From this reading, I learned that there are three things that create a successful startup.
Paul Graham describes the three components that start a successful startup, “to start with
good people, to make something customers actually want, and to spend as little money
as possible.”
Paul Graham describes the three components that start a successful startup, “to start with
good people, to make something customers actually want, and to spend as little money
as possible.”
To start a startup with good people means who you hire. The people who you hire can
determine the outcome of the companies’ success. Not only you should hire people who
are qualified for the job, passionate for the job, but also people who go above and
beyond.
Each person should have a certain role or job within the team and aim for goals for the startup.
Secondly, Paul Graham emphasizes to make a product that is desirable among the population.
We must be able to conduct a product that is appealing to companies because if not then it would
not be profitable. To have a successful startup, the team must adapt to figure how to make the
product more desirable. Finally, for a startup that is just starting out, saving money is key. By
saving money, we can make more money to include anything that is needed within the startup
itself or for the employees or product itself.
Taking these tips and applying it to my own startup, this allows me to have a good foundation
for building a startup. These ideas let us see what consumers look for and the needs that lie
to help prosper a nation.
Graham, Paul. How to Start a Startup.
Graham, Paul. Startup = Growth.
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