- Robert Boscacci/
- Blog/
- Notes on Entrepreneurship/
- Notes on Walling's "Start Small, Stay-Small"/
- Walling's Market-First Ethos/
Walling's Market-First Ethos
·2 mins
Table of Contents
What’s the biggest startup pitfall?
- Make sure people want what you’re building before you build it
- Building something no one wants is the most common source of failure for entrepreneurs
- Marketing is more important than your product
- Your product has to be good. If it’s not, you’ll be out of business
- Without a market, a software application is just a project
- A product is a project that people will pay money for. In other words, it’s a project that has a market
- Create a website that converts visitors into customers
- Writing code, where most of us are well-versed, is only about 30% of the work
- If you are the typical developer, you will not have enough money, power or fame to generate demand for a product people don’t need
- Market Comes First, Marketing Second, Aesthetic Third, and Functionality a Distant Fourth
- In the same market, the product with better marketing wins…every time
- In the same market with equal marketing, the product with the better design aesthetic wins
- Functionality, code quality, and documentation are all a distant fourth
- Marketing is about math and human behavior. The math part is straight-forward
- Even the foremost marketing experts in the world are not sure whether people will buy a new product
You have to take your best guess; then measure and tweak. And then do it 20 more times until you succeed