Divine Inspiration Fallacy
When you first start creating products it is easy to succumb to divine inspiration fallacy. For many first time entrepreneurs, it is easy to think that you uniquely have had a one-of-a-kind product idea. You wake up one night with a crystal clear vision for a product and exactly how your future customers will use it. You think that the product spec comes from the mouth of God directly to your mind, and from there directly to the web. Write it out, build it, ship it, done.
When you think you already have the perfect solution to a problem, your mindset changes from “how do we discover what our customers want?” to “how do we get as much day one leverage as possible for our product?”. After all, it was quick for you to build it, so now it’s a race to capture as much of the market as possible before a competitor comes along and creates the same thing. Unfortunately, this leads many...
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