Do you sacrifice one product for another?
I'm building two products and one of them is DoTenX - an alternative for Zapier. I've invested more in the other product but this one is just outperforming it massively.
I was looking for early users here and on Reddit and in one day I got a long list of interested people and it doesn't even have a landing page!
Now it's time to go 110% in with one of the two products, what should I do?
*I'm so attached to other product that I'm not even that happy with the success of this one tbh.
Personally I'd go all-in on the project bringing me results. I'd spend 10% of my time on the other project if it's fun. But that's just me.
I see your point. I think after launching DoTenX I'll be in a better position to decide.
I think this question is very important because it pulls at two conflicting pieces of wisdom.
Right now I'm in maintenance mode on my first SaaS for creative musicians and spend 20% of my time on it.
I spend 80% of my time on a new customizable, productivity timer.
Which ever has the most traction I will spend more time on. Right now that's the productivity timer.
I would spend your time where your goals lie.
Lmk if that makes sense.
It's exactly the two options I'm dealing with. I'm soon going to launch DoTenX and I guess at that time I'll be able to decide more easily.
I mean, isn’t this question is similar to what should I build? That depends on your interests, goals (money, learning, etc.), etc.
The best way to validate a product is the wallet test—will someone pay for it?
Not exactly, when you want to start building something you still haven't invested much in the project and although some decisions and factors are similar, they're not entirely similar situations.
But, I see your point and those factors are definitely important.
Don’t fall victim to the sunk cost fallacy 😄
I’ve killed a project that wasn’t as easy to sell as another one. I liked them both, but I just went with the one that had the greatest odds of success. I can always make the other one later.
"Never half-ass two things. Whole-ass one thing." - Ron Swanson (Parks & Rec)
Love that quote. That said, sometimes you've gotta pay the pay the bills and do you passion on the side... just make sure that the passion gets enough attention so that it can start paying the bills.
Not an easy decision to take really.
It's tempting to go with the one that is most successful... but I'd follow your enthusiasm. Go with the one that excites you, and that you'll love to work on. Don't burn out on something you aren't interested in.
But if they're a close match in enthusiasm, then sure, go with the successful one.
My passion for them is not comparable, but I'm thinking at the end of the day I have to make money with them. Maybe right now I have to just adjust the priorities.
Different projects need different amounts of time during their lifespan. It's good to work on the new project a bit more now and turn back to the old one once the new project needs less time.
Fair point, it's the best not to kill one for the other. Maybe just some change in the balance of how the resources are allocated to them.
I've shifted around my priorities a few times for different projects. I think that's a natural thing to do based on the interest you receive. If you're interested in pursuing both, I'd say continue to move around your time commitment to each and don't get married to one or the other until it's truly taken off.
I'm doing this at the moment, I'm just not sure if I'll regret it later or I'll be happy about it.
Be very careful with treating "interest" with people being ready to pay for it. Burried a bunch of products because of that mistake. Shared 15 more at gum.co/skillers. Try to land 5 sales for both and see which one is easier to scale. Can help you with those.
You mean the interest is not a sign they'll pay for it?
I had 50+ of emails in the product waitlist which converted into a few users and 0 customers. Know many guys for who it's been even worse.
Fair enough. It's not completely validated until the pay I guess.