Fast · Patrick Collison
patrickcollison.comSaved by sari and
Fast · Patrick Collison
Saved by sari and
There are three characteristics that together make a startup business model truly scalable: You have to be able to start small. Unless you happen to be the long-lost daughter of Emperor Palpatine, the odds are that you do not have enough capital to build your first Death Star, nor will you be able to raise the funds to do so.† The ideal startup is
... See moreIn practice, however, faster work produces more confusion, errors, substandard quality, and overtime pay, driving up costs. An extremely long work period also increases total costs, particularly indirect costs. Optimal project duration minimizes the combination of indirect and direct costs.