Did not do enough market research before building and launching product. A product similar to ours released some months ahead of us and got rave reviews in a lo

Did not do enough market research before building and launching product. A product similar to ours released some months ahead of us and got rave reviews in a lot of dev forums (HN included). Took that as validation of our product as well. Turns out, comments on HN don't really translate into money over the counter. Fast forward a year and we have near zero growth. Eventually both the similar product and us shut down. After that I needed to rebuild some confidence in myself, so I joined a small consultancy company as a lead dev. It's been a year since that happened, and now I'm beginning to feel the startup itch again. Working on a few side projects. The plan this time around is to not quit the job and go full time on the startup till it starts producing a certain amount in monthly recurring revenue. Let's see how this goes...