Ideas and Validation June 28, 2020

Is that the same as this ?

eduarguz

Hi guys, Im new at IH and new to this whole maker thing. I have had a few ideas in my career but I have never actually built one.

Why? Because I always think that my Idea is the same thing as other product/app/company.

Is this a bad thing?

I want to build an app where shopping stores can bring their products and sell them online using their own payment gateway. Without them having to worry about code, servers, domains, maintenance, updates, traffic... etc

But then, here it comes... Is this WooComerce? Shopify? Gumroad? Amazon? Ebay? 🤔

... yes but no.

It looks like a problem other products are already solving. Is there room for improvement? Can I make something different?.. I think I can

Sometimes it feels like copying other peoples products, like copying the same thing others do, like stealing ideas. But sometimes I think that It can be just another option in the market and that is not a bad thing. It's just competition.

In the end, I always think every idea has already been solved or has a product trying to solve it. Like having (spotify,deezer) (youtube, vimeo) (aws,azure) (stripe,braintree)...

What do you guys think?

  1. 4

    I know what you mean. We're building in the space of analytics which has something like 5700 companies so I found myself asking this question a lot before I quit Microsoft.

    First of all, if you can't convince yourself it's different, it's probably not different enough. :)

    If you can though, than give it a go! You'll learn a ton. Here's how I'd go about it.

    Put simply there are three ways to build:

    1. Have an idea about the world
    2. Solve your own problem
    3. Solve a pre-existing audience's problem

    It sounds like this one is #1 which is dangerous because you're effectively hoping your understanding of the world is correct. You're hoping:

    1. There are people that find this important.
    2. People understand your solution and like it.
    3. You know how to get a hold of those people.

    So what to do? Build something and give yourself 1 day or 1 week max to do it. If you can't think of a way to build it in a day or a week don't do it. But I'm sure you can think of something. Worst case scenario build a landing page in a day!

    Once you do, go and reach out to 100 people one by one. You'll have to learn how to accentuate your differentiator or they won't even respond.

    Good luck!

    If you are interested in more on this topic check this out.

    1. 3

      Awesome!! Thank you so much

      Will apply some of that 😊

  2. 2

    Stripe launched almost 13 years after Paypal. Today, people prefer Stripe over Paypal simply because it is a better product.

    If you are a product person and haven't done a lot of marketing, copying an idea and making it better is welcome because you are playing to your strengths. You only have to reach out to people already in the market and promote your product as a better alternative.

    Building something unique can be gratifying, but finding customers is hard. You don't know who to reach out to, and how to get them to pay for this.

  3. 2

    All the companies you mention have competitors. That tells you it's ok. It's often recommended to find a niche part of the market and focus on that.

  4. 2

    Sometimes it feels like copying other peoples products, like copying the same thing others do, like stealing ideas. But sometimes I think that It can be just another option in the market and that is not a bad thing. It's just competition.

    Much, much better to copy an idea that you already know works than to go out of your way to be innovative for a market you don't even know definitely exists.

    Your product will evolve differently than your competitors' over time anyway, assuming you're not just copying blindly.

    1. 1

      Thank you for your opinion. Lets see how the idea evolves

  5. 1

    Definitely not. People get caught up with this in the software space but 99% of non software companies do the same thing as each other.

    No competition leads to monopolies, my product competes directly against Trello for example.

    1. 1

      Thank you!
      Your project looks like a good example

  6. 1

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