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Things I wish I knew before founding my mental health startup

medium.ikuznetsov.com

31–40 of 55 posts

Re: Things I wish I knew before founding my mental health startup

#31

Fifth thing you should have known: Trying to improve mental health using an app is like trying to cure alcoholism with vodka. Societal addiction to devices is the reason why we've had an explosion in mental illness.

Not 100% sure I agree…

https://www.ourherd.io/ has had really strong feedback that it has had a positive impact by actually being a social app tailored for mental health…

Re: Things I wish I knew before founding my mental health startup

#32

> I’ve been a product manager/CEO in fintech You talk about hiring developers, all kinds of marketing strategy... do you know anything about mental health? What makes you qualified to run a mental health company? Where do you discuss bringing in doctors, or mental health specialists, instead of FAANG devs? Is the "health" part just an afterthought? > investors may not be impressed by the quality of your product yea,…

Yep - I am curious as to where the mental health subject matter expertise and validation of outcomes fits into your budget (unless it is more a directory or something more “benign” not requiring that).

Re: Things I wish I knew before founding my mental health startup

#33

> I’ve been a product manager/CEO in fintech You talk about hiring developers, all kinds of marketing strategy... do you know anything about mental health? What makes you qualified to run a mental health company? Where do you discuss bringing in doctors, or mental health specialists, instead of FAANG devs? Is the "health" part just an afterthought? > investors may not be impressed by the quality of your product yea,…

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Re: Things I wish I knew before founding my mental health startup

#34

I'm not sure this article has much insight, rather appears to be content for the sake of content. "Right now, $300,000 is not enough to create a prototype and show traction on the global market. It’s a simple math. Let’s say you need three developers." That's not simple math - that's faulty assumptions. While there are always exceptions, you don't typically need to hire 3 developers to build a prototype! The biggest…

Especially as the app is failry simple looking. Probably buildable in React Native in a month. Pay a good developer and you can probably get a prototype out for $10-$20k?

Re: Things I wish I knew before founding my mental health startup

#35

I'm not sure this article has much insight, rather appears to be content for the sake of content. "Right now, $300,000 is not enough to create a prototype and show traction on the global market. It’s a simple math. Let’s say you need three developers." That's not simple math - that's faulty assumptions. While there are always exceptions, you don't typically need to hire 3 developers to build a prototype! The biggest…

$300000 is not enough. It depends. If you’re a dev and planning to build something with another dev, then that’s plenty. If you’re just a guy with no idea how software works, then it may be less. If you’re a dev and your startup has nothing to do with software then also, that money is less. If you’re hiring exclusively from Bay Area devs it is less, if you’re open to contracting people from elsewhere, it is sufficient. If you’re open to hiring students from Bay Area for internships, it is sufficient. If you immediately jump on the cloud, that may not be enough. If you know how to provision a server in your garage, it may be enough. There’s a lot that goes into how much money you need, and it really depends on you to manage it.

Re: Things I wish I knew before founding my mental health startup

#36

Cynical better title: Things I wish I knew before paying other people to build my startup for me. If you don't have the skills or co-founder(s) to get a prototype off the ground with ramen money, that should be your #1 goal. Or, if you really hate that idea and want to pay other people to develop things for you, at a minimum look at paying developers in cheaper places to do it so you can at least vet your idea for a…

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Re: Things I wish I knew before founding my mental health startup

#37

Fifth thing you should have known: Trying to improve mental health using an app is like trying to cure alcoholism with vodka. Societal addiction to devices is the reason why we've had an explosion in mental illness.

I have a great solution for todo lists and it helps mental health a bit. Unfortunately I cannot make a startup out of it because it is this: use a pen and paper for your todo lists, and make plenty of them. I could create some weird elaborate todo system and sell that, but really I just do square boxes with writing next to each box and tick it off, so there you go!

Re: Things I wish I knew before founding my mental health startup

#38
Ivan should built this with no-code tools (assuming he is not an engineer). I'm about to try Uizard for some of our graphic design.

UX can be iterated on when you're working on something tiny and (I assume) simple as this app.

In the coming months, someone will build the same capabilities (possibly more) backed by chatGPT or other chatbot.

Re: Things I wish I knew before founding my mental health startup

#39

I'm not sure this article has much insight, rather appears to be content for the sake of content. "Right now, $300,000 is not enough to create a prototype and show traction on the global market. It’s a simple math. Let’s say you need three developers." That's not simple math - that's faulty assumptions. While there are always exceptions, you don't typically need to hire 3 developers to build a prototype! The biggest…

$300000 is not enough. It depends. If you’re a dev and planning to build something with another dev, then that’s plenty. If you’re just a guy with no idea how software works, then it may be less. If you’re a dev and your startup has nothing to do with software then also, that money is less. If you’re hiring exclusively from Bay Area devs it is less, if you’re open to contracting people from elsewhere, it is sufficien…

If you can’t code or find a co-founder to code it, you’re doing it wrong.

Re: Things I wish I knew before founding my mental health startup

#40
post #16

Man goes to doctor. Says he's depressed. Says life seems harsh and cruel. Says he feels all alone in a threatening world where what lies ahead is vague and uncertain. Doctor says, 'Treatment is simple. Great new app InnerSense is just scheduled to release tonight. Go and download it. That should pick you up.' Man bursts into tears. Says, 'But doctor… I am InnerSense founder.'

Good joke. Everybody laugh. Roll snare drum. Curtains
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