arey_abhishek | Shared With: Everyone - Mar 26 2008 | advice, blog, startup, strategy, imported:del.icio.us
arey_abhishek | Shared With: Everyone - Mar 26 2008 | advice, tips, Web2.0, entrepreneurship, startup, imported:del.icio.usGreat article on evaluating ideas
arey_abhishek | Shared With: Everyone - Mar 26 2008 | advice, blog, howto, Web2.0, entrepreneurship, startup, imported:del.icio.us
bhartzer | Shared With: Everyone - Dec 21 2007 | advice, imported:del.icio.usWhy do individuals ignore advice? Is it due to stubbornness, pride, or lack of confidence in the person giving the advice? The latter sometimes happens when we are young adults, especially when the advice is from our parents.
Rich | Shared With: Everyone - Dec 18 2007 | the, business, housing, IT, web 2.0, advice
The interesting thing about Redfin is that it's a tech company. Its business strategy and models have more in common with IT startups than traditional real estate businesses, which is what makes it unique. Critics would then say that the focus on revenue growth and web expansion is what takes the requisite personal experience away from real estate process.
Quoted: Admit that revenues are a mystery. If you don't have any revenues yet, you can't say what they'll be. The point of a model is to prove you can make money if people buy your product, not to insist that they will. By developing different scenarios based on different levels of demand, you can later calibrate hiring and spending according to which scenario fits reality best.
Rich | Shared With: Everyone - Dec 17 2007 | the, business, list, advice
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I would say this is accurate.
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