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RE: How does Steemit Inc. fare? A Look at the Top 20 Reasons Startups Fail
The trending is famously a disaster
I think it has already reached the notoriously stage.
For #10, read a little about “Lean Methodology”. It will be a revelation and will help your project tremendously.
But it doesn’t necessarily apply for everything. For example, it isn’t a de facto fit for blockchain development (see my recent post about misunderstanding decentralization, and the one linked in the intro of that post).
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Got this lean methodology open but first glance implies its some kind of actual product being sold, rather than an actual methodology in itself. Will peruse shortly.
I suppose it depends on how you view it. A regime is only a government your government doesn't like, after all. I personally get a lot of joy watching the drama unravel!
About the selling, it’s actually sufficient in the product validation (design) when people say they would pay for it.
This is a different platform but the whole development of your community and platform can happen on a totally lean method. Eric Ries’ book is the “base”, I would also suggest reading Ash Maurya.
I actually think Steemit Inc. has a business plan and they’re on track to make that happen. But the platform isn’t fully developed for that yet. But if you think wordpress.org and wordpress.com (especially the VIP at min $50k/month) then you’re thinking the right direction. Consultant, and also investor, and dev of “Platform as a Service” for SMTs.