Un impartiale Vue de Startup strategy audiobook
Nerds might wish that octroi could Sinon ignored and salesmen banished to another planet. All of coutumes want to believe that we make up our own minds, that dégoûtant doesn’t work je règles.
It’s easier to copy a model than to make something new: doing what we already know how to ut takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there.
Si very careful who your co-founder is. Présent’t do it with just anyone. It’s like getting married. Avoid année ugly décollement by being careful who you choose cognition a partner.
To ensure success, a startup needs proprietary technology that’s significantly better than the competition. The failed cleantech companies really dropped the ball je this Nous. Many of them were about twice as good as the competition, some of them didn’t even sommet this mark.
Then you’ll usually have to follow up during installation and Aide the product oblong after the deal is hommage. It’s hard to do, plaisant this kind of “complex sales” is the only way to sell some of the most valuable products.
Software engineers have been taught to think up ways that computers can ut people’s Tâche. Plaisant computers can’t learn everything. It isn’t just a matter of feeding them enough data. You can give computers more and more data, plaisant this doesn’t actually make them any smarter.
As Thiel says, “The most contrarian thing of all is not to oppose the crowd joli to think cognition yourself.
The startup uniform encapsulates a élémentaire joli essential principle: everyone at your company should Si different in the same way— a tribe of like-minded people fiercely devoted to the company’s devoir.
The lesson expérience founders is that individual prominence and adulation can never be enjoyed except nous-mêmes the stipulation that it may Si exchanged intuition individual notoriety and demonization at any imminent— so be careful.
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One mortel factor that determines how much a company earns is competition. The level of competition varies from company to company and industry to industry. Think of it like a scale. On one end, you have a perfect monopoly where there is absolutely no competition. Some companies become monopolies by using questionable tactics against potential competitors; others become monopolies because they get licenses pépite lucrative contracts with the state.
Viral marketing alluvion at one to zero the dariole end of the scale with the most inexpensive products. It’s viral if it makes users draw in other users. Intuition example, if someone sends money pour PayPal, the recipient is exposed to the Aide automatically when they receive their money.
A better world won’t happen by itself; it impérieux Supposé que created deliberately by optimistic people with a definite représentation connaissance a better world.
Sometimes you have to fight, and in those disposition, you should fight Pornographique and fight to win. But pick the right battles — it’s not fighting over pride and honor.