Find answers, ask questions, and connect with our
community around the world.

Forums Forums Business Startups Warning/yellow flag if the main product is trying to solve several mostly unrelated problems?

  • Warning/yellow flag if the main product is trying to solve several mostly unrelated problems?

    updated 3 years ago 0 Member · 1 Post
  • David

    September 3, 2019 at 7:32 pm

    I replied to a job ad seeking a web developer, for an unspecified company. I thought this was a job recruiter’s post, but no, surprisingly it got me directly to the owner of the company. He said that he’s looking for someone to help build their product to launch in a couple months. We got to talking on Google Hangouts and as I kept probing for details, I found a couple of issues. The first is that he doesn’t seem to be sure what his target audience is. It’s like the audience is both everyone and no one. I tried to get him to go in specific use cases but he spoke of several general ones- a place to hold video conferences, post job ads and events, sell items, or have a blog for personal posts. It’s a one stop hub for many thing social I guess. Fair enough a certain major company is doing that right now, but it seems like it’s a common practice for budding startup owners to compare their business to “X as it is now” and not to “X as it was in the beginning”. But I can’t help but wonder if that approach is just hand-waving- a way to conveniently leave out the “research your market” step of starting the business because you might consider everyone to be your market. Another thing that struck me as odd. I was discussing rates and he gave me a fixed price, which I told him is too low for the number of months expected. He has no web development experience but has already made his own assessment that the project would be “of medium complexity”- another interesting discovery of how his mind works. But the real kicker was when I asked him if he had gotten price estimates from other candidates, and he replied, “from millions to peanuts”. I’m not sure about you but for me that’s a call to action to refine the scope of the project so that your quotes have a smaller deviation. Finally the other odd thing was that he did not state the name of his company. He didn’t even introduce himself as “Hi, I’m [name] and I am the founder of [company]” oh well I get it some people can get caught up in the moment and show a lot of excitement about talking about their product that they might overlook some things. Maybe he just need to rehearse his pitch better. Anyhow any ideas if it’s possible to realize his product at least to MVP stage or is he trying to tackle too many problems at once? – by hq overview ccricers – –

Viewing 1 of 1 replies
Reply to: David
Your information:

Original Post
0 of 0 posts June 2018