The Experimentation Layer
To address your leaps of faith, you’ll have to leap! That is to say, you must experiment. That may mean opening a smaller shop than you aspire to operate, just to see how customers respond. It may mean trying different prices for your newly developed gadget to see which price makes sales pop.
Randy Komisar • Getting to Plan B: Breaking Through to a Better Business Model
The need to do something unscalably laborious to get started is so nearly universal that it might be a good idea to stop thinking of startup ideas as scalars. Instead we should try thinking of them as pairs of what you're going to build, plus the unscalable thing(s) you're going to do initially to get the company going.
Paul Graham • Do Things that Don't Scale
Portnoy, for instance, has gone from Boston sports, to all sports, to sports betting, to pizza, to the stock market. His success has taken many forms over the last 17 years. What this means for myself and everyone else in the early innings of a newsletter project is that whatever we’re doing right now will eventually have to be reinvented on the fl... See more
Myles Udland • The passion of the posts
Big winners pay for so many experiments.