Your startup idea probably isn’t venture-scale
Whether growth is truly beneficial to your business How you could solve business problems without just adding “more” Whether you really need funding or venture capital for your idea, or are simply thinking too big to start
Paul Jarvis • Company Of One: Why Staying Small Is the Next Big Thing for Business
- Your idea is not valuable, at all. All value is in the execution. You think you are an exception; you are not. You should not insist on an NDA to talk about it; nobody serious will engage in contract review over an idea, and this will mark you as clueless.
- Charge more. Charge more still. Go on.
- Investors in venture-back companies are purchasing
Patrick McKenzie • Thread by @patio11: "Some people really benefit from hearing advice that everyone knows, for the same reason we keep schools open despite every subject in them h […]"
Here are some tips to keep your startup lean:
- Focus on unit economics from day one. Understand your costs and revenue at a granular level.
- Wait to hit certain revenue milestones before hiring additional teammates.
- Explore alternative funding sources like revenue-based financing, crowdfunding, or bank loans.
- If you do need to raise VC money, approach it
the best way to avoid getting over-diluted
The question to ask about an early stage startup is not "is this company taking over the world?" but "how big could this company get if the founders did the right things?"