Common Mistakes That Start-ups Make
\r\nAnd the main reason why I think this is important is because people \r\noften make decisions with the wrong information. So they make decisions\r\n far into the future, based on information they have today. You’re \r\nbetter off making decisions today based on information you have today \r\nbecause that’s when you make your best decisions. You make your best \r\ndecisions when you have the best information. That’s always right now. \r\nYou and I know more about this interview right now then we did three \r\nmonths ago. So, you can ask me a new question right now. If you had \r\nall your questions, you have some written now, but if you had all of \r\nthem written out and never changed your ideas on the questions you might\r\n want to ask, the interview wouldn’t be as good as you can say, "Jason \r\njust said something now I can ask something else." So, that’s why... \r\nthat’s the agile side of it. So there’s a little bit of planning, but \r\nthere’s the agile side of paying attention to the information you have \r\nright now. And that’s why I don’t like the big long plans because \r\nyou’re saying in two years you’re going to be here and in three years \r\nyou’re going to be here. Well you’re just saying that based on \r\ninformation you have today. It’s not really going to be any good in two\r\n years. The best information today is the information you have today \r\nand that’s the information you have to make decisions.
Recorded on July 22, 2010
Interviewed by Peter Hopkins
Competition doesn't put start-ups out of business. Rather the businesses tend to put themselves out of business by hiring the wrong people, being afraid of making money, and spending too much early on.
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
- A new report by Oxfam argues that wealth inequality is causing poverty and misery around the world.
Moans, groans, and gripes release stress hormones in the brain.
Participants sought to go the entirety of February without so much as a moan, groan, or bellyache.
- Facebook and Google began as companies with supposedly noble purposes.
- But pressure to return value to shareholders came at the expense of their own users.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.