If you're launching an app-based business, stay clear of these problems that will sink your startup.





Comments


Written by HeatherStone
3471 days ago

Hi Rahul,

I think we've probably got to accept your expertise on this one from a business perspective. In the case of point number 3. I think you're probably right to a point. So long as the app in question works, building one that is only incrementally better probably won't help. My question: what about apps that address a problem or need in a field in which there are many, many competitors, but none of them really work (for example, they don't have any support, are terribly buggy, really don't do what they claim to do etc.)?



Written by rvarshneya
3463 days ago

Hi Heather,

Thank you!

In case of apps where there are many competitors and they don't really work, well there would be reasons why they don't really work. Most often, it is the execution itself. Execution can be a huge difference.

So Google was by its very nature a search engine, like 23 other competitors at that time. Their execution of the search itself was so unique, that that was their differentiator and offered a better solution to the problem.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!