Should I Start A Consumer Startup Or A Business-to-business Startup
Consumer startups are a lottery ticket. Take Twitch.tv vs Atrium for example.
In the case with Twitch, nobody believed there was a market in streaming video over the internet. Even as founders they were skeptical there was business. On the bright side, there was also no competition because nobody believed it was worth competing. Justin and Co got all the time to figure our their product market fit, even with all the mistakes they'd made along the way.
Atrium, on the other hand, is a business that requires a structured and a measured approach. Now that Justin knows how to raise capital and to put together a team ...etc, he's got an upper hand when compared to Justin at 22, winging it along the way. Consumer startups are like a lottery ticket, which is why most mature entrepreneurs prefer to play the b2b game.
On this episode
- How Did Justin Kan Rise To Fame
- Why Would You Leave A Cushy Job As A Partner At Y Combinator And Start Another Company
- What Is The Difference Between Market Risk Vs Execution Risk
- Should I Start A Consumer Startup Or A Business-to-business Startup
- Should You Raise A Lot Of Money Or Bootstrap To Profitability
- How Do You Deal With Stress As A Startup Founder
- What Influences Justin Kan's Social Media Stream
- Why Is Justin Kan Removing Attachments Form His Life
- What Is The Best Way To Find A Mentor For My Startup
- What Is The Meaning Of Culture Eat Strategy
- What Is The Central Ethos To How Justin Kan Builds Companies
- How Do You Manage Expectations Once You've Succeeded As Entrepreneur
- What Is Justin Kan Reading Right Now
- What Is One Advice You Would Give To An Entrepreneur Who Is Just Getting Started