How to:

  1. Compress your y-axis
  2. Choose your x-axis
  3. Lower expectations
  4. Choose your y-axis
  5. Use absolute and growth numbers
  6. Tell a story of a customer
  7. Benchmark against a known competitor
  8. Annotate a graph
  9. Using testimonials as traction (don’t)
  10. Using press as traction (don’t)
One of my tricks for generating startup ideas is to imagine the ways in which we’ll seem backward to future generations.
Paul Graham

A couple quotes from Paul Graham about startups that get him excited:

“…Introduce market pricing in worlds that don’t have it…”

“…startups destroying things that everyone thinks works but are artifacts…”

Right. Just like Microsoft stopped AOL from winning the early online wars. And AOL stopped Yahoo! from winning the Internet portal wars. And Yahoo! in turn killed Google when it came to search. While Google stopped Facebook in their tracks when they built a social networking company. And Facebook stomped out Twitter from building an open social network. And we know how Facebook stomped out FourSquare.

And on and on. eBay / StubHub. Amazon / Zappos. Twitter / Instagram.

Focus wins.

Mark Suster

Sometimes just learning a new word can completely change the way you operate your business. Just one little word can have that much power. In this article that word is “Market Launch.”

The next time my investors ask me when we’re going to launch I will have two answers for them. One will be our “product launch” and the next will be our “market launch.”

This clarity is going to make my life so much easier.

“Startup Metrics for Pirates: AARRR!” by Dave McClure

What is it: A very THOROUGH framework for marketing a consumer internet product
Who needs it: Founders of consumer internet products
When you’re going to need this: Writing your business plan and executing your marketing strategy (that means, you need this to plan, and you’re going to need to revisit it to execute)

Provides a great outline in short order. Also see Part I of this series: Elevator Pitch

This is a thorough, yet brief post on how to raise money from Angels and other seed investors. It gives very tangible advice. If you’re in this stage of your startup (which we are at Pocket Tales), you can start using this information immediately.