“As long as you are learning and you keep iterating fast and cutting your losses quickly, then when you find the right thing — you have to be optimistic and compound into it.” - @naval https://t.co/kfSM7KEheX
Reads with Ravix.com“As long as you are learning and you keep iterating fast and cutting your losses quickly, then when you find the right thing — you have to be optimistic and compound into it.” - @naval https://t.co/kfSM7KEheX
Fast iteration can make up for a lot; it’s usually ok to be wrong if you iterate quickly. Plans should be measured in decades, execution should be measured in weeks.
When you think you’ve found a worthwhile idea, decide how to test it quickly, with minimal investment. Define what success looks like beforehand, and know what you’re going to do if your hunch is right.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
If your startup made any progress this week it was a good week.
Just do that for years and you’ll eventually be an overnight success.
Andrew Gazdeckix.com