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	<title>Comments on: The Story of Hammer and Nail (and Startups)</title>
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	<description>We Heart Startups!</description>
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		<title>By: Trix</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-117480</link>
		<dc:creator>Trix</dc:creator>
		<pubDate>Wed, 13 Jan 2010 11:21:11 +0000</pubDate>
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		<description>Mr Sinha ? Are you a venture capitalist? - I just have a difference of opinion. Most people who judge the proposals do not have the skills or capacity to judge. They are basically investment professionals who have superficial knowledge abt companies and solution methodologies.
We wish there were sparter Technology professionals who may be in a Position to appreciate - scientific solutions and approach better.(Guys needn&#039;t nescessarily be Harvard/Stanford/IIT cndidates).I am speaking out of experience.
I just submitted a proposal to a vc -saying i needed some investment to operate a small data center to host my solution. He replied back to me .We understand you are in the software business.Data center business is hardware business.We cant see linkage between the two business.
Potato sellers and Business Men have one thing in common. The Only thing they can measure with is money.Otherwise they are more or less empty.By practice they also use hi fi words like market traction and 
customer data.

You would understand the point - if you could understand how difficult a job is to build compilers ,operating systems and Development environments and how easy a job of a businessman is - to nearly Blow away 33 Billion dollars in buying a search engine.
The company is a famous company - in the software business.

I suggest - one should prepare onself skilfully ,to go about judging other works.</description>
		<content:encoded><![CDATA[<p>Mr Sinha ? Are you a venture capitalist? &#8211; I just have a difference of opinion. Most people who judge the proposals do not have the skills or capacity to judge. They are basically investment professionals who have superficial knowledge abt companies and solution methodologies.<br />
We wish there were sparter Technology professionals who may be in a Position to appreciate &#8211; scientific solutions and approach better.(Guys needn&#8217;t nescessarily be Harvard/Stanford/IIT cndidates).I am speaking out of experience.<br />
I just submitted a proposal to a vc -saying i needed some investment to operate a small data center to host my solution. He replied back to me .We understand you are in the software business.Data center business is hardware business.We cant see linkage between the two business.<br />
Potato sellers and Business Men have one thing in common. The Only thing they can measure with is money.Otherwise they are more or less empty.By practice they also use hi fi words like market traction and<br />
customer data.</p>
<p>You would understand the point &#8211; if you could understand how difficult a job is to build compilers ,operating systems and Development environments and how easy a job of a businessman is &#8211; to nearly Blow away 33 Billion dollars in buying a search engine.<br />
The company is a famous company &#8211; in the software business.</p>
<p>I suggest &#8211; one should prepare onself skilfully ,to go about judging other works.</p>
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		<title>By: Rushabh</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-112016</link>
		<dc:creator>Rushabh</dc:creator>
		<pubDate>Mon, 07 Sep 2009 18:54:48 +0000</pubDate>
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		<description>Hi Ashish,

I disagree with you. The problem statement can wait. Here is my argument:

1. It is important to have high technical skill levels to build a good product or practice. Most founders start with poor skill levels, so its a good idea to develop them first. 

No point finding a nail when you have nothing to fix it with.

2. Technology is really hard to crack (relatively speaking). For an average learner like me, it takes me 2-3 years to have high skill levels (in my opinion) in my field (web app development). I&#039;ve been in business for over 2-3 year now and it is only recently that I am adapting my self to being customer centric - finding the nail.

3. For most people, its hard to do business and technology together because technology is a mostly introverted activity requiring focus, whereas business is usually extroverted and requires sensing opportunity.

My Conclusion: If a founder starts at lower skill levels then there must be realistic expectations. Don&#039;t expect to break out in the first 3-4 years and you should be fine. For that you must be prepared to have the &quot;staying power&quot; for those 3 odd years. I would also recommend not making business plans unless you have a hammer first.

cheers,
Rushabh</description>
		<content:encoded><![CDATA[<p>Hi Ashish,</p>
<p>I disagree with you. The problem statement can wait. Here is my argument:</p>
<p>1. It is important to have high technical skill levels to build a good product or practice. Most founders start with poor skill levels, so its a good idea to develop them first. </p>
<p>No point finding a nail when you have nothing to fix it with.</p>
<p>2. Technology is really hard to crack (relatively speaking). For an average learner like me, it takes me 2-3 years to have high skill levels (in my opinion) in my field (web app development). I&#8217;ve been in business for over 2-3 year now and it is only recently that I am adapting my self to being customer centric &#8211; finding the nail.</p>
<p>3. For most people, its hard to do business and technology together because technology is a mostly introverted activity requiring focus, whereas business is usually extroverted and requires sensing opportunity.</p>
<p>My Conclusion: If a founder starts at lower skill levels then there must be realistic expectations. Don&#8217;t expect to break out in the first 3-4 years and you should be fine. For that you must be prepared to have the &#8220;staying power&#8221; for those 3 odd years. I would also recommend not making business plans unless you have a hammer first.</p>
<p>cheers,<br />
Rushabh</p>
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		<title>By: SlicedBread &#124; Who Are You ?</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111345</link>
		<dc:creator>SlicedBread &#124; Who Are You ?</dc:creator>
		<pubDate>Thu, 20 Aug 2009 09:11:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/#comment-111345</guid>
		<description>[...] Ashish wrote a post about the importance of recognizing exactly what business you are in. [...]</description>
		<content:encoded><![CDATA[<p>[...] Ashish wrote a post about the importance of recognizing exactly what business you are in. [...]</p>
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		<title>By: surabhi</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111295</link>
		<dc:creator>surabhi</dc:creator>
		<pubDate>Wed, 19 Aug 2009 09:09:54 +0000</pubDate>
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		<description>Cannot agree any more with the author of the post !</description>
		<content:encoded><![CDATA[<p>Cannot agree any more with the author of the post !</p>
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		<title>By: Sameer</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111289</link>
		<dc:creator>Sameer</dc:creator>
		<pubDate>Wed, 19 Aug 2009 08:17:53 +0000</pubDate>
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		<description>Satpal, look at the question from the pov of having a clear USP to
a) those who&#039;re users
b) those who&#039;re paying for it.

When I say &quot;clear&quot; USP, the adjective in it is very very important. An email service basically helps ppl write letters 1-to-1, to groups. A photo upload service helps people save and share pictures with those who&#039;re interested in seeing those (friends, family, one&#039;s own self!). 

Startups sometimes focus on the frills (features/value-adds) before nailing the identity problem, and obviously invent more and more features to keep trying to attract an audience. Its usually one or two core things that make or break your service/product. Nail those first. Whether its a new market, or existing need, or whatever - but nail those first, and do not try NOT taking a stand by trying to suit everyone&#039;s need &quot;extensibly&quot;. If you&#039;re not clear about exactly what way you help users, no user ever will.</description>
		<content:encoded><![CDATA[<p>Satpal, look at the question from the pov of having a clear USP to<br />
a) those who&#8217;re users<br />
b) those who&#8217;re paying for it.</p>
<p>When I say &#8220;clear&#8221; USP, the adjective in it is very very important. An email service basically helps ppl write letters 1-to-1, to groups. A photo upload service helps people save and share pictures with those who&#8217;re interested in seeing those (friends, family, one&#8217;s own self!). </p>
<p>Startups sometimes focus on the frills (features/value-adds) before nailing the identity problem, and obviously invent more and more features to keep trying to attract an audience. Its usually one or two core things that make or break your service/product. Nail those first. Whether its a new market, or existing need, or whatever &#8211; but nail those first, and do not try NOT taking a stand by trying to suit everyone&#8217;s need &#8220;extensibly&#8221;. If you&#8217;re not clear about exactly what way you help users, no user ever will.</p>
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		<title>By: satpal</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111263</link>
		<dc:creator>satpal</dc:creator>
		<pubDate>Tue, 18 Aug 2009 15:39:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/#comment-111263</guid>
		<description>This the very reason i do not prefer &#039;business plans&#039;. This whole &#039;business plan&#039; business assume startups as predictable and rational activity with well defined milestones and end points which they are not. I assume this is why MBA&#039;s school, incubators and institutionalized entrepreneurship do not deliver.
You can make a plan for mom-n-pop corner store but real entreneurship is all about learning, flexibility and persistence. Core activity of venture is to experiment and learn. This is where risk is involved. Rational mind try to control this very activity and kill the essence of startups existence.



Coming to ‘What Business am I In’ part. I think this is wrong question for a startup to answer. I believe if any our model startup have tried answering thins we would never have a Microsoft, Google, twitter. Can anyone answer in what business google is today? technology or media? What about twitter? 

Even if got a reliable answer to it how it help me anyway?  Twitter is is communication business?  But there is no since communication technology company who made money. Did Microsoft ever able to get ROI from 400 million they paid for Hotmail? Does any one make money from IM&#039;s?. I doubt.
They say premature optimization is the root of all evil. Any attempt to answer this question is like premature optimization of startup for me.</description>
		<content:encoded><![CDATA[<p>This the very reason i do not prefer &#8216;business plans&#8217;. This whole &#8216;business plan&#8217; business assume startups as predictable and rational activity with well defined milestones and end points which they are not. I assume this is why MBA&#8217;s school, incubators and institutionalized entrepreneurship do not deliver.<br />
You can make a plan for mom-n-pop corner store but real entreneurship is all about learning, flexibility and persistence. Core activity of venture is to experiment and learn. This is where risk is involved. Rational mind try to control this very activity and kill the essence of startups existence.</p>
<p>Coming to ‘What Business am I In’ part. I think this is wrong question for a startup to answer. I believe if any our model startup have tried answering thins we would never have a Microsoft, Google, twitter. Can anyone answer in what business google is today? technology or media? What about twitter? </p>
<p>Even if got a reliable answer to it how it help me anyway?  Twitter is is communication business?  But there is no since communication technology company who made money. Did Microsoft ever able to get ROI from 400 million they paid for Hotmail? Does any one make money from IM&#8217;s?. I doubt.<br />
They say premature optimization is the root of all evil. Any attempt to answer this question is like premature optimization of startup for me.</p>
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		<title>By: poseidon</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111245</link>
		<dc:creator>poseidon</dc:creator>
		<pubDate>Tue, 18 Aug 2009 10:34:18 +0000</pubDate>
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		<description>I will put it in this way: Instead of selling your products to customers, sell customers products they are looking for. Notice that customer always comes first in the equation.</description>
		<content:encoded><![CDATA[<p>I will put it in this way: Instead of selling your products to customers, sell customers products they are looking for. Notice that customer always comes first in the equation.</p>
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		<title>By: Pratyush</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111244</link>
		<dc:creator>Pratyush</dc:creator>
		<pubDate>Tue, 18 Aug 2009 10:07:39 +0000</pubDate>
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		<description>Ashish - this is a very good and small post on the basic challenge that many startups encounter and fail at. One hears constantly of &quot;pain points&quot; to address but almost 1 in a 1000 is actually creating value for the end user.

Incidentally I just finished reading a post on Steve Jobs where someone describes him as the World&#039;s best end user - I couldnt think of a better way to epitomise the person. 

I also relate strongly to the &quot;business problem&quot; question. A lot of techies get into the hardcore technology aspects without thinking the business basics. That might work in a few cases, but the ultimate goal IS ALWAYS making money IMHO.</description>
		<content:encoded><![CDATA[<p>Ashish &#8211; this is a very good and small post on the basic challenge that many startups encounter and fail at. One hears constantly of &#8220;pain points&#8221; to address but almost 1 in a 1000 is actually creating value for the end user.</p>
<p>Incidentally I just finished reading a post on Steve Jobs where someone describes him as the World&#8217;s best end user &#8211; I couldnt think of a better way to epitomise the person. </p>
<p>I also relate strongly to the &#8220;business problem&#8221; question. A lot of techies get into the hardcore technology aspects without thinking the business basics. That might work in a few cases, but the ultimate goal IS ALWAYS making money IMHO.</p>
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		<title>By: Raseel</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111236</link>
		<dc:creator>Raseel</dc:creator>
		<pubDate>Tue, 18 Aug 2009 07:17:07 +0000</pubDate>
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		<description>Being an Embedded software geek myself, I can totally relate to the situation described. Techies do tend to live in a bubble .... well, atleast most of us, the remaining are gifted :-D.

It takes tremendous focus and even discipline to evaluate a business idea from a non-technical perspective. 

That&#039;s why while Ashish has seen 85 BPs, I have discarded atleast 10 of mine ;-)</description>
		<content:encoded><![CDATA[<p>Being an Embedded software geek myself, I can totally relate to the situation described. Techies do tend to live in a bubble &#8230;. well, atleast most of us, the remaining are gifted <img src='http://www.pluggd.in/wp-includes/images/smilies/icon_biggrin.gif' alt=':-D' class='wp-smiley' /> .</p>
<p>It takes tremendous focus and even discipline to evaluate a business idea from a non-technical perspective. </p>
<p>That&#8217;s why while Ashish has seen 85 BPs, I have discarded atleast 10 of mine <img src='http://www.pluggd.in/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
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		<title>By: marvin</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111235</link>
		<dc:creator>marvin</dc:creator>
		<pubDate>Tue, 18 Aug 2009 07:10:25 +0000</pubDate>
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		<description>@ rishir ur point only means using a heavier hammer or one&#039;s own ass to finally punch the nail into the fora ... lolz.</description>
		<content:encoded><![CDATA[<p>@ rishir ur point only means using a heavier hammer or one&#8217;s own ass to finally punch the nail into the fora &#8230; lolz.</p>
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		<title>By: Rishir</title>
		<link>http://www.pluggd.in/product-strategy-hammer-nail-syndrome-with-startups-297/comment-page-1/#comment-111232</link>
		<dc:creator>Rishir</dc:creator>
		<pubDate>Tue, 18 Aug 2009 06:49:54 +0000</pubDate>
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		<description>Mr. Sinha,
Why is it always necessary for business to &#039;solve problem&#039;, sometimes it might be &#039;I can solve problem in better way&#039; OR &#039;Soultions, show that there was problem, which was never realized, and now we have already solved it&#039;</description>
		<content:encoded><![CDATA[<p>Mr. Sinha,<br />
Why is it always necessary for business to &#8216;solve problem&#8217;, sometimes it might be &#8216;I can solve problem in better way&#8217; OR &#8216;Soultions, show that there was problem, which was never realized, and now we have already solved it&#8217;</p>
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