Why I'm not gonna build a B2C software company now
Starting a project is exciting, but deciding to walk away can be even harder—especially when the idea has potential. Recently, I made the tough call to cancel my plans for building a recruiting app for college students. Here’s why:
Good Reasons to Cancel
1. I don’t have distribution
A great idea is just the starting point. The hard part is getting it in front of the right audience.
I don’t have an existing audience or access to the target users who would benefit from this app. Without distribution, I’d have to spend significant time and resources building awareness from scratch.
👉 Lesson: If you already have an audience or access to users, launching a product becomes much easier.
2. I can’t afford to build this alone
The app’s development and success demand a lot of effort in:
-
Technical work (building a reliable, scalable platform).
-
Marketing & sales (convincing users and employers to adopt it). Building this solo would be overwhelming. Even if I recruited help, the big question becomes: Who would work with me?
-
Top-tier talent: People from top companies or universities are unlikely to join since I don’t have the credentials or credibility to attract them.
-
Alternative recruits: My best bet would be:
- Entrepreneurs who believe in the idea.
- People from underrepresented backgrounds, lower economic status, or rural areas looking to learn and grow alongside me.
👉 Challenge: Recruiting takes more than just enthusiasm—it requires a vision, resources, and leadership.
3. I lack the skills to run an organization
Even if I assembled a team, managing it effectively would be a steep learning curve. I’d need to develop skills in:
-
Team-building: Leading and inspiring a group.
-
Sales: Selling the product to users, employers, and investors.
-
Finance: Managing money wisely and sustainably.
👉 Reality check: Running a startup isn’t just about building a product—it’s about building a system that works.
4. Limited user empathy
I don’t fully understand the needs and pain points of my target users—yet. While this is a skill I could develop through research and experience, it’s a significant gap that could slow me down.
Not-So-Good Reasons to Cancel
Interestingly, there are reasons not to give up, which made this decision harder:
-
Proven demand: There’s a clear market need for job marketplaces. Competitors with billion-dollar valuations prove that users want this solution.
-
Untapped potential: The niche I was targeting still lacks a dominant player, meaning there’s room for innovation and growth.
In theory, this market is underserved and has big potential, but that doesn’t mean I should pursuit it. There are many opportunities like this in the market.
👉 The real question is “Do I have the skills capture those opportunities?”
What I Learned
Canceling this app wasn’t an easy decision, but it taught me valuable lessons:
1. Distribution is key: A good product is nothing without distribution.
2. Collaboration matters: You can’t do everything alone—success comes from finding the right people to join your journey.
3. Skills compound: Focus on developing core skills like team-building, sales, and finance before diving into a complex venture.