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I wanted to break down this experimental startup building mindset for people that like to go head first.
It& #39;s easy to keep going in the same direction before you deep it& #39;s not working. We& #39;ve all been there.
By that time you& #39;ve taken your foot off the gas and lost your pace
By that time you& #39;ve taken your foot off the gas and lost your pace
Try to structure your work into "bets"
1. Clearly define a scenario for winning/losing (e.g. Get 3 new paid customers)
2. Time-box it (e.g. 2 weeks, ending on Sunday)
3. Next steps decided upfront (Success: double-down Failure: Revise the copy)
2. Time-box it (e.g. 2 weeks, ending on Sunday)
3. Next steps decided upfront (Success: double-down Failure: Revise the copy)
Doing it like this forces you to define what you& #39;re trying to do, learn, what you expect to happen in a given timeframe and what you& #39;ll do whether it succeeds or not
Start with the biggest challenge or the riskiest part of your business model.
Something that once you unlock, will make everything a little easier
Something that once you unlock, will make everything a little easier
@danielzarick said it best:
Confidence is great, but overconfidence can be self-defeating. For example, don’t say “We want 100 paying users next week” if you currently have zero. Aim for 3-5 in 2 weeks.
Confidence is great, but overconfidence can be self-defeating. For example, don’t say “We want 100 paying users next week” if you currently have zero. Aim for 3-5 in 2 weeks.
You can increase the likelihood of success if the first one doesn& #39;t go as well as you would have liked, but you need to keep score
