Andrew Wilkinson

Andrew Wilkinson quotes on starting a company

Co-founder of Tiny. Owners of Dribbble, MetaLab, and many others. Buying, starting and investing in wonderful internet businesses since 2007.

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1

If there’s one thing I’ve learned from the last 5 years, it’s this: Starting companies is really hard. Tweaking existing companies to make them better is much easier and sometimes just as fun.

2

One of the most important questions to ask when starting a business: Historically, what is the net margin in this industry? Owning a high (15-40%) net margin business is like riding a bike in the right gear 🚴‍♂️ You get 10x further with less effort.

3

Recipe to launch a new business super fast: 1. Have a great idea 2. Validate idea (napkin math, estimate margins, etc) 3. Find scrappy GM/operator who can spin up all the high level with your guidance 4. Incentivize them appropriately 5. Give timely feedback and intros 🚀

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