Start-ups Don't Starve, They Drown

Drowing ManA former colleague who worked with me at a couple different start-ups had this quote at the top of his white board at all times:

“Start-ups don’t starve, they drown.”

The point is simple – very few of our organizations have a lack of opportunity, or things to do. One of our most important jobs is to choose the right things to do on a daily basis, and ensure our priorities are well thought-out and are kept in perspective, despite the daily fire drills and interruptions that fight for our time.

Author Om Malik recently wrote about the downsizing of Joost, and offered a similar, thoughtful perspective:

“Joost hired too many people, too quickly. It never behaved like a start-up but instead felt like a grown-up company with too many bureaucratic layers.”

Remember what your mom used to say when you took too big of a bite? If you’re not careful, you’re going to choke. Start-ups are just like that. Unless you focus, you’re going to choke.”


Matt Heinz is principal at Heinz Marketing, a sales & marketing consulting firm helping businesses increase customers and revenue. Contact Matt at matt@heinzmarketing.com or visit www.heinzmarketing.com.

Posted in

Matt Heinz

NEVER MISS ANOTHER NEWSLETTER!

Categories

LATEST BLOGS

Credit Card Shenanigans

By Braden Kelley | June 16, 2006

It must be great to be in the credit card business in the United States. Demand is relatively inelastic and regulation is lax, so you can charge whatever you want for an interest rate, increase your fees once or twice a year, and make additional money off cash withdrawals and foreign exchange transactions.

Read More

Building an Experience

By Braden Kelley | June 15, 2006

As people become ever more immune to traditional advertising and marketing, branding will become more important. Branding is all about building an emotional connection with customers. Making the decision to follow a strategy focused on building a brand is not without peril, however, as it means that you will have to choose to not do certain things, like pursue a low price strategy.

Read More

Leave a Comment