Episode Details

In today's Startup Therapy Podcast, Wil and Ryan discuss how you as a founder will know if you’re building the right or wrong product. Have you ever had an idea, but you're just not sure if it's good? It's something that many entrepreneurs can relate to - that anxious feeling of whether what you think would be a successful product could actually just be a waste of your time. So how do you actually know if you’re building the right product?

Sign up for the Startups Newsletter

https://www.startups.com/newsletter

Resources:

• Startup Therapy Podcast 
• https://www.startups.com/begin
• Join our Network of Top Founders 
• Check in with us on LinkedIn | Wil Schroter | Ryan Rutan

What to Listen For

• 00:00 Intro
• 00:08 How do you know if you’re building the right product?
• 03:07 Ask your customers first
• 05:32 Don’t fall in love with your product idea
• 08:07 Start with solving a problem
• 09:38 Lessons from the Fundable experience
• 16:52 The MVP approach to startup ideas
• 20:49 Learning from past mistakes
• 27:45 When great products fail to shine
• 32:35 Knowing when to drop a product idea