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The cheapest way to discover if a startup idea will make money

7 pointsby haraballabout 13 years ago

2 comments

gdpabout 13 years ago
Genuinely good advice, but the prose wrapped around it is tedious and over-wrought. I think a lot of people will tl;dr this, so (spoiler alert!) the advice is basically to use Twitter to validate ideas by seeing if you get a follow-back rate of more than 10% from people in your target audience.
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Nik_Adhiaabout 13 years ago
Personally, I don't think that twitter is the best measure. Given the amount of noise and the whole follow back culture, you might just end up getting the 1/10 person who ends up following everyone.<p>I think if you are going to use twitter, have something interesting to say about the area where your startup is based in - that will attract initial early adopters and those who are passionate about the space.<p>Also, I do feel if you have some JS, CSS knowledge, go out and actually build a landing page - see if people actually sign up to what the product will be (or could be) - that's a much better way to gain traction and email addresses for those who could end up being your early adopters.