Many people advocate building 12 startups in 12 months and equally same amount of people advocating against it. What are your thoughts? My interpretation for success is, building 12 startups/solutions in the same domain!!! Building/delivering 12 differing solutions to the same problem! Success is guaranteed!
As is so often the case, people with the skills needed to create software tend to focus on “building”.
We’ve known for years, at least 12, that seeking validation should be the first step, therefore, consider taking a step back and reframe the practice as: “validate 12 ideas in 12 months”.
Nomadlist was validated by way of an open google doc and crowd sourcing data points.
WIPchat was validated on twitter using threads.
I think product hunt was also validated via twitter. I do remember Ryan always being very excited about new products.. that said, it was a long time ago..
Alternative frame: Use 12/12 to validate.
That is, find a market (that you can reach!) and their problem first. Then figure out the solution (your offer) and build.
@Shaunau: Agreed “validate 12 ideas in 12 months” would be a good start!
This is a great excercise and something Im hoping to do myself. Keeping the issue simple is key to making this work effectively
I've never done it before, but I think it's a good exercise. I think the main benefit is it puts you in the 'get it done, get it into production' mindset. When I switched from being a programmer at a large corp to being an indie hacker, I needed to drop a lot of big corp habits. Stuff like:
I am in the same phase actually, trying to move from big tech thinking to an indie hacker thinking. Had initial resistance towards shipping non perfect solutions being deployed to prod, but now I value EXECUTION over any solution. Multiple solutions in the same space would win.
I would rather focus on one instead of 12. Business is not something you can start just like that and expect to make a profit.
Many startups won't even make a single penny in profit for the first few years. You can host 12 new websites and call it 12 startups.
But in reality, building a sustainable business requires time and effort.
My startup took me 3 years.
Many believe developing software or creating an eCommerce store is starting a business.
No, it's not. Business is all about sales and making a profit out of it.
You can even start a business without any product.
Take me, for example. I started my copywriting business 3 years ago. I had a website and all other things in place. But it was still hard for me to get clients.
I took all the possible steps to gain clients, and most importantly, I have spent a lot of money on the process.
But today, I made my business sustainable. I get clients consistently, and the business makes me a profit.
So my suggestion is: take a single problem and provide a single solution. Once you become good at it, you'll have enough profit to build new businesses.
@agilan: Thanks for the guidance. Currently I am working on getting clients. Could you share what worked for you in terms of getting a steady flow of clients? I run an AI focused software services firm.