Startup Advice
sari and
Startup Advice
Airbnb cofounder: "I thought of a way to make a few bucks"
September 22, 2007 https://t.co/mPPTqLO04z
We’re driven by an insatiable desire to bring our ideas to life, to make a difference in the world, and to make our own paths to success. As creators, as founders — that’s who we are.
We pour our hearts, souls, and resources into our ideas, fuelled by a shaking, frequently fucking terrified but always determined belief in our abilities and the... See more
We pour our hearts, souls, and resources into our ideas, fuelled by a shaking, frequently fucking terrified but always determined belief in our abilities and the... See more
Be Prepared to Lose Everything.
The Jenga situation
seths.blog
The early days are exciting. Customers are seen and heard and served. Variations are created and value is produced as problems are solved.
In the early days, the most celebrated employees are the ones who figure out what someone needs and then determines a way to fill that need.
Once the organization gains traction, it’s possible that a short-term profit maximizer will join the team. They push to treat the customers as replaceable flanges, almost identical, income opportunities to be processed. And the employees? They are expenses, not part of a team.
It can seem like the fastest way for a stable business to increase profits is simply to remove some sticks. Process more flanges with fewer expenses. Lower overhead, measure the easy stuff, do it faster.
We spend too much time dealing with shaky towers. The resilience of people connecting, of organizations evolving, of service and clarity and generative work is far too important to be threatened by a few hustlers who insist on measuring the wrong thing.
Simply 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
Whether a recession is coming or not -- biggest thing is momentum.
Momentum cures all.
You’re going to get knocked down or discouraged. Inevitable.
Key is to get back on it as soon as possible.
nametwitter.comPlay to win, don’t play to not lose
nearlynicole.com
The result of this garage-centered approach to entrepreneurship was a business paradigm that looks liked this:
In the above model, notice how the product is at the center of the company, and all the work and effort of building the actual business is focused on marketing the product.
In the above model, notice how the product is at the center of the company, and all the work and effort of building the actual business is focused on marketing the product.