Creativity and the ability to create market changing products is not exclusive to those with experience or educate ion in that particular vertical.
When looking at startups and their founders it's important to look at the founder not for what their exper…https://t.co/buTLLOqe63
Bring it!!
Last week we discovered the most direct competitor to what we are building.
They are well funded and more established.
We couldn't be more excited.
This is the best thing that could've happened.
Their existence shows that:
1) investors a…https://t.co/C7b0FqF1LE
Stop trying to keep a secret.
Build in the open.
It's amazing how many people will offer to help if they know what you are doing.
Are you worried someone will steal the idea?
Don't be.
If it's good and you are good, you will win.
Customers only ca…https://t.co/mITVv4w95O
Come on, man!!!
Not this nonsense again.
It's like all of a sudden they are surprised that this was a scam?
What happened with all that thorough due diligence?
If it looks to good to be true, it probably is.
Trust but verify.
You know who this me…https://t.co/W5eW1xSHvr
"Who cares?"
That was a question I was asked by an investor about the product that our team is working on.
If the issue has always existed, and somehow people have lived it, do the they care about it?
When listing the biggest competition to your compa…https://t.co/2azoAm17T1
Figuring out what value to place on assumptions is one of the most difficult issues facing investors, founders, and product managers.
Bias is the leading cause, as it causes us to see things that may not necessarily be there.
It shows in the questions w…https://t.co/pBIZlYuNxR
A good investor recognizes an opportunity whenever it comes.
A bad investor misses it because they have a thesis on when is the right time for a founder to approach them.
Two things to remember:
1) There is never a wrong time to approach, as long as yo…https://t.co/cpjJtX10xP
A few years ago I would've said it's a coincidence.
Now it's a wave.
It's no longer coincidental.
Studios bring immediate value to the table.
The Founders feel supported and the runway becomes wider and longer to build a successful company.
#startu…https://t.co/YSNwqho6Sb
Garbage in = garbage out.
The belief that a faulty approach to customer discovery can still yield usable information is a big mistake.
Conversations and surveys that are trying to convert a prospect to a customer are doomed to fail.
True customer disco…https://t.co/qvVRMeDmUE
A consistently inconsistent process.
Customer discovery is still very much random and unpredictable despite all of the books and classes that are out there.
Human nature makes it so.
Our own biases guide and drive us down the wrong path.
The current…https://t.co/qUvBtAM1bC
Asking other people what they think of your idea is no different than asking my six year old.
You'll get the exact same value from the answer.
Ask people for things that can help prove or disprove that idea.
That's when the answer becomes valuable.
#e…https://t.co/26I9URCIGY
We should all be like Harrison Ford.
It's not a sprint.
Patience and determination get you to success.
For every tch billionaire in their 20s, there are thousands more who wiped out hard because they ran, thinking they had to be first.
#entrepreneur…https://t.co/gNQ3doE15q