Startup Advice
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Startup Advice
To help you make it through the darkness, here’s a series of concrete actions you can take today to try to turn things around:
- Talk to more users (actually do it)
- Change your target audience/ICP
- Change your positioning/messaging/pitch
- Try a “kickstarter” to get the word out
- Find something that is working and pivot fully to that
- Give it a bit more time
- G
Lenny Rachitsky • What to Do if Your Product Isn’t Taking Off
I Consulted Over 50 Crypto Projects — Almost All of Them Do Not Know What They’re Doing.
Al Alanyentrepreneurshandbook.co
Engineer Wei Dai on reinventing yourself:
"Once you achieve high status, a part of your mind makes you lose interest in the thing that you achieved high status with in the first place. You might feel obligated to maintain an appearance of interest, and defend your position from time to time, but you no longer feel a burning need to know the truth.
One solution that might work (and I think has worked for me, although I didn't consciously choose it) is to periodically start over. Once you've achieved recognition in some area, and no longer have as much interest in it as you used to, go into a different community focused on a different topic, and start over from a low-status (or at least not very high status) position."
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.
Ruchi Sanghvi • To Go 0 to 1, First Go -1 to 0
Before I decide to do something, my first question is:
“What problem are we solving?”
9 times out of 10, answering that question shows me:
1) It’s not really a problem (so I can ignore it)
2) What I was planning on doing wasn’t the best way to solve... See more
Alex Hormozitwitter.comSimply put, an ICP must be a single market segment :a group of people for whom the value of solving a problem is roughly the same, and who can be reached in roughly the same way. “People who use Excel” is not a market segment, because it says nothing about either the value of their problem or how to reach them. “Marketers who use Excel to build... See more
Jake Fuentes • Lessons learned from a startup that didn’t make it
- If you want to reach your full potential, you’ll need to have your logic torn apart to discover holes, allowing you to improve your reasoning, so you make better decisions
The Man Who Does Everything - Adam Grant on The Tim Ferriss Show • Podcast Notes
How do you become a 100-year company?
Taste is a double-edged sword. Because it is ephemeral, you’re untouchable if you have it. Competitors won’t be able to copy it—what is there to copy?
Taste is a double-edged sword. Because it is ephemeral, you’re untouchable if you have it. Competitors won’t be able to copy it—what is there to copy?