If 0 to 1 is about product-market fit, -1 to 0 is about founder-market fit. Figure out what you want to build and why you are the right person to build it before you start.
I was at Amzn early '00s when we lost 95% of our market cap. Later at FB I negotiated a down-round in '09, and then in '12 our stock dropped 50% post-IPO. I was on the board of a public company that went bankrupt (Borders) and a start-up that went under (Hello). Some lessons:
An easy way to become a better delegator is to identify what will unlock more leverage for yourself. Jonathan broke it down into 5 levels, with one more that he’s building at Athena.
#1 — Novice: Delegation by Task
Jonathan has seen thousands of delegators start their journey and, without help from Athena’s delegation... See more
A better use of some of that capital is continued experimentation.
In a world with an emerging new class of startups, the Silicon Valley Small Business, thinking of investment capital specifically as a means to learn more about your users faster through experimentation is worth considering.
The more you learn, the more you’ll be able to iterate to... See more
How can we better align incentives between founders and funders, and enable more people to build enduring companies with patience, care, and preservation at the center?
That depends on the type of research. Marketing often owns marketing or market research. Makes sense, right? This might be qual or quant research that helps Marketers do their jobs well.
Who owns CX, UX, user, customer, or “design” research? I would have to say that your CX or UX Researchers own it. Perhaps your Service Designers,... See more
I stepped away from Heap last month, after nine fantastic years.
Here are some things I wish I could tell my 2013 self.
I was excited to write some code, and I had no idea what was in store on the path to 350+ people and a transformative product.