If you have only one person that needs your product (according to a signup on the landing page and the conversation after that), would you continue to build the 1st version?
6 answers from the community
Nope, need at least 10 to start.
Why do we need 10? Is that a norm? Let's say i don't continue on this, what do you think for the next step? I think i am having trouble when i have to learn from potential customer, since it's only one person that gave respond to my idea.
Did that 1 person pay for it? I'm betting that they didn't.
Yes, he would pay for it. Even, he doesn't mind if he gives his credit card number to us. :)
Totally depends on the conversion rate. I recently spoke with an investor who is also the head of a local start-up accelerator. His advice was to focus on ideas that see a conversion rate of 25% or higher from the landing page.
If only 4 people visited your landing page, and one supplied their email and credit card data, you may have something. Focus on getting more people from your target demographic to the landing page and aim for 25% conversions or higher.
Unfortunately it's 1 / hundreds, which means 0.00xxx%
The follow up question : How do you pivot if you have some context like mine? I can't learn something from potential customers because only 1 people that i can look for conversation, and i lose my interest and passion.
Is that mean i should continue to work on something else?