I used to copy Ira so much when I started. I didn’t know WTF to do on mic, so without noticing I started doing what Ira did. It wasn’t enough that anyone else noticed, but it was enough for me to realize later on.

Hi Bhavesh,

I couldn’t have counted the number of people who clicked on the “buy now” button, but that would only be training people to think that my stuff really isn’t for sale, when, in fact, it really is.

Second, shopping cart abandonment rate is so high. On some sites, over 90% of people who “add to cart” don’t buy. Unless you know your shopping cart abandonment rate, there’s no way to use it to predict demand for your product.

Regarding shipping in a month from the time you take the payment: it is feasible. In most cases . . . if it’s software and it takes more than 2 months to build . . . it’s not an MVP.

–Clay

I have a software idea that if it works could be quite successful but I’ve just realised that I cannot afford Dane Maxwell’s Foundation. How can I do this on my own? I don’t want to spend the rest of my life working on a cash till…hoping they would promote me.

I agree. Mat Ballek is doing a great job.

Absolutely! The next one’s in January and I am already stoked about it :) I went for one a few months back and stood 2nd but it’s disheartening to see that most of the companies never actually pursue the startup after the 48 hours (including mine). I consider it a networking event (which is perfect since it fits my need for scouting out talented people)

Quick question Clay – couldn’t you have just tracked the # of people who clicked on your ‘buy now’ button to validate your idea during the pre-sell process? I am not sure of the legality but collecting the payment and promising the product within a month does not seem like a feasible option for most of the entrepreneurs out there who want to validate their ideas. I’d love to get your opinion on this and learn more about what you did to validate the leadplayer.

P.S – Already a huge fan of both, LeadPlayer and TheWelcomeGate. Kudos!