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Starting With a Side Project
The document provides advice for starting a side project that can be bootstrapped into a business. It recommends choosing a product that serves your own community, solves a problem quickly with minimal features, addresses a problem customers will pay to solve, does not require many users to be useful, has some competition but fills an unmet need, and can be worked on in small increments of time. The key is to launch with the minimum product needed and improve it over time based on feedback from paying customers, rather than free users. This approach allows one to successfully work on a side project alongside a full-time job.
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Starting With a Side Project
- 1. Starting with aSide Project Rachel Andrew, ProductTank Bristol February 2016
- 3. G.K. Chesterton “I owemy success to having listened respectfully to the very best advice, and then going away and doing the exact opposite.”
- 4. Getting started Choosing theperfect product to bootstrap as a side-project. https://www.flickr.com/photos/joeshlabotnik/7276841268
- 5. A product foryour own community https://www.flickr.com/photos/drewm
- 6. Amy Hoy “Are youa Ruby developer? Then serve Ruby developers. Are you a UX designer? Serve UX designers.”
- 7. With a trackrecord in a community you will already have trust.
- 8. A product youcan ship quickly http://freekvanarkel.nl
- 9. John Radoff “The goalof a startup is to find the sweet-spot where minimum product and viable product meet – get people to fall in love with you.”
- 10. To launch witha small product, you need to find a problem that can be solved with a small product.
- 11. Perch v.1 • Asimple content editor • No way to add new pages • No API • Images could be uploaded - but not resized
- 12. A product thatsolves a problem that people will pay to have solved https://www.flickr.com/photos/futureshape/
- 13. If you cansave a business time they will see the value in paying for your product.
- 14. Bootstrapped With Kids,Episode 31 “We think their workflow sucks, but they like it…”
- 15. Feedback from payingcustomers trumps feedback from free users. Every time.
- 16. A product thatdoes not need a lot of users to be useful https://www.flickr.com/photos/22746515@N02/
- 17. “Social” or “community”products need a large user base to succeed.
- 18. Choose a productthat is as useful to customer #1 as customer #1000
- 19. A product thathas competition
- 20. Perch competitors atlaunch • WordPress • ExpressionEngine • CushyCMS • PageLime • Joomla • Drupal
- 21. What problem isyour competition NOT solving? Build it.
- 22. New concepts willrequire you to educate potential customers as to why they even need your product.
- 23. Finding the time Howto make time for side-projects. https://www.flickr.com/photos/mybigtrip/6111406
- 24. Malcolm S. Forbes “Oneworthwhile task carried to a successful conclusion is worth half-a-hundred half-finished tasks.”
- 25. Sir John Lubbock “Intruth, people can generally make time for what they choose to do; it is not really the time but the will that is lacking.”
- 26. Get set upto be able to pick up and work on your side-project quickly - whenever the time is available.
- 27. Your product mustbe a first-class citizen alongside your other work.
- 28. Set aside timeand plan in advance what you will do with it
- 29. Diana Scharf Hunt “Goalsare dreams with deadlines”
- 30. Brian Casel http://casjam.com/the-cascading-to-do-list-or-how-to-get-big-things-done/ “In anutshell, the idea is to start with the end- goal in mind, then divide it into smaller and smaller increments. Plan all of the actions in detail beforehand, then get to work.”
- 31. Be realistic abouthow much you can achieve. Feeling as if you are falling behind can demotivate you.
- 32. If there isnot enough time ... • Either revise your end date • Or, remove elements of the project - pushing them into a post-launch phase.
- 33. Be ruthless incutting features that can be added post-launch
- 34. The “missing” featuresat launch will seem far more important to you than to your customers.
- 35. Describe the productas it is now. Sell the solution.
- 36.
- 37. Own Your OwnData
- 38. • for yourown community • something you can ship quickly • something that solves a problem people will pay to have solved • a product that does not need a lot of traction to be useful • something that has existing competition Build
- 39. Once you knowwhat you want to build • Start small • Solve that small problem in a complete way • Get feedback from paying customers • Improve and add to your product based on their needs balanced by your vision.
- 40.