We have been working on a startup idea for almost an year now. The initial days were fantastic, we were totally convinced we had hit upon a brilliant idea, there was vacuum to be filled. We worked crazy hours, got a lot of stuff done. Needless to say we were highly motivated.
But lately, I am personally having trouble motivating myself. I see myself squandering valuable time that I could have utilized. We suddenly seem to have a few competitors and it suddenly appear as though we don't have a unique value proposition.
And I have been pondering over this for some time now. I do realize that the lack of motivation is a sign that things have to be done differently, or something needs to change. We either need to course-correct, change gears, think of a different market, a different approach or just look into ourselves honestly and understand ourselves better.
I was hoping to find some answers to my misgivings through this forum. I have benefited from news.yc in the past and I have no doubt that you guys will help us bounce back.
So here are my questions to sum things up:
1. What do you do when things are not going the way you want them to?
2. When do you know its time to change? (eg: market, process, partners.. etc)
3. When do you know its time to call it quits? (to start working on a different problem)
I would really be thankful if some of you could share your experiences so that all of us benefit.
Thanks!!!