Building an app? Download our pricing report!   Download

Working for free is OK in the early days, but later, it gives you an excuse to just “do your best”.

7 months ago | From Medium | Author: Jason M. Lemkin

What are the Top 10 things I’d tell myself to do better, if I could go back in time?

My top list:
Slow down big decisions — when you aren’t sure. You have to move fast and break things, but if the pit in your stomach says “maybe don’t do that” — slow that decision down. My biggest mistakes have been where I quickly said “roll the dice”, but my gut wasn’t sure the downside risk was worth it.
Budget an extra 6–12 months beyond the longest timeframe you have budgeted. We raised 18 months of seed money. We needed 30, or at least, 24 months to get to a true business. It always takes longer. More here.
Slow down the initial team formation phase if you don’t have it right. Fire fast doesn’t work so well with co-founders. No one has a perfect team to start, or ever. But if the initial team’s goals aren’t aligned … that never gets fixed. It’s OK to wait another 3 months to say GO if that means the team is stronger.
Charge from Day 1. Free users and “free customers” provide terrible, distracting feedback. Not always, but almost always. More here.
Pay Up. Even when cash is tight, paying an extra $20k a year or more for a resource that is 2x-5x better is the best investment you will ever make.
Charge more. Your product either has value, or it doesn’t. Charging 20%-50%-100% more than you’d planned will help you learn that faster, and get to a viable business faster. Don’t charge less to get the ball rolling. That only helps with commodities. More here.
Fire anyone that isn’t 100% customer-centric. Later, not everyone has to care about customers. But in the early days, everyone has to. They will let the whole company down in SaaS if they aren’t.
Resolve founder conflict. Founder conflict kills start-ups, though often slowly. You gotta fix this early.
Pay yourself as soon as you can. Working for free is OK in the early days, but later, it gives you an excuse to just “do your best”. Your best isn’t good enough. Winning the market is good enough.

Get better mentors — and pay them. You haven’t done it all before, at least not everything. And even if your mentors are centimillionaires — pay them (at least in equity). A so-so mentor or advisor is in the end a waste of time. But 1 or 2 folks that can truly help you think through the tough decisions — they are worth their weight in gold.

       

What your peers are reading!

When a company understands its users as well as purple does, it feels like they have earned our trust
When a company understands its users as well as purple does, it feels like they have earned our trust
Added 7 months ago | As appeared first on Prototypr | Author: Justin Ramedia

Not long ago, I was trying to watch a video on YouTube. I got the expected “5-second till skipping” countdown and had my mouse hovering over the skip link, but the video was interesting. I laughed, so I figured I’d give it another few seconds to see what the product was all about. I ended up watc...  ...Read more


Companies looking to build consumer habits should know that monetization is a result of engagement .
Companies looking to build consumer habits should know that monetization is a result of engagement .
Added 7 months ago | As appeared first on Medium | Author: Nir Eyal

According to the New York Times, when Page looks at a potential company to acquire, he wants to know if the product is, like a toothbrush, “something you will use once or twice a day.” Page clearly understands habits. As I wrote in my book, “Hooked: How to Build Habit-Forming Products,” frequent...  ...Read more


When a startup company is visualizing their product, they tend to forget the moments a user has to wait.
When a startup company is visualizing their product, they tend to forget the moments a user has to wait.
Added 7 months ago | As appeared first on Hackernoon | Author: Wayne Chang

Contrary to MVPs, where the goal is to get something barely usable out the door and into the market for initial feedback, an MLP takes the opposite approach, treating, among other things, the first-time experience of a new user very seriously. This is the first time they’ll see your product, the...  ...Read more


Launching is hard work, but if hyperlocal marketplaces works in one market, then it will work in hundreds more.
Launching is hard work, but if hyperlocal marketplaces works in one market, then it will work in hundreds more.
Added 7 months ago | As appeared first on andrewchen | Author: Andrew Chen

How to build a billion dollar digital marketplace – examples from Uber, eBay, Craigslist, and more Marketplaces are easily underestimated When marketplaces get big, they can get really big. Some of the biggest tech successes ever – eBay, Airbnb, Alibaba, Uber – are marketplaces worth ...  ...Read more


If you release your product too early, users may write it off as not good enough and getting them back may be difficult.
If you release your product too early, users may write it off as not good enough and getting them back may be difficult.
Added 7 months ago | As appeared first on cbinsights | Author: cbinsights

From lack of product-market fit to disharmony on the team, we break down the top 20 reasons for startup failure by analyzing 101 startup failure post-mortems. WHERE IS THIS DATA COMING FROM? Start your free trial today Email Email SIGN UP After we compiled our list of startup failure post-m...  ...Read more


ARR can be the wrong metric to focus and it can provide a false sense of progress — a vanity metric.‌
ARR can be the wrong metric to focus and it can provide a false sense of progress — a vanity metric.‌
Added 7 months ago | As appeared first on Note Worthy | Author: Villi Iltchev

Annual Recurring Revenue (ARR) is the most frequently used metric in SaaS. Even non-recurring revenue startups use ARR when they want to describe the size of their business (which makes little sense, but that is the topic of another post). ARR is a simple and beautiful metric because it is easy t...  ...Read more


Top Mobile App Development Companies

Moobila Company Profile, Apps, Reviews   
Moobila

Moobila specializes in creating custom iPhone, and cloud-Based applications designed for your personal or business needs. .more

Employees: 27
Founded: 2010
Technologies:   iOS   
 Locations

Islamabad, Pakistan

inqbarna Company Profile, Apps, Reviews   
Inqbarna

We dream apps, we imagine apps, we design apps, we create apps. We live apps, we love apps! Have an app idea? Bring it to us!.more

Employees: 0
Founded: 2013
Technologies:   Android    iOS    Windows Mobile   
 Locations

Barcelona, Spain

RapidValue Company Profile, Apps, Reviews   
Rapid Value

A leading provider of end-to-end enterprise mobility solutions to emerging product start-ups, Fortune 500, Fortune 1000 and Multi National Companies. .more

Employees: 200
Founded: 2009
Technologies:   Android    iOS    Blackberry    Windows Mobile    HTML5   
Appmosphere Company Profile, Apps, Reviews   
Appmosphere

We do iOS, Android and Windows Applications. Website, Mobile and Interface Design..more

Employees: 0
Founded: 2013
Technologies:   Android    iOS    Blackberry    Windows Mobile    HTML5   
 Locations

Minneapolis, US

Are you sure, you can find a capable, trustworthy & affordable mobile app developer, all by yourself?

Looking to Build a Mobile App?

Here are some of the best apps built by developers from our network.
THE ULTIMATE SALES TOOL - Audi by Mutual Mobile - App Development Company in Austin, Texas, United States
  THE ULTIMATE SA...
by Mutual Mobile
iOS   
 4213
        
WORK[etc] by ThinSlices - App Development Company in Iasi, Iasi County, Romania
  WORK[etc]
by ThinSlices
Android    iOS   
 6135
        
Brickstr by DevelopmentNow - App Development Company in Portland, Oregon, United States
  Brickstr
by DevelopmentNow
Android    iOS   
 4407
        
iFlipMeasure Lite by Moobila - App Development Company in Islamabad, Islamabad Capital Territory, Pakistan
  iFlipMeasure Lite
by Moobila
iOS   
 5668
        
     
About •  Careers •  How it works for Developers •  FAQ •  Contact •  Blog •  RSS

© 2012 - 2017 ContractIQ   Terms of Service   Privacy Policy