Learn more about entrepreneurship with this collection
How to secure funding
How to market and sell your product or service
How to scale and grow your business
To 10x your chances at startup success: Fix a problem that you yourself have.
This is crucial because:
Building a company for a problem you have is better than building a company for financial reasons.
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When building a company, launch earlier rather than later.
By launching early, you’ll get feedback from customers sooner and will be able to make adjustments to improve the product.
Refine and refine your solution to better solve the problem your customers face
145
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When looking for your first hires, you need to find people who are as passionate about solving that problem as you are
If you’re trying to build a startup in the software space but don’t have any coding experience, find a cofounder that does
Not every company has to be a venture-backed startup. You can build a successful small company that’s an awesome cashflow machine.
142
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At a certain point, your company will be too big for you to do everything. That’s where delegation comes in.
If you’re too much of a control freak, you won’t let others blossom and you’ll limit the growth of your company.
When you delegate, you won’t get 100% of the results you want, but you will get 90% of the results with only 5% of the work which is an excellent tradeoff.
150
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Why did James move from San Francisco to Los Angeles?
136
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Founder quotes and tricks for building a great product.
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