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RE: LeoThread 2024-12-05 08:38

in LeoFinancelast month

Part 6/8:

After concluding that the app was not worth further investment, the lead engineer pivoted back to existing businesses that were already generating significant revenue. The experience gleaned from the failed startup proved invaluable, informing future endeavors.

Future Lessons Learned

With the experience of failure fresh in mind, the lead engineer outlined a new strategy for any future startup attempts:

  1. Avoid Common Paths: Building productivity apps inundated with competition is not advisable unless one possesses a clear unfair advantage. Future startups should seek out niches with lesser competition.