Globalizing Your Startup/One Person Company
TL;DR
- Building in Public
- Individual Entrepreneurship is a Future Trend
- AI and remote work make one-person companies more feasible.
- No Need to Overly Rely on Funding; Start with Lean Startup Methods
- Register Platforms and Services as a Company, Not as an Individual
- Using a company entity can mitigate the risk of unlimited personal liability.
Building in Public
- Build a personal brand through social media.
- Sharing genuine stories and experiences is more effective than purely promoting products.
- Consistently create content to build an audience.
Ways to Identify Product Needs
- Solve your own real-world problems.
- Observe successful examples.
- Discover needs through user comments on official forums and communities.
- Seek opportunities in new products and trends, such as:
- Apple Vision Pro
- Meta Threads
Product Development Strategy
- Start with a small niche to avoid creating a large, all-encompassing product from the beginning.
- Choose a niche market to avoid direct competition with big companies.
- Focus on product differentiation and competitive advantages.
Product Pricing
- Consider setting a higher price; avoid underpricing.
- Higher pricing helps users recognize the product’s value.
- Adjust prices through discounts and other offers.
Product Launch and Marketing
- Launch on ProductHunt.
- Submit products to directory sites.
- Market on Reddit communities.
- Email marketing (especially cold emails).
- Paid advertising.
- Influencer marketing (with careful evaluation).
Use Terms Like “Independent Creator” or “One-Person Company” Instead of “Independent Developer”
- Creating products is more than just coding.
- It involves product design, operations, marketing, and other areas.
Avoid Over-Reliance on Funding
- The goal of an independent creator or one-person company is to achieve stable income, not explosive growth.
- Do what you want without restrictions from investors.
- Maintain full control over your product and company.
- Start with a lean approach:
- Begin on a small scale.
- Improve the product based on user feedback.
- Support growth with revenue to achieve sustainable development.
Company Registration and Compliance
- Register platforms and services as a company entity rather than as an individual.
- Using a company entity can help avoid the risk of unlimited personal liability.
- Avoid using informal registration methods to prevent account bans and personal data from being blacklisted.
Team Collaboration
- Be cautious when choosing partners.
- Build trust through long-term collaboration.
- Consider hiring agents or outsourcing teams.
Social Media Management
- Run both English and Chinese accounts.
- Personal accounts are more relatable to users than brand accounts.
- Share personal stories and experiences to increase engagement.
- Actively interact and build connections:
- Respond to others’ original posts.
- Engage in proactive outreach.
Platform Selection Suggestions
- Independent developer communities are primarily active on Twitter.
- Fashion and younger audiences prefer Instagram.
- Choose platforms based on target audience; go where your users are.
Host: Guo Xiaoli
Guest: @LuoSays / Chuhaiqu Incubator
X Space Recording: Entrepreneurial Exchange: Basics for Independent Developers Going Global