5 Things Early Startups Should Know about Competitor #research
▻https://hackernoon.com/5-things-early-startups-should-know-about-competitor-research-df3b4a6e5f
A typical #startup founderRecently, I’ve tried my hand at running my own startup — a #product designed to improve the development process. Aside from the extensive learning, it made me understand all of the jokes from “Silicon Valley” and think a lot about competitor research at the zero product stage. Usually, we seek to compare our idea with existing products, but how to compare something with nothing?In this post, I’m going to share some thoughts about competitor research to help early startups to get accurate, actionable information and avoid a few common mistakes.Building the first product is so exciting! That’s the reason why competitor analysis (if it’s being done) often looks like this:Of course, it’s just exaggeration. But I once saw a spreadsheet just like that! This happens when the (...)