Startup Advice
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Startup Advice
Thread by @patio11: "Some people really benefit from hearing advice that everyone knows, for the same reason we keep schools open despite every subject in them h […]"
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Someone else’s success isn’t your failure.
100 Simple Truths
I’ve come to learn through first-hand experience that monopolies often serve as the ideal competitor to take on. There are four main reasons why:
- Monopolies have already proven the industry is viable and lucrative
- Monopolies refuse to cannibalize their own dominance
- Monopolies have institutionalized their inefficiencies
- Monopolies have the most to
Nir Zicherman • Don’t Be Scared to Take on a Monopoly
Your dream projects might be dreams because they’re not formed in dialog with the world, not because they’re good ideas
Sasha Chapin • Tweet
Think about distribution from day one
If you’re going to build a product, you want people to use it. But far too often, founders get drawn to the building and tinkering side of the business, forgoing the go-to-market piece until they’re actually ready to get out and sell.
That’s a mistake, says Foster. “I think one of the biggest things that... See more
If you’re going to build a product, you want people to use it. But far too often, founders get drawn to the building and tinkering side of the business, forgoing the go-to-market piece until they’re actually ready to get out and sell.
That’s a mistake, says Foster. “I think one of the biggest things that... See more
The Not So Cookie-Cutter Approach to Company Building — 8 Lessons from Zapier
Constraints breed creativity.
By running your startup with the stated goal of being cashflow positive, you force your team to take ownership of every dollar just a bit more and consider outside-the-box solutions earlier. It also can influence team members to be willing to go beyond their stated areas of ownership to get things done.
By running your startup with the stated goal of being cashflow positive, you force your team to take ownership of every dollar just a bit more and consider outside-the-box solutions earlier. It also can influence team members to be willing to go beyond their stated areas of ownership to get things done.