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Mofiyin

Stealth • 2m

Does anyone have any advice for a first-time founder? What's pitfalls should we avoid at all costs? Or what decisions should we make as quickly as possible?

Punnyartha Banerjee

Stealth • 2m

Do not get trapped in the development cycle.

Mofiyin

Stealth • 2m

I can absolutely relate to this! 💯 Thank you so much! 🙌 I'm currently building an MVP, but before I got to this point, I kept making iterations and trying to build all my solutions at once. Eventually, I reasoned that since my idea is novel, it will be easier to replicate because I do not have a patent yet and so, I decided to only work on two features. They are the core features of my product, but I have 10 more offerings I can monetize if they're stolen. What do you think about this?

1 replies

Replies (1)

Punnyartha Banerjee

Stealth • 2m

I feel that one should be able to acquire customers and build a solid understanding. From there, the product will start shaping itself to the needs of the customer if feedback is implemented. And I also feel that keeping the idea just to yourself will kill its ability to mature. Execution matters more than the idea. If it can be replicated, make sure that yours is the best in the market. One good execution is far better than 10 good ideas.

0 replies

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