This is a YouTube video titled "Start up Acquisition Stories Podcast w/ Alex Rainey, Founder of MyAskAI.com" containing a monologue or single-speaker segment from July 27, 2023. The speaker discusses the importance of launching products early to learn from buyer feedback and improve business strategies. The content is related to startup acquisition and business advice.
You see a lot of builders always a bit worried about launching on product, for instance. You know, got to get things perfect, got to get things right, got to launch at the right point. But I think a lot of them probably launch too late. And there's so much you can learn from just putting it out there. You'll probably end up speaking to a few buyers, and you'll start to understand what buyers are interested in, what parts of the business they want to scrutinize, and where they view the weak points. And I don't think there's any downside. You may say differently as the platform owner, but, you know, if you go back and it doesn't work out and, you know, you get grilled on how you're acquiring customers or the margins, then then you know, you can delist, you can start to work on those areas of the business and you can come back again and relist and go for it again. So, you know, you'll learn a lot from. From any listing exercise, even with a kind of small level of interest from buyers, you'll start to get some interesting questions and just start to understand how the platform works a bit. So, yeah, don't hold off on it too long. Like with all new things, you just got to kind of take a plunge some time and list your business.
