Then, I shared it in the subreddits requesting for validating the idea. I got a few validations and more signups for the waitlist.
so my question is should I start building now or need to wait for some more time?
In order to answer those questions I think you need an MVP, ideally with very very low development time. Can you do a smokescreen MVP? Can you make something simple and ugly in a couple days, and get feedback from a couple customers?
I don’t claim to be an authority in this, but that’s my thought
So we can assume that consumers/subscribers are fickle. Even deposits do not guarantee future commitment.
The question is: are you prepared to invest 6 months of your time (F/T) and money in building and releasing a MVP? Even to watch it crash and burn? Real entrepreneurs DO!