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Process

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One of the things that is totally important for startup success is to have a disciplined process to execute.  This is one reason why a lot of VCs recommend that a startup only raise enough money to last 12-18 months. It forces discipline.  It forces entrepreneurs to put in place repeatable processes.  In an ironic twist, having disciplined repeatable processes will allow the team to be very creative and it can be very freeing allowing the startup to explode if management manages correctly.

It works on a smaller scale too.  I am doing a rehab on my apartment now.  The contractor made a few mistakes on process early in the job.  That causes a bullwhip effect.  Minor mistakes in process can cause big problems later.

The founder might have vision, might be creative, might be well informed about what they are attacking but if they don’t install process right away it will be harder for them to win.


Source: http://pointsandfigures.com/2018/12/30/process/



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