Move fast or die: Key startup lessons

Doesn't work for everything. Healthcare for example takes forever

Some of this stuff only works in areas where bugs/errors have no real consequences - "We would celebrate the first time someone broke something." Imagine you are building a trading algorithm and the bug is that you aren't properly keep track of open orders. That's how you get Knight Capital disaster. Or imagine the bug is you charge a customer credit card 10x instead of 1x for the order, etc etc etc. This "ship fast blah blah blah" is fine when your product has no consequences (e.g. some photo sharing app)

Also - not sure why they have this mindset that if you don't move fast you die? Depending on what you are working on - you may be solving a problem that has few parallels. If you solve it slowly, it doesn't mean someone can just come and eat your cake; some problems very few people/teams can solve.

And #4 is absolutely stupid. So trivial to game if you reward ppl who solve easy problems fast. Then everyone is racing to take easiest problem, add fix, commit to get promoted. Who want to touch the hard problems that require deep thought and lot of skill to implement if there is no reward? lol so absolutely STUPID it's mind boggling.

Crucial lesson to give attention while building a startup. When you make quick actions, even if you make a mistake you will still have a time to fix it. However, if you wait long to go on production, probably you will not have enough time to fix those mistakes.

I'd definitely agree with this. Ship it FAST!

BUT

You don't want to compromise other areas of the business like customer research, for example, just to get the product out. A product on the market with no PMF is going to fail whatever way you look at it.

Very interesting and thought-provoking post.

I find (4) unusual though. Isn't that just rewarding quantity over quality?