You will find this funny question that is asked on Quara often – “I want to start a business. How do I register my company?” It’s funny because when you are just in the beginning stage, registering your company or incorporating your company is the last thing you think about. So, when do you really… Continue reading When do you incorporate your startup?
You get a brilliant idea to build that app! As you think more about it, the more you are convinced that this is going to be a game changer. What do you do next? You bounce this idea with some people around you to check their reaction. They could be your friends or colleagues or… Continue reading What do I do when people around me doubt my business idea?
Ye! It’s an awesome feeling when we get our first customer to sign up. It’s really a motivator to slog out to get more. But, when you are a new startup project, you are still trying to discover what kind of target audience and pain point does your product resonate and creates a significant value. … Continue reading If you get one paying customer does it mean your idea is validated?
I came across this interesting post on one of the discussion forums (it’s a bit long, but I thought of reproducing it in origin here to get a full context of the question). “I am a full-time contractor for a startup where I do full-stack development. The founder of this startup is not happy about… Continue reading How do I motivate myself to build things I don’t actually use?
I was working with a solo techie founder of a new startup for past few weeks, running a few customer discovery experiments with a goal to know the “right” customers to go after. The target market for this startup was incidentally small shops providing grooming services in the UK. Week 1: We sent direct messages… Continue reading Holy shit! I hate to talk to prospects
Its not uncommon or rather its more than common to see a question like “How much investment is required to open a small-scale cyber cafe?” in Quora from wannabe entrepreneurs who want to consider starting a new business of this kind. Or consider a few more questions like: How can we set up an auto… Continue reading How much investment is required to open a small-scale cyber cafe?
The key thing in customer discovery is to discover what works for your business model. There are two resources with an availability of limited quantity – money and time. So, you want to learn if your business model works are not in a short time and with as less spending. When you launch your… Continue reading Why do you need to bother about articulating the pain point during customer discovery?