The role of a #founder & #CEO needs to evolve over time and be aligned with #startup’s stage of maturity.
4 questions for 4 stages to help you focus:
How? —> #Idea stage
What? —> #Product market fit stage
Who? —> #Scale stage
Why? —> Big company stage
Thread 👇
#startups
4 questions for 4 stages to help you focus:
How? —> #Idea stage
What? —> #Product market fit stage
Who? —> #Scale stage
Why? —> Big company stage
Thread 👇
#startups
1. #Idea stage. How?
“How will we make this idea a reality?”
This includes nailing down the pain in the market and articulating how you’re planning to cure that.
“How will we make this idea a reality?”
This includes nailing down the pain in the market and articulating how you’re planning to cure that.
2. #Product-Market fit stage. What?
“What is the #market telling us?”
This includes looking at product-market fit indicators and iterating your #solution. If you’ve nailed the pain and know what are leading indicators of #PMF - this stage is actually easier than perceived.
“What is the #market telling us?”
This includes looking at product-market fit indicators and iterating your #solution. If you’ve nailed the pain and know what are leading indicators of #PMF - this stage is actually easier than perceived.
3. #Scale stage. Who?
“Who are the people who are going to execute on this thing, as it’s obviously working?”
This includes sharing all the #knowledge you’ve acquired (hopefully documented and structured) to talented #people to help you exploit the gold mine you’ve discovered.
“Who are the people who are going to execute on this thing, as it’s obviously working?”
This includes sharing all the #knowledge you’ve acquired (hopefully documented and structured) to talented #people to help you exploit the gold mine you’ve discovered.
4. Big company stage. Why?
“Why does our company exist?”
Most of #startups don’t get there as they get #acquired. But when startups grow into a big company at the pace like #Amazon or #Facebook - this question becomes very important for #founders and #CEOs.
“Why does our company exist?”
Most of #startups don’t get there as they get #acquired. But when startups grow into a big company at the pace like #Amazon or #Facebook - this question becomes very important for #founders and #CEOs.
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