Glad to see so many Mark Suster fans. I really love reading his Blog and watching his This Week In VC show its really eye opening.
As for the "Fail Fast" mantra I think if people are hearing that term and not understanding the overall concept of "Failing Fast" in terms of Lean Startup Methodology and Customer Discovery then it can be very dangerous. I think most innovative and leading businesses are made through consistent failures because if you are not failing it means you are not trying some new and therefore not innovating. To not fail means you are always copying someone else's success which can help keep you near the top but you will never be at the top. Which to be honest isn't such a bad tactic but really not much fun in my mind. The great thing with all these incremental failures is they require you to make a decision to either try something new (iterate) or to give up and I don't think that's the mantras fault but more part of a persons personality. So many people will quit if something goes wrong. They say ahh well I tried, to bad I gave it good go. Done. Others will say well I tried and I failed but..... I got a little closer. To me its an insatiable thirst for wanting to know what the answer is. What the answer is to the question or the hypothesis in your head about this business model, this customers pain, this service or product because until we actually try something we will never know but before we start we need to know what question we are trying to answer. If we don't know this the goal posts are always moving and we never need to take a hard look at where we started and say hang on we are way off track. Is this still were we wanted to go. Is there still a business model here. If not what other options do we have. That to me is the difference. To me life is all about asking questions and finding answers. Whats the answer to life? Just another question :) thats why its so interesting. Imagine if we knew the answer to everything and knew that that Eureka moment! In my opinion if you have someone that doesn't have that thirst to want to learn more, to find that answer and isn't interested in digging a little deeper then maybe they are either digging in the wrong place or not cut out for this type of role. Saying that you can get people who will do whatever they can to find the answer but are also so blinded that they don't see the bigger picture or really take the time to understand what the other failings taught them or the don't want to acknowledge the truth. So in my mind Dylan +1 mate "Learn Fast" has my vote! -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
