Today I stumbled upon a Jason Calacanis’ post to his email mailing list called “(The) Startup Depression” (I’ve put a link to a Google search because the original post was removed from TechCrunch). Some thoughts I liked the most:
There are three reasons why businesses can fail:
- it’s a bad idea
- bad execution
- outside factors
Examine your business with these three filters to see where you’re at.
Outside factors are the things you cannot control, but Execution and Ideas are the things that you should review and re-estimate very often if you want your startup to succeed. Here’s how Calacanis ofers to do this: