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A batch of the best highlights from what Edwin's read, .
The mainstream of economics, then as now, pretty much tries to describe the economy as if it shouldn’t change. If it is changing, it’s changing towards an equilibrium, where it won’t have to change any more. Schumpeter noticed that this is not how it works2. Both the economy as a whole and individual businesses change constantly. His model of the latter, in his Theory of Economic Development3, explains how some entrepreneurs make an unusually large amount of money.
Schumpeter on Strategy
reactionwheel.net
This review should ensure that every project that goes into development can be shipped within one quarter. The rule we had at Yammer is that projects would be assigned 2 to 10 engineers for 2 to 10 weeks. Similar to Jeff Bezos’ two-pizza rule, _____WB$wombat$check$this$function_____(this) meant that the absolute biggest strategic priority could get 10 engineers for 10 weeks. If the product couldn’t ship in that time, it needed to be shrunk down to something more MVP. This requirement improves the reliability of release dates and allows for user feedback before over-investing in a new product.
The Cadence: How to Operate a SaaS Startup
medium.com
Your product’s story is its design, its features, images and videos, quotes from customers, tips from reviewers, conversations with support agents. It’s the sum of what people see and feel about this thing that you’ve created.
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