My Criteria for Picking Startup Ideas
After having failed with more than seven startups and finally achieved some success with my latest one Proxies API, here are a bunch of criteria I follow when picking a startup idea to bootstrap from the website 1. I am a bootstrapper, so I am interested in making recurring revenue and build an asset. So it has to be a SAAS idea. No consumer internet. 2. It has to have a competition. Again, I want to make money, not be a pioneer. 3. It need not be a multi-million dollar potential startup. I prefer it if it’s possible never exceeds a million dollars at its peak. It is because I don’t want to offer a platform, but a small subset of features that people find useful and the big guys find too small a market niche to address. 4. I prefer it if it does not need any design skills. With Proxies API, it is all about technology and how it works. I am in my element when I can run with just code and
Why it failed
After having failed with more than seven startups and finally achieved some success with my latest one Proxies API, here are a bunch of criteria I follow when picking a startup idea to bootstrap from the website 1. I am a bootstrapper, so I am interested in making recurring reven
- Kind
- startup
- Status
- Shut down
- Inventor
- prasenjit_pro
- Ended
- 2022
- Source
- hackernews