Embedded Systems Conference
Breaking News
Comments
Oldest First | Newest First | Threaded View
rick merritt
User Rank
Author
Good advice
rick merritt   9/6/2013 12:56:47 PM
NO RATINGS
Marc Andreessen said yesterday that to have an idea that will be really big it has to be crazy, otherwise others would already be doing it. The trick he said is finding the one crazy idea among a bazillion of them that has the potential to be big and, as you say, sticking to your guns on it when you get surrounded by people trying to pull it into different directions.

Sheetal.Pandey
User Rank
Author
Re: Good advice
Sheetal.Pandey   9/6/2013 2:50:39 PM
NO RATINGS
Quite agree that startup needs to stickb to the plan. In startup sincethere are less decision makers its very likely to get attracted to something that is not in the plan. Since there are unique challenges in running a startup its good to stick to the plan.

kfield
User Rank
Author
Re: Good advice
kfield   9/9/2013 4:40:57 PM
NO RATINGS
I think you hit the nail on the head with the question of how long to give something before a course change in strategy. How much do you think gut feeling plays into it versus a more rigorous analysis? 

junko.yoshida
User Rank
Author
Timing is everything
junko.yoshida   9/10/2013 12:33:18 PM
NO RATINGS
This is a great piece, Simon. I love it. You wrote:

I'm not suggesting that you turn down good ideas, good opportunities, or flog a dead business model for the sake of it. But until you have proved whether or not your product has a market, it is best to stick to the plan and be OK with not being quite so shiny and new.


I appreciate the advice above. The next question, though, is how you prove if your product has a market, and to know when to pull the plug. That timing seems so delicate, because it seems to be sitting somewhere inbetween flogging a dead horse (by sticking it out) and suffering from a feature/business model creep (by listening to your investors).

Charles.Desassure
User Rank
Author
Best ideas...
Charles.Desassure   9/11/2013 1:50:21 AM
NO RATINGS
Thanks for the interesting article.  Without startups, there would not be any good business ideas.  Remember, the best ideas come when you least it to.

SimonBarker
User Rank
Author
Re: Timing is everything
SimonBarker   9/12/2013 6:23:16 AM
NO RATINGS
I guess that is the hardest question to answer and is a big part of why entrepreneurs need to be stubborn and resilient to wait it out longer than other people would. I think you need to keep asking your self this quesiton "Forgetting everything that has happend, would I start this business today based on the opportunities infront of me?" - it's not perfect but it helps remove the weight of "I've been at this for 2 years, I can't quit now"

SimonBarker
User Rank
Author
Re: Good advice
SimonBarker   9/12/2013 6:24:15 AM
NO RATINGS
In the early days it's all gut feeling I think, as I've said in another comment you need to ask yourself: "Forgetting everything that has happend, would I start this business today based on the opportunities infront of me?" - it's not perfect but it helps remove the weight of "I've been at this for 2 years, I can't quit now"

junko.yoshida
User Rank
Author
Re: Timing is everything
junko.yoshida   9/12/2013 8:38:47 AM
NO RATINGS
Simon, that's a good point. It's true that we tend to think we've been doing this for the last X years, we can't give up now. And indeed, that's not a good enough reason to keep doing what we are doing...

 



Radio
LATEST ARCHIVED BROADCAST
As data rates begin to move beyond 25 Gbps channels, new problems arise. Getting to 50 Gbps channels might not be possible with the traditional NRZ (2-level) signaling. PAM4 lets data rates double with only a small increase in channel bandwidth by sending two bits per symbol. But, it brings new measurement and analysis problems. Signal integrity sage Ransom Stephens will explain how PAM4 differs from NRZ and what to expect in design, measurement, and signal analysis.

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
Like Us on Facebook
Special Video Section
The LTC®6363 is a low power, low noise, fully differential ...
Vincent Ching, applications engineer at Avago Technologies, ...
The LT®6375 is a unity-gain difference amplifier which ...
The LTC®4015 is a complete synchronous buck controller/ ...
10:35
The LTC®2983 measures a wide variety of temperature sensors ...
The LTC®3886 is a dual PolyPhase DC/DC synchronous ...
The LTC®2348-18 is an 18-bit, low noise 8-channel ...
The LT®3042 is a high performance low dropout linear ...
Chwan-Jye Foo (C.J Foo), product marketing manager for ...
The LT®3752/LT3752-1 are current mode PWM controllers ...
LED lighting is an important feature in today’s and future ...
Active balancing of series connected battery stacks exists ...
After a four-year absence, Infineon returns to Mobile World ...
A laptop’s 65-watt adapter can be made 6 times smaller and ...
An industry network should have device and data security at ...
The LTC2975 is a four-channel PMBus Power System Manager ...
In this video, a new high speed CMOS output comparator ...
The LT8640 is a 42V, 5A synchronous step-down regulator ...
The LTC2000 high-speed DAC has low noise and excellent ...
How do you protect the load and ensure output continues to ...