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Your startup will die (I reckon 1 in 10 do in the first year itself), if you... - don't build something you want first (dogfooding, has some exceptions) - don
by nreece 13y ago
Your startup will die (I reckon 1 in 10 do in the first year itself), if you...
- don't build something you want first (dogfooding, has some exceptions)
- don't 'release early, release often'
- don't iterate on feedback (talk to the users, everyday)
- focus too much on perfection and scalability from day 1 (pre-mature optimization)
- don't focus on sales from day 1 (charge users, free is not a business model)
- don't start marketing early on (mainly content marketing, SEO, social networking etc.)
- don't delegate (outsource or hire) your workload when things pick-up
- don't stay frugal and don't reinvest
- don't have (or lose out) the vision and passion to organically grow the business into something big (in terms of reach, not necessarily size)
- your main purpose is getting rich (early exit, acquisition etc.), in which case get a job
[back to my trench]