We all know “startups are hard,” but I think we tend to imagine that this difficulty is bounded, contained, modelable, a bit like running a marathon: yes, legs and lungs hurt, but that’s normal and appropriate, and we know the route, the distance, and that there’s a finish line. This is a kind of difficulty we can contend with without losing oursel... See more
Chris Best • Principles and pragmatism
“All businesses are loosely functioning disasters” Brent Beshore says. But it’s like an iceberg, only a fraction is visible.
Morgan Housel • Harder than it looks, not as fun as it seems
Bootstrapped businesses have a huge advantage of being customer-focused out of necessity, but at the same time their growth comes from what they pull in—and a growing business is a hungry business. So much of the early stage resources are put into the day-to-day hustle that there’s rarely any left over for strategic investments in the people, proce
... See moreCharlie Gilkey • The Small Business Life Cycle: The No-Fluff Guide to Navigating the Five Stages of Small Business Growth
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