Remove Bootstrapping Remove Business Model Remove Hiring Remove Sales Cycle
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) People talk about funding funding funding, bootstrapping, etc., Fantastic post.

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Spolsky on Software on Both Sides of The Table

Both Sides of the Table

It helps with sales cycles because customers know that they can switch away if they so choose. It took Joel awhile to realize that “If you’re hiring very bright people, let them do their damn job&#. The original business model for StackOverflow was to help employers find good programmers. 15 minutes.