Back

I think people confuse getting their ideas grilled/validated with getting compliments and as soon as they hear something negative, they get irritated and walk away or they go around changinjg the whole business model itself. Which is also not the right thing to do just because some investor gave some suggesiton. It's such a fine line bro. Its almost too complicated

I would rather be more scared if no one was working on something that I was. So yeah man, if there is competition at least i will know there's a demand for this thing. Just has to be a big enough market.

But they also need to understand na? And i have noticed the smartest people sometimes are way too locked in in their own way of thinking that they dont notice nothing as innovation. And then there's the rich folks...its stupid to assume rich people know a lot because its so not true

I want to clarify this - talking to customers in person is the only way there is at the beginning ( if you can't do that it means you are lazy and dreaming).For b2b have atleast 6 people who like like your idea and are willing to give feedback at each iteration and for b2c 50 people. these people should belong to the target market only otherwise it is a waste. Getting random people who are not target audience to like validate the idea is the stupidest thing you can do. it will boost your confidence but will not get you success.

This worked in 2010. Today's market needs faster validation cycles. Social first

Missing crucial point: Willingness to pay ≠ actual payment. People lie in surveys.

Talk to customers BEFORE building. Would've saved my first startup if I knew this earlier.