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BoneChat #25 short - Michael Simpson explains why running a lean startup works.

5 May 2024 · 0 min

Watch on YouTube

0:22

Michael Simpson explains why lean startups work: monitor every expense closely and don't hire a big sales team before your product is ready. Discipline on spending and product focus matter more than scaling fast.

And I go back to what we've been able to accomplish with just a little money. And it's because the way we, we as a group run the company. So we watch every penny we spend. We really do. And I think that's important when you're doing startups. You've got to— don't, don't get in front of your product. Don't get too far in front of your product. And what I mean by that is don't go hire 20 sales guys to sell something you haven't even released yet.

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