You have an amazing idea, you spent time sussing out the details, getting customer feedback and doing market research. You may have wanted a technical co-founder (or not), but you ended up hiring developers to build your minimal viable product (MVP).
In my own research from 2017, I found:
- 5 of 7 entrepreneurs have at least one poor experience with a software developer
- On a scale of 1 to 7, entrepreneurs rated the impact a poor experience with a developer had at a 5.
Five out of 7 on impact? That’s like saying, “One or more experiences with a bad developer brought my venture close to ruin.”
Use this article to rank your startup for signs you’re wasting money. The earlier you catch this, the better!