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Be frugal.

Added 12 months ago | As appeared first on johngreathouse.com | Author: John Greathouse
Richard White, author of The Entrepreneur's Manual, surveyed a number of venture capitalists, asking them to identify the characteristics of successful, serial entrepreneurs. One of the attributes identified by all of the venture capitalists questioned was, "Frugal use of capital". In fact, several of the venture capitalists pointed out that successful entrepreneurs often have to be encouraged and pushed to spend more aggressively. Successful, serial entrepreneurs on The Fringe instill an urg...
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What your peers are reading!

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As soon as your first launch is out, you'll notice that UX designers get more work to do, following feedback.
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Having an audience even before you build your product can help you gain quick feedback, accelerating growth.
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"Somewhere you can type a person's name and view a bunch of info" - Zuck, early FB 'pitch'.
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Against supposed convention, Tesla started with high-priced products which funded lower cost ones.
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