According to Marc Andreessen, who originally coined ‘Product/Market Fit’ in his post “The Only Thing That Matters”: Product/market fit means being in a good market with a product that can satisfy that market. This is a rather vague definition, and Andreesen gives us a more vivid illustration of what Product/market fit really feels like. You… Continue reading What is the difference between product-market fit and idea validation?
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?
(This blog article was published earlier in Medium in September 2017) How do you come up with the best startup idea for you? Where do you look for ideas? How do you know if a startup idea is right for you? Do you have what it takes to pull off your startup idea? Where… Continue reading How and where can I get good startup ideas?
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 answer is – solving an immediate, known pain-point for the customer. This is all about the connection between pain point of a customer and the solution that your idea or product offers to solve it. The psychology behind the human pain At the most basic level, people typically spend money on two things: First,… Continue reading What makes a customer buy into a new idea (or a product)?
Fundraising as such is tough and when you do not have a full product or when you are just an idea stage, it is all the more tough, if not impossible. This free webinar is about giving you some insights on one single most important ingredient – traction, to make it possible. Registration @ http://bit.ly/2IkNHJZ … Continue reading Get your startup idea funded!
The idea is the most critical and fundamental element of a new business and for many, the new business starts when there is some great idea to execute. Many wait for good ideas to happen to them. Many ask around for suggestions on good ideas. In many of such situations; it is not that… Continue reading Will you jump in?