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Lots of confusion by the author of this piece, unfortunately. Author seems to struggle with English so perhaps that's why they accidentally misinterpreted some
by rjyoungling 7y ago
Lots of confusion by the author of this piece, unfortunately. Author seems to struggle with English so perhaps that's why they accidentally misinterpreted some points made by the investors.
Aside from the points mentioned in the comments above, I didn't quite get this point: 'The misunderstood dogma here is to have no definite plan, work in incremental iterations to find out what’s most valuable to customers today(Lean Startup Methodology).'
Having no plan is the opposite of the Lean Methodology. The approach is literally built on the notion of having a business model that contains a set of hypotheses, which you then test, and iterate accordingly. In lean, a pivot is defined as replacing a hypothesis in the business model with a new one. E.g. Who you thought your market was.
All in all, format is interesting but the author doesn't seem particularly knowledgeable in this field. Looking forward to an updated version though.
- allenleein 7y agoAuthor here. Thank you for the precious feedback! I'm working on it.
- rjyoungling 7y agoKeep at it! You're definitely on the right track.
- allenleein 7y agoThank you!
- abhinai 7y agoYou seem very humble. Keep up the good work. Listen to feedback but not all the feedback here needs to be taken seriously.
- allenleein 7y agoThank you, I will keep that in mind. I always appreciate people giving me brutal feedback so I can learn faster :)
- CalChris 7y agoI think having no plan is kind of a paraphrase of strong opinions, weakly held.
- rjyoungling 7y agoI don't think you should be downvoted although I can see why. Your comment stems from a fundamental misconception of what Khosla means. When Khosla says that, he's specifically referring to tight iteration loops (which implies the existence and importance of plans). You believe in your hypothesis such that you're willing to try things others deem foolish, however, you're not so dogmatic that you become unable to change in the face of newly presented evidence. So while you shouldn't be so petrified or overwhelmed you dare not put a stake in the ground (strong opinions), you should simultaneously be very comfortable with changing your mind (weakly held).
- dmix 7y agoThis is true, most Lean stuff is about actually having a product development plan that also factors in marketing/consumer feedback loops via continuous refinement of a set of hypothesis. Far too many companies do product development without much of a plan at all and just do whatever the loudest customers are complaining about, some trends in the industry, fickle management ideas, or a similar bug-driven approach even before it's fully mature.
- rjyoungling 7y agoThis is an artifact of the general laziness of human beings. Companies are made up of people and most people look for desire paths, the path of least resistance. As a result, people don't do their homework and then complain that certain methodologies are fundamentally broken. [1] The mathematical equivalent would be to say that the integers are closed under division because you checked both 8/2 and -10/5. [1] Not to mention all the straw-manning that's going on. Entrepreneurial science is a mess tbh.