Tnx for sharing all the great stuff Nicolas! A few things come to mind:
I. Researching an under-studied corner of the market, where there's limited data (e.g. the classic question of people wanted a faster horse, not a car), but the difficulty is that you need to make many assumptions and therefore the margin of error can be huge.
2. Generalizing proof of concepts so that you build scalable solutions, now customizable projects.
3. Defining tangible milestones; ones that are meaningful for customers, investors and the company.
1. The need to make a living while nursing a startup is huge burden because the process requires a lot of creative time free from distractions.
2. Finding people who can write at a professional level.
Nicolas, your teardowns have been a big help. I am working on a deck to introduce our marketplace and to help raise a pre-seed round. I have been at it for a month! If there's anyway that I could induce your to look it over, please let me know. Churn is a really good cause and it's compelling idea. Thx
Hello Nic. We are a boat rental marketplace in Colombia. We have faced several challenges as you might know. However, we habe encountered that users assumed the boat charter is only for rich people which is not. We feel there is lack of knowledge about the sector. What would you recomend so we can switch that perception. Thanks.
Tnx for sharing all the great stuff Nicolas! A few things come to mind:
I. Researching an under-studied corner of the market, where there's limited data (e.g. the classic question of people wanted a faster horse, not a car), but the difficulty is that you need to make many assumptions and therefore the margin of error can be huge.
2. Generalizing proof of concepts so that you build scalable solutions, now customizable projects.
3. Defining tangible milestones; ones that are meaningful for customers, investors and the company.
KNOW HOW TO DECIDE WHAT TO OFFER THE 1ST INVESTOR WHO BETS ON YOUR IDEA.
50% IN EQUITY AND 50% IN CONVERTIBLE NOTE WOULD BE FINE? OR A SAFE PROPOSAL WOULD BE BETTER?
BUT THE QUESTION IS WHAT IS BEST FOR BOTH PARTIES?
THANK YOU VERY MUCH
1. The need to make a living while nursing a startup is huge burden because the process requires a lot of creative time free from distractions.
2. Finding people who can write at a professional level.
Nicolas, your teardowns have been a big help. I am working on a deck to introduce our marketplace and to help raise a pre-seed round. I have been at it for a month! If there's anyway that I could induce your to look it over, please let me know. Churn is a really good cause and it's compelling idea. Thx
Hello Nic. We are a boat rental marketplace in Colombia. We have faced several challenges as you might know. However, we habe encountered that users assumed the boat charter is only for rich people which is not. We feel there is lack of knowledge about the sector. What would you recomend so we can switch that perception. Thanks.