Whereas perfect was a misuse of resources for most features, exceptions to the rule did exist. There were certain critical user experience items that we needed to be as near to perfect as possible.
Cliff Lerner • Explosive Growth: A Few Things I Learned While Growing My Startup To 100 Million Users & Losing $78 Million
The "80/20 principle" for founders
Traction: 80% distribution, 20% product
Growth: 80% retention, 20% acquisition
Revenue: 80% existing customers, 20% new leads
Pricing experiments: 80% positioning tweaks, 20% actual price changes
Brand building: 80% customer experience, 20% logo design
Sales: 80% listening, 20% pitching
Community building: 80% empowering... See more
Traction: 80% distribution, 20% product
Growth: 80% retention, 20% acquisition
Revenue: 80% existing customers, 20% new leads
Pricing experiments: 80% positioning tweaks, 20% actual price changes
Brand building: 80% customer experience, 20% logo design
Sales: 80% listening, 20% pitching
Community building: 80% empowering... See more
GREG ISENBERG • Tweet
70-20-10 Rule
But how is that reflected in resource allocation? The Horizons Framework suggests that the majority of your team members should be working on the Horizon One product, says Behrens Wu. “So you have, let's say, 70% doing Horizon One, 20% doing Horizon Two and then 10% playing around with Horizon Three.”
But how is that reflected in resource allocation? The Horizons Framework suggests that the majority of your team members should be working on the Horizon One product, says Behrens Wu. “So you have, let's say, 70% doing Horizon One, 20% doing Horizon Two and then 10% playing around with Horizon Three.”
Shippo’s Path to Product-Market Fit
“There are only two things you have to know about business: build something users love, and make more than you spend.
As for building something users love, here are some general tips. Start by making something clean and simple that you would want to use yourself. Get a version 1.0 out fast, then continue to improve the software, listening closely t
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