I know you're excited, but before you get too far on the coding, do some research. I can guarantee you that your idea/product, while possibly genius, doesn't 100% match up with what people need (will pay for), and if you code before talking to real potential customers, you will either a) waste time building features no one actually wants (will pay for), b) not build features that make people do want (will pay for). Notice a trend here. ;) So...
- Talk to 10-20 people in your target market who are not your friends to verify that there are people out there who will actually pay money for what you're building
- when people say they will pay, ask them what specifically makes it worth paying for
- when people say no, ask them specifically what is missing that would make them pay for it
- look for similar ideas that have failed/succeeded and look at why they failed/succeeded (wrong features? poor marketing? no real market? poor timing? etc.)
Few other things...
Product is important, but so are marketing and distribution.
If you ever get the urge to make an investor deck, stop yourself. Make yourself a sales deck instead. It'll work either way, and sales are much more important.
Mentorship can be more valuable as money.
Entrepreneurship is a rollercoaster ride, man. So prepare yourself for that, and reach out to others for help when you hit the dark spots. We're here for you.
- Talk to 10-20 people in your target market who are not your friends to verify that there are people out there who will actually pay money for what you're building
- when people say they will pay, ask them what specifically makes it worth paying for
- when people say no, ask them specifically what is missing that would make them pay for it
- look for similar ideas that have failed/succeeded and look at why they failed/succeeded (wrong features? poor marketing? no real market? poor timing? etc.)
Few other things...
Product is important, but so are marketing and distribution.
If you ever get the urge to make an investor deck, stop yourself. Make yourself a sales deck instead. It'll work either way, and sales are much more important.
Mentorship can be more valuable as money.
Entrepreneurship is a rollercoaster ride, man. So prepare yourself for that, and reach out to others for help when you hit the dark spots. We're here for you.
Most of all, GOOD LUCK!