Stealth • 5m
2. What should be my top priority while building the app? - Focus on traction and retention. - For SortedBrain, personalized notifications about users' goals could make them return to the app. - Create a mechanism where one user can invite multiple others to the platform. 3. Should I focus on acquiring more users first or acquiring paid users? - This is something to figure out along the way. - Some features Indian users won’t pay for, but don’t be disappointed—try other countries, they might pay. - Talk, get feedback, iterate. 4. How should I think about making money? - Have multiple business models. Medial has multiple income streams, not relying on just one. 5. What about team building? - A good team is crucial. - At Medial, their strategy was to bring in core people for each specific domain and share equity with them. This is the foundation for a long-term game. 6. Raising investment? - Build a POC (proof of concept) and show traction.
Stealth • 5m
- A minimum of 5,000 active users is a good number to reach before approaching investors for funds. And much more advice that I’ll share in upcoming posts. I’ve been reaching out to founders of various companies for advice on building SortedBrain and general startup advice. Follow and stay tuned if you’re figuring it out as well. #sortedbrain Medial - Startup News and Tech -> https://medial.app/
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