1000 days
[WHAT]
- ] An entrepenur's look back at their startup journey(Stan Reimgen+ Olga ), a successful app but a failed business, details on the journey and lessons learned.
[WHY]
- ] Build your values. Your “Why” will become the drive for your company. Why do you want to solve this problem? Why are you going to be different and unique? If you figure this out for yourself, being able to share it with others, people will support and help you.
- ] Never promise something you can’t keep up to. Promise less and deliver more and better.
- ] Your team is your most important asset. Make sure you align diverse minds and skill-sets, who are sharing the same vision, the same values, the same drive to build what you want to build and why you want to build it. Even if your idea changes, your vision and your beliefs will keep you together.
- ] Customer development interviews are essential, but tricky. Asking the wrong questions is easy, asking the right ones is essential
- ] There are many ways to find your team. Look outside the box (new platforms, events, meetups, etc.). There are people who share your passion, you just need to find and unite them.
- ] The greatest challenge to any thinker [designer] is stating the problem in a way that will allow a solution.”?—?Bertrand Russell.
- ] We have spent too much time hunting VCs. Our job was not to hunt for investors. Our job was to create an outstanding company and reach the product-market fit. Nailing this right, investor would hunt us.
- ] Learn to say ‘no’. The main thing is to keep the main thing the main thing. Focus on 1 concrete problem to solve. Focus on 1 core use case. Focus on 1 target group. Focus on 1 business model. Focus on your hypothesis and test it brutally as fast as you can. If your focus does not work, choose the next focus and test it again. Always remember: Your start-up life time is limited.
- ] Keep everything transparent in your team. Make sure you talk about your feelings, fears, motivations, achievements and frustrations. The longer you keep the inner voice silent, the harder things become to change
- ] Understand your market dynamics. Study your market history. Why did certain companies rise and fail? How did successful companies get started? What is lacking in the market and why now is the right timing to fix it (new technology adoption, behaviour change, etc.)
- ] We truly believe in storytelling, but we don’t see a working long-term business here. At least not yet. Without a working business model, we can not create a sustainable company.
- ] There is a fine balance between seeking and taking advice. Surround yourself with smart people, who share your passion. Ask your mentors all the questions you don’t want to hear the answers for. But, remember to trust your guts. It’s your job to be innovative. It’s your job to be remarkable. It’s your job to lead your company into the future!
[WHERE]
- ] https://medium.com/@stanbugaev/1000-days-of-building-our-first-start-up-epiclist-ea0c07a7964b
[WHEN]
- ] 2014-12-20
[EXAMPLE]
- ]
[HOW-TO]
- ]
[REFERENCE]
- ] SRC = hn comments
- ] website - http://www.stanreimgen.com/
[founders vision]
To help people achieve their personal heights, pursuing their dreams and goals.
Being travelers ourselves, we especially met so many people who wanted to travel more, but simply did not do it.
Experience some of the best life moments while traveling,
we dreamed to inspire more people to pursue these moments as well.
[PRODUCT]
for exploring and storytelling
Why travel and activity discovery are broken and how we are going to re-imagine it.
discover completely new experiences around the world and gather deep insights for their travel plans
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Our users have taken our app to capture their trips in Patagonia, China, Australia, New Zealand and all over Europe.
People have contributed and shared their experience of climbing Mt. Everest, kayaking in Greenland, road tripping across Australia, surfing in Costa Rica, walking across India, sailing in the Pacific, Bedouin living in Jordan, as well as supporting local communities in Uganda, Indonesia and China, allowing thousands of people to experience this journeys along the way!
[first version]
Back in the days, we had built an online platform to list goals and dreams, visualise and structure those down into small achievable steps, and connect with fellow dreamers and doers to pursue these goals together. We were the most inexperienced team with no existing traction,