I get a lot of criticism for telling founders to focus first on making something great, instead of worrying about how to make money. And yet that is exactly what Google did. And Apple, for that matter. You'd think examples like that would be enough to convince people.
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What I tell founders is not to sweat the business model too much at first. The most important task at first is to build something people want. If you don't do that, it won't matter how clever your business model is.
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If you really understand something, you can say it in the fewest words, instead of thrashing about.
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Dressing up is inevitably a substitute for good ideas. It is no coincidence that technically inept business types are known as 'suits'.
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In the startup world, 'not working' is normal.
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Empirically the way you get a product visionary as CEO is for him to found the company and not get fired.
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Like having a child, running a startup is the sort of experience that's hard to imagine unless you've done it yourself.
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There are plenty of smart people who get nowhere.
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If you could replace high-school yearbooks, that could be a lot of money. It's so clearly waiting for someone to come along.