Hiten Shah Profile picture
Aug 18, 2019 7 tweets 2 min read Read on X
Startup life can be summed up in three steps:

1. Find problem
2. Fix problem
3. Go back to step 1

Works for every thing you need to do in a startup.

Growth is determined by a combination of how fast you can go through the steps successfully and how long you can keep at it.
Finding the right problem to solve starts with understanding your customers.

Nobody says I wish I talked to less customers.

There aren’t any hacks or shortcuts to this.

Go talk to your customers.
Fixing problems in a startup isn’t usually straightforward.

You don’t have time, money or people to throw at the problem.

You have to go deep, dig for the details and think very creatively about solutions.

Then experiment like there is no tomorrow.
You can’t grow a startup without a fundamental understanding of how to problem solve really fast.

This skill comes from practicing jumping into the unknown.

You don’t usually get time to prepare for what’s coming next.

You’ll have to learn how to figure it out along the way.
Startup people have to become comfortable with the discomfort of uncertainty and the unknown.

This is why I say, nobody knows what they are doing.

We’re all just jumping from problem to problem expecting to figure things out.

Hopefully our past helps us not crash and burn.
There is no startup training.

No school will make you great at starting up.

You will gain knowledge and you will feel smarter.

Until you get your hands dirty and realize the feeling of being humbled on a daily basis because of how little you really know.
Before you start your first company you don’t realize that the only way to truly learn is by doing the work.

You believe that listening, reading, watching and getting advice are invaluable.

At best, these things inform your direction and at worst distract you from doing work.

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More from @hnshah

Oct 20
Breaking Bad is a co-founder story disguised as a drug-dealing story.

It’s a hilariously accurate image of what co-founder challenges look like.

Here are the best example scenes and what you can learn from them.
This is a classic mistake: partnering based on complimentary skillsets alone.

A lot more is required for an effective co-founder relationship.

Above all, you have to know that you get along and work well together.
The idea will change, the skillset needs will change, but your co-founder will stay the same person.

Partnering with friends and doing work trials is so powerful. You’re ensuring you can actually work together in practice.

Here’s YC’s advice for running a work trial. Image
Read 8 tweets
Nov 19, 2022
Early stage VC backed SaaS companies have to get to larger and larger customers faster then ever before in order to grow into their recent valuations. This opens up opportunities for pre-seed and seed stage companies to double down on freemium while maintaining a low burn rate.
If you’re early with low burn, I would recommend figuring out if you have a viable freemium strategy. A free forever product that can have high retention is what you’re aiming for.
Better yet, if you’re self-funded then this is your time to shine. Do what well-funded competitors with large teams cannot easily do. What was a healthy burn rate a year ago is considered baggage now.
Read 5 tweets
Jan 2, 2022
Going to be an #xpunk for the rest of the day to support the movement. Image
"80% of professional baseball players by the age of 40 are either broke and/or divorced." @Brett_Phillips8 on the need to invest in your future as an athlete. #xPunks2022
Read 4 tweets
Oct 16, 2021
I commissioned 1:1 derivatives of several NFTs that I’m planning on holding. I wanted to support these artists and also own a collection frozen in time that represents these early days of jpeg ownership.
First up, my Lazy Lion profile pic was made into 3d by @Futuredesigns01
I really love the 3d style that @Futuredesigns01 creates for different collections. Here’s another one I commissioned of my favorite Cool Cat.
Read 4 tweets
Oct 12, 2021
Here's the headline...

"55% of Americans plan on finding a new job in the next 12 months" @bankrate

Or…

"4mm quit their jobs in April... In tech, resignations increased by 4.5%" @HarvardBiz

Now forget about the career angle and think about what this means...
From our own research, just under half (45%) of employees have taken documents with them after they've left the company.

Another 35% say they can still access Google Drive / Box / Dropbox after they leave.

Materials may range from mundane to highly sensitive...
"...Mid and large companies use SSO. Once people leave the company, wouldn't removing SSO access mean you're good?"

Nope.

Over half of the 300+ people we surveyed said they had added their personal email to work documents.

nira.com/employee-secur…
Read 5 tweets

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