I'd suggest doing three things to narrow down the field: 1.Try to sketch the business model for the startup idea http://businessmodelgeneration.com/canvas 2.Get good at doing quick and dirty market sizing of opportunities 3.Check if you are passionate enough about the idea to potentially spend...
I understand your doubts. I had them too until I learned a little of how it works and then I saw several real opportunities for Bitcoin to be used. I wrote a post on it with one example that can maybe help you understand: https://medium.com/@JDcarlu/on-bitcoin-south-america-a080fe17179e
Finding a cofounder is tough, especially at early stage. I think the way your are approaching it make sense and I followed a similar path. Once you have developed an MVP you will have more to show both to potential cofounders, employees and investors. This will also allow you to raise some see...
Hi, These are the 3 most important first steps (all are related to validating your idea - meaning checking that there truly is a need for it): 1. Online research with D"r Google :-). 2. Offline research: ask as many people as possible what they think of "the" idea. Not YOUR idea. You need to as...
Here are some options: ___Free Options___ 1) Make apps without needing to spend a lot of time learning to code. Look into "MIT App Inventor" (http://appinventor.mit.edu/explore/). It's a very _easy_ way to make pretty complex apps using drag and drop coding. You can find youtube tutorials that...
Try and find someone your age that can code and persuade them to join you on your journey. It's either that, or learn to code. I've done both. Learning to Code www.udemy.com www.treehousapp.com + many other. Finding a Co-Founder - Go to meetups - Find a school that teaches computer science - F...
Understanding your market is key. Without a market, products flounder, or worse, fail. I've conducted research on markets where a product didn't exist yet. The research doesn't have to be expensive or lengthy. The purpose of research is to understand the true needs of the market. Based on the...
Great question. Seeing how I'm sure that you value the experts time, just as you value yours, I'll be happy to share some interesting ideas, together with what is going on in my country, during a call. Best of luck I've successfully helped over 350 entrepreneurs, startups and businesses, and I ...
Hi First of all - good luck. Second, the TAM is less important, the SOM (relevant Share of Market) is the important piece of the TAM, and this is much smaller. Either way, not everything that shines on paper shines in real life, or as mike tyson said: "everyone has a plan until they get punched ...
I'm not sure if this is how you imagine this world to work, but at least according to the order you wrote it "raising funds" was first. In reality it should actually be one of your final steps of the stage you are at right now. It may even come after a year or two! So you have this great app i...