- Figure out what’s important and focus almost entirely on that.
- Develop the minimum viable product to test your hypothesis about what the market needs.
- Measure things from the beginning and track virality and user response.
- Identify a problem from your own personal experience that absolutely needs a technology solution.
- Be ready to pivot aggressively based on changing user feedback and environment.
- Align your goals around what you want to give not what you want to receive.
- If you can measure it you can improve it
- Start with a problem — Go out into the world and find out what problems exist.
- Build an audience before you build a product
- Build the most basic product you can to make a process better
- Get customers through all sources-Fast Win or Fast Fail
- Stay focused on adding value to each and every customer, if you keep doing that, you’ll be on your way to building a great business.
- Focus on few key problems and solve them well
- Follow your heart, not your wallet.
- Manage the money, manage the money, manage the money!
- Ask probing questions. Understand and empathize with a problem, making it your own.
- Aim for 100% customer satisfaction
Summary of answers to “What generic first order principles should a new technology project or startup follow” asked on quora.
