The idea state machine
Think of the idea state machine above as a recipe that tells you what to do next.
How to develop a good idea?
- Develop a bird's eye view of the idea maze
- understand all the permutations of the idea and the branching of the decision tree
- gaming things out to the end of each scenario
- Develop an obsession with the market / the idea maze
- Study historical players that failed or succeeded in the maze
- Think deeply about others who have gone before you and failed or succeeded
- Explain how you are different or you will navigate it better
The Execution Mindset
The execution mindset is in two parts:
- do the next thing on the todo list
- rewrite the list in response to progress
The list is essentially the plan - stay focused on what needs to happen and be flexible to "rewrite" the list in response to progress.
References
- Startup Engineering Lecture 5
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