You achieve a product market fit, when your target audience finds your offering –Â
- as a no brainer AND
- wants it
- now!
Promise has valuation.
Reality has value.
Earlier, valuation used to follow value.
Nowadays, value follows valuation.
But the ultimate truth remains. The real valuation gets established over time.
Market is intelligent over a period of time and shows everyone their rightful place.
Good idea + execution = startup
Continuous adaptation + ongoing innovation + process + execution = business
Break something, to embrace the new. Forget something, to learn the new. Innovate or perish.
Law of Intolerance:
When intolerance is tolerated too long,
It makes tolerant people intolerant.
I am intolerant towards our media now 🙂
Every bubble, every boom represents a local maxima. It has its role in advancing mankind, technology and the business ecosystem.
#positive
In a business, the only thing certain is your expense. You got to work and manage the risk for everything else 🙂
Fad eventually fades away.
Question everything.
Be real.
Profitability over Turnover.
Cashflow over Profitability.
Make your choice wisely.
Starting a company is easy
Building a company is a tough
Transforming a company is life changing
Which phase are you in?
Company’s culture is CEO’s responsibility. If you do not shape your company’s culture, someone else will.
When someone steals, the victim loses money.
When someone cheats, the victim and many others lose faith.
The difference is TRUST.
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Key to success in aggregator model: