The Start-Up J Curve: The Six Steps to Entrepreneurial Success
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a start-up unfolds in a predictable pattern; the more aware you are of this pattern, the better able you will be to capitalize on it.
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The failures have been a critical part of my education, and history has taught me that the price of education goes up substantially after college.
6%
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the entire journey is a process. The product and associated business model is really simply a hypothesis (not a hard-and-fast product launch), and the results are not pass/fail or black and white, but instead produce feedback, providing essential information that increases the odds of success.
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Iterations count more than the original idea, feedback counts more than the sales numbers, and flexibility and agility are more important than commitment to the original idea.
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products succeed because they solve real problems or provide real new opportunities.
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underestimating the amount of funds needed is a common failing.