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Adam
December 31, 2021
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Should we put a cap on billionaires’ wealth: Pros and cons of having extremely wealthy individuals in the society

Power run-away problem It is not difficult to see that money, power, and influence are not mutually exclusive and one can bring the others. An extremely wealthy individual has the means to establish a media, influence the outcome of elections, or run for political office and push their own agenda as we saw in the […]

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Adam
December 10, 2021
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The struggle between being a CTO or a CEO: Introvert vs Extrovert

If you are working on your startup, chances are you are a technical founder, an engineer, a scientist, or a builder. Most builders are introverts. Of course, there are exceptions, but this is true about most. Say, you are a technical solo founder and want to raise money, hire engineers, sell, etc. You need to […]

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Adam
October 23, 2021
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When is the right time to quit your job for entrepreneurship?

We hear all these heroic stories about people who quit their jobs and build a billion-dollar company as if all you need to do is quit or drop out of school to succeed. What we don’t hear about is the thousands of people who fail to make that dream a reality. Even though there are […]

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Adam
September 25, 2021
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How to go from user interviews to building our MVP

Previously, we talked about prioritizing the features and had an introductory look into the matter. In this post, we will dive deeper and take into account the time and resources that it takes to develop a feature. After talking to users, we will have a good idea about the set of value propositions we can […]

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Adam
September 19, 2021
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How to prioritize features based on user needs?

There are two factors that we should pay attention to when developing the product. How important the need for the features is to the user and how satisfied they are with the existing solutions out there. According to Dan Olsen in his book “The lean product playbook”, the hierarchy of web user needs from the […]

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Adam
September 4, 2021
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The process of discovering customers

Knowing your customer is the very fundamental step in finding a product-market fit. Different customers will have different needs. It is the job of the founders to probe and tune the product to an identified need. We can make all kinds of assumptions about our market, but we will never truly know if the customer […]

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Adam
September 3, 2021
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Building a business: Chess or Backgammon?

Random or organized, luck or hard work? Which one is it? I used to think building a successful business is just like throwing the dice. I could not be more wrong. That’s why you should not give up easily when things go south as they always do! Things always go wrong. What matters the most […]

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Joe Prishna
September 2, 2021
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What should we do after coming up with an exciting new business idea?

The first thing that happens to us after coming up with a new idea is getting excited. The more excited we get about an idea, the more we just want to do it. Starting on a new and exciting idea is like falling in love at the first sight, exciting, pure, and wild. Those feelings […]

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Adam
August 30, 2021
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The destructive power of distraction

Every day, every hour, every minute, everywhere we look, there is something that is trying to steal our attention. Ads on the walls, flashy websites, phones in our pockets, smartwatches on our wrists, they are all trying to make someone money. Never in the history of humankind have we had so much distraction in our […]

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Joe Prishna
August 24, 2021
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Customer Discovery Template

Hi all, how are you doing? My name is Joe and I’m helping IdeaCooker with its awesome mission alongside with Adam. We’re helping companies build something that people want. Whether what people want is a new product or just a simple feature that we’re adding to our existing product. We have talked about customer interview […]

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