3 ms·

> almost never too early Sure, but when is "too early"?

• shalmanese 6y ago
  It's definitionally never too early if you consider "???" as a valid business model. I often tell people that Facebook's early business was an "underpants gnomes model". ie, it was: Step 1: Acquire lots of users Step 2: ??? Step 3: Profit! But that this model was actually enormously useful to Facebook because it brought alignment over what to focus on and what not to focus on and where there were areas of high certainty and where there was, intentionally, areas of low certainty. A business model of "???" is a valid and useful business model because it tells people that we know that we do not know anything about the business model yet and this is an intentional choice and we are aware of it. The key is, even if it is "???", you still need to write it down and have everyone agree that this is, indeed, the business model right now.
• ska 6y ago
  Before you have an idea what your first product actually is?