Original Tweetstorm: https://twitter.com/avichal/status/1238298350077669377 I m sharing lessons from running a startup through 2008. I tweeted this as well and cleaned up a bit for the blog. Hope it s useful to founders.👇 1/ Most important prioritize your health and family. It s clearly stressful as the world feels like it s falling apart. If you are healthy and have Continue reading Lessons…
I regularly help pre-seed entrepreneurs identify and evaluate potential startup opportunities. The following is a set of heuristics I ve developed and collected over the years that might of use. These heuristics are just a starting point to identify interesting, unsolved problems in the world that may turn in to great startups. Entrepreneurs must still go Continue reading Heuristics to Generate…
1/ Right after graduating I worked at @Google and Larry Page said something in passing that has stuck with me for a decade: "Most important problems aren't that hard to solve, it's just that no one has really tried." With some experience, I have come to believe this is 100% true. — Avichal Electric ϟ Capital (@avichal) January 20, 2019
1/ HOW TO ASK FOR HELP AS AN ENTREPRENEUR Every week entrepreneurs reach out to me cold on LinkedIn, Twitter, and email asking for help. I love helping if I can! Unfortunately most people are terrible at asking for help. Here is how to do it properly. — Avichal Electric ϟ Capital (@avichal) October 7, 2018
The Internet s potential to enable new businesses by building for customers in the Long Tail is well-documented. However, for many Internet businesses, the Fat Torso is now more important. As the Internet has scaled, we have seen the emergence of markets with Fat Torso and successful businesses that first target the Fat Torso of customers. Continue reading The Fat Torso
I drafted a piece on the Electric Capital blog around the global collapse of trust and why cryptocurrencies are disruptive; https://medium.com/@ElectricCapital/reimagining-trusted-intermediaries-91a3840e0f I presented a variant of this as a talk at Spero Ventures which is available as a video below:
One of the most important questions for an entrepreneur is “Why is now the right time for this idea? Didn t others try previously and fail? There are rarely new ideas in startups. If you have an idea, someone probably already tried it and failed — maybe they mis-executed, there was something counter-intuitive about the customer Continue reading Why now?
There are only four types of metrics quality, scale, engagement, and revenue. Effective metrics track real value, are sensitive, and easy to understand. When communicating metrics, you should call out how the operational metrics that measure progress against your current tactics will drive the topline metrics everyone at your company understands. Categories of Metrics Continue reading Metrics
Networking and connecting as most people attempt it is a waste of time. [1] As most people with large networks know, focusing on helping others is the best strategy. The more people who ask you for help, the more connected you actually are, and the more able you will be to use your network to Continue reading The right way to network
Once a startup has 8-10 engineers a company often needs to bring on its first product manager. Below are some of the best practices I ve learned over the years for ramping up a new PM. Why is it hard to onboard a new PM? Ramping up a new PM is challenging for two reasons: Product Context Continue reading Onboarding a New Product Manager