October 31, 2024
10 Steps to Startuplandia Enlightenment
- A rough quality solution to an unmet 1st order problem will be celebrated, an amazing solutions to a lower order problem will likely be ignored
- The honey badger of product provides 80/20 support as PM & UX designer - the focus is on shipping a stable product.
- Services enabled by Software, not Software as a Service - people don’t want or need more software, people want/need services that solve problems.
- Founders succeed by staying in the game for enough product feedback cycles to correct their understanding of the problem while simultaneously selling a service/solution.
- Reduce your burn rate by not hiring full time employees (FTE) - trusted contractors who will work variable rate months 60-140 hours/month (engineers) and 20-80 hours/month (designers).
- Commercial Off The Shelf (COTS) Tech - use all tools as built w/o deep customization, force your product your expectations through this constraint and you’ll go far on small budgets.
- CTO’s primary focus is on making sure tech and product support sales and growth.
- Design and engineering team should have min 5 years early stage experience and worked at at least 2 “real” startups.
- CTO should have a long time horizon w respect to decision making, CTO must be capable of selling things.
- Prefer intuitive conversations to excessive scoping and ticketing - in the beginning creativity is driven by rough feelings about what might work - precise tickets will never capture this nuance, rely on great communication and constant feedback.