of time, I don't think so. Although I would never recommend building something without understanding the business model, all is not lost. OP probably learned more valuable lessons (and technology) in that 8 months than he would have in a job or at school. Now is the time to put that education to work. Not doing that would make it a waste of time.
- donniefitz2 17y agoThank you for noticing that although I have not enjoyed any monetary success, I have learned a ton about business and product development. Because of this product venture, I'm currently working on something much more promising because of the lessons I learned on this one.