Marc Lou

🚀 The Pocket Guide of Essential YC Advice: Elevate Your Startup Game! 🚀 Starting a business? Here's a cheat sheet from YC that can make all the difference: 1️⃣ Launch now: Don't wait for perfection. Get your product out there and iterate. 2️⃣ Build something people want: Focus on solving real problems. 3️⃣ Do things that don't scale: Personal touches can lead to big breakthroughs. 4️⃣ Find the 90 / 10 solution: Prioritize the most impactful tasks. 5️⃣ Find 10-100 customers who love your product: Early adopters are your champions. 6️⃣ All startups are badly broken at some point: Resilience is key. 7️⃣ Write code - talk to users: Balance building with real-world feedback. 8️⃣ "It's not your money": Be frugal and smart with investments. 9️⃣ Growth is the result of a great product, not the precursor: Quality drives expansion. 🔟 Don't scale until you've built something people want: Validate first, grow second. 💡 Key Insights: - Valuation ≠ Success: Focus on value creation, not just valuation. - Avoid lengthy deals with big customers unless necessary. - Steer clear of corporate development queries that waste time. - Attend conferences selectively - prioritize those that bring customers. - Pre-product market fit? Stay nimble and do things that don't scale. - Solving one problem well > solving many poorly. - Founder relationships: Your co-founders are your greatest asset. - Sometimes, firing a toxic customer is necessary. - Ignore competitors - focus on your path to avoid 'death by comparison.' 🌟 Final Tips: - Be kind! Courtesy costs nothing but means everything. - Prioritize your health - sleep, exercise, and self-care are non-negotiable. Let these insights guide your entrepreneurial journey. What resonates most with you? Share your thoughts! ⬇️ #Startups #Entrepreneurship #YCombinator #BusinessTips #GrowthMindset #Innovation

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𝟯 𝗢𝘂𝘁 𝗼𝗳 𝟭𝟬 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗗𝗼𝗻’𝘁 𝗥𝗲𝗮𝗰𝗵 𝗣𝗠𝗙. Use Sequoia Capital’s ARC PMF framework to increase your chances. At its core, PMF means finding your place in the market. It’s about launching the right product, for the right people, at the right time. The best approach is to understand how your customers relate to the problem you want to solve and how they feel about your solution. 𝗧𝗵𝗲 𝗧𝗵𝗿𝗲𝗲 𝗔𝗿𝗰𝗵𝗲𝘁𝘆𝗽𝗲𝘀 𝗼𝗳 𝗣𝗠𝗙: 🔸 𝗛𝗮𝗶𝗿 𝗼𝗻 𝗙𝗶𝗿𝗲: Addressing an urgent problem. Your product should offer a differentiated experience to stand out in a crowded market. 🔸 𝗛𝗮𝗿𝗱 𝗙𝗮𝗰𝘁: Fixing an 'inevitable' problem. Your solution must be innovative enough to justify changing customer habits and behavior. 🔸 𝗙𝘂𝘁𝘂𝗿𝗲 𝗩𝗶𝘀𝗶𝗼𝗻: Solving a problem people didn’t even know they had. It’s about pioneering a vision and leading customers toward it. PMF isn't static. As you launch new products or as market perception evolves, you can navigate between these archetypes or even follow multiple paths at once. This framework helps you identify where you are in your product lifecycle to strategize accordingly. It is designed to be flexible, allowing you to adapt as your product evolves. Check out Joaquín Peña Fernández's Wardley Map on this framework. Takeaways: 🔸 Every success has a 'winning ingredient.' 🔸 Customers naturally resist change—it’s up to you to set the inertia in motion. Remember, achieving PMF isn't the end goal—it's only the beginning. I'm curious: what path are you on? 💬 I share content on all things Startup and Founder! Follow me for more. #Startups #Innovation #Technology #Success #PMF

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