A simple heuristic that will save inexperienced startup founders from several different types of mistakes: be really cheap. This will save you from hiring too many people, from renting a fancy office, and from growing by buying users instead of making great things.
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^exactly
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I don't think Paul is saying hire nobody. Just do it as smartly/efficiently as possible. Be cheap is just another way of saying don't waste money. Spend the money like it's your own. Don't spend it just because you have it.
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Agreed.
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I second this. Learning to code is the best thing you can do. A small snipet of code as a complete product is exponentially scalable vs a large product that needs human resource. Apart from able to build it yourself, you learn the trick on how to talk to a developer. 1/2
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And even developers love to work with founders/ lead who has a grasp on technical aspects. It’s always a win-win on the long run ...
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this only works for very simple, food truck-online kinds of businesses, but I doubt they could even be called startups (I recall someone having written a blog about this). A powerful, complicated multi-side (b2b & b2c) product can’t be made by learning programming by yourself.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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also, learn to program is not equal to learn to code these days. build a nice product with no code tools, have a moving and honest social mission, tell a great story. bum.
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Careful. This is one way we exclude ppl w under-represented backgrounds in tech & VC. To forgo income while learning to code + building a company can be impossible. And non-tech founders who bring industry/business skills should hone those strengths & build complementary team.
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Indeed, but it’s always good to learn code. I’d focus on my skills from B to B+ or A than otherwise. Building business is hard. Coding + Building business are super hard. Not going that way. But will build mvp with no code to start with :)
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