Let me start!
Advice:
Start building your audience ASAP and #buildinpublic
Why?
By doing these, you get support, feedback, and even first customers. These are the core things for Indie and Solo entrepreneurs in the beginning!
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Identifying the market is every thing and it is the hardest thing.
All advice in this discussion is valuable. My advice to myself :) would be - set constraints on resources, especially time but also money. Track these resources carefully because you need both to get users. Hope this helps.
Advice:
Build something that few people love instead of something that many people like and don't run after people that will never love your product.
Why?
It's much easier to scale a product that is loved by its first 100 customers than something 1000s of people somewhat like.
Asking for payment early on (even if it's scary), helps a lot in separating the "lovers" from the "likers" :)
Set up financial systems and reporting properly from day one and track it vigilantly week over week. As you scale this will be one of your strongest tools and discipline will save you significant time and headache in the future
Get the money lined up. Start looking for ways to fund your business, such as through peer-to-peer lenders or investors, before you're in a real cash crunch.
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