30 Jun 2014

[ToRead] How much do Y Combinator founders earn? | 80,000 Hours

How much do Y Combinator founders earn?

Read more on this: How much do Y Combinator founders earn? | 80,000 Hours

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30 Jun 2014

[ToRead] When Will Your Startup Be Pronounced Dead? – BobbyVoicu.com ::

“Because then you will focus on the things that will move you ahead faster, because you just don’t have the time anymore and you need to choose what to do next in a much more efficient way, as compared to the resources at your disposal (money, people, whatever).”

Read more on this: When Will Your Startup Be Pronounced Dead? – BobbyVoicu.com ::

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29 Jun 2014

When Will Your Startup Be Pronounced Dead?

startup-pronounced-dead

We started MavenHut in February 2012. Right from the beginning we decided to not bootstrap the company, but raise investment and grow as fast as possible.

This also meant one more thing: if we didn’t raise money by December 31st, 2012, we would close the company. What this did was to focus our efforts and energy into the most important things for the company: generate users, generate engagement, focus on delivering on our promises to the would-be investors. And it worked: SOSventures invested in us in November 2012.

The thing is, though, that I see a lot of people not setting up a “company deadline”: if we don’t reach “this” by the “then”, we will close the company.

Why you should do this?

Because then you will focus on the things that will move you ahead faster, because you just don’t have the time anymore and you need to choose what to do next in a much more efficient way, especially in relationship to the resources at your disposal (money, people, whatever).

Last time I’ve seen this, somebody has been dragging away the company’s product, putting in new and new features, without actually adding the most important one: allowing potential customers to pay for the product. And the founders were complaining of not generating revenues… It might seem obvious, but this is a mistake I see often: “we will implement monetization/whatever, but before that I will add a more pinkish color to the sidebar/a new logo/redesign the product”.

So, what is your startup’s deadline?

Photo: Grim Reaper on the Road, from ShutterStock

18 Jun 2014

[ToRead] Spotify’s Design Lead on Why Side Projects Should be Stupid

“Side projects are great because you don’t need to know anything. You get to be a beginner because no one is watching you and there are no expectations,” he says. “If you don’t have an idea, don’t stress about it, just go do something else. It’s this attitude that it doesn’t matter that allows us to be inspired and to work on only the things we truly want to work on.”

Read more on this: Spotify’s Design Lead on Why Side Projects Should be Stupid

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18 Jun 2014

[ToRead] – Thisisgoingtobebig.com – How early should you connect to a VC? Here’s some data.

One of the most asked questions about VC funding: How early should you connect to a VC? Here’s some data.

Read more on this: - Thisisgoingtobebig.com – How early should you connect to a VC? Here’s some data.

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23 May 2014

[ToRead] The Right Way to Copy – David Smith

“Good copying learns from another’s innovation and then applies it in a novel way to a new context in a way that doesn’t diminish the source invention.”

Read more on this: The Right Way to Copy – David Smith

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14 Apr 2014

[ToRead] The Problem With Profitless Start-ups

“When that happens, what’s left? A hole in the local economy where the local sandwich shop used to be, and nothing to fill the void. ”

An interesting point of view regarding the startups supported by VC money.

Read more on this: The Problem With Profitless Start-ups

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20 Mar 2014

[ToRead] 50 Articles and Books that will Make you a Great Product Manager

50 Articles and Books that will Make you a Great Product Manager — Medium

Read more on this: 50 Articles and Books that will Make you a Great Product Manager

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16 Feb 2014

[ToRead] The Psychological Price of Entrepreneurship

The Psychological Price of Entrepreneurship: it’s not easy. It never is :)

Read more on this: The Psychological Price of Entrepreneurship

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13 Feb 2014

[ToRead] How I learned to stop giving advice

Just share your experiences, do not try advising. It gets better results.

Read more on this: How I learned to stop giving advice

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