What Steps would you take to turn this Algorithm I have Built into a Business Model?
I have spent the last few months programming an Algorithm at https://www.chatarr.com which quickly tells you 'What Earth is Chatting About'...
At the moment, it is just me doing everything in the Startup... but I am very keen to turn this into a Household Name, but would really appreciate any Feedback or Advice, on what steps you would take to turn the Algorithm I have built into a Business Model...
I'm guessing that you're aggregating links from news sites?
Why would this be better than Reddit or Digg for example?
The problem you're trying to solve is very big. I think it's probably too broad maybe you could narrow down and focus on a certain niche instead of the world. It's not really the world it's more America/Europe your links are focused on. If I search for Jamaica there's no results.
If I were you I'd focus on a niche and become the best aggregator in that niche.
Maybe you can find a niche that is trending on Reddit
RedditList
This is a very interesting article that may be helpful for you.
The Guide to Unbundling Reddit
Zero to One: Notes on Start Ups, or How to Build the Future
The book Zero to One is very interesting, after reading this book I realised the project I was working on was a waste of time, too much competition. When you have so much competition there's no real winners. It's better to be a big fish in a small pond than a small fish in a big pond