What is molfar.io
(spoiler: cover 59% of startup risks)
Did you have a chance to launch own startup? Was it successful? No? Then welcome to the Club 99,7.
We found out that software houses are still after sales, despite all such words like “high-quality”, “professionals”, “experienced”, and other blah-blah words. The more complex project is the more profit and the better commission are. So, all the service looks like “give me your dirty money”. Leads, leads, leads…be closing…we can do anything…etc. What is the reason to do an app or website that don’t generate profit to the owner? What is the reason to do an app that the market doesn’t need? Just do a fancy staff and show: “Look, we have big balls”, “Look, we did a cool feature and design”? We are not against cool features and design. These points just should be. Would you like to be the first who launched “Yo” app, or the one who launched one more dating app?
Who are these guys?
We helped to launch more than 10 startups and launched several own. So, we can proudly say that our team is full of geeks and salted startuppers. We know what the real “product launch” is. It is not just “software development”. So, “lean”, “testing hypotheses”, “pivoting” and “traction” are not just buzzwords for us.
One of the members in our Hall of Fame is www.wayme.tours. The app has a lot of publications, launched in a list of cities around the world, and attracted investments. We already described here how the idea appeared and how the app was created.
We found out that there are a lot of underwater stones after being in startuppers shoes; and the perfect development is just around thirty percents of success. Other percentages are divided: Idea is twenty, Marketing and Sales is forty, and only ten is luck.
Startups industry has 99.7% of fails. Let’s imagine the Startup Survivor show with a thousand of players. In such a game, only three would stay alive. According to statistics, 42% of them fail in the lack of market needs. These numbers show how important is to keep focused and do only things that matter. Alongside with this, 17% of startups fail because of inability to scale, or poor product quality. Just imagine, you have an idea, asked devs to implement it and you have nothing after. Everything you have is minus x-thousands USD in your pocket after. So, we put a question to ourselves: “Why should we go “All In” development if we would have just seventeen percents of success with such a bet?”. What if we would be able to cover that 59% of risks (42% + 17%)?
Why are they unique?
molfar.io is after Lean methodology. We are not proposing to create everything for all platforms at one time. Firstly, we would suggest you to test your idea. It can be fake landing pages with analytics, simple MVPs, or even video presentations. If you figure out after that there is a demand on the market, than we can work further. This means that we neutralized the 42% of risks and found out that there is a demand on the market (found Product/Market Fit). We can go further and reduce other 17% of risks now. Everything you need to do is just sell and promote your app. Does this sound interesting? So, when dev shops say: “Yes, let’s do everything you want”, we say: “Don’t do this, test it firstly. Let’s save your money and our time.”
Not just buzzwords!
- www.wayme.tours got investments from Facebook ($40,000) and entered to acceleration program FbStart;
- www.snorereport.com was featured by American Sleep Association.
- www.afc-radio.com was going to have a replication of website with an app. But after testing, we found out that major part of all users just listen to radio. So, here you go, a simple radio streaming radio app and $12,000 are saved!
- www.yourapp.com can be the next great thing! Just reach your partner in crime out