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Walking Away from the Product I Spent a Year Building

derrickreimer.com

11–20 of 221 posts

Re: Walking Away from the Product I Spent a Year Building

#11
I think for things like business chat, since the purchasers of the product are different from the users, and not completely aligned with them 1:1, VC-backed companies with the connections and credibility to said stakeholders may have a much easier go at getting paid users. You can also trade profitability for growth, which is something bootstrapping precludes.

P.S. I read @rwalling's "Start Small, Stay Small" a few months back, and it was a phenomenal read. Highly recommend.

Re: Walking Away from the Product I Spent a Year Building

#12
post #4

"The gist is that it’s tough to get unbiased feedback during customer validation." - I wish this was taught along with lean startup content. Too many times I have heard founders say they validated the idea when all they have done is gotten biased feedback while asking self-fulfilling questions.

Yep, it is extremely hard. Lean Startup makes it sound trivial when it's almost impossible. Almost nobody is going to clear up their day to talk to you about their problems, answer your questions, give you feedback, be your guinea pig, etc.

The ideal way to validate it is to be so immerse in the industry/problem such that you understand most of the pain points. Do the job that your ideal customer is doing. Attend the conferences they're going to. Visit the forums they're visiting. Read the websites they're visiting. Analyze the reviews they're posting in TrustRadius/G2Crowd. Look at their Linkedin profiles to see what their day to day involves.

Re: Walking Away from the Product I Spent a Year Building

#13
Great post, Derrick!

I learned almost precisely the same lesson in the same way over the same amount of time (a year) a few years back.

It was _incredibly_ helpful to have those insights going into my next startup, and I approached customer development entirely differently.

Lessons learned can be quickly applied!

Re: Walking Away from the Product I Spent a Year Building

#14
Slack has a staying power that the author didn't catch: once you've got all kinds of apps reporting data directly into Slack, and all kinds of rooms set up for specific data purposes, it's even more sticky than email.

Before a Slack-using company would switch, the competitor would need to support many/most/all of the integrations that the company is using. You've really only got two chances to win Slack's customers: the point before they seriously adopt Slack, and the point in the future where Slack does something stupid like jack prices way up or suffer a serious breach.

Re: Walking Away from the Product I Spent a Year Building

#16
post #10

Earlier quoted context omitted.

I mean, iterate on the product until it sells like hotcakes that's your validation. Then you'll spend the rest of your days trying to STOP the torrent of complaints, feature requests, etc. Better yet have actual experience in the industry that the product is targeting rather then expecting that industry to go out of its way to tell you what to build. Ideally you have orders for the product before you start building i…

> hotcakes that's your validation Exactly. The best validation is people paying for a product.

I would go so far as to say it’s the only unambiguous validation you can get.

Re: Walking Away from the Product I Spent a Year Building

#17
post #4

"The gist is that it’s tough to get unbiased feedback during customer validation." - I wish this was taught along with lean startup content. Too many times I have heard founders say they validated the idea when all they have done is gotten biased feedback while asking self-fulfilling questions.

This was the post that made the lights come on for me: https://customerdevlabs.com/2013/11/05/how-i-interview-custo...

After doing 10-20 of those interviews, I got pretty good at coming up with an internal "pain scale" - where this particular problem sits in terms of overall pain the customer is experiencing, and thus how much they are willing to commit to solving the problem.

Re: Walking Away from the Product I Spent a Year Building

#18
post #9
post #7

Is "a year" supposed to add a lot of impact here?? I frequently spend multiple years on more dubious endeavors, and have zero regrets about it. That's life. Edit: Okay this came out pretty harshly, but what I am poorly trying to express is that most people spend more time on worse things, so "a year" doesn't parse as the intended intensifier for me.

There's no need to be so judgemental of a well written article describing someone else's experience, even if it isn't as grand and wonderful as yours.

[deleted]

Re: Walking Away from the Product I Spent a Year Building

#19

Great post, Derrick! I learned almost precisely the same lesson in the same way over the same amount of time (a year) a few years back. It was _incredibly_ helpful to have those insights going into my next startup, and I approached customer development entirely differently. Lessons learned can be quickly applied!

I'm guessing you're referring to this part at the end:

"In hindsight, I took on an unreasonably audacious endeavor with Level in part because of my internal “this might get big if I play my cards right” dialogue. It would have been far better to either deliberately go for the big idea (and probably seek venture funding to make it happen), or start far smaller and build my way into a sustainable company of one."

I appreciate this passage... a thoughtful reflection.

Re: Walking Away from the Product I Spent a Year Building

#20
post #4

"The gist is that it’s tough to get unbiased feedback during customer validation." - I wish this was taught along with lean startup content. Too many times I have heard founders say they validated the idea when all they have done is gotten biased feedback while asking self-fulfilling questions.

I say it every time, to every founding team I meet.

Read “The Mum Test”[1]. It will make you aware that you to get unbiased feedback you need to remove your identity from the idea so that people aren’t nice to protect you.

[1] http://momtestbook.com/

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