Startup Advice

The success myth is a trap entrepreneurs fall into where they assume success will make their lives easier. But that’s not actually how success works in entrepreneurship. As you progress further into your entrepreneurial venture, the success and growth you achieve is going to lead to lots of challenges you weren’t expecting.

1. The 7 sources of power:
   
   
   1. Brand: Your unique brand identity attracts and retains a significant number of customers.
   
   
   2. Process power: You can produce something more efficiently than competitors, and the competitors can’t easily copy the method.
   
   
   3. Cornered resource: You have exclusive access to a vital resource, such as the only rights to a patent.
   
   

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Steve Jobs gave one of his best interviews about building products back in 1995. Anyone who wants to craft amazing products should watch it. Here are 9 quotes from Jobs that really resonated with me: