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Focus on Users Over Personal Preferences: Prioritize validating your idea and catering to user needs over personal ego or preferences. User Traction Before Inv
by QuantumGood 3y ago
Focus on Users Over Personal Preferences: Prioritize validating your idea and catering to user needs over personal ego or preferences.
User Traction Before Investor Attention: Concentrate on acquiring users first; investors will follow if your user base is strong.
Hiring Philosophy: Hire proactive, multifunctional team members (like full-stack developers) who align with your company culture and avoid hiring managers or people you don't connect with until reaching Product-Market Fit (PMF).
Market Strategy: Aim for the global market from the start and prioritize SEO early on to maximize reach and growth potential.
Feature Development and Feedback: Sell and discuss potential features with current users before development to ensure relevance and demand.
Investment Strategy: Reinvest profits into your startup and trusted networks rather than external investments like cryptocurrencies or stocks.
Online Presence and Networking: Maintain active social media engagement, especially on platforms like Twitter, for networking and traffic.
Avoiding External Distractions: Stay clear of partnerships with corporations and distractions like hype markets, as they often lead to time wastage and misaligned priorities.
Business Focus and Decision Making: Prefer B2B over consumer apps due to higher success rates and easier monetization, and don’t hesitate to abandon non-performing projects within a year.
Project Management and Outsourcing: Avoid methodologies like Scrum if they don't fit your team's style and refrain from outsourcing until achieving PMF to ensure alignment with your vision.
Funding and Time Management: Bootstrap your startup if possible, avoiding the time-consuming process of raising funds, and recognize that tech conferences may not always provide value.
- johnrushx 3y agogood take