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Ask HN: How did you start a business? What was the first step?

7 pointsby codesternewsover 6 years ago
What was your first step to start a business or startup.<p>Was it side project? or was it hobby? or was it remote work?<p>Did you just left the job or pursue it? or you grow your business first?<p>I wanted to do business but I do not know where to start. what did you do as a first thing to start a business?

2 comments

buttminerover 6 years ago
The first thing I did was find paying customers, as brudgers mentioned.<p>There are many many many business ideas that are hard to generate a single dollar of revenue off of because the problem you&#x27;re solving is not big enough.<p>I&#x27;m in the cannabis point-of-sale space. The problem I was solving was inventory management for a single store I knew. If could help him track his numbers better, that was worth money to him (because he would save money for his business), and he was willing to pay $100&#x2F;month for that right off the bat.<p>If I was solving something like, have a cool iPad display to show your products to your customers, that wouldn&#x27;t be worth any money. It&#x27;s not solving a big enough problem.<p>As we scaled, our value propositions shifted from a micro-scale more towards government compliance. Now we charge $500&#x2F;month because we are solving a bigger problem.<p>Long story short: find a problem people are willing to pay for. If nobody&#x27;s willing to pay, that&#x27;s because the problem isn&#x27;t big enough.
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brudgersover 6 years ago
Find <i>paying</i> customers.