Summiz Holo
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Summiz Holo
Challenges Faced by Builders in Startups
- You’re a builder, and while this is great for startups, it also creates a natural weakness.
- The love of creation leads to focusing on coding rather than selling, which is often not beneficial for the startup.
- Most startups fail despite excellent coding and/or design skills due to factors unrelated to code quality.
- Customers don’t make purchasing decisions based on code functionality or design aesthetics; other factors are more important.
- Necessary skills for web-based startups (coding and design) are insufficient; other valuable activities lie outside the builder's comfort zone.
Customer Interview Insights
- Have you talked to 50 potential customers? By that I mean fifty, not a dozen.
- Accidental bias can affect the validity of customer interviews.
- It’s harder to locate customers after building a product, which can waste time.
- Vet the price and ensure customers are willing to buy during interviews.
- Are people coming to your website every day? If not, solving that is much harder and much more outside your control than building software.
- You should prioritize getting attention and market validation over just coding.
- In a business context, attention, marketing, positioning, and selling are high-risk and inadequately understood compared to coding and design.
- Force yourself out of your comfort zone; focus more on the non-coding aspects that create a valuable business.