What is molfar.io
(spoiler: cover 59% of startup risks)
- Did you have a chance to launch your startup?
- Yeap.
- 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 the project is, the more profit and the better commissions 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 for creating an app or website that doesn't generate profit for the owner? What is the reason for creating an app 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 launch one more dating app?
Who are these guys?
We have helped launch more than 40 startups and launched several of our 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, has been launched in a list of cities worldwide, and has attracted investors. We have 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 a startupper's shoes, and the perfect development is just around thirty percent of success. Other percentages are divided: Idea is twenty, Marketing and Sales is forty, and only ten is luck.
The startup industry has a 99.7% failure rate. Let’s imagine the Startup Survivor show with a thousand 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 it is to keep focused and do only things that matter. Alongside this, 17% of startups fail because of their 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, ask yourself: “Why should I go “All In” development if I would have just seventeen percent success with such a bet?”. What if we could 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, then we can work further. This means that we neutralized 42% of risks and found out that there is a demand on the market (found Product/Market Fit). We can go further and reduce the other 17% of risks now. Everything you need to do is to 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 first. Let’s save your money and our time”.
Not just buzzwords!
- Hopcharge has multiple investment rounds. Found Product-market fit and successfully operates in several cities across India.
- wayme.tours got investments from Facebook and entered the acceleration program FbStart;
- www.yourapp.com can be the next great thing! Just reach your partner in crime out.