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46 propositions

49 inferences

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Claim

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




Arguments

If it is true that...

Self-funding a startup requires starting as a consulting company, which can be difficult to transition from

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

If it is true that...

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

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


Consequences

If it is 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

and

The founders of a startup need to include at least one person who can focus on what customers want

and

Spending money slowly encourages a culture of cheapness

Then it must be true that...

A startup that succeeds usually makes its founders rich