I have not seen the classic hockey stick growth in my data, unfortunately. I’m using an analytics tool calledto track my user behavior. It’s not looking good — the engagement and conversion rate is really low. Even though I didn’t do much marketing, the conversion rate tells, and the number never lies.
As of today, only a small number of people have signed up for the service. And around 36 landing pages are being created by both registered and non-registered users.Even though I think this startup is a failure, I won’t give up on it. My goal isn’t to give up after one month of a project — I want to see what happens in the long run.
Also, I may have a better idea to pivot to something else in the future. You never know. And my goal for taking this challenge was to try out many ideas that could become a profitable SaaS startup. At least, I will be able to quickly build landing pages for my next 11 startups in this challenge. 😉So why did my startup fail? I will outline some reasons why my first startup of the year-long 12-startup challenge failed. The lessons are based on the feedback I have received from my target audience so far. These may not be the only factors at play.This one is obvious. It would’ve been better to go with the most popular idea from the market research poll that I did on indiehackers.com.
I just want to try as many ideas as possible before one really sticks. The first startup I attended taught me a few important lessons and helped me improve myself so that I could execute any startup idea better. That’s the whole point of this 12-month long fun experiment.. Feel free to sign up if you are curious about this tool.
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