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ventures · 24 January 2023 · 6 min read

What Venture Building Looks Like From the Inside

We build our own products alongside client work. Here is the process we use, and the three points where most internal ventures quietly die.

SSandra LeeBusiness Development, 8 Connect Consulting
What Venture Building Looks Like From the Inside

Our ventures did not start as ventures. Each one began as a problem we kept meeting in client work, solved badly with spreadsheets for a while, and eventually built properly because the workaround became embarrassing.

That origin matters. The hardest part of building a product is finding a real problem with real urgency, and consulting work hands you those every week.

The process we use

**Notice the repetition.** If three unrelated clients describe the same pain in the same quarter, that is signal. One client's pain is a project. Three is a market.

**Build the smallest honest version.** Not a mockup and not a platform — something that does one job end to end for one real user. Ship it internally first.

**Charge early.** The gap between "this is interesting" and "here is my card" is the only reliable measure of demand. Free pilots teach you very little.

**Give it a real owner.** A venture without one accountable person will lose every scheduling conflict with client work, forever.

**Decide in advance what stopping looks like.** Write down the number that means stop, then honour it.

Where internal ventures die

**The second month.** The novelty has worn off, the first users have found the rough edges, and paying work is louder. Most products die here, unfinished, and nobody notices.

**The first real customer.** Support, onboarding and invoicing turn a side project into an operation. Teams that have not planned for this quietly stop selling.

**The first plateau.** Growth flattens and the temptation is to add features. Usually the answer is distribution, not scope.

What we bring to it

The same things we bring to client engagements: engineering, cloud infrastructure, search visibility and the commercial experience to price something properly. Being an ICANN accredited registrar and an AWS partner means the unglamorous foundations — domains, hosting, deliverability, security — are handled in-house rather than outsourced and hoped for.

Why we keep doing it

Running our own products keeps our advice grounded. When we tell a client that a decision will be painful later, it is usually because it was painful for us. That is worth more to the people we advise than any framework we could draw on a whiteboard.

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