Oxford Inspires - 50 folds - Dumb ways to die
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Transcript of Oxford Inspires - 50 folds - Dumb ways to die
“I’ve survived being stabbed in the back by cofounders, investment rounds falling
through, massive technology fuckups that brought sales to a halt, visa problems,
lack of money, lack of traction, lack of a team, hiring the wrong people, firing
people I didn’t want to fire, lack of product-market fit, and everything else in
between.”
“Solo founders take 3.6x longer to reach scale stage compared to
a founding team of 2”
Solo Founders Suck
Timing is Everything
“You could do everything perfectly. You could have a few paying customers to
validate your work. But if the market is not
ready it doesn’t matter.
PoliMobile was ahead of the curve. ”
Rachleff's Law of Startup Success: Size Matters
• When a great team meets a lousy market, market wins.
• When a lousy team meets a great market, market wins.
• When a great team meets a great market, something special happens.
Don’t do Dumb S$!&
“For starters, Boo.com’s failure is not an example of why B2C E-commerce will fail,
it’s an example of why Boo failed itself”
You are NOT Steve Jobs, Don’t Ignore Customers
“Truth be told, we were probably afraid of customers at this point because we didn’t want to disappoint them or look bad. Oh, we’d build something they’d love. We just wouldn’t show it to them until it was done.
Ugh. Just so stupid.”