If only someone told me this before my first startup

https://johnrushx.substack.com/p/if-only-someone-told-me-this-before

by mixmastamyk • 1 year ago

35 10 1 year ago

johnrushx.substack.com

I have seen the exact opposite also succeed.

Truth is, the only metric for success is how much do you care about something. I'm convinced that the wildest, most broken ideas and processes can also be successful because the founder cared enough.

memhole• 1 year ago

Any examples you mind sharing? I’m largely convinced it’s due to the founder’s networks and access to capital when you see broken ideas succeed.

diebillionaires• 1 year ago

This is extremely annoying advice that is maybe 3 out 10 valid.

ramon156• 1 year ago

And this is an annoying response that doesn't elaborate

pickledoyster• 1 year ago

kudos for the format and not wasting the reader's time

bob1029• 1 year ago

B2B only seems like the best bit of advice.

Selling to consumers is a monster problem just on the billing side. If you sell only to a few businesses you can easily negotiate something like a wire transfer for payments.

Sales lifecycle can be much easier too. B2B you might only need 3-4 word of mouth leads per year to keep the wheels on the bus. For most B2C you need a google ad product and rules of large numbers in your life.

The only B2C market I would consider attacking is gaming via Valve's platform. It's the closest to a hybrid that I can come up with given how tightly they work with you as a developer.

Rastonbury• 1 year ago

Investing all money in your friends has n=1 and strong hindsight bias, that was a weird one also unrelated to author unless all his friends worked with him at the startups he did?

aurelien• 1 year ago

What is PMF??

egberts1• 1 year ago

ChatGPT:

PMF stands for Product-Market Fit. It refers to the stage when a startup has developed a product that meets a strong market demand, meaning customers are willing to pay for it, and adoption is growing organically.

Achieving PMF is a critical milestone, as it signals that a company has found a scalable business model. It often results in rapid user growth, increased customer retention, and reduced reliance on aggressive marketing. Startups that fail to achieve PMF usually struggle to sustain themselves, regardless of funding.

Marc Andreessen, who popularized the term, described PMF as the moment when “the market pulls the product out of the startup.”

LinuxAmbulance• 1 year ago

Solid advice all around.

If only someone told me this before my first startup

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