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Love the quote "if the probability of 'risk X' is lower than the probability of your company not surviving to the next milestone, forget about it." It's like an
by scottcard 16y ago
Love the quote "if the probability of 'risk X' is lower than the probability of your company not surviving to the next milestone, forget about it." It's like an extreme transformation of the 80/20 rule to apply to the world of startups.
- robert_mygengo 16y agoI have to credit Steve Blank with that one — and I recommend his book The Four Steps to the Epiphany unreservedly.