08 Jan '13, 3am

Why ideas are a bad place to start a startup

By sheer proposition, there is nothing wrong with this, except that – apart for that spark of brightness, and the happiness of having thought of something out of nothing – the feeling of creative genius wraps over and then it takes over. The idea is converted into a product. The hunt for the elusive customer begins (sometimes to no avail and it starts to feel that perhaps only big foot will use this app – if only he can be found and a survey be done on him, or a beta app be released), pricing becomes a big issue if there is a payment – for free you get a few customers users, when you ask them how much they will pay for it, they circle around zero or a number that doesn’t make any sense – even to justify your cheapest cloud hosted service, One day you realize that people are starting to use the app for very strange uses and the audience is a bunch that you cannot relate to ...

Full article: http://e27.sg/2013/01/08/why-ideas-are-a-bad-place-to-sta...

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