Skip to content

Magic Tricks

Founders should prioritize context-driven strategies over blindly chasing trends, ensuring their growth approach aligns with their unique business landscape.

1 min read
Magic Tricks
magician, circus, tricks, hat, rabbit
🦉
Before Growth is a weekly column about startups and their builders prior to product–market fit.

We founders often act like petty magicians. What we do at our jobs rarely works out well. But when it does, it looks like magic. And when we watch other startups, we believe they’ve got pixie dust because we want to believe we’ve got it too. All of us have seen Uber and Airbnb succeed, so the community keeps churning out Ubers for X and Airbnbs for Y. No wonder our mental models fail us. Cargo cults fail their believers, too.

In my own work, I try to develop methods that rely on context instead. Yes, scratching your own itch is fine, but sometimes valuable opportunities lie in unknown or underappreciated markets. This is why a few years ago I chose real estate before it got trendy again and despite my limited experience in the area I worked hard to catch up. And yes, growth is good, and it’s the most important metric in emerging markets where the first-mover advantage is still available, but if you’re mistaken and your tech isn’t really transformative, the method may not be very effective.

I’m just as tired of folks who say that explosive growth is always good, as of folks who say that linear growth is intrinsically better. If some strategies work statistically better in context A, and others perform great in context B, your job is to figure which is which, regardless of what the conventional wisdom is telling you. Do that and maybe you’ll stack enough small multipliers in your favor to overcome the dreadful 60% failure rate all entrepreneurs must sooner or later come to terms with.

🙌
Thanks for being a part of Before Growth! The newsletter has grown mainly through word of mouth. Would you mind sharing it with a couple of friends who might like it too?
Startups

Kamil Nicieja

I guess you can call me an optimist. I build products for fun—I’m a startup founder, author, and software engineer who’s worked with tech companies around the world.

Comments


Related posts

The Facts Are Friendly

People and startups grow by facing reality.

The Facts Are Friendly

High Tolerance for Imbalance

Adapt or die.

High Tolerance for Imbalance

Negative Capability

How would you cope if you had to navigate from one contradiction to another over years?

Negative Capability