User Power
Post/Like Ratio
1,152%
Register now
You must login or register for fastlane membership to view hidden content on this page.
By skeleton version, do you mean paper and pen Or some kind of prototype build of the actual app?You could probs build the skeleton version then ask for an experienced coder to help visually design your app.
Richard Branson - "If your dreams don't scare you, they are too small".
The one problem with the local market approach is that any marketplace app. is almost impossible to protect as there is no core IP. The value as noted by others comes from the participation of the two parties - so there is a major need to create critical mass as early as possible.
These businesses are one of the few where it makes more sense to get investor involvement as soon as practical in order to ensure the copycats cannot keep up with your growth.
BTW: I know you can see the value of your idea - but almost every inventor believes their invention is essential to the world - how much validation have you done / can you do before pouring money into development but more importantly the necessary marketing effort to kickstart a marketplace (not a trivial endeavor by any stretch of the imagination).
Love that quote. My business endeavors so far clearly hasn't been big enough, because I've never had this feeling before. CPA Marketing, T-Shirts, Affiliate Marketing, Info products etc - none of them were super big projects at all. This on the other hand is 10X more ambitious than those other businesses.
Yes, other than the costs of developing the apps and hoping I can find a developer to partner with for equity instead of digging in my pocket, my 2nd worry is the part where it's time to get consumers and service providers signing up at a fast rate. I feel a bit better by that thought when I think about only launching it in Atlanta first and hopefully having it blow up here before spreading elsewhere.
I've shared my idea with a couple friends and a few riders(Uber) and they all thought it was a great idea. I know this isn't the most reliable data but they all seemed quite enthusiastic about it, so unless they were really good at pretending, I don't think their approval was forced or disingenuous. Is there a better way to confirm other than asking friends and random strangers?
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.