#47 IT'S TIME TO DER
DER Task Force
00:00
Balancing Rigorous Strategy and Immediate Revenue in Business
In business, there is a need to balance rigorous strategy and immediate revenue generation. When there is significant uncertainty, a scientific approach is necessary to avoid running out of money. Bootstrapping requires a different mindset, prioritizing making money tomorrow over a rigorous approach. The venture model encourages founders to be smart, but in reality, the tech company building practice follows the scientific method in many ways, whether tied to venture and software or not.
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