In my experience, the answer is almost always “just apply” - there’s no harm in it and answering the questions can be helpful to consider various aspects of your idea in more detail.
True. It’s just going to physically hurt if the hurried demo doesn’t do the idea justice. Won’t be fair to the scope and scale of the idea. I guess just apply is the answer regardless. Thanks!
Thanks Michael! For teams that start out this way, what is your advice for iterating on this initial seed of an idea and finding product-market fit (and making sure that you find an idea you can be passionate about for the long haul)?
Get the MVP in the hands of users early and try to learn from them how to make something that they want. Be open to the idea that while you might have figured out a good problem to work on - your solution is just a hypothesis to be tested and refined over time.
What do you do if a decent amount of people use your MVP, but then churn out and don't respond to requests for feedback? Essentially, they don't really care about the problem or solution, they were mostly just curious. Scrap it and start again? From my experience and what I hear from friends, this seems very common.
Unrelated: In a previous talk, Brian Chesky mentioned writing down the core values of Airbnb before they had hired a single employee - do you think (other) startups should follow this example in the early days and consider the future culture of the company?
Thanks a lot jameshk! Currently there aren't any major roadblocks from a regulatory point of view. Infact the Indian market regulator is bringing forth many forward looking regulations and introducing the concept of fiduciary responsibility in India.
I recently purchased one of their "one for one" backpacks. It's of excellent quality, and the founder, Salima, truly cares about the company's mission.
I'm a Gyroscope user and really enjoy it. It combines tracking from different sources well, making it easier to understand your day, and take action based on that.
