If I want to start a business in a recession, how should I do it?
New video (with @noahkagan and @AswathDamodaran)pic.twitter.com/iB7CEoUPcC
He was presenting it like this: “First, determine the unique product you’re going to bring to the table.” But, my whole point is that it needs to be: “First, look at what the market is hungry for, and bring that to the table.”
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This is why I'm not a fan of the pm-fit model. Too often, it puts the cart before the horse. You could be the best at making foie gras, but that won't matter if the market only wants
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Sure, you can bring foie gras to the table, but that doesn't mean folks will eat it. -
1/2 I think you’ll have a hard time finding anyone in this industry worth their salt that wld disagrees w this thesis. (Only Andy Rachleff comes to mind.) But I think that you accidentally misrepresented Damodaran, unless I got it wrong, and PMF (if we go by Andreessen’s def).
- Pokaż odpowiedzi
Nowa rozmowa -
Wydaje się, że ładowanie zajmuje dużo czasu.
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