35. Entrepreneurs
break the rules
Travis Kalanick and Uber got sued
non stop but kept going
Uber and Airbnb were illegal from
day one in many places but
kept operating
42. “We’re going in
full throttle. That
ought to keep
those fighters off
our back.”
- Luke Skywalker
43. Speed is the #1 competitive weapon
Rapid product beats competition
Rapid results builds team morale which leads to more success
Rapid results generate more interest
Rapid results increases valuation
(NFX Guild)
45. Set the time, not the output
What product can I build in:
3 months? (Directhit, Xfire)
8 days? (Hot or Not)
30 days? (Jiff)
1 month? (Meerkat)
(NFX Guild)
50. How startups win
No QA
No Usability Studies
No Focus Groups
No Politics
No Endless Debates
No Board of Directors
No Bus Dev Deals
No PR
No Marketing Spend
No Budgeting Process
(NFX Guild)
62. See you in
Paris
April 11-12
paris.leade.rs
Loic Le Meur
More on my newsletter at
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loic@leade.rs
Editor's Notes
I’m always paranoid (only the paranoid survives) and I’m always scared. Raise of meditation and mindfulness among the startups https://en.wikipedia.org/wiki/Shoshin
Your mission is to always be learning - James Currier NFX
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
Uber was focusing on high-end limousine rides while Lyft was mainstream
Startup entrepreneurs work with Outside business angels and investors Which provide much more than $
Ideas Connections Force accountabilty
I raised from 50+ business angels for my own startup Leade.rs
The faster you launch the faster you know if customers will like the product
The lean startup model: no waste
iterate sometimes on a daily basis based on feedback and data
the service rating your company by your employees https://www.glassdoor.com/facebook
CEO sharing directly
CEO interacting directly
Ev Williams and Jack Dorsey were doing a podcasting service
They did not believe in Twitter for months
Stewart Butterfield designed a game before slack
Travis Kalanick and Garrett Camp decided to make Uber as they could not find a cab in Paris