Building Startups When You’ve Got Little Time and No Money

TMBA276: Building Startups When You’ve Got Little Time and No Money
Date: 2015-01-08
Link: Tropical Talk Radio
 
Tropical MBAJust because something is a good idea doesn’t mean it is a good idea for you.
A software startup is a really hard thing to bootstrap.
Know when to quit.
How it looks to the customer is the only thing that matters.
If your business is not appealing to investors it is probably a pretty good sign it is not a decent, scalable business.
Have unique IP or something that is really hard for competitors to copy.
Retention is definitely a challenge with a services business.
Brands should be conversational.
Just because you’re successful doesn’t mean you’re smart.