Startup Advice
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Startup Advice
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
End every meeting or conversation with the feeling and optimism you’d like to have at the start of your next conversation with the person. If you envision running into this person again and how you want that to go, it’ll undoubtedly influence how you navigate a present conversation — usually for the better
The 100 Best Bits of Advice From 10 Years of First Round Review
Time to Value is a metric that considers the amount of time required after starting to use a product for the user/customer/buyer to begin experiencing meaningful results.
For example, if you buy a car and drive it off the lot, the TTV value — let’s call it a TTV ratio — is basically 1:1. You buy the car, you start driving to where you want to go,... See more
For example, if you buy a car and drive it off the lot, the TTV value — let’s call it a TTV ratio — is basically 1:1. You buy the car, you start driving to where you want to go,... See more
A Powerful New Metric for Evaluating a Startup’s Potential for Success
Complicated problems have a solution, and the solution can often be found by breaking the complicated portions into smaller pieces.
And complicated problems often have an emotional component, because there are parts of the problem we don’t want to look at closely, or deal with personally.
If you’re lucky enough to be handed a complicated problem,... See more
And complicated problems often have an emotional component, because there are parts of the problem we don’t want to look at closely, or deal with personally.
If you’re lucky enough to be handed a complicated problem,... See more
Complex or complicated?
Two thoughts: The best startups are masters of asymmetric warfare -- they don't fight on the battlefield the incumbent selects. And, users often understand their problems well but are horrible at suggesting features to solve these problems.
Michael Seibeltwitter.comA PM I once worked with was struggling to persuade somebody of something. I told him to ask them the question, “What data would I have to show you to get you to change your mind?” If they didn’t have a clear answer, then he would know this was an idea they held on faith, a bit like a religious belief. No amount of data can sway a person from their... See more