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What you need to do to have a successful project? ๐๐ค
Launching:
- Start now; don't wait for the perfect moment.
- Build something people truly want; focus on solving a real problem.
Execution:
- Embrace tasks that don't scale initially.
- Seek the 90/10 solution; prioritize what brings the most impact.
- Engage with 10-100 customers who genuinely love your product.
- Write code and continuously talk to users for feedback.
Mindset:
- Remember, it's not just about your money; focus on value creation.
- Understand that growth follows a great product, not the other way around.
- Resist scaling your team/product prematurely; build a solid foundation first.
Perspective:
- Valuation doesn't guarantee success; focus on delivering value.
- Avoid lengthy negotiations with big customers; time is precious.
- Steer clear of corporate development queries from big companies.
Approach:
- Be selective with conferences; prioritize customer acquisition channels.
- In the pre-product market fit stage, do things that don't scale; stay nimble.
- Concentrate on solving one problem exceptionally well at a time.
Relationships:
- Founder relationships matter more than commonly perceived.
- Consider parting ways with customers if they are hindering progress.
Competition:
- Ignore competitors; focus on your path. Self-destruction is a greater risk than external competition.
Sustainability:
- Most companies don't fail due to running out of money; it's often deeper-rooted.
- Be nice or, at the very least, avoid being a idiot.
Well-being:
- Prioritize sleep and exercise; take care of your mental and physical health.
Remember, success is a journey, and these principles can guide you through the challenges of building a successful project or startup.
