Every single company, no matter what size, has document access-risks that they don't know about. Why?
Because it’s so easy for any employee or vendor to share company information.
Let me explain…
Over half (52%) of the people we’ve surveyed have added their own or a coworker’s personal email to company documents.
This problem is so widespread that the average 1,000+ employee company has tens of thousands of personal email accounts that have access to company documents.
51% of people said that they have accidentally created work documents using their personal email account.
That means no two-factor authentication (2FA) protection, and no control of those documents, either. They could get leaked or deleted at any time.
Tunes is a project that @suhail is involved in. There were daily drops of the NFT instead of a single minting date. It’s a really neat experiment related to music. More info: tunesproject.org
Building a business is not the same as founding a startup. Most startups don’t get to the phase of building the business. Because they don’t create a product worth building a business around. This is why finding product/market fit is the #1 goal for every new startup.
This idea that a startup is not a business might sound obvious, but it’s not when you’ve got infinite choices about what to focus on and are just starting out. If you chase product/market fit, you’ll find a business eventually in time. If you don’t, luck is all you’ve got.
Startups turn into a business when you have a repeatable model for increasing revenue. This should come after product/market fit. When it doesn’t you end up with a startup that has high churn and low retention. Startups are tough because you don’t start on day 1 with a business.
I have known about and utilized enneagram in my life for a dozen+ years. Recently, startups have been incorporating it into their organizations. What pleasantly surprised is when a few partners at venture capital firms told me that they are using it internally too.
Last week, for my startup, we announced our pivot from a document search tool called FYI to a security product called Nira (@niradotcom).
Here are answers to the most common questions people have asked me about pivoting a startup.
What made it necessary to pivot?
People assume companies pivot out of necessity because something isn’t working. When you pivot, you’re making a critical change to your business rooted in customer learnings.
With FYI, it wasn’t exactly necessary for us to pivot.
The pivot was a choice between the opportunity we had been pursuing and a new opportunity we had discovered. Every IT team we talked to wanted us to solve their document access control problems. We discovered that these problems were not only painful but also potentially costly.