Lessons learned from a startup that didn’t make it
I have seen five main reasons why early startups fail: The problem the product aims to solve exists, but it isn’t big or painful enough for people to care (or pay to solve it). There are already pretty good solutions on the market, which the founder has missed (bad research) or discounted (hubris). The product doesn’t deliver enough value for custo
... See moreAndy Budd • The Growth Equation: How Early Stage Startups Can Build a Powerful Engine for Growth
Vicente jokes that they have an internal “wrapper-death countdown” which keeps track of the number of days the company survived since the last time it was “pronounced dead.” Here are his thoughts on how startups can be successful in a market where the capabilities of frontier models continues to expand: • Do one thing really well. Vicente takes the
... See morekaustubhs • Wrapper_GPT_Startup---_Interesting_Take
Simply put, an ICP must be a single market segment :a group of people for whom the value of solving a problem is roughly the same, and who can be reached in roughly the same way. “People who use Excel” is not a market segment, because it says nothing about either the value of their problem or how to reach them. “Marketers who use Excel to build con... See more
Jake Fuentes • Lessons learned from a startup that didn’t make it
I Consulted Over 50 Crypto Projects — Almost All of Them Do Not Know What They’re Doing.
Al Alanyentrepreneurshandbook.co
Another way to look at it is, catching lighting in bottle is so rare in successful communities, it's worthwhile to dissect what went right and what went wrong. Understanding that magic helps us truly understand people's motivations and allows us to build better products in the future.