Ability to launch quickly
Ability to launch quickly
For a bootstrapped startup, the ability to launch quickly is a critical advantage. The longer you spend building your product in isolation, the more time and money you risk on an unvalidated idea.
Launching quickly allows you to:
- Get real customer feedback: The only way to know if you're building something people want is to get it in front of them.
- Start generating revenue: The sooner you launch, the sooner you can start making money and become self-sustaining.
- Learn and iterate: The feedback you get from early customers will help you improve your product and find product-market fit.
- Build momentum: A quick launch can create a sense of excitement and urgency that can help you attract customers and build momentum.
The ability to launch quickly is a key element of The 7 Day Startup methodology and one of the 9 Elements of a Great Bootstrapped Business Idea. It's a mindset that forces you to focus on the essentials and to Avoid making assumptions.
If your idea is going to take months or even years to launch, it may not be the right idea for a bootstrapped startup. Consider a simpler idea or a Manual-first MVP that you can launch in a matter of days or weeks.