People seem to be misunderstanding me when I say:
"Go after a market with strong demand."
I'm NOT saying:
"Build a product in a popular market."
"Build a product in a market with lots of competitors."
"Build a copycat when you notice a product doing well."
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You should look for demonstrated demand, but that doesn't mean it will be obvious or easy to spot!
Most likely, you'll spot opportunities in spaces you're already spending time in.
Look for folks demonstrating effort (time or money) who haven't found a good solution.Pokaż ten wątek -
When I use examples of successful companies it's for *context*. I'm not advising that you go and try to start a similar product in a similar market just because it worked for them!
These examples are illustrative, not prescriptive!https://twitter.com/mijustin/status/1303890067681804290 …Pokaż ten wątek -
Look for momentum that's building, not a wave that's cresting. The examples I give are of founders who saw an opportunity at the right time and had the skills, connections, and resources to take advantage of it. Don't ride their wave, find your own!https://twitter.com/tylertringas/status/1303886991151505409 …
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"What do you think about the CRM/PM/Metrics market?" It doesn't matter what I think.
What matters is:
- how have you seen demand demonstrated in that market?
- what gaps exist that nobody else is serving?
- what strengths, skills, and connections do you bring to the table?pic.twitter.com/ELxk5txGWXPokaż ten wątek
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building
No wave?
No surfing.
It doesn't matter how talented of a founder you are.