Apps Start-ups, Do’s & Don’ts
Do you have the next million dollar app idea? Avoid the common pitfalls of first-time entrepreneurs.
1. SHH.. IT’S CONFIDENTIAL
You ask everyone to sign a Non-Disclosure Agreement (NDA) before you reveal even a word about your idea.
Our TakeIt is understandable that you want to protect the idea but app developers are not here to steal it. Sharing your idea can invite useful feedback from experienced insiders who have heard it all.
2. UBER OF ....... SOMETHING!
You have picked an incredibly successful app and want to copy it for some other domain or country.
Our TakeWhile this may work for the lucky few, operating on assumptions without investing in adequate research is simply reckless. Before you invest in “Tinder for Shoes” develop a solid marketing strategy that identifies your users, your competition and your value innovation.
3. LET’s TWIST
Usually an extension of 2, so it is still a clone of some other app, but you have some ideas to make it more efficient.
Our TakeWithout having been a part of the brains and teamwork behind those successful apps it’s hard to know the rationale behind the final end product. Again, do your research to see if your proposed improvements would add enough value. Are you sure your idea makes sense, and have you considered all possible use cases?
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4. MIX IT UP
You are trying to pick ideas from multiple successful apps and integrate those to make one app that does it all.
Our TakeIt all depends on how you execute it. Don’t try to solve all the problems in this world at once. Keep it simple and do one thing at a time. Let your users dictate the direction once you launch the MVP.
5. KNOW IT ALL
You don’t know what you are talking about but still use the technical jargon and pretend that you know it all. You speak of architecture and frameworks all the time.
Our TakeAgain, trust your developer, they are here to help, so no point pretending and making it more complicated than it is. If anything, you will end up making your own life difficult. Explain your expectations and let everyone contribute.
6. TRUST FUND BABIES
You have an idea AND access to funds so manifesting your idea into reality should be a piece of cake.
Our TakeUsually, startups run into two major issues: the first is funding and the second is successfully executing the idea. You got at least one part covered so do your due diligence and choose the right team to build and market your idea.
7. EQUITY
Hey developer, I have an idea. Do you want to work for equity and be part of this venture?
Our TakeMost developers will directly or indirectly turn down your offer, and even if someone says yes, it is probably not the right move.
The list is long and there might still be some we have missed. It takes all to make this world of start-ups to run. We learn from some, what to be, and from others, what not to be. As long as your idea is changing the world, you are your perfect sort. If you have that idea that the world is waiting for, you have the plan, you have done the feasibility check, talk to serious investors, pitch for your idea and bring it out of paper.
Good luck!For a free consultation, reach out to us at hello@ocdlab.co
