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Don’t Launch Your Product | philosophically by Vibhu Norby
philosophically.com/dont-launch-your-product, posted 2013 by peter in business entrepreneurship inspiration management startup
Having been through multiple launches, seen companies launch at big conferences, and talked with many startups that have experienced the same effect, what I recommend – and what we’re doing at Origami - is not launching at all. Take the word launch out of your vocabulary – it’s a sign that you are gambling on your app and not building a long-term, sustainable company. Instead, put your sign-up page up or your app out because you need more feedback on your idea. Find an audience of passionate users, even if small, and reach out to their community through appropriate means. Try SEM and Facebook ads to find a target market. Experiment with business models and onboarding flows. Let the press come to you because they love what you’ve made.
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Fat startup: Learn the lessons of my failed Lean Startup — Word Sting
wordsting.com/copywriter-blog/fat-startup-learn-the-lessons-of-my-failed-lean-startup, posted 2013 by peter in business entrepreneurship startup
Based on painful personal experience, this article illustrates the limitations of the Lean Startup theory and how it distracts founders from the fundamentals of successful entrepreneurship – the unlean lessons. It also explains how to overcome the theory’s shortcomings. Read on and learn how to protect yourself from wasting time and money on building unprofitable products and uncompetitive companies.
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An acquisition is always a failure | PandoDaily
pandodaily.com/2013/04/02/an-acquisition-is-always-a-failure/, posted 2013 by peter in business entrepreneurship opinion startup
An acquisition, or an aqui-hire, is always a failure. Either the founders failed to achieve their goal, or – far likelier – they failed to dream big enough. The proper ambition for a tech entrepreneur should be to join the ranks of the great tech companies, or, at least, to create a profitable, independent company beloved by employees, customers, and shareholders.
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The Best Entrepreneurs Are Older, Have Less Ego
mashable.com/2013/02/11/entrepreneur-test/, posted 2013 by peter in business entrepreneurship msm science startup
There are plenty of myths floating around Silicon Valley, augmented by the legends of hot-headed young Turks such as Steve Jobs or Mark Zuckerberg, that you need to be in your 20s with a rigid mindset and a hefty ego. But they're the outliers, according to an extensive survey conducted by one startup incubator. [...] The results? As you can see in the infographic below, the young Turk thing is a myth. The best entrepreneurs are ones who work in their field first, gaining valuable real-world knowledge and experience for a decade or more. (We heard exactly the same thing from Google's startup acquisition guy).
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