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Correlation does not imply causation. A "startup" is a company in search of a successful business model. Those that fail will leave behind a record of many fa
by devenson 14y ago
Correlation does not imply causation.
A "startup" is a company in search of a successful business model. Those that fail will leave behind a record of many failed explorations, making it look as thought this was the "cause" of their failure. Perhaps they just failed to find their successful business model. Perhaps it was never there. That said, I do agree with the author. Focus is key.
- wpietri 14y agoThere's an important difference, though. At my startup we've tried a lot of things, but we try them serially. We went through a bunch of ideas early on, doing our best to kill the idea in prototype. Here my co-founder talks about how we spent 6 weeks to kill an idea that other people spent 9 months (and millions of dollars) to kill: http://vimeo.com/24749599 http://vimeo.com/24749599 The failure mode that Suster talks about is trying to do all the ideas in parallel. I agree that startups should try a lot of things, but strongly believe they should focus on one at a time.