There isn't a lot of published information that I've seen (or can quickly find) on how washio and postmates validated their business model, but I definitely agree that starting fairly lean and validating your business first even if that means a lot of manual effort up front is a better approach t...
Hi I would offer your service/platform to student bodies (student council) at universities and high-schools. I assume (but you would need to check) that they are your target audience and by onboarding one university, you would potentially get hundreds/thousands of clients (the students). Good l...
I do not believe you should incorporate your company yet as there is a chance you will scrap the idea or iterate on the assumptions after analysis. I suggest you run your initial testing on a very minimal MVP to see if there is interest. I would go further in saying that you should not even allow...
The idea of an MVP is 'minimum, viable' ... If you feel you need a "good amount" of funding, I would challenge if you are minimum enough. Obviously, without knowing the details of your product, your ideal customer, or what need you will solve, it is hard to help expose what is necessary in an MV...
Well this totally depends what your MVP is? What's the functionality? I'd suggest something like http://www.squarespace.com/ our designers with very little technical knowledge have had great success with this. Another option if it's just for demos/feedback is to use something like http://www.in...
It sounds like you already have an MVP, awesome. Now you need some evidence that people want to pay for it. Make a landing page from your MVP which shows visitors its main exciting features. Have a link called 'Learn More', which leads to a form asking for user info (name, email, etc.). To make ...
Exciting stuff! I see a few questions here: 1. When is the right time to look for seed funding? 2. How do I appropriately talk to angel investors about said funding? As for the first question, consider what your goals are and whether this funding can help you achieve those goals. Hopefully, ...
Ask your parents. I know that sounds glib, but honestly in today's rich technology access landscape you should be able to build a prototype of anything for free or at least under $50. In many cases you don't even need to know how to code. Here are some examples: SiteGround - Wordpress hosting p...
Unless you are a founder with prior successes that are notable or relevant to your new startup, the answer is a clear no.
It is the old question of time vs money, that most entrepreneuer face. First everyone assumes their idea is great. I am not talking to you personally but the statistics show that this is not the truth. Even with careful market research (not just asking Google and friends) there is always a chanc...