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It seems like you're trying to apply a Business to Business (B2B) mentality to a business to consumer relationship. Is there a reason for that? Is that your background? The problem is, business to consumer is low margin, high volume. You need to find a way to make that work. It sounds like you want to do a LawPivot, for general consumer application. You want to build a MARKET, which is the hardest thing imo to do in…
I really want to thank you Manglav. You have helped me immensely. Your last reply is spot on. It is like LawPivot and most importantly I think I am failing because I am trying to build a MARKET. This really brings things into perspective for me. Building a MARKET is just not something I can do. Do you think there is way to find a specific niche in the market that I could start with? Also, I am curious as to your thou…
Pinterest pulled a Steve Jobs - it was their job to know what consumer's wanted a year in the future. They were able to see that the coming smartphone explosion would combine with people wanting to be social, and what evokes a lot of emotion? Looking at old photos with friends. Add some filters on top to hide any bad picture taking skills/catering to the masses, and you have a billion dollar idea. They also provided a billion dollar execution, by exiting within two years. Pinterest was a case when all the stars align in the startup universe, and they also worked really really hard to build the telescope to see them.