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RE: LeoThread 2025-03-10 15:02

in LeoFinance2 days ago

Part 3/10:

Linked closely with the first mistake is the belief that you must develop a functioning product before approaching customers. However, many founders fail not because their product was inadequate but because it didn’t address a genuine need. To de-risk this process, Moria recommends a "demo-sell-build" approach. By first validating your concept through customer promises—whether via ads, landing pages, or personal outreach—you can confirm market interest before investing time and resources into product development.

The Trap of Premature Fundraising