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Remarks to Software Forum Dinner Meeting (1997)

klhess.com

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Re: Remarks to Software Forum Dinner Meeting (1997)

#4
> Being the world expert is vitally important to meeting the new product criteria I’ll discuss in a moment. If you aren’t the world expert, you’re just kidding yourself about your chances for success.

This is interesting. Makes sense. But it's absolutely not part of the modern theory of startups, is it?

Re: Remarks to Software Forum Dinner Meeting (1997)

#5
post #4

> Being the world expert is vitally important to meeting the new product criteria I’ll discuss in a moment. If you aren’t the world expert, you’re just kidding yourself about your chances for success. This is interesting. Makes sense. But it's absolutely not part of the modern theory of startups, is it?

If you don't have either investors (he's talking about bootstrapping) or world-class expertise, it's going to be pretty hard to launch a successful startup. You may be thinking of venture-funded startups, but he's not.

Re: Remarks to Software Forum Dinner Meeting (1997)

#6
I heard Ken Hess give this talk at the Software Development Forum back in 1997. He offered some practical insights and inspiring advice for bootstrappers. This was a great talk. Key takeaways:

+ Domain / industry expertise is a key differentiator.

+ Solve a single known problem when launching: be 10X better than current alternatives.

+ Stay focused: continue to ask, "is the task I am working on essential?"