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Feel the Boot

54. What projects to prioritize, and which you should kill, in your startup

Apr 23, 2021
14:32

Today I want to address a problem faced by many founders, prioritizing development projects in the face of conflicting opinions and pressures. Because resources are usually critically limited, you must narrowly focus your development resources. What are you going to build, and more importantly, what will not get built? The problem compounds when you are a non-technical founder/CEO, and your CTO, developers, investors, or others are pushing to prioritize specific projects about which you have doubts.

 

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0:00 Introduction

2:54 What Not to Build

10:08 What to Build

 

I recently advised two founders in this situation. One was pressured by their CTO and the other by a potential angel investor. In both cases, they wanted to re-implement third-party code they had licensed and which was performing adequately. These applications were core to their business but fairly commonplace with the same basic functionality available from multiple vendors. Writing their own version would be a significant undertaking.

It can be challenging for founders to push back against more technical team members because they hired them for precisely those missing skills.

The trick is to avoid having a technical debate. Reframe the discussion in terms of business needs and priorities. Start the discussion by looking at your options in the context of the company’s limited development resources. It is usually a zero-sum situation where every effort displaces something else. Typically, there are many projects on the roadmap which are absolutely essential to your growth.

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