Speed kills…but only if you aren’t running a startup
Everything about high growth startups revolves around speed. We hustle. We build product in sprints. We are running consecutive marathons as fast as we can. It is a culture of keep up or get out of the way. Too much process removes agility.
Speed. Always speed.
Later-stage companies aim to perfect. Startups aim to release and then perfect.
Later-stage companies manage top-down. Startups empower the team to manage themselves.
Later-stage companies control decision making at the C-Suite. Startups enable decisions to be made closer to the action.
Building a culture of action has its risks — we’ve all released product that was almost ready — but the greatest risk is to be an early stage company but act like an incumbent.