#reallifelessons
Before bringing my MVP to the market, I plan to prove my product fits the MVS( minimum viable segment) from wat i thought is the dream market and went to talk three business owners.
- prior to building an MVP u must check, recheck and triple check ur value proposition with actual problem they face.
- doing research is a must before start building anything like going door to door or whatever just do more research in person
- put urself on the client shoes and see the value of ur product
- ur product should show visible value to close deals easily most sales people call it "instant gratification" that where the game is
- even if the value is not that visible if ur a great communicator or salesman u will sale it gn very great mehone gd new
- have a full idea of the market gap u think u see may be the gap is not that big
- pain point in the market doesnt directly translate to willingness to pay especially local clients want get everything for free or for cents
- product market fit is not the only thing to consider
- In ur research u must directly ask , how much are they willing to spend to solve their problem this tells whether to continue the project or to quit.
@devabstack
Before bringing my MVP to the market, I plan to prove my product fits the MVS( minimum viable segment) from wat i thought is the dream market and went to talk three business owners.
Here is the things I know but didnt implement
- prior to building an MVP u must check, recheck and triple check ur value proposition with actual problem they face.
- doing research is a must before start building anything like going door to door or whatever just do more research in person
- put urself on the client shoes and see the value of ur product
- ur product should show visible value to close deals easily most sales people call it "instant gratification" that where the game is
- even if the value is not that visible if ur a great communicator or salesman u will sale it gn very great mehone gd new
- have a full idea of the market gap u think u see may be the gap is not that big
- pain point in the market doesnt directly translate to willingness to pay especially local clients want get everything for free or for cents
- product market fit is not the only thing to consider
- In ur research u must directly ask , how much are they willing to spend to solve their problem this tells whether to continue the project or to quit.
@devabstack
π€2
Forwarded from Eyu Devs
INTRODUCING GITSTREAK
It's pretty self-explanatory.
Open β see your grid β feel the momentum β close.
Under 5 seconds. No login. No ads. No complicated dashboards.
What makes it stick:
π₯ Home screen widget : See your streak without opening the app.
π¨ Themes : Make your contribution graph yours. Dev-coded, bold, soft - pick your vibe.
π₯ Friends : Compare grids and keep each other shipping.
Try it out β LINK
Letβs see whoβs actually shipping.
@eyudevs
It's pretty self-explanatory.
Open β see your grid β feel the momentum β close.
Under 5 seconds. No login. No ads. No complicated dashboards.
What makes it stick:
π₯ Home screen widget : See your streak without opening the app.
π¨ Themes : Make your contribution graph yours. Dev-coded, bold, soft - pick your vibe.
π₯ Friends : Compare grids and keep each other shipping.
Try it out β LINK
Letβs see whoβs actually shipping.
@eyudevs
#60day plan
new month 45/60 days , 75%
Unexpected things keep happening for good. Lock in next 15 days to fully achieve #theplan.
@devabstack
new month 45/60 days , 75%
Unexpected things keep happening for good. Lock in next 15 days to fully achieve #theplan.
@devabstack
#notestaken ep2
Build and flip: playbook
step 1, spot trends in app store
- Sensor tower an application that tell an estimate of the total revenue an app get per month
- if all apps make over $100k ARR within the same niche. it tells you the market is big and you have a chance too.
step 2, change and market to specific audience
- find the market gap where no looks at and act
step 3, make app single player
- something someone can do on their own without having to invite someone else
step 4, make it shareable or high retention
-High shareability can be achieved by allowing users to share content within the app, which drives new users to download it. An example includes sharing songs to engage friends.(depends highly on the product)
step 5, make the tech stack simple
-apptracker.com to see how quickly other apps have gone up in the app store. see if there's any changes in like the bios or the titles etc. which can obviously help with ASO.
step 6, promotion
-make the contents you make to promote the app something that confuse others and make them see the video again by doubting they really did see that on the video.
- you can use UGC(user-generated content) creators not influencer cuz this focus on distribution to generate brand awareness and drive while UHC focus strictly on producing content where brands buy these videos/photos to use as marketing assets on their own channels
step 7, sell
- micro acquire(currently acquire) is a great place to sell your online product
- posting on twitter as well works if you have the right audience
- When an investor or private equity firm wants to buy a business, the purchase price is often calculated as a multiple of EBITDA.
@devabstack
Build and flip: playbook
step 1, spot trends in app store
- Sensor tower an application that tell an estimate of the total revenue an app get per month
- if all apps make over $100k ARR within the same niche. it tells you the market is big and you have a chance too.
step 2, change and market to specific audience
- find the market gap where no looks at and act
step 3, make app single player
- something someone can do on their own without having to invite someone else
step 4, make it shareable or high retention
-High shareability can be achieved by allowing users to share content within the app, which drives new users to download it. An example includes sharing songs to engage friends.(depends highly on the product)
step 5, make the tech stack simple
-apptracker.com to see how quickly other apps have gone up in the app store. see if there's any changes in like the bios or the titles etc. which can obviously help with ASO.
step 6, promotion
-make the contents you make to promote the app something that confuse others and make them see the video again by doubting they really did see that on the video.
- you can use UGC(user-generated content) creators not influencer cuz this focus on distribution to generate brand awareness and drive while UHC focus strictly on producing content where brands buy these videos/photos to use as marketing assets on their own channels
step 7, sell
- micro acquire(currently acquire) is a great place to sell your online product
- posting on twitter as well works if you have the right audience
- When an investor or private equity firm wants to buy a business, the purchase price is often calculated as a multiple of EBITDA.
Another advice from this builder is "Always play games you can win and always have edge!" (idk we should take it or not.)
@devabstack
#EBITDA
To make it clear EBITDA stands for: Earnings Before Interest, Taxes, Depreciation, and Amortization
- If your company generates $500,000 in annual EBITDA and is valued at a 3x EBITDA multiple, the estimated sale value of the business is $1.5 million.
@devabstack
To make it clear EBITDA stands for: Earnings Before Interest, Taxes, Depreciation, and Amortization
- If your company generates $500,000 in annual EBITDA and is valued at a 3x EBITDA multiple, the estimated sale value of the business is $1.5 million.
@devabstack
π₯2
I think we should have projects that we do solely without the help of AI. Just good projects which help us understand basic system architecture more with trial and error. Only coding with AI tools makes u feel dumb as some point. You dont know whats going on at all on ur project. So I believe its so necessary to have side projects that will improve ur knowledge more and put u at the same level with the tools u use. Otherwise, let alone coding, you will even forget basic syntax of the languages u use.
@devabstack
@devabstack
β€2
Vibecoding is good but except ur ideas ur not even important in ur own project. the thing is like when someone build a property, its valid for him to claim he built his home or apartment. Eventhough his using professional to build it. So it gon' be the same for us too.
@devabstack
@devabstack
first time I heard there is an app called WhatsApp was when one of my fam asked me to call him cuz he's abroad. I wouldn't know abt it otherwise in my early age. But its quite amazing we're the only Tg dominated country in africa.
@devabstack
@devabstack