I finished reading all of Balsamiq’s past blog posts today. Their transparency is enlightening. Here are a few things that stood out.
He has advisors. I’ve had little luck asking my friends for advice on things I’m working on. And I don’t feel quite right about approaching the managers at my day job. Not sure how they’d react, especially since they’d end up advising me out of their company. Still, it’d be priceless to have someone to bounce ideas off, to read what I write, to test my products, and so on. Preferably I need someone that has really “been there” in the “software product company” sense.
He quickly moved on to create additional “products”, which are integrations of Balsamiq into other applications. This may be a move we can make in the future.
He based his licensing agreements on an Atlassian EULA. Their EULA is something I need to read more thoroughly. I’ll write more about our licensing needs at a later date.
He contacted popular blog and startup sites to spread the message about what he’s doing. I’m hesitant on this step, but I’m certain it’s essential. I actually wish it weren’t essential. For some reason I’ve always had this hesitancy about self-promotion, but in reality you don’t have to go the “obnoxious self-centered constant-talker” route. You can just send a short blurb with a link to someone and be done with it.
There was also a reference to ReadWriteWeb’s page calling for the names of gritty web2.0 entrepreneurs. The most web2.0 thing I’m doing is using jQuery, which probably doesn’t count. And I can’t use their call for names as a way to get initial exposure because we haven’t launched and have no revenue. They specifically want companies turning a profit.