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Ask HN: How to found a company as a single founder?

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Re: Ask HN: How to found a company as a single founder?

#211

Solo founder here. I've experienced several group size startups in the past 10+ years, and ultimately arrived to the conclusion that solo founder is the best option if you're cut out for it. As a solo founder you need to be a jack of all trades, master of none. Constantly experimenting, learning, and open to criticism. I've been apart of large co-founder group (4+) which I don't recommend at all. Once our company wen…

This is an encouraging post for someone who aspires to be a solo founder. Could you explain 1. JTBD and 7. Go to market strategy and how to practice/improve at them?

Re: Ask HN: How to found a company as a single founder?

#212
post #16

Earlier quoted context omitted.

Solo founder here. Same advice with the caveat that 98% of people should never be solo founders - you must be able to code and sell - but even if you can you should still get a partner if they double your speed.

Another reason to consider not going solo is that some experienced engineers will consider it a black mark - here's a guy who either believes he can do it all -or- is too greedy/control-freaky to share; this is someone who didn't meet someone better than themselves in their career or simply couldn't recognize that fact. The few solo founders I have personally dealt with have fit that description exactly.

Eh. If you’re a good salesman you can sell engineers on joining your company.

Re: Ask HN: How to found a company as a single founder?

#213
there are many strong ideas out there yet people lack the courage to do them or lack someone to help them. That is natural what you are in, i've had the same feeling when I got the idea to help people listen to podcasts from blog articles (websitevoice.com) as I am a developer myself it has not been difficult for me to get help from good people who loved the idea. So my first thing to do is probably talk about your idea to people who you think they can listen to you and sharing is caring. I've been contacted from people here in HN about if my new business needs support for design, marketing, the beginning is difficult. Never give up a great idea you have, because if you do not do it someone else will later do it!

Re: Ask HN: How to found a company as a single founder?

#214
I am in the same situation as you and while I don't have success yet (I just started three months ago), I have made many mistakes and have learned a lot. Here are a few tips:

- As an engineer, I got into a building frenzy in the beginning, and equated product building to building a successful venture. They turn out to be quite different in practice.

- Start getting interested users to sign up as soon as you can. Create a landing page, create a clear sincere description of the benefits (not just features), run it by as many people you can, and have a email signup so you can do that while you are building it. I have one at https://stockquanta.com and it has been quite successful in getting sign ups. I am still a month away from an MVP.

- Read up on marketing, validation and distribution. It's difficult to manage so many things on your own but it's still good to understand a lot of the essentials. I read this book and found it insightful: https://www.amazon.com/dp/B07FF51F8Y/ref=dp-kindle-redirect?...

- I initially thought that I will build first and then show it to everyone. That's a mistake. Try to talk to people early on about your idea and even better show them something working. You want to see how they react and if they truly get it. I have pivoted so many times based on how people respond. You want criticism and the honest truth.

- As a solo founder, the resources are limited. People have limited time. Something my GF mentioned that I have taken to heart is that try to maximize the user effort/user reward ratio. Think of Google...a few seconds of input gives amazing value. Can you shape your product such that you maximize this ratio? Can they benefit from your product within 30 seconds or 1 minute of landing on your page? This may not be possible for every thing, but it will force you to think of different ways your value prop can be presented. In my early experience, nothing sells better than a product that actually delivers true value in a short time frame.

- Have Plan B, Plan C, ... etc. Know that your initial proposed idea or execution might fail. Have an idea of how you will pivot next. You could pivot within the same conceptual domain, or have an entire new domain ready to work on. If you are relying on one thing only to succeed, that's a very brittle setup. The first product or service is mostly to optimize learning for the long haul. Learn everything you can about various things within and outside product. If you end up succeeding with the first attempt, that's an added bonus :)

- Read a few business books that relate to the lean startup, product validation, common mistakes early on. Learn from others' mistakes as much as you can so you reduce the likelihood of repeating them.

- Know that you will make many mistakes and there will be many dead ends. Don't compare your chaotic efforts with seemingly smooth success of others. It's never really that way. Make sure you are learning at every step, able to step back, look at the big picture and move on. Comparing your chaos to others' success can be very disheartening and unfair so be aware of that.

- Lastly, don't be that person who spends 2 years building and then emerging from a den. I know many folks who have done that and results are not pretty.

Re: Ask HN: How to found a company as a single founder?

#215

Earlier quoted context omitted.

Yep

Wow. You were a lifesaver for me. I got into my dreamjob, thanks to interview cake. To anybody looking to switch jobs in a computer science field, I will strongly recommend interview cake. It's insanely good.

Which product did you get?

Re: Ask HN: How to found a company as a single founder?

#216

You don't have to have superpowers. You just have to have some product sense, some engineering chops, and the ability to take 6 months off (not everyone can afford this, and that sucks) to build the thing and see if you can get people to look at it and buy it. You'll learn all the other stuff along the way (taxes, marketing, and eventually: hiring). Just give it a shot. If you run out of savings and have to go back t…

I'm trying to launch a startup now... https://getpolarized.io/ What I've been mostly focusing on is product market fit and growth. I think I have the product market fit down but the growth aspect is what's challenging me right now. I don't want to just buy growth now as I'm not convinced (yet) that our user base will actually pay. Additionally, I have to figure out a way to get a steady supply of new users through so…

I hadn't heard of this before, and looks really nice. I'd want integrations with apps I already have such content in, mainly Pocket, GoodReader (iPad), and Zotero. I'd need a way to read on my iPad, though, as that's where I read almost everything. I'd pay for those features.

Re: Ask HN: How to found a company as a single founder?

#217
post #200

Earlier quoted context omitted.

I hate that quote. They wouldn't have wanted faster horses, they'd have wanted something faster (or lower maintenance, or cheaper) than a horse.

For most people who ride horses, a faster horse is the only sensible next step. That quote quite succinctly points out a bunch of human behaviors. Just ask the next person you meet about their solution on high rent, bad traffic, etc. to get a sense of what I'm talking about.

Move out into the country. It’s lovely.

Re: Ask HN: How to found a company as a single founder?

#218
post #20

Earlier quoted context omitted.

I agree with this except switch the order. First, start selling. Then start building. It is so easy to waste so much time building something nobody wants, and you won't know until it's too late if you try to sell it afterward. Selling first will inform your decisions on what to build.

I hate this advice so much. I've been burned as a developer so many times by people selling products that don't exist and then expecting the dev team to just make them happen by some arbitrary deadline. It's a garbage experience for pretty much everyone. But I'm not going to argue against it right now. It's too deeply ingrained as startup wisdom to fight it. So instead, I'll offer this compromise: if you're going to…

> You already know what your programming language strengths and weaknesses are. You can make decisions for your first product iteration already. Are you going to start with a web app? You probably already know what language you want to use.

I think if you are thinking about programming language strength and weaknesses when building a product you need to rethink your approach.

Building a great product has very little to do with technology choice, especially at the beginning. Building a great product is about solving a real pain for your target customer and solving it in a novel and delightful way.

Re: Ask HN: How to found a company as a single founder?

#219

I am solo founder and developer of Sciter Engine : https://sciter.com The project got first customers in 2005 so it is afloat 13 years so far. Until 2014 it was a side project. Since then I am working on it full time as a solo founder and developer. Initial version was pretty simple so I was able to do it after official work hours and at weekends. Thus I didn't need any funding at that time. The project has definitel…

> You should do it in modular architecture: if first one will not take off you will have ready to use components for the next one.

This is actually really great advice! I sold my previous side project and still had lots of reusable code to use for https://tinytracker.co

Re: Ask HN: How to found a company as a single founder?

#220
post #27

ideas have no values, implementation does the very same idea could be implemented in different ways, some would work, some other would fail the only way to be sure is to build it and ship it, eg. "does my implementation provide value to customers or not?" it does not have to be big, it does not have to be perfect, it does not have to be complete (avoid the features creep), but the implementation itself or the product…

> ideas have no values Fully fleshed and well-justified ideas worth hell of a lot.

> Fully fleshed and well-justified ideas worth hell of a lot.

"Fully fleshed and well-justified ideas" are worth 100% of $0.

Execution is everything. How you implement and execute the idea is what sets you apart.

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