My startup story: from big idea to thriving business in 8 short years
blog.traysoft.com
blog.traysoft.com
One theme in your post I find really interesting. You talk about how your next move always came to you over time. That's really interesting, because you give the impression that the solution was not immediately apparent, and only after years of sales and feedback you realized how to evolve the business. Even if the data had been in front of you for quite some time, it seems that at some point a light bulb went on about how to expand, and from that moment it was obvious.
1) You continuously provided something of value to your users.
2) You listened to what your users had to say and iterated accordingly.
3) You pivoted sensibly when your prime market was diminishing.
A good example of some basic startup rules that we often read about on HN, put into practice.
"If I had asked my customers what they wanted, they would have said a faster horse." - Henry Ford
Someone has gotta be innovative.hristov is talking about customers Traysoft already has and who are using his product. Henry Ford is talking about potential customers who aren't using his product, who've never seen his product and who don't know anything about his product (or anything like it). Big difference
It belongs in the same bin as "execution is everything," "ideas are meaningless" and "you need a cofounder to succeed." Useful and oftentimes true, but by no means a universal truth.
There are still a few exceptions though: you can create a new market by appealing to a need people didn't have until you offered a solution. Fashion, fads (including fads for children), arguably Twitter,...
(One pet peeve though: many of the recent HN posts linking to company blogs don't include a link back to the homepage. Everyone, please have a link! The standard top-left logo works really well for this. Immediately after reading your blog, my first intention is to see your product. Don't make me edit out "blog." from the URL by hand.)
I'm glad I'm not the only person who has noted this lately. :)
Listen to this advice and follow it!