A startup feasibility question
Last night, I had an idea. Searching the web, it seems there are already a couple sites which would be pretty direct competitors.
There are a lot of things stacked against me, and I'm curious if people think it is worth the effort to go forward with my idea. In addition to the competitors, I have a full-time job, and the startup would require a lot of skills I don't currently have (I'm a software engineer, but the idea is very web 2.0ish and I've never used ruby/ajax and have only a basic knowledge of databases).
How plausible is it for a single engineer, working nights & weekends, with minimal web-programming experience, to launch a successful web service?
4 comments
[ 3.4 ms ] story [ 17.8 ms ] threadfrom what i understand, http://carbonmade.com is a good example. three guys working part time (according to their 'story'), who now have a nice lifestyle business. they have big competitors, but have attracted enough paying users to do well for themselves.
so possible, yes. and learning web dev skills won't be a wasted effort, regardless of whether or not this particular venture works out.
if it's a big enough market to support several successes, i'd encourage you to take it on.
I haven't been this excited in a while. Not only do I need to learn a lot of new tech, I need to figure out a lot of the business/marketing side too. When to start trying to attract users, how to drive traffic to the site, how/if/when to bring in other developers.
Any thoughts on how to determine if the idea has traction? Like number of users after a certain time or reviews/bloggers comments, or even gasp revenue?
a lot of those companies started as hobbies or side projects, and one day the site crashed and the founder realized he needed a whole lot more servers to keep up with the growth.