10 years later, these learnings from Michael Siebel of Y Combinator, speaking at Startup Istanbul, are still super relevant for founders today! 📌 If you can, focus on solving daily/weekly problems vs monthly problems. It’s a lot “easier” to build an Uber vs a car sales platform 📌 Aim to build an MVP within two months. Get something in the hands of your potential customers quickly! 📌 Identify your “reference customers” - folks who are willing and actively able to talk to others about your product/service 📌 Build relationships. 99% of the PR your startup needs in the early stages can be done yourself. Warm introductions. Structure your pitch. Follow-up. Let the relationship remain valuable 📌 Schedule your meetings with investors as quickly and as tightly as possible. Don’t forget the FOMO agenda 📌 Have growth. The more you grow, the more investors spend time finding you 📌 If you have a launch plan that involves fundraising, change it! 📌 Spend less money. It’s the #1 way to extend your runway 📌 Hire people who are a lot smarter and slightly less risk averse than you. Be fair and transparent with them. Loyalty is earned 📌 Hire slowly. You can do a lot with just a few people. When Instagram sold for $1Billion in 2012, they had just 13 employees! 🌟 Super excited about the growing number of signups for The Maven Cohort - My Group Coaching Program for applicants who are keen and ready to commit to applying for the UK Global Talent Visa. Get ready in 4 weeks! 🌟 Join now using this link: https://lnkd.in/exfaGcsc If you have any questions, feel free to reach out: hello@strategywithifeoluwa.com We launch officially on October 2nd! 🚀🚀🚀 strategywithifeoluwa.com On eagles’ wings
They are. Listened to them. Quite insightful
Startup Strategy Leader | Oxford MBA | UK Global Talent | I help Founders take BIG BETS on their ideas & figure out the missing pieces | Venture Coach
3mo🚨 Join The Maven Cohort here: https://bit.ly/TheMavenCohort and feel free to share with anyone who would benefit from this program! Click the link for all the details!