5 mistakes every Indie Entrepreneur should make
https://dankulkov.substack.com/p/22-weekly-dan-5-mistakes-you-should
You need to make mistakes. This is the only way to succeed.
That’s why I collected 5 mistakes that every Founder should make.
I’ve made them all. This experience made me a better Maker.
I really like the 1ST one; being cheaper or even free tends to attract everyone, including the wrong type of customers focused only on getting things for free.
absolutely! couldn't agree more
Are paying users are also a green flag for potential investors? Even if the user count is low compared to if the product was free/cheap?
Yes, Paying users > Free users
@kronop - Great points!
"Copying competitors" is a big one, we shouldn't obsessed with competitors and make the same mistakes ourselves.
Absolutely.
These are great. Re "Cheap Customers"... There has been a clear line between my members who are in the top tier vs entry level. The top tiers pay more and require less help and are super engaged making my job much easier.
I hope more and more Founders realize this.
Thank you!
Great insights here! Especially agree with the one about copying competitors.
thank you!
ye, that one stopped us from growing for a long time 🫠