Startup hacks
Idea , Product , Team and execution (problem>money)(Long term thinking continous evolution)(biz difficult to replicate)(mission focused)(derivative ideas nope)(10yr milestones)(small fast market)(why now)(clear and different)(trends in demand and supply their needs)(small ppl like product)(simple mvp first)(vision always)(extremely dedicated lean team)(best person take home task or small task similar to job)(mediocre engineer job wise and attitude wise kill company) Personal network , 10% equity to first few employees ,(Autonomy,mastery and purpose) , fire fast , Vesting on equity , remote teams nope until large CEO : Set vision , Raise money , manage , hire and make sure everybody executes Get new things done fast whatever it takes Maintain momentum and growth , operating rhtyhm Be skeptical about talent ppl , be expert user , Growth hacks = user patterns /sentiment towards a product , Startups are consuming , 20's are best phase to experiment Bubble = stupid VC investments Try to establish a monopoly , competition is for losers Launch MVP on tech crunch and get feedbacks Create catchy one-liner Collect reviews and do sentiment analysis on rating Monetization plan Plan for viral growth Switchover cost understand customer retention Constant check for product market fit Understand magic moment or right time for your product Make it global. good plan today > perfect plan tommorow Legal and accounting basics learn User interview Diverse biz for non-tech user products utility
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