Im think about starting a startup app and another tech idea I have. Any tips on getting started?

Question

I currently have a structure of how each idea will function, what market will be targeted, people who will be interested, cost, possible revenue but no physical

Should I file a provisional patent to protect my idea, before starting to looking for investors?

Should i make a mini prototype of how the app will function or will a specific description be enough to persuade investors?

For those of you who have started a business, what were the first steps you took in starting it?
Any tips?

Thanks :-)

Answer 1

first make a prototype , start a beta program and fix the bugs

Answer 2

What Dhruv said and I highly suggest diagrams or black boxes or whatever you want to call them. It is much easier to design complex systems with at least a relativily outlined plan, functions and approach (this is focussed and very strongly motivated in university and to date I know of only one person who could succesfully design complex systems without these)

Answer 3

Considering your structured approach, it's wise to safeguard your intellectual property with a provisional patent before seeking investors. While a detailed description can convey your vision effectively, a mini prototype often adds clarity and boosts investor confidence. For insights into starting a business, check out this informative resource: https://www.cleveroad.com/blog/startup-business-model/.

Answer 4

Hey,

Denis, it sounds like you're well-prepared with your ideas' structures and market research. That's fantastic groundwork! When it comes to protecting your idea, filing a provisional patent can be a smart move, but remember, it's just one layer of protection. Also, don't forget that patents can be expensive and time-consuming, so weigh the pros and cons based on the uniqueness and complexity of your ideas.

Investors often appreciate visual aids, so a mini prototype can definitely add weight to your pitch. It doesn't have to be too elaborate – just something to give them a taste of how your app will function.

As for starting a business, my advice would be to focus on building a solid network and seeking mentorship. Connect with people who've walked this path before. Their insights can be invaluable, guiding you through those initial steps and potential pitfalls. It would also be helpful to read authoritative articles like this one: https://www.sme-news.co.uk/six-ways-you-can-find-a-company-building-software-for-startups There you can find basic ideas for yourself.