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Well intentioned list, and generally peppered with survivor (or failure) bias when trying to consume these bullet points without the context of the contributor.
by jroseattle 3y ago
Well intentioned list, and generally peppered with survivor (or failure) bias when trying to consume these bullet points without the context of the contributor.
The best across-the-board advice that I've heard from others:
- Own it. Be the best operator for everything in your business.
- Scale last. Very few companies have failed because they couldn't scale the business (but did everything else right).
- Keep at it. Blood, sweat and tears.
Even at that, the mentors who I've had in the past said take these things with a grain of salt.
- dwallin 3y ago#2 seems very dependent on the competitive landscape in your market. If you have well-funded competitors growing quickly and taking market share you could absolutely fail due to not scaling rapidly enough.
- jroseattle 3y agoWell, I'd say that these generic tips of advice aren't a strict playbook to go by. More so, I'd say they go to a mindset for a founder to help shape where you spend your time and resources. I think the intended thought process is: don't prematurely scale. Wait until you need to.