I am in the process of mapping out a product for my first Startup.
If you have some time could you post links or comments on tips on the best way to start up?
My aim is to seed fund it, and run it apart from my day job.
Any comments will be appreciated!
Regards
Mark
And if you can't quit because of work...take a vacation. 2 weeks of working non-stop should be plenty of time to get most things up and running.
Call me a pessimist, but I think the era of getting funding and building a product with two weeks labour investment from one engineer isn't going to continue.
Quite apart from that, building the business is a much bigger concern than two weeks, there's a lot of boring business stuff that has huge lead times.
It's been done before, but it's like winning the lottery.
Thanks for your comment
The real question is what do you want to startup? -- a full scale business with lots of employees or a one man shop?
The idea I have could be a one man shop!
The focus is going to be the crucial factor!
Thanks for your comment!
Get started and once you're moving you'll find that momentum takes over. To keep the momentum going, make plans: e.g., plan to work at least 1 hour/day on your startup whether it's coding, marketing, website, etc. Just work on it.
I wouldn't take a vacation to do it unless I was positive I could do most of the work in that time, but you need continuous long term effort, so the sooner you get started, the sooner you can succeed.
Comments: just do it. All the administrivia is trivia. Don't worry about the competition. Build something. Charge money for it. Get better at marketing it. Make it better. Continue repeating "get better at marketing it" and "make it better".
Optionally, stir in a new project.
"If you sit, sit, if you stand, stand, what ever you do, don't wobble"...
Always work on the most important thing. If it's not going to move the needle or if its a tangential/pet feature, recognize it and don't do it now. Your most precious resource is time.