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What I tell founders is not to sweat the business model too much at first. The most important task at first is to build something people want. If you don't do that, it won't matter how clever your business model is.
Paul Graham
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Interpretation

What this quote means

Focus on creating a product that meets people's needs before finalizing the business model.

This quote emphasizes the importance of understanding and addressing customer needs in the early stages of a startup. Paul Graham advises founders to prioritize developing a product or service that resonates with users over perfecting the business model, as a strong market fit is key to future success regardless of how innovative the business model may be.

Themes

StartupInnovationProductBusinessEntrepreneurship

In practice

Example use cases

In a pitch meeting, you could use this quote to highlight the importance of customer feedback in product development.

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Quote by Paul Graham | QuoteProject