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Tim Nicholas
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As an app owner I am very reliant on user testimonials and ratings to amplify our successes and profile in the app stores.
As a consumer I am highly influenced by testimonials. Mostly written on sites like Product Review.com.au, Capterra and Google, but have not relied upon video testimonials very often.
How influenced are you by testimonials?
Steven Birchall
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Tim Nicholas
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Very clever idea. Will take a look it might work on our app GetReminded which has contextual advertiser offers!!
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Tim Nicholas
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The only caveat about choosing 'done' over 'perfection' is that what you believe is 'done' actually delivers a worthy product/solution/outcome that people can use so you get meaningful feedback to keep improving. It's no use launching a half-baked product that gets poor reviews and that stops the concept from reaching its full potential.
Done is better than perfect?
Aliaksandr Kandratsiuk
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Tim Nicholas
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Version 1 of your product
The first version of GetReminded was a self-funded Wordpress website where we sent out the reminders manually by email, in batches!! It was the simplest way to start but it proved there was a need for our reminder platform.
In the positive user feedback we got so many comments like "I need this in my life - but I want it as an app." This gave us the confidence to source Angel funding to...
Tim Nicholas
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For over 10 years a family member never questioned their electricity provider about the rate they were paying. Turns out they had been upgraded to the most expensive plan after starting on a discounted plan for 'new customers' all those years ago.
So they paid thousands of dollars more for electricity. This is called the 'loyalty tax' and is what happens when consumers don't have the...
Where and how did you come up with the idea of your startup?
Tim Nicholas
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E-newsletters are excellent sources of trends in tech/business/ society/digital media. Two I recommend:
- https://www.themartechweekly.com/
- https://thehustle.co/
- https://trends.co/ (owned by The Hustle)
Also worth reading annual trend reports from the big consulting firms such as:
- https://www.pwc.com/gx/en/indust...
- https://www2.deloitte.com/us/en/...
Where do you find info about VC?
Elena Kuvshinova
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Tim Nicholas
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Solution in search of a problem.
A lot of commentary is being written about the current financial environment for startups, which is dominated by two broad themes: new funding is scarce and valuations are lower; and well-funded startups are cutting costs (mostly staff š) to conserve cash so they survive this economic downturn.
On the first point, it seems to me there is too little 'adventure' in the mindset of venture capital...
Tim Nicholas
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Launching a startup during hard economic times
Read this post to get an insight into launching a sustainable business.
As always appreciate PH community feedback!
https://www.linkedin.com/pulse/solution-search-problem-tim-nicholas/
Tim Nicholas
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From my recent experience, if you're startup doesn't have strong monthly revenue, investors won't back you. Even when all the other 'must-have' boxes are ticked! š¤
There's no 'adventure' in venture capital at the moment! At least not here in Australia. š¤
What does an investor expect or look for when investing in a startup?
Yenire leal
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Tim Nicholas
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Keep everything as simple as possible. i.e.
> Make your customer's life simpler.
> Have a simple biz model.
> Execute simple marketing tactics.
What is one piece of advice you would give to a new entrepreneur?
Qudsia Ali
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Tim Nicholas
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ā¢ Learning more about engaging with the PH community š
ā¢ Pitching for Seed funding to US VCs [Aussie investors have become very risk-averse lately] š³
ā¢ Preparing our GetReminded app for Canadian release šØš¦
ā¢ Keeping an eye on PH for more feedback on our app [https://www.producthunt.com/prod...] š¤
Makers, what's on your agenda for this week? Lets help each other out!
Aaron O'Leary
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Tim Nicholas
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Definitely you need the MVP live to start getting user feedback and measure traction - plus also quickly find out any issues/concerns that you may have missed whilst in beta mode. Funding discussions will be much easier (although not 'easy') when you have a live product to demonstrate :)
Pre seed /seed
Jimmy Spikes
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Tim Nicholas
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Two things. Firstly, posting old and cliched inspirational quotes. People should post original thoughts about how to get and be inspired.
Secondly, posts that are of a very personal nature and not relevant to share on a professional network.
What annoys you about LinkedIn? š¤
Marko Rakic
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Tim Nicholas
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From my startup experience, the biggest mistake was to stop fundraising after we raised our 3rd round of Angel investment. Instead we used funds to improve the product and execute GTM plans - but we stopped talking to future prospective investors. That killed the momentum we were building that should have segued into our Seed round.
[BTW, we're not dead yet!]
What mistakes kill startups?
Yenire leal
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Tim Nicholas
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We launched this app in Australia a few years ago, and now it's available in the US and Canada from the Apple and Play Stores. The universal problem we set out to solve is the tendency for most consumers to stay with their existing service provider, and not shop around for a better deal. This applies to many services like insurance, energy, cell phone, internet, home loans, credit cards, and...
GetReminded
Reminds users that it's time to shop around and save money.
GetReminded's dual mission is to help consumers save money on recurring financial commitments like insurance/cell phone/energy/subscriptions, plus give brands a unique opt-in audience with consent and privacy at the centre of the user experience.
GetReminded
Reminds users that it's time to shop around and save money.
Tim Nicholas
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App can now be downloaded from Apple or Android stores. Appreciate the PH community checking it out and voting/rating/send feedback. š
GetReminded
Save time and money by keeping track of all your bills
GetReminded is positioned as the worlds first digital reminder platform which enables users to keep track of bills, subscriptions and services. Allows users to better manage their time whilst saving them money in the process. Developed by Appello Software.
GetReminded
Save time and money by keeping track of all your bills