Y Combinator is the most successful startup accelerator in the world.
They've helped fund companies like Airbnb, Stripe and Coinbase.
Here are the 3 best startup lessons worth your time:
They've helped fund companies like Airbnb, Stripe and Coinbase.
Here are the 3 best startup lessons worth your time:
1. Make something that people want
How to make something people want?
Make something you want.
β’ Launch something
β’ Talk to your users to see if it serves their needs
β’ Take their feedback and iterate
For great companies this cycle never ends.
How to make something people want?
Make something you want.
β’ Launch something
β’ Talk to your users to see if it serves their needs
β’ Take their feedback and iterate
For great companies this cycle never ends.
2. Do things that donβt scale
Almost always you have a big competitor.
You need to fight asymmetrically.
If you try to fight a bigger army head on, they'll kill you.
You canβt copy the big player to beat them.
Do something different β do things they can't do.
Almost always you have a big competitor.
You need to fight asymmetrically.
If you try to fight a bigger army head on, they'll kill you.
You canβt copy the big player to beat them.
Do something different β do things they can't do.
3. Talk to your users
All founders and core members should be involved in the process of talking to users.
β’ Extract information to improve your product, not pitch it
β’ Learn specific problems they are facing
β’ Avoid discussing hypotheticals or making assumptions
All founders and core members should be involved in the process of talking to users.
β’ Extract information to improve your product, not pitch it
β’ Learn specific problems they are facing
β’ Avoid discussing hypotheticals or making assumptions
Key take-aways of Y Combinator's startup lessons:
1. Make something that people want
2. Do things that donβt scale
3. Talk to your users
Follow these principles to build your startup today.
1. Make something that people want
2. Do things that donβt scale
3. Talk to your users
Follow these principles to build your startup today.
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