Startup Advice
sari and
Startup Advice
Is the situation actually complicated or is it really quite straightforward, but you're making it complicated because it requires a lot of courage to make the straightforward decision?
Superhuman
Take, for example, the ambition to “make your venture-backed startup profitable”: to develop, market, and distribute a product or service that’s never existed before, in a form that’s valuable and accessible enough for large numbers of people to want to pay you for it, in sufficient quantity that your revenue consistently exceeds your costs.
If you... See more
If you... See more
Gena Gorlin • The Psychological Needs of the Extremely Ambitious
Identify a unique strength that your company/product has that aligns well with the current opportunities in your environment. Then leverage that strength in a way that others cannot easily replicate. Focus on what sets you apart and use it to create a sustainable competitive advantage.
Sean Colombo • The Secret to Duolingo’s Growth
- To create a product that grows organically, you need to “surprise and delight” your customers. You can’t do that by simply meeting a user’s expectations, you have to surpass them. And doing that takes time. (h/t Scott Belsky)
Things I'm thinking about
The result of this garage-centered approach to entrepreneurship was a business paradigm that looks liked this:
In the above model, notice how the product is at the center of the company, and all the work and effort of building the actual business is focused on marketing the product.
In the above model, notice how the product is at the center of the company, and all the work and effort of building the actual business is focused on marketing the product.