You can’t build a billion dollar despicable me organization

Sole founders are bad. You can’t build a billion dollar despicable me startup

TL;DR: Sole founders face an uphill battle compared to co-founding teams. And if you are a sole founder, you still need a team; minions aren’t enough. Everyone has seen Despicable Me. A hilarious movie with everyone’s favorite yellow, one-eyed minions. I love those babbling, cheeky monkies! The organizational design of Evil Inc. is extremely flat; Gru who is then surrounded by an …

The three key things you need to know to build a great startup

The three key things you need to know to build a great startup

Tl;dr: The three things that matter for a startup is CAC, LTV and Payback time. Nothing matters if these things don’t work. What’s a great startup? It’s one that makes money. You like to get featured in TechCrunch, you want to make money. I’ve been studying startup for ten years and I’ve figured out that there are only three things …