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Ask HN: Users joined my waitlist within a day and few of them are ready to pay

3 points by manoj_SprintsQ ↗ HN
Yesterday, I created my landing page with the idea and use cases of my new AI app.

Then, I shared it in the subreddits requesting for validating the idea. I got a few validations and more signups for the waitlist.

so my question is should I start building now or need to wait for some more time?

8 comments

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pinkmuffinere
It sounds like there is no obvious error/issue based on the feedback thus far. If you feel the response has been warm enough, I think you next want to figure out how seriously people want it, and refine the idea — will they pay for it, or do they just think it sounds cool? Is there a variation on your idea that they would pay more for? Are they so excited that they tell friends?

In order to answer those questions I think you need an MVP, ideally with very very low development time. Can you do a smokescreen MVP? Can you make something simple and ugly in a couple days, and get feedback from a couple customers?

I don’t claim to be an authority in this, but that’s my thought

manoj_SprintsQ
Thank you so much! This is going to be my next step
pinkmuffinere
Awesome, sounds exciting! By the way, if you haven’t already read “The mom test” and “the lean startup”, I’d recommend reading them soon. Even just online summaries would be helpful if you’re low on time.
GianFabien
A bit off topic... Elsewhere on HN we see articles that the 6+ month wait lists for EVs have collapsed and dealers are stuck with slow moving EV stock.

So we can assume that consumers/subscribers are fickle. Even deposits do not guarantee future commitment.

The question is: are you prepared to invest 6 months of your time (F/T) and money in building and releasing a MVP? Even to watch it crash and burn? Real entrepreneurs DO!