how I’d build a startup
f you want to be successful and we do then you have to be willing to be misunderstood okay come on this has been a main theme the last month and do things that do not seem sensible to most people for example if you the employees come into the office in the morning thinking how are you going to beat number one number two and number three in the
... See moreFounders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
This is how I would build a startup
It's something we shouldn't even be thinking about at Workflow
Give it to them. Give it to them forreal, not just the cosplay.
You’ll find there’s no playbook. It can’t be copied. It’s a lot harder. But you won’t feel gross.
Reggie James • Tweet
on the importance of a singular vision and good judgment
One of the fundamental lessons of successful social networks is that they must first appeal to people when they have few users. Typically this is done through some form of single-user utility.
This is the classic cold start problem of social. The answer to the traditional chicken-and-egg question is actually answerable: what comes first is a single
... See moreRemains of the Day • Status as a Service
It makes no sense to release a product with the core flow and then dismiss its viability after the aggregate data says people aren’t using it.
Instead, founders should have a fundamental belief about what people want—and they should keep iterating... See more
Nikita Bier • Tweet
Nikita Bier
I let you do it this one time you'll do it again the contract with the customer which is very low prices must not be broken
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Costco gets this incredible deal better deal than they normally get when they buy 2 million pairs of designer jeans they wind up getting them for $22 so $10 less than Costco has sold the jeans for in the past so they offer this huge markup you could essentially mark it up another 50% and you'd still be half the cost of most other retailers so one of Costco's buyers recommends taking a higher gross margin than usual more than the normal 14% markup since no one would know so he says that the Jim Sagle
Early on saying yes is what leads to small wins and momentum. Casting a wide net early on can be a great strategy.
As you get more successful guard your time and stay focused. Scope creep is a real thing with all business. Don’t be afraid to turn away customers to stay focused.
There will be many many customers who reach out to... See more
Nick Huber