Yes, you MUST listen to your customer. Listen closely and try to understand what motivates them to say what they say and do what they do. You must listen and interrupt what you hear and put that into action. Build new stuff and see if that changes what they say. The process of Build, Measure, […]
500 years ago, the printing press changed the trajectory of knowledge and information sharing. We have all heard that this has happened with the Internet, but its not just the digesting of information that is going to really change humanity. It is the ability to use the medium. And to use the medium, you need […]
There is no question, money motivates people. But the value of money diminishes over time. To keep a person motivated, there needs to be more, a lot more than money. Startups hang options out as a motivational factor. But that’s even less valuable than money. Options are worthless until the option holder can realize a […]
Check out this growth curve – Source: Google Trends This is the growth in search queries for Indie game Minecraft since it was founded in 2009 by Sweedish Entrepreneur named Markus Persson. It has grown pretty much by word of mouth, and only word of mouth. If you want to know what it takes to […]
The best part here in my opinion is “there is no done” … andyswan: The “launch party” for Disney Brothers Studio. They were nervous. It’s no secret that we were sticking just about every nickel we had on the chance that people would really be interested in something totally new and unique in the field […]
Great Ted Talk about End of Life (Source: http://embed.ted.com/)
Execution. It is the key to success, but what you execute on is the key predictor of success, and Yahoo is on a tear. There are important lessons for everyone from a small company to a big one to understand about this. First, the board acknowledged their past mistakes, bit the bullet, and hired a […]
Start with an idea. Build a way to test it. Find the key elements of truth. Optimize around them. Rinse and Repeat. Pull your head up once in a while to make sure you are going in the right direction. Scale. Rinse and Repeat. Crush It!
newyorker: Cartoon by Mike Twohy. For more: http://nyr.kr/12A9KVo
Approach Problems like Einstein Money quote, “95% defining the problem, 5% solving it.” This is the definition of the proper allocation of resources.