Well I have been working quite a while with startups as fractional CTO and software engineer.
So far I have learnt that most of the startups over-commits and under-produce.
Founders think they need more features where as customer doesn’t care.
Most of the startups revolves around similar set of features and values(atleast with SAAS business).
- Copy that bring customer.
- Customer onboarding.
- Invoicing.
- Accommodate b2b.
- easy off boarding.
- Core business (evolves with the business).
There is a huge value addition if some or all of those repeated steps can be converted into a product that helps a founder save time and money.
The market is huge and it’s highly lucrative if you have any form of technology knowledge or interest to be tech business.
I am planning to do it 😁 and will share my thoughts later as well.
If you want you can leverage it too. As the market is huge there is immense opportunity.
Feel free to ask more in comments.
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I have a similar experience. I worked in a small startup; the owner always pushed new ideas every week, with no prioritization and no strategy; his proof was — it’s common sense! So, I’m sure your perspective has firm ground and opportunity.
A founder needs to pull the strings.
In order to do it you must know where you at every step of the way, on all fronts.
You need to decode the churn into the cause, for example.
When you decode all the parameters you get a clear look at the guts of your business.
This is the picture a founder needs to see in real time.
I hope the metaphor/analogy helps.