Company
Date Published
Author
Des Traynor
Word count
1129
Language
English
Hacker News points
None

Summary

The article highlights four key traps that founders often fall into when building successful software businesses. Firstly, it warns against solving small, rare problems, as they may not be worth the effort and resources required to monetize them. Secondly, it cautions against offering cheap, complex products that cannot justify real customer acquisition costs or provide sufficient support. Thirdly, it advises against solving problems people don't know about or don't care about, as these types of products are unlikely to succeed. Lastly, it emphasizes the importance of raw experience and understanding of the problem being solved, as this is essential for creating a high-quality solution. The article concludes that quality is not enough, but sustainability is crucial, and that survival is the best product strategy.