If you started a company two years ago, many assumptions are no longer true
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Re: If you started a company two years ago, many assumptions are no longer true
#2The big pinch of salt I throw in with advice like this though is that startup failure rate hasn't dramatically shifted despite two decades of lean startup methodology, accelerators, and an entire cottage industry of startup advice. It's never the fault of the framework, mind you.
Re: If you started a company two years ago, many assumptions are no longer true
#3You’ve always needed to constantly learn and innovate to launch a successful business.
Re: If you started a company two years ago, many assumptions are no longer true
#490% of blog articles created in the last two years are probably dead on arrival
Re: If you started a company two years ago, many assumptions are no longer true
#5In that case, yes their startup is most certainly DOA.
Re: If you started a company two years ago, many assumptions are no longer true
#6Well of course it is, most startups are dead on arrival. The big pinch of salt I throw in with advice like this though is that startup failure rate hasn't dramatically shifted despite two decades of lean startup methodology, accelerators, and an entire cottage industry of startup advice. It's never the fault of the framework, mind you.
edit: Tobi from Shopify has an insight that relates. His north star metric is user churn. sounds crazy on its face. he's known for that. But increasing churn means you've increased top line exposure to more would-be entrepreneurs. Not all of them will succeed, but shopifys mission is to create more entrepreneurs. Grow the pie. A focus on increasing conversion tends to have a narrowing effect.
Re: If you started a company two years ago, many assumptions are no longer true
#7Re: If you started a company two years ago, many assumptions are no longer true
#8Now with AI, it is likely going to be 98%.
Re: If you started a company two years ago, many assumptions are no longer true
#9> the bottleneck is no longer engineering, it’s ____ 90% of blog articles created in the last two years are probably dead on arrival
There's live-coding, so it's not totally a crazy idea.
Re: If you started a company two years ago, many assumptions are no longer true
#10If your business is selling services at 40% margin that are entirely digitally based, then maybe you’ll need to cut some margin, sure.