When you consider your niche, your aim should not be just what you love, but what you love, that people need and are willing to pay for it. What if you love something, but people are not willing to pay for your skill, or there is no demand for it.
Defining an ideal customer is essential at the beginning of your startup, so you can save lots of time, effort, and money you waste by pitching the wrong customer. Your main job is to dig deep into your ideal customer's life to frame the story that can struct them. What problems do they have? What stops them from moving ahead? Are they happy with current solutions? Where can you find them?
MVP (Minimum Viable Product) was introduced by Eric Ries in his book The Lean Startup. MVP aims to take your champion functionality into your customer's hands asap to validate your product or service. In my first startup, I made a mistake of perfecting a product and delaying launch. But the truth is, you won't learn about your idea works or not unless you launch.
As an entrepreneur, your job is to build a community of your potential clients, and that too by solving their problems. As soon as they figure out, your content is no longer valuable, they will leave for better solutions. They choose you to solve their problem, to make their life better, to get that end result they have in their mind.
You can't be half pregnant with your idea. Trying for some months, if works then good else back to the job, is a weak mentality. That's not how no-matter-what entrepreneurs are! They don't become entrepreneurs for a few months then go back to the job after failure; they go all in. When you do things half-heartedly, you don't produce your best.
If you study any expert business, you will find that they learned their skill, implement it, and have a moment to realize they can't grow above certain points, so they shifted their focus to helping others with what they have learned. You already have skills and are already passionate about your expertise, but just because you are only consuming, not creating, you failed to realize your true potential.
We are a team of highly experienced developers and designers, passionately helping startups & existing businesses to design & develop innovative products with cutting-edge technologies. At Capsnac, we mainly work for company automatization and startups to build MVP, provide growth hacking strategies & making the product ready to hit the market.
Ready to transfor your ideas into supreme software?