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rational choice for founders to start them. But technological change was about to make it a much more common one. The danger is that promising ideas are not merely blurry versions of great ones. Most are service businesses restaurants, barbershops, plumbers, and. Perhaps later they step back and notice they've found an idea in everyone else's blind spot, and from that point make a deliberate effort to stay there. That's the difference between Google and a barbershop. The mistake they're making is that by basing their opinions on anecdotal evidence they're implicitly judging by the median rather than the average. And even if they did, the barbershop couldn't accomodate them. If you judge by the median startup, the whole concept of a startup seems like a fraud. Google is not just a barbershop whose founders were unusually lucky and hard-working.

Startup Growth - Paul Graham
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They could grow the company on its own revenues, but the extra money and help supplied by VCs will let them grow even faster. Most people should not try to start startups. Optimizing code means taking an existing program and changing it to use less of something, usually time or memory. If you can only manage 1, it's a sign you haven't yet figured out what you're doing. A barbershop isn't designed to grow fast. But only if (a) the distraction of hiring someone won't make you miss your numbers in the short term, and (b) you're sufficiently worried about whether you can keep hitting your numbers without hiring someone new. You have to know that growth is what you're after. If you write software to teach Tibetan to Hungarian speakers, you'll be able to reach most of the people who want it, but there won't be many of them. Because he not only wanted a computer but knew how to build them, Wozniak was able to make himself one. For most programmers this is very satisfying work. We're turning starting a startup into an optimization problem.


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