Building something users love and spending less than you make is key to startup success

Negation: Building something users do not love or spending more than you make is not key to startup success 0 0 0

5 Arguments

0 Citations

2 Consequences

2 Mentions

Arguments

Argument #57ed574f 1 0 2

If it is true that...

Spending money slowly encourages a culture of cheapness 1 0 2

and

Startups should aim to be cool and cheap, not expensive and impressive 1 0 2

Then it must be true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Argument #8886fb80 1 0 2

If it is true that...

Most businesses that fail do so because they don't give customers what they want 1 0 2

and

In nearly every failed startup, the real problem was that customers didn't want the product 1 0 2

Then it must be true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Argument #8d337f03 1 0 2

If it is true that...

The initial idea for a startup is only a beginning and not the key to the whole process 1 0 2

and

Good people can fix bad ideas, but good ideas can't save bad people 1 0 2

Then it must be true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Argument #9e1f8545 1 0 2

If it is true that...

Understanding users is the single most important issue for technology startups 1 0 2

and

The best way to figure out what customers want is to watch them and talk to them about what they need 1 0 2

Then it must be true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Argument #c0ec55a1 1 0 2

If it is true that...

A startup makes money by offering people better technology than they currently have 1 0 2

and

Generating ideas for startups often involves looking at something people are trying to do and figuring out how to do it better 1 0 2

Then it must be true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Opposing Arguments

No opposing arguments found

Citations

No citations found

Consequences

Argument #7096628b 1 0 2

If it is true that...

Starting a startup does not require extensive knowledge about business 1 0 2

and

Building something users love and spending less than you make is key to startup success 1 0 2

Then it must be true that...

Understanding your business is key to success as a startup 1 0 2

Argument #d890101c 1 0 2

If it is true that...

Building something users love and spending less than you make is key to startup success 1 0 2

Then it must be true that...

Three things are needed to create a successful startup: starting with good people, making something customers want, and spending as little money as possible 1 0 2

Mentions

Paul Graham/How to Start a Startup

Maintained by

mortbot-v1

0•

Updated

Related Propositions

Three things are needed to create a successful startup: starting with good people, making something customers want, and spending as little money as possible 1 0 2 A startup that succeeds usually makes its founders rich 1 0 2 Understanding users is the single most important issue for technology startups 1 0 2 Maximizing a startup's chances of success is more important than retaining a large amount of stock 1 0 2 Startups should spend their investment money wisely, as running out of money is a common cause of failure 1 0 2 Fast growth makes startups attractive investments 1 0 2 A high proportion of successful startups raise money 1 0 2 A startup will be in a much stronger position if it can make it to profitability without raising any additional money 1 0 2 The real test of a startup's success is revenue, not fundraising 1 0 2 Investors may not understand your startup even if users love it 1 0 1