A decade ago, people realized the right way to build startups was to flip this approach around. This works great if you're making version 14 of an iPhone with iterative tweaks or adding another layer of a service to a consulting practice. But it doesn't work horribly if you're trying to build something new. Everything is downstream of step one, finding people and getting their attention. So do that first. Building something that's flexible and easy toIterate on is step two. Make sure the thing works before you heavily invest in it.

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