Your Startup's Problems Are Within Your Control
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Your Startup's Problems Are Within Your Control
good teams assume that at least three quarters of the ideas won't perform like they hope.)
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.
I find that most product teams have a much better sense of how to accomplish the second goal of delivering solid software than how to accomplish the first goal of rapid experimentation and discovery.
We tell entrepreneurs to find a need, test, and trial until they find a solution to that need, move fast, and break things. Yes, betas work; our method is a process of induction, right out of the playbook of the scientific method. Yet we need to insert a framework of intentionality into that process so that at the end of our experiments, we have a
... See moreI've never taken the perspective of "build a cool piece of technology and see where it goes." It's more or less been based on an intuition about a hole in the market—or, more accurately, a future hole in the market. At any given time, you've got to have a technology roadmap in your mind and a market roadmap as to where things are headed—b
... See moreDeliberation, execution, hiring, and delegation are all critical; no business succeeds without a healthy blend of those. However, in early-stage startups, these strategies consistently fail for one important reason: missing information.