Much better to have 100s of customers using a product with 1 feature, than 1000s of customers using a product with 1000s of features (with the corresponding overhead).
6 karma · joined November 9, 2013
Much better to have 100s of customers using a product with 1 feature, than 1000s of customers using a product with 1000s of features (with the corresponding overhead).
I have 2 children who need to take meds and would want to buy 2 x medmanager.
- Maybe allow customers to choose more than 1 of the same touchable type.
- Can these be mix/matched across multiple devices ? Can touchables pair with multiple clients ? Can you change the pairing ? More info would be useful
Love the video!
I understand that we shouldn't treat RPCs like local calls, but that doesn't mean we cannot do the reverse. If we design services properly we don't need to tie the design and the deployment.
I just can't see the purpose of making something permanently flaky at runtime for the sole purpose of keeping developers on track at design time.
The legal requirement is for the information to be published (once) and then, in the normal course of events "forgotten" after a period of time.
It is not the publication that is a concern, it is the permanence of it, and the ease of access that the ruling deals with.
Anonymize the data to the extent that the customer is no longer recognizable as the user, but you still have your information for accounting purposes.
* I didn't understand what the product will do for me (as a product provider) and how I can use this to increase the number of people who buy my goods.
Myth : The highest paid are in the 30-40 age bracket. See http://www.ons.gov.uk/ons/dcp171778_241497.pdf (UK-focussed, but the US is probably similar)
> are less likely to learn new things on their own like younger people are,
...but they already know so much more that learning is less important. They know it already!
> are less likely to start up their own companies like younger people are because doing so is risky.
Myth : http://www.kauffman.org/what-we-do/research/2009/04/educatio...
We men are not that different. Last week our garden wall was damaged in the storms here in the UK - I had to Google for "the rounded stones on top of a brick wall" (coping btw) so I could sound knowledgeable enough to builders I called for repairs.
They knew I didn't know what I was talking about - and polite enough not to mention it.
Business closure rates (at least here in the UK) are around 10% a year. So although your statement is technically true (it would reach 50% after 5 years) these are not necessarily "failures", just closures, and many businesses last 20 years or more. I started 1 business in 1992; have had 3 others that I closed after 6 months, 2 years, and 6 years respectively. 2 were unprofitable, 2 were highly profitable. How does that skew the figures?
Entrepreneurship has never been a young person's game until recently. Older people have more cash and fewer liabilities - children have left home and mortgages are paid off - so have more financial flexibility.
Investing 12K from savings is no big deal when you are older and actually have saving to invest. And as for paying yourself - you have a retirement income.
The Mortgage Portal was an online marketplace for mortgage brokers to find appropriate products for their customers. It started with an idea that I spent a month building in my spare time. I worked with a colleague (both of us consulting in the mortgage technology arena) to bring it to market.
I started with a flexible mortgage that I drew salary against - so £0 capital. We then went around hawking the idea to the marketplace. We met a lot of resistance from established players (owned by the big banks, so no way we could disrupt the marketplace), and in the end pivoted into a platform for new lenders to get to market quickly. We helped a handful of banks launch new channels in a few months, which was a great selling point. Then came the downturn.
Our sales model was monthly fee + per transaction fee. It was never profitable.
We didn't look at grants/loans. There are some around, but my opinion is they are probably a distraction at this stage. If you're interested look at http://www.j4bgrants.co.uk/ - they have a wealth of information.
The most valuable thing we did was pivot. We didn't pivot fast enough which made things untenable. We never scaled (started with two, ended with just me), and we failed for various reasons. I could blame the market - all our remaining customers either went bankrupt or closed within the space of a few days - but the reality was that the idea was just a starting point and we didn't move from that.
In my view, if you have an idea, your first step is to go out there and find a customer. Don't build anything (that is the easy bit) before you have someone willing to give you money. We should've done that - taken the idea and then asked what our customers wanted to do with it - rather than impose our views on them.
As for resources, there are many available and it will depend on what your trying to achieve and where you're located. If in London, I'd recommend the Google Campus (http://www.campuslondon.com/) as a good starting point. Then look for Meetups in your area.
Good luck.
How do you intend to promote this? How can the community help to get the word out?