Do people not build businesses for fun anymore?
It’s weird because as fun as it has been it’s never been the first thing I think of when doing work for my startups. I do enjoy the process once I’m in it but the stress and pressure of it amounting to something can sometimes be a hindrance. At the end of the day my dreams are in reach but they can be reached so much sooner if it all works out.
Don’t waste time making a prototype if you haven’t clearly defined and tested your target market . You can have the greatest prototype in the world but if no one wants it (and you need data to support this) an investor won’t budge. Build a MVP - something that outlines to the customer how the product would work and tune and iterate that until you find your target market. Especially in hard tech you will spend months maybe even years ironing out the kinks in your design. Do it right and make sure you spend that time on something you have data will sell. Investors will appreciate that approach much more, trust me.
It’s weird because as fun as it has been it’s never been the first thing I think of when doing work for my startups. I do enjoy the process once I’m in it but the stress and pressure of it amounting to something can sometimes be a hindrance. At the end of the day my dreams are in reach but they can be reached so much sooner if it all works out.