I’m making this a guide for future startups of mine from now on. I personally had a huge issue with insecurity of ideas and to heal that, I’d usually finish up the development/design, launch it and … leave it. A few days would pass by and I’d get pumped up about a new idea, develop it and launch it. Hoping that one day, when I have enough startups up, I can focus on monetization. I’m saying goodbye to this approach, it sucks and won’t get you anywhere.
Why does this happen? I think that this has something to do with the “more features philosophy”, we think to ourselves that more features is more valuable and therefor more money. And from then on, we just keep on developing new ideas.
This route sucks because focusing on thing at a time (even in development) will get you to that goal, you can’t really multi-task, have more than one company(well, you could, but you’d have to have a lot of employees). Focusing on one company basically forces you to put all your creativity into it, it makes you come up with cooler ways to solve a problem and most importantly gets you even more cash so that if you’re lazy, you don’t even have to build the next product – hire someone or a team!
Have you had any experiences where more startups worked out great for you?