Knowing how to code is a trap ??
Bram Kanstein
Bitcoin Podcaster | Creative entrepreneur with 25+ failed ideas (and 5 exits)??
A warm welcome to all new subscribers! Thank you for joining Viable Ventures! ??
Today, I'd like to revisit a topic I first wrote about three years ago. I frequently discuss its principles, and after it came up in five conversations last week, I believe it's more relevant in 2023 than ever before.
Knowing how to code is a trap.
Why? Because creating something from nothing is incredibly enjoyable, and it often becomes the go-to approach for people with coding skills when they have a startup idea. Here's why I think that's a trap.
(Obviously, I am not “attacking” developers here. If you can code you have superpowers that 99%+ of people don't have, including me with just a basic introduction to HTML/CSS/PHP)
So why do I think that knowing how to code is a trap? Let me explain.
When pursuing a startup or new business idea, it's crucial to quickly assess its potential, as you don't want to invest?time,?money, and?energy?into something nobody wants. According to?CB?Insights, the number one reason startups fail (42%) is?"No market need".
When figuring out if your idea has any potential (or, trying to validate it, in Lean Startup terms
Answering questions around?Feasibility?(can I build this) and?Viability?(can this work successfully as a business) is only relevant if there are actually people who want a solution to the problem you're investigating.
So in the early stages of an idea, it's not about:?"Can my idea be built?"?(the answer to this question is almost always?yes). It's about:
Should my idea be built?
With a 42% chance that the answer is no, knowing how to code can become a trap for many entrepreneurs in the early stages of an idea.
This is not limited to technical individuals, though. In 2023, the explosion of?No-Code?tools has made it easier than ever for anyone to build something. So to be fair, this post is relevant to a wider audience. But it’s all about the title, right? ;)
I often come across posts on Twitter and online forums where people have?"built a thing" and are now seeking users and customers. When they started building, they didn't have a clear answer to the question,?"Should I be building this thing?"
Now that they're deeply invested, it's painful to confront the possibility that they've "wasted" time on something nobody wants.
(Yes, I understand that tinkering with ideas and building things for fun is a great way to learn and improve skills. I'm referring to ideas that people genuinely want to pursue.)
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So, why is this so difficult (for anyone, not just developers)?
Most ideas are centered around solutions, not problems.
When you continue to work with the initial idea (about the product) that sprouted in your mind, you (unconsciously) make a pretty big choice. You pretty much assume:
Without setting expectations and boundaries around:
You open yourself up to being disappointed, while you still have done?a lot of work.
Even a genius technical entrepreneur like?Pieter?knew that he had to start small and chose a Google Sheet as the MVP for his Nomad List idea (yes this was an MVP, if you want to discuss what an MVP is hit me up on?Twitter?or reply to this post)
By keeping his activities small - not building anything really - and focused, he learned everything he needed to know before he started to build his actual product:
I believe that, for most startup ideas (in my opinion 80%+), answering the question of whether there is a need in the market, or at least becoming a bit more certain about a need in the market, does not involve building something with code.
You can of course never be 100% sure if you're pursuing and creating something that people want. On the other hand, you can definitely be 100% sure if you're pursuing something that nobody wants.
Your goal in the early stages of your idea should be to figure this out ASAP and resist building anything that will become?too big to fail?in your own mind. Also known as the “Sunk Cost Fallacy”.
I hope you enjoyed this post! Let me know your thoughts on Twitter or reply to this post. I read everything.
High five from the internet,
Bram Kanstein (@bramk)
building stuff, buying stuff
1 年certainly has been for me at times!
Innovation | Digital Ecosystems | Business Models
1 年Completely agree with the piece, it touches on 2 key things for me. Firstly, individuals often miss the Desirability component when exploring solving for a particular problem - to your point, only Viability (particularly) & Feasibility are explored. Secondly, innovators start feeling precious about their solution to the point where even though there isn't any evidence that there's a need for it, they will forge forward - we all know how that ends. Great piece!
Co-Founder @ StoryTemple & WTinteractive
1 年Interessant! En zeker eens, snel testen met gebruikers is key. Ik persoonlijk vind de challenge om niet te verzanden in het eindeloos bedenken van nieuwe features maar te zorgen dat de core van je product het probleem oplost op de beste manier.
Senior (New) Business Lead
1 年Great content! Years ago I was participant of the Founder Institute pre-seed startup accelerator program. The founder (Adeo Ressi) had a data driven approach. One of the keys to be successfull with a startup, is that you need to solve a real (big)problem. What is the pain? Based on all his gathered data he also knows te number 1 factor (by far) to be successfull: it is passion. Looking forward to your next blog.
Oprichter Holie Pizza, duurzame pizza catering op locatie
1 年Nice take - definitely agree :)