Got to a conclusion there are 3 types of value you need to keep in mind when building a product: Marketed value: what is your promise Perceived value: what people feel they got after using your product Objective value: what is the result your product helped them achieve

There are three types of metrics: - Growth metrics - Product metrics - Value metrics Most startups forget about #3. Founders focus on product and growth metrics (retention, activation, etc.) over value metrics (outcomes that people achieve by hiring your product).

People often say that the key trait of successful entrepreneurs is “the ability to deal with uncertainty”, but no one ever talks about tools or frameworks to develop this trait. Let’s change this. I can tell you how I got comfortable with uncertainly - I taught myself to think

While reflecting on 2023 one of the things I realised about myself very clearly is that I am an 80/20 person. Let me explain what I mean. → It's all about the Pareto Principle. I ruthlessly apply it to everything in life. I prioritise and channel my effort to what matters.

I can accredit a huge portion of my own achievements in business to this one general rule. You can add it to your toolbox in a few seconds by going through this: Now. What is this 1 golden rule? 👇 Just do the action that moves the chips forward. Even if it's not optimal.

It is now commonplace for founders and investors to believe that achieving Product-Market Fit is the most crucial factor for a startup's success. Having found PMF with a few businesses in my career, I’ve learned one thing: → Achieving product-market fit is a milestone, not the

There’s more than one way to success in business. Over the past 10 years, I've met hundreds, if not thousands, of successful entrepreneurs, and I've come to understand one thing very clearly: there's more than one path to success. I’ve met founders that are extremely risk

There is one thing you need to be very clear on before starting a business. It’s what type of risk are you taking. I believe there are 3 main types of risk: 1) Demand risk 2) Technological risk 3) Execution risk Let’s dive deep into each one of them. Demand risk This

How to win in business by choosing the right type of risk In my last post, we've explored various types of risks, and today we will talk about the type of risk I typically recommend to first-time founders... Execution risk 🎯 This is building a business where both the market

This one is not for the faint of heart. In my previous two posts, we explored the first two types of startup risks 👇 - Demand - Execution -- Today, it's technological risk 🤖 -- When a startup takes technological risk, they build something completely new. The world is not

We use this one hiring strategy to get the best people at Oneday 👇 We test candidates before hiring. It has always been our approach, but in 2024 decided to make it a strict rule in our business. As a minimum - we give candidates a test assignment to complete. Where

How we select A-players at Oneday 🎯 These are my top 3 favorite interview questions: 💬1. "Who was your manager in this role? When I talk to him, how would he rate you on a scale of 1-10?" I picked this one from my favorite book on hiring, "Who," by Geoff Smart. In most

What can Catan teach us about entrepreneurship? 🎲 When I come across a new game - I immediately start thinking: “What is the best strategy to win the game?” In Catan, I realised 90% of success is where you place your chips in the opening move.  ↳ Success/failure depends on

First, let’s look at the common objections to paid ads 👇 1/. “Paid ads are platform-dependent” They say: Facebook could change algorithms tomorrow ↳ Your ads get binned 🗞→🗑😅 It does happen. One of my businesses crashed because of the iOS 14 privacy update and the

Do not postpone starting a company till you are “more experienced”, “have more connections”, or “have a safety net”. Instead, start now. Let me explain why: With each business, you have roughly a 10% chance of success. Maybe 20% (if you are exceptional) Each attempt takes

Here’s my 3 step approach to making better decisions. One of the things that kill businesses is emotional knee-jerk reactions and poor decision making. This is why I developed the habit of writing my choices on paper. Here's my process 👇 1️⃣ Write down everything that goes

People expect to make progress in a linear fashion. In reality it always comes in leaps.

Please support us as @socap_ai (YC W23) is coming out of stealth! 🤗 As experienced founders and investors (I am an ex-VC with 2 unicorns from a seed portfolio and a top YC founder who has raised $180M over his entrepreneurial career; Alexander Nevedovsky is a repeat AI founder with an