The phrase “slow is fast” is well known in engineering circles. It has origins in the military phrase “slow is smooth and smooth is fast”, and it’s a form of uncommon sense. Everybody seems to know it’s true, but very few companies are good at putting it into practice: particularly when they’re under pressure and they need it the most.
The teams with the best results were those that kept up the research on an ongoing basis. It seems that six weeks was the bare minimum for a two-hour exposure dose. The teams with members who spent the minimum of two hours every six weeks saw far greater improvements to their design’s user experience than teams who didn’t meet the minimum. And teams with more frequent exposure, say two-hours every three weeks, saw even better results.
Just make sure that if you’re competing with one of the giants, you’re not working on one of their top three priorities. What do you think the top three are for each of Facebook, Amazon and Google? Reply with your answers and I’ll leave my guesses there also.
Engineering is not the art of building devices; it’s the art of fixing problems. Devices are a means, not an end. Fixing problems means first of all understanding them — and since the whole purpose of the things we do is to fix problems in the outside world, problems involving people, that means that understanding people, and the ways in which they will interact with your system, is fundamental to every step of building a system. (This is so key that we have a bunch of entire job ladders — PM’s and UX’ers and so on — who have d…
Because token launches can occur in any country, the importance of coming to the United States in general or Silicon Valley / Wall Street in particular to raise financing will diminish. Silicon Valley will likely remain the world’s leading technology capital, but it will not be necessary to physically travel to the United States as it was for a previous generation of technologists.
So, the truth: Right now, today, in 2016 is the best time to start up. There has never been a better day in the whole history of the world to invent something. There has never been a better time with more opportunities, more openings, lower barriers, higher benefit/ risk ratios, better returns, greater upside than now. Right now, this minute. This is the moment that folks in the future will look back at and say, “Oh, to have been alive and well back then!”
A recent PayScale survey revealed that the employee turnover rate among Fortune 500 companies is greatest in the tech industry. PayScale’s data also indicates that the average job tenure for all employees today is 3.68 years.
And also — the choice isn’t always so binary. Many successful SaaS start-ups bootstrap to $1m in ARR or so, and then raise their first external capital to grow faster. That still adds time to the journey. But it lets you skip the dilution associated with a seed round…