Short answer: No. You can stop reading this article now and get back to work building your business. Doing anything else (especially like stopping to create a business plan) is purely wasting your time. In all seriousness though, why is the question of a business plan still so prevalent amongst founders? Why is it that...
“Do things that don’t scale.” -Paul Graham Worse. Advice. Ever… Depending on the stage and size of your business, this mentality could spell disaster. The further along your business is, the less this applies to you. Yet, it’s something ALL entrepreneurs struggle with. We’re ADD. We focus on the things we like doing, or worse yet,...
“There’s nothing new under the sun.” We’ve all heard it… but what then is creativity, what is inspiration? Is it the artist or entrepreneur creating something completely unique, or combining previously separate things in new and innovative ways? Does it matter? Whoever said creativity was the key to success? The starving artist is a trope for...
Two things matter when building a business: 1) acquiring customers, and 2) retaining them (and/or your dominant position). Everything else is icing on the cake. Today we’re discussing both, and how to build your business from the beginning for a flywheel of success. In a word: Authenticity Authentic…? Seem counterintuitive? It is. The thing is,...
How to Build a Powerful, Profitable Platform from Scratch Bezos builds businesses like no one else — and arguably better than anyone. Each of Amazon’s 5 major divisions would be multi-multi billion-dollar businesses on its own. And each followed exactly the strategy. Let me explain.