When I was deep in Silicon Valley building a startup I was doing the NFX startup program and received this “teaching”
Speed is the ultimate competitive advantage.
-rapid product beats competition
-rapid results builds team morale which leads to more success
-rapid results generate more interest
-rapid results increases valuation
Startups win when they don’t get lost in politics, focus groups, usability studies, QA, endless debates, boards of directors, business development deals, budgeting processes, marketing plans, [add your own reason here].
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