success Archives - Startup Economist

Startup Founders, a Good Idea Solves a Problem, A Great Idea Creates Value

Thursday, 29 June 2023 by Paul O'Brien

We have a huge problem in the startup ecosystem; that’s that most founders have been misled by a lot of people to think in terms of Problem / Solution. That a solution to a problem is what matters foremost in a startup. And that has led to the notion that validation is a simple matter

Before You Start, Define the Outcome

Sunday, 10 March 2019 by Paul O'Brien

How do you determine when your business is going to be successful? When it meets your definition of success. Many, I’ve found, start businesses thinking forward; the test and validate, customer feedback oriented development. I have a hypothesis or a business I want to start, what do I do first? That’s generally actually bad idea because every

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The Single Most Important Trait that all Successful Business Owners Have

Thursday, 13 February 2014 by Paul O'Brien

Progress can only be made through unanswered questions. One can’t find success by doing the same thing everyone else does, or making the mistakes others have answered. In starting with unanswered questions, you must agree that some, perhaps many, of your hypothesis, will prove wrong. You will fail, you might succeed. The alternative is that

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