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by caherrerapa 3383 days ago
#2 You are in the right direction. Take your time to find the right first clients to define your niche.

#3 You must be profitable in the first couple months if you are doing services. It doesn't make sense to make a service business and not being profitable.

#4 At least a year before that.

#5 it's not as easy as it seems. But it's good u look to get out of non-recurring revenue.

As soon as you have your first decent client, you should commit full time otherwise your priorities are wrong (burn the bridges).

Quality and word of mouth sale more than a sales person if you are doing service. For a product it's a different story (mkt., sales, etc.). It's way harder with a product.

Partnerships never work, they are a big distraction and a way for your competitors to gain insights about your business. Focus on getting off the ground.

You need to define which niche you wanna target. You should have a network that knows what's your next move in order to make it work.

Started 3 years ago, going great, we are based in Bangkok with decent revenue. Successful internal products are elusive tho. Good luck with your next step.