How small is too small?
How small of a website/idea is too small? Are you ever nervous your idea isn't big enough to provide you any meaningful revenue?
How small of a website/idea is too small? Are you ever nervous your idea isn't big enough to provide you any meaningful revenue?
Hey Noah,
One test I always use is the Ubersuggest.com test.
I put a business idea, or search term into Ubersuggest and check out many people are searching for it each month.
I did one today for example, 'Logo maker iPhone app'
It came back with around 50 searches per month, so 50 people are searching for this each month.
I consider this too small.
In comparison, there are 200,000 searches each month for 'logo maker' - I consider this big enough.
If your search returns queries in the 1000's I consider this big enough to work on.
Hope this helps : )
Hey Craig, great idea! I'll think about this some more.
Yes, I worry about the size a lot (lol).
What I have learned over the years as an entrepreneur (5 companies, 2 closed, 2 exits, 1 current startup) is that market pull is the biggest factor when starting up, and that it's fairly easy to test this upfront.
Build a fake landing page, try to drive traffic to it, see if you get leads and if you get any try and talk to them to learn what problems they were trying to solve.
You will fail to do this, and that's good! Fail now before you are invested in a product. Use your failure to iterate over your offer and marketing until you find a good source for leads/sigups and then start to figure out what product to build for this problem.