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8/ Danger lies in moving into growth mode before a company fully understands the dynamics within these key elements and opportunity lies in founders who care about these additional components of a minimum viable company
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7/ Ecosystem: Startups deliver their products into an ecosystem which includes customers, competitors, integrators, suppliers, distributors and others. Startups must understand how their ecosystem will react to their entry, their niche and the vision for scaling beyond
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6/ Business Model: Customers love bargains so if your customers are only enthusiastic about your products’ price and not its inherent value, you have to wonder if you actually have product market fit. Only exception is black swan consumer apps.
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5/ Product Value: I often hear founders describe their product as sets of features or technological breakthroughs. Features, however, aren’t the product — they’re merely enablers of value propositions: promises of how the product will drastically improve a customer’s life.
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4/ There are 3 key elements to building what we call a Minimum Viable Company: - Product Value - Business Model - Ecosystem
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3/ They start to believe that if they can create growth, that is product market fit. They spend on growth to buy it. I call this fake growth. Instead you need to nail it before you scale it. But what do you nail? It’s not just building products customers want.
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2/ Many founders I meet have a pretty narrow view of product market fit. They’re purely focused on building something someone wants. This ends up looking like a bag of features launched at a set of users repeatedly in the hopes that something sticks
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1/ Ever seen a company where customers loved the product but the company STILL failed? Over 10 years I’ve seen this way too many times. It’s caused me to question whether the importance product market fit is a myth. Check this out
https://techcrunch.com/2020/01/31/you-need-a-minimum-viable-company-not-a-minimum-viable-product-2/ …Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
I get asked a lot about why I spend time teaching. Here's a little post about why: Educating future leaders through intentional community buildinghttps://link.medium.com/6ubduAIjE3
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Ann Miura-Ko proslijedio/la je Tweet
"Amidst the absolute chaos that 2008 was for me, one of my biggest joys were the students I met in Mayfield (MFP) and the opportunity to teach alongside
@tommybyers and@tseelig. I was hooked." Apply to MFP by Jan 31
http://mfp.stanford.edu
@annimaniachttps://medium.com/@amk/educating-future-leaders-through-intentional-community-building-ae2113e61c93 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Wouldn’t it be nice if we adopted a generationally neutral philosophy when it comes to national budget spend? Instead we love to spend our future generations’ dollars on our shopping spree with no end in sighthttps://twitter.com/m2jr/status/1218289478227365889 …
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Ann Miura-Ko proslijedio/la je Tweet
My English courses (and I took a lot) taught me to write, and proved far more valuable to me in my career than my STEM courses — and that’s in a career in tech business.https://www.washingtonpost.com/local/education/liberal-arts-education-waste-of-money-or-practical-investment-studys-conclusions-might-surprise-you/2020/01/13/5a197b14-3649-11ea-bb7b-265f4554af6d_story.html …
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Ann Miura-Ko proslijedio/la je Tweet
Seems like with the
#facebook news this morning that you might like to know that I'm doing a webinar at 12pm PT for moving your Facebook Group. DM if you'd like to join and I give you a link.
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Keep an eye on
@anneleeskates - she has a tremendous career ahead of her!https://twitter.com/anneleeskates/status/1214595036102266880 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Thanks
@doordash for the refund!Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Ordered Vesta pizza on
@doordash and this is how it showed up
pic.twitter.com/geLZ9TmYpc
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Halfway through. Highly recommended if you’re looking for a fiction book to finish out the year. Think I may try to fit in a history book before 2020. Any recommendations?pic.twitter.com/fZK2Jf97tu
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Ann Miura-Ko proslijedio/la je Tweet
Stream the
#StanfordETL podcast where@annimaniac asks Barbara Liskov, the first American woman to earn a PhD in#computerscience, about her hopes and concerns for the future of computing.
https://stanford.io/35ZVEjB @MIT_CSAILpic.twitter.com/AvJIqIuQTz
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I was gone for 24 hrs but he definitely missed me more than my kids missed mepic.twitter.com/65rZa9OdYI
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Ann Miura-Ko proslijedio/la je Tweet
A data leak powers a great piece by
@stuartathompson and@cwarzel on the personal location data free-for-all. Another reason for brokers to be information fiduciaries. Meanwhile, self-styled privacy champion Apple could tweak iOS to default to city-level location sharing only.https://twitter.com/blakehounshell/status/1207610605110255616 …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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