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
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."
Collapse the talent stack every chance you get . As I reflect on the teams I’ve led and hundreds of start-ups I’ve worked with, there is a consistent unfair competitive advantage i’ve witnessed when the talent stack was collapsed - when the lead designer was also the product leader, when the front-end engineer was also a designer, when the designer... See more
Scott Belsky • Collapsing the Talent Stack, Persona-Led Growth & Designing Organizations for the Future Collapsing the Talent Stack, Persona-Led Growth & Designing Organizations for the Future
Your probability of winning a hand always depends on having multiple ways to win.
The 100 Best Bits of Advice From 10 Years of First Round Review
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
Executive performance coach Julie Gurner on the power of better questions:
“The questions you ask yourself will largely determine the answers you get.
“The questions you ask yourself will largely determine the answers you get.
- “Why am I not successful?” You’ll get answers that berate you.
- “How can I succeed here?” You’ll get answers that push you.