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Idea-first or Market-first approach for Web?
erifloss
#11 Posted : Thursday, January 20, 2011 8:50:41 PM
Rank: Member

Joined: 6/21/2010
Posts: 514
Location: Nairobi
@mukiha, very true. Actually most of the successful contracting companies out there began by getting contracts then using the same to access capital. One always has to ensure that he has a client base that will be able to sustain any business idea he has and capital will follow.
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
redondo
#12 Posted : Friday, January 21, 2011 11:40:28 AM
Rank: Member

Joined: 12/2/2009
Posts: 161
Location: nairobi
I agree with mukiha on this one, however i think asanazi has a valid point too. I thank God that the founders of facebook didn't have much of a market (paying consumers) but they still went ahead with the idea.

There is a place sometimes in business to follow one's conviction. All said, its important to have real customers or strong facts backing good potential before venturing.
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