feralAddict
Newbie
- Jun 19, 2021
- 40
- 45
I disagree.You're using survivorship bias, sure google and others changed the game but they stay relevant through incremental improvement (and incremental failure, see google+, google hangouts, soon to be stadia ect).
You cant innovate without throwing lots of stuff at the board and seeing what sticks. Imagine if google poured all their resources into g+ only to have it fail, they would be out of luck and out of cash fast.
Its better to pivot quickly and iterate based on data, the best way to do this is to not release a 10X / 1000% product, but to release a MVP (10% product) and allow the users and data to steer your iterations. This is how a 10X happens, through data driven iteration. Failures, espcially in tech typically happen because they do what you are suggesting and just press on in the dark on useless features or services no on wants or asked for.
There are edge cases, but the above is tech entrepreneurship 101. Smart people learn from the (well documented) mistakes of others, dont try to reinvent the wheel on SOP's focus your energy elsewhere. If you truly believe in executing on the 80-20 rule, then doing the above is a none choice.
a 10x product is still a 10x product even at MVP stage. and Im not suggesting to press on in the dark in futility. I just don't agree with your suggestion of optimization for the win. I would rather invest my energy into game changing tech - LIKE GOOGLE DOES - even as a small pilot because it can be scaled to a monopoly. wasting time on small incremental improvement is not entre.. 101. while entre.. comes in all styles. and while some people may advocate LEAN, not all do. Personally, the model I follow is on treating startups as long out of the money financial options. I don't waste time on anything that cant give me a monopoly position in a market. I also don't work on things that are trendy.
But that's my philosophy. Yours can be different.