The Hardest Lessons for Startups to Learn

May 11, 2006 by Dane | 1 Comment
In Entrepreneurial Lifestyle, Planning

Paul Graham:

The startups we’ve funded so far are pretty quick, but they seem quicker to learn some lessons than others. I think it’s because some things about startups are kind of counterintuitive.

We’ve now invested in enough companies that I’ve learned a trick for determining which points are the counterintuitive ones: they’re the ones I have to keep repeating.

  1. Release Early.
  2. Keep Pumping Out Features.
  3. Make Users Happy.
  4. Fear the Right Things.
  5. Commitment Is a Self-Fulfilling Prophecy.
  6. There Is Always Room.
  7. Don’t Get Your Hopes Up.

via Ken Dyck.

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