Forget LAUNCH, think “failure date”

July 7, 2009 – 2:55 pm

Perfecting your product before you launch it is impossible.

You can tinker around, making incremental improvements, for years. However, the reality remains; you have no idea if you’re building something anyone will want.

OR, you can put a product out there and start getting feedback. Do people want what you’re making? Are they using it in a different way than you imagined? Is someone interested in partnering with you? How are you going to know these things unless your market is involved?

Honestly, I’m pretty sure that most people “rework the prototype” a zillion times because they are scared of failure. Until the product or service is out there, it’s still an idea, incapable of being judged. Of course, this is merely an illusion designed to fool your own brain.

So how do you know when to launch?

Step 1: Remove the word “launch” from your vocabulary. This isn’t a shuttle taking off into space. No one is paying attention, and no one will die if you’re wrong. Instead of “launch date”, use the phrase “failure date”.

Step 2: Set your failure date. I suggest tomorrow.

Step 3: Fail.

Step 4: Fix it incrementally based upon the desires of your target market, instead of the odd ramblings of your excuse-making brain. Keep doing this into perpetuity.

Step 5: Profit.

A few FACTS to punctuate this concept appropriately.

  • No one will steal your 8.3 cent idea until it’s working anyway
  • About one out of every billion businesses “launch” to great acclaim
  • Like an artist, there comes a point where adding to your work begins to reduce value
  • It’s easier to add to simple than it is to remove from complex
  • Creating a quality product/service, while critical, is only a piece of creating a successful business
  • michaelshaw
    Great thoughts.
    I'm developing a Schedule Program, We Clean America, and need to persuade the programmer of Andy's thoughts.

    Michael
  • VC's should steal that 8.3 cent (it's actually lower in your original post, but I think I like this number better) idea post from back in January as their "Why We Don't Sign CA's*" boilerplate.

    It's worth more than 8.3 cents, but, consider it a public service.

    There's only one reason to have a CA in my bidness (the sell side) and that's to protect an already viable company's market share when it decides to put itself up for bid in a confidential auction process. The arrogance of seed stage entrepreneurs in thinking they need to protect something whose IP is either patentable, or it's not (and there's your "protection," or not), is risible.

    _________
    *"Confidentiality Agreements"

    _______
  • This post is perfect timing for me - need to remind myself these points over and over again; thanks, Andy.

    Aim for failure. And keep re-iterating and improving. Love this...
  • Simle, but profoundly important advice.
  • Profound is stretching it
  • Henrik
    As someone who is on the brink of creating my company I really appreciated this article.
  • Good! Thanks
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