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You plan your company around timing by understanding the market and where it's going. Timing is a useful abstraction, as long as you don't use it as an excuse.
by avaer 9y ago
You plan your company around timing by understanding the market and where it's going.
Timing is a useful abstraction, as long as you don't use it as an excuse. Blaming timing for being wrong is blaming your customers for not wanting the thing you've made. Which is why it's not an excuse you hear from most serious entrepreneurs.
- michaelchisari 9y agoOr, you believe in your product enough to keep pushing forward, while also building out your company to survive the rough times until that happens. That means not blowing through VC money on frivolities, expecting a worst case scenario of struggling for years and years before the world catches on, building tech that can be reused intelligently and hiring people who understand that this is a crawl despite calling your development cycle a sprint.
- bsder 9y ago> That means not blowing through VC money on frivolities You don't get a vote. The VC wants you to "Go Big or Go Home" NOW, not 5 years from now. The VC would rather you flame out and get off his portfolio than continue to be merely profitable. This is one of the things that causes founders to hate most VC's.