
There's also no real point in running ads when all you have is an MVP. Ads are for demand generation once you have a really solid handle on the problem, the product, sales channels, etc.
My suggestion would be the following:
1. Stop writing code or doing any development work
2. Cut expenses to the bone by any means necessary so that you're "default alive" no matter what (for the foreseeable future anyway)
3. Get yourself a copy of The Four Steps to the Epiphany[1] by Steve Blank. Read it. Then read it again.
4. Go through the customer development process as outlined by Blank, and start talking to prospects.
5. Don't start writing code again until/unless you sync up to that point where the process has you starting to take an MVP out to show to prospects.
6. Pick up from there and follow the process.
Now an exception would be this: you talk about a mature market. IF there are already plenty of well established, mature, market proven solutions that do more or less the same thing as your proposed solution, then you can skip some of the validation stuff. I mean, you could guarantee that you're at least building "something people want" by just copying one or more of your competitors. BUT... if all you're doing is copying a competitor, you have to ask "why would a customer buy your solution instead of theirs?"
Ideally in that case, you have some vision or idea for a "thing" that distinguishes your solution from the others on the market. In that case, though, you still have to validate that the market players actually see your proposed solution as better than the other solutions OR you need to be "at least as good as the others" but significantly cheaper, or something.
In terms of addressing all of that, a couple of books I'd suggest reading include:
1. The Discipline of Market Leaders[2]
2. Differentiate or Die[3]
3. Zero to One[4]
4. Traction[5]
[1]: https://www.amazon.com/Four-Steps-Epiphany-Successful-Strate...
[2]: https://www.amazon.com/Discipline-Market-Leaders-Customers-D...
[3]: https://www.amazon.com/Differentiate-Die-Survival-Killer-Com...
[4]: https://www.amazon.com/Zero-One-Notes-Startups-Future/dp/080...
[5]: https://www.amazon.com/Traction-Startup-Achieve-Explosive-Cu...
Something Deeply Hidden - Sean Carroll
The Universe Speaks in Numbers: How Modern Math Reveals Nature's Deepest Secrets - Graham Farmelo
The Man Who Loved Only Numbers: The Story of Paul Erdos and the Search for Mathematical Truth - Paul Hoffman
The Man Who Knew Infinity: A Life of the Genius Ramanujan - Robert Kanigel
Lost in Math - Sabine Hossenfelder
The First Three Minutes - Steven Weinberg
Hyperspace - Michio Kaku
Not Even Wrong - Peter Woit
The Trouble With Physics - Lee Smolin
About Time - Paul Davies
Time Reborn - Lee Smolin
The Elegant Universe - Brian Greene
The Hidden Reality - Brian Greene
The Fabric of the Cosmos - Brian Greene
Quantum Space: Loop Quantum Gravity and the Search for the Structure of Space, Time, and the Universe - Jim Baggott
The Universe Speaks in Numbers: How Modern Math Reveals Nature's Deepest Secrets - Graham Farmelo
Three Roads To Quantum Gravity - Lee Smolin
Programming the Universe: A Quantum Computer Scientist Takes on the Cosmos - Seth Lloyd
Higgs - The invention and discovery of the 'God Particle' - Jim Baggott
Analogy Making As Perception - Melanie Mitchell
Society of Mind - Marvin Minsky
Engineering General Intelligence, Part 1 - Ben Goertzel
Engineering General Intelligence, Part 2 - Ben Goertzel
The AGI Revolution - Ben Goertzel
Hackers & Painters by our very own Paul "pg" Graham
Hackers: Heroes of the Computer Revolution - Steven Levy
The Soul of a New Machine - Tracy Kidder
Cyberpunk: Outlaws and Hackers on the Computer Frontier - Katie Hafner & John Markoff
Artificial Life: A Report from the Frontier Where Computers Meet Biology - Steven Levy
Ghost In The Wires - Kevin Mitnick
The Art of Deception - Kevin Mitnick
The Art of Intrusion - Kevin Mitnick
Godel, Escher, Bach: An Eternal Golden Braid by Douglas Hofstadter
The Fountainhead - Ayn Rand
It's Not About The Bike - Lance Armstrong
Ultramarathon Man - Dean Karnazes
Charles Proteus Steinmetz: The Electrical Wizard of Schenectady - Robert Bly
Report From Engine Co 82 - Dennis Smith
Positioning: The Battle for Your Mind - Al Ries, Jack Trout and Philip Kotler
The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk! - Al Ries and Jack Trout
Re-Positioning: Marketing in an Era of Competition, Change and Crisis by Jack Trout and Steve Rivkin
The 22 Immutable Laws of Branding - Al Ries and Laura Ries
Differentiate or Die: Survival in Our Era of Killer Competition - Jack Trout and Steve Rivkin
Marketing High Technology - William H. Davidow
Marketing Warfare - Al Ries
The Discipline of Market Leaders - Michael Treacy and Fred Wiersema
Crossing The Chasm - Geoffrey Moore
How to Measure Anything - Douglas Hubbard
Fooled by Randomness - Nassim Nicholas Taleb
The Black Swan - Nassim Nicholas Taleb
1. Positioning: The Battle for Your Mind by Al Ries, Jack Trout and Philip Kotler
2. The 22 Immutable Laws of Marketing: Violate Them at Your Own Risk! by Al Ries and Jack Trout
3. Re-Positioning: Marketing in an Era of Competition, Change and Crisis by Jack Trout and Steve Rivkin
4. The 22 Immutable Laws of Branding by Al Ries and Laura Ries
5. Differentiate or Die: Survival in Our Era of Killer Competition by Jack Trout and Steve Rivkin
6. Marketing High Technology by William H. Davidow
7. Marketing Warfare by Al Ries
8. The Discipline of Market Leaders by Michael Treacy and Fred Wiersema
9. Crossing The Chasm by Geoffrey Moore
The Four Steps to the Epiphany - Steve Blank. This is a MUST read. If you read nothing else, make it this book. Note that there is a 2nd Edition, which changes the title to "The Startup Owner's Manual". There is a lot of overlap in the content, but enough difference to justify reading both, IMO. I would start with the older one.
The Discipline of Market Leaders - Fred Wiersema, Michael Treacy - another crucially important book IMO. Does a great job of explaining how there are many different vectors along which you can compete, and explains how choosing which vector you're going to compete on is fundamental to defining your business and market.
The Art of the Start - Guy Kawasaki. Lots of good basics on startups
Differentiate or Die - Jack Trout, Steve Rivkin. - Title says it all.
It's Not The Big That Eat The Small, It's The Fast That Eat The Slow - Jason Jennings
The 22 Immutable Laws of Marketing - Jack Trout and Al Ries
Positioning: The Battle for Your Mind - Al Ries, Jack Trout, Philip Kotler
Crossing the Chasm - Geoffrey Moore
Mastering The Complex Sale - Jeff Thull - lays out an approach to selling that I believe is one of the best out there for enterprise / B2B. May not be as relevant for B2C or other approaches.
Exceptional Selling - Jeff Thull - more on Thull's selling approach.
The Prime Solution - Jeff Thull - and yet more still on Thull's selling approach.
The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail - Clayton Christensen
Zero to One: Notes on Startups, or How to Build the Future - Peter Thiel, Blake Masters
How To Measure Anything - Douglas Hubbard. - Maybe one of the most important books I've ever read. The ideas in this book can apply in many domains, related to startups or otherwise. I can't recommend this one highly enough.
Repositioning: Marketing in an Era of Competition, Change and Crisis - Jack Trout, Steve Rivkin
Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant - W. Chan Kim, Renée A. Mauborgne
Outside Innovation: How Your Customers Will Co-Design Your Company’s Future - Patricia Seybold
I'd say take a little time out, read The Discipline of Market Leaders, Mastering The Complex Sale, and Differentiate or Die and think about ways you can compete with them. IF your analyzes leaves you with the conclusion that the best thing to do is to drop your idea, then fine. But don't just randomly decide to drop it because AWS is going to be competing with you.
Also, just a random thought that I recently had, given that I'm in the exact same boat (trying to compete with stuff AWS is doing).. read up on the old "Embrace and Extend" idea. I think there may be a kernel of something there, in terms of using that to compete against larger players. It's a half-formed / half-baked thought right now, but it might be worth chewing on a bit.
If you're interested in continuing this discussion outside of HN, feel free to drop me an email. prhodes@fogbeam.com
GoDaddy founder Bob Parsons once said something like (paraphrased slightly) "never be scared to enter a crowded market. Just be better than everybody else". Something to think about.
Beyond that, consider that your product is not the only dimension on which you compete. That is, there are other ways to compete besides having the best product. As we all know, the best product doesn't always win.
I'd recommend reading The Discipline of Market Leaders by Fred Wiersema and Michael Treacy, as well as Mastering The Complex Sale, The Prime Solution and Exceptional Selling, all by Jeff Thull. These books deal a lot with how to compete and sell and differentiate yourself... even when selling a seemingly low-value commodity like sand. Another valuable book is Differentiate or Die by Jack Trout and Steve Rivkin.
