Become Like a Billionaire
December 10, 2020 § Leave a comment
- Obsess over a Wildly Important Problem that has not been properly characterized
- Identify a novel point of technological leverage for solving that problem
- Discover a market hurting enough to pay for even a crappy solution to that problem
- Iterate and improve on all the above until you die, fully solve the problem, or hand it over to someone who can do better.
Three Steps to Startup Success (in 15 syllables)
August 17, 2018 § Leave a comment
What is a Technical Co-Founder?
April 8, 2017 § Leave a comment
Most successful startups require both a technical “hacker” and a relational “hustler” to bring them to life. One common pattern is that a “hustler” has access to ideas and potential funding and looks for a “technical co-founder” to join him or her, through a process often compared to finding a spouse.
TBC 4: The Process for Products
February 20, 2015 § 3 Comments
In this series I have been building a case that Transforming the Bay with Christ (TBC) should consider reframing itself as a startup building a platform for governance. In this, our final installment, I will discuss the process necessary to build such a product.
One of the key insights about entrepreneurship in the last decade is that a startup is not just a small version of a established business. Rather, a startup is an organization formed to search for a business model, rather than execute one.
In particular, this implies that startups should be designed to maximize learning by exploiting surprises. This is the exact opposite of a traditional business, which attempts to increase predictability by avoiding surprises.
To get the optimal structure, we need to be clear on:
- Which things we need to learn (the problem)
- How we are going to learn them (the process)
- Who will own the learning (the people)
- What will prove we have learned the right lessons (the product)
