Saturday, April 14, 2012

Rachleff's Law of Startup Success



The #1 company-killer is lack of market.
Andy puts it this way:
  • When a great team meets a lousy market, market wins.
  • When a lousy team meets a great market, market wins.
  • When a great team meets a great market, something special happens.
You can obviously screw up a great market -- and that has been done, and not infrequently -- but assuming the team is baseline competent and the product is fundamentally acceptable, a great market will tend to equal success and a poor market will tend to equal failure. 

Market matters most.


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