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Thursday, February 08, 2007

The 6 Startup Lessons for the Year 2007

Finished reading the blog post called 6 Startup Lessons for the Year 2007. Generally speaking, it is advocating startup to focus on a niche instead of a large audience. It is because a niche usually has less competition and more royal customer.

The six lessons are:
  • Divide and Conquer, Differentiate or Die
  • Generally Speaking, the Smaller the Niche, the More Loyal the Users Become
  • Focus
  • No Small Market is Small Enough
  • Mind Numbingly Simple
  • Bubble Burps (Note: I think it is talking about creating a new market instead of following others)
These are not new ideas, but it is good to remind ourselves from time to time.

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