This is one of the words which you can hear almost always in the startup ecosystem. "Fear of Missing Out". As a startup founder I almost always took pride in myself for my ability to envision products and think objectively with clarity, thus in no sense of the world would I ever fall for FOMO. When I was founding Kleo Network, I heard this advice multiple times over and again: "You need to drive FOMO for investors to invest in your startup". I used to think to myself "woah, are investors really that dumb". In reality, I was that dumb.
I fell for FOMO, and hard. The genesis of FOMO comes from greed. If there is an oppurtunity to make money, then people tend attach network effects to that oppurtunity, scale quickly and create wealth of themselves. The greed is not bad. The action paralysis that comes with that greed is.
For last few months, I have been fidgety with my ideas,
-> New Idea, New messaging, New GTM.
This keeps on repeating itself again and again. No potential gets realised because it is not given enough time to compound. Anything great needs to be copied rather than finding your own voice and origanility. This is why it's so easy to copy and so hard to create. It is not question of money, it is a state of mind which is dictating it.
FOMO affects investors but FOMO affects startup founders a lot more especially a solo founder. The new thing which is getting traction is always more shiny and exciting then what you are currently building. This is why FOCUS, and MOMENTUM are extremely hard and getting it right is most precious.
I want to stick to a certain timeline for my next product, and I will follow this timeline no matter what.
8th October - Launching the website.
9th October - Launching the product.
10th October - Launch on ProductHunt.
Everything needs to be focused towards that and nothing else.
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