Are You Prepared to Pay the Real Price of Startup Success?
For the past decade, our idolatry of startups and innovation has meant the focus has been: What can we disrupt? How fast can we grow? How big can we get? How much can we raise?
Founders are taught to possess enough faith that they can build something very big very fast. This creates a pressure cooker of responsibility that distorts reality to the... See more
Founders are taught to possess enough faith that they can build something very big very fast. This creates a pressure cooker of responsibility that distorts reality to the... See more
Sari Azout • Can I Ramble for a Sec?
Because big businesses aren’t built on gimmicks. You can blitz your way through Sand Hill Road and spike up the App Store charts on gimmicks, but you can’t actually use them to replace Gmail, or Salesforce, or Instagram, or Instagram, or Instagram, or Instagram. Even seemingly instant successes can’t become lasting companies without putting in the... See more
Benn Stancil • Why Are We Surprised That Startups Are So Freaking Hard?
Because of how much we deify the great entrepreneurs of our time, we end up inevitably comparing our new company
John Koenig • Edward Lando
Advice for other startup founders:
1. Starting a company is annoying and hard in ways you shouldn't expect anyone else to validate or sympathize with
2. The average service job is at least 10x harder
3. Believing you can change the world is only useful as an early motivator, the second... See more
Take, for example, the ambition to “make your venture-backed startup profitable”: to develop, market, and distribute a product or service that’s never existed before, in a form that’s valuable and accessible enough for large numbers of people to want to pay you for it, in sufficient quantity that your revenue consistently exceeds your costs.
If... See more
If... See more