Quotes About Strategy

Building a startup is an exercise in institution building; thus, it necessarily involves management. This

if management is the problem, chaos is the answer.

Much of the time in a startup's life is spent tuning the engine by making improvements in product, marketing, or operations.

Brad explained to me how they hold themselves accountable for their new innovation efforts by measuring two things: the number of customers using products that didn't exist three years ago and the percentage of revenue coming from offerings that did not exist three years ago.

make a sharp turn called a pivot or whether we should persevere along our current path.

La creación de una startup es un ejercicio de creación de una institución; por lo tanto, requiere management.

paradoxical Toyota proverb, "Stop production so that production never has to stop." The

We adopted the view that our job was to find a synthesis between our vision and what customers would accept; it wasn't to capitulate to what customers thought they wanted or to tell customers what they ought to want.

The question is not "Can this product be built?" In the modern economy, almost any product that can be imagined can be built. The more pertinent questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?

In other words, the startup has to find ways to achieve the same amount of validated learning at lower cost or in a shorter time.

We must learn the truth about which elements of our strategy are working to realize our vision and which are just crazy. We must learn what customers really want, not what they say they want or what we think they should want. We must discover whether we are on a path that will lead to growing a sustainable business.

It is the principal antidote to the lethal problem of achieving failure: successfully executing a plan that leads nowhere.

first, use a minimum viable product to establish real data on where the company is right now. Without a clear-eyed picture of your current status—no matter how far from the goal you may be—you cannot begin to track your progress.

The growth is all coming from an engine of growth that is working—running efficiently to bring in new customers—not from improvements driven by product development.

book Lean Thinking, James Womack and Daniel Jones recount

Sólo se puede crear algo sólido y resistente a largo plazo cuando se crean ecosistemas vivos de ideas y mecanismos para lograr que las mejores lleguen rápido al mercado.

Qué deberíamos producir y para quién?», «¿En qué mercados podríamos entrar y dominar?», «¿Cómo podríamos crear un valor duradero que no estuviera sujeto a la erosión por parte de la competencia?».[6]

Startups don't starve; they drown." There are always a zillion new ideas about how to make the product better floating around, but the hard truth is that most of those ideas make a difference only at the margins.

paradoxical Toyota proverb, "Stop production so that production never has to stop.

when you were out of options, then you were using the wrong tactics? You had to bend the rules. Shift perspective—anything to find a way out of a hopeless situation.

I asked my publisher what would happen if he sold all the copies of my book he'd printed. He said "I'll just print another ten.

I tend to agree with the guy who said diplomacy is the art of saying 'nice doggie' until you can find a rock.

Wondering what the best ways are to invest globally?

Keep your friends close, Sun-Tzu had written. Your enemies closer.