2 Years ago I started a product to provide a marketplace for lawyers(http://www.legalisor.com).
People can search and hire best Lawyers & Advocates in India(mainly in NCR ).
I started this as a side project first and I did all the coding and market research part.
Why it was failed :
1. For sales and marketing, I hired my brother who was an MBA and things did not go well at work.
He was not giving enough attention and dedication as product required in its initial phase and I was not able to push him hard because of personal relationships.
He was about to get married too so he was under pressure to get a fulltime job.
2. Few people were ready to join my organization and they were ready to invest some money too but I was always afraid to give them equity of the company in return. I was in believing that I can run the company from profit I was earning from selling packages.
3. I was not prepared for the scenario when the product is ready to go to the next level.
I learned :
1. I should trust people more and give them chance to involve.
2. Personal relations should stay away when there is work involved.
3. Seed funding could be helpful to give the product a better shape.
Note: product(http://www.legalisor.com) is still running but I am not much active with its development.
I have written a platform to find good lawyers or advocates in your area for all your legal needs also provides law college information, legal news, and resources.
This is written in Python ( Django Framework).
Why it was failed :
1. For sales and marketing, I hired my brother who was an MBA and things did not go well at work. He was not giving enough attention and dedication as product required in its initial phase and I was not able to push him hard because of personal relationships. He was about to get married too so he was under pressure to get a fulltime job. 2. Few people were ready to join my organization and they were ready to invest some money too but I was always afraid to give them equity of the company in return. I was in believing that I can run the company from profit I was earning from selling packages. 3. I was not prepared for the scenario when the product is ready to go to the next level.
I learned :
1. I should trust people more and give them chance to involve. 2. Personal relations should stay away when there is work involved. 3. Seed funding could be helpful to give the product a better shape.
Note: product(http://www.legalisor.com) is still running but I am not much active with its development.