Venture building, a concept that emerged with Idealab's founding in 1996, isn't just a buzzword. It's a game-changing approach in the world of startups.
Venture Builders like us become an integral part of the entrepreneurial journey. If you're interested in co-founding a venture with Tech387, reach out to us at: email@example.com. Let's build something extraordinary together!
Our journey taught us that overcoming disagreements isn't just about surviving—it's about thriving. It prepared us for the real world where challenges are the norm, not the exception.
This example struck me, highlighting a vital aspect of any business: the lack of accountability for mistakes is causing many businesses to lose money.
In the startup world, the mantra "less is more" often holds, and success lies in a clear vision and a streamlined approach to product delivery.
Throughout the process, adopt a gradual approach and try to de-risk each step. By following this method, you'll learn about the process, become more comfortable with what you're doing, and minimize risk.
With fewer downloads, we increased revenue by addressing the actual issue. Data became our compass in decision-making, guiding us to focus on enhancing user conversion rather than merely boosting installation numbers.
Engaging with these larger companies was an interesting learning experience for us, as they approached their software needs differently than small start-ups.
Startups in the software business do not fail because of bad ideas, they fail because of poor execution and an intense fear of not having enough features, aka releasing an “imperfect” product.
The journey of entrepreneurship often begins with a spark, and for me, it ignited when I was just 13 years old. Back then, I created software using Visual Basic and recorded tutorials on how to make them. Those tutorials found their way onto my website, where I sold them to eager learners. My mother, with hesitation but unwavering support, handed over her credit card, and the funds started rolling in. The feeling of having the superpower to make money at such a young age was intoxicating. I was hooked.
Back in 2017 when Denis and I started Tech387 from my parent's garage, our goal was to create a portfolio of great software, and so we began developing many diverse products such as the SpartanApps, the Samsung Package disabler, and a Call Recorder, just to nam e a few.