Start ups are risky and costly business, it’s always wise to validate early on, build only what you need, and not more. And iterate as fast as you can.
Yunha Kim
- After all, it’s not like you can choose whether to be a female CEO vs male CEO. But you can choose your attitude toward it.
- I tend to be very aggressive. When I want to get things done, I’ll get them done. I tend to be impatient. But it helps me get stuff done.
- We get gratification from seeing or building stuff in our hand.
- This one idea that I have needs to be exectued perfectly and you succeed, otherwise a failure.
- It’s my idea, my dream, I need to make it happen. If you consider as like, these are some of the ideas that we’ll try, if they fail, that’s okay, we’ll move on. At the end of the day, the worst thing happened to us is that we failed and we don’t know exactly why we fail.
- knowing exactly why I failed is one of the learning that will help us go to the next.
- The worst thing is to fail slowly and painfully over years.
- failure is not the opposite of success, it’s a stepping stone to success.
- learning and failing quickly, and never making the same mistake twice.
- We fail? But screw your courage to the sticking post, and we’ll not fail.
Idea types
- Simplify
- Me too
- Virtualize
- Remix
- Mission Impossible
The best problems to address are those that you have personal experiences with. Your commitment to finding a solution will be that much stronger and it will be the one thing that keeps you going through the crazy hights and the crazy lows of building a company.
Aaron Harris, founder of YCombinator
We are looking for founders who
- seems really great and formidable, so they can execute
- idea with chance of being a large business
best ideas
ideas across different industries https://www.ycombinator.com/rfs/
The very best startup ideas tend to have three things in common:
they’re something the founders themselves want,
that they themselves can build, and that
few others realize are worth doing. Microsoft, Apple, Yahoo, Google, and Facebook all began this way.
Why do so many founders build things no one wants?
Because they don’t use it themselves, they imagine other people wanting it.it sounds plausible enough to fool you into working on them.
Paul Buchhei
Live in the future, then build what’s missing
If you’re not at the leading edge of some rapidly changing field, you can get to one. For example, anyone reasonably smart can probably get to an edge of programming (e.g. building mobile apps) in a year. Since a successful startup will consume at least 3-5 years of your life, a year’s preparation would be a reasonable investment.
Knowing how to hack also means that when you have ideas, you’ll be able to implement them. That’s not absolutely necessary (Jeff Bezos couldn’t) but it’s an advantage. It’s a big advantage, when you’re considering an idea like putting a college facebook online, if instead of merely thinking “That’s an interesting idea,” you can think instead “That’s an interesting idea. I’ll try building an initial version tonight.” It’s even better when you’re both a programmer and the target user, because then the cycle of generating new versions and testing them on users can happen inside one head.
Ted Talks
Nir Eyal: vitamin vs painkiller
