1 July 2007
Web App Autopsy
Posted by Mikhail Esteves under: General .
Some of the most difficult questions about a startup have to do with making predictions about the future. Estimates are just part of the game if you’re trying to manage the precious few resources you have at various points in the beginnings of your company. The problem is we’re all pretty terrible about extrapolations because if you’re an entrepreneur, by definition, all your estimates will be wildly optimistic.
Making mistakes about your skills and speed can lead you to hold off on a billing system until the last minute or estimate that you have 1 month to launch when you really have 4. And if you’re not careful, hubris might kick in and have you predicting a $1 million in revenue within 8 months of launch.
