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Why startups fail: the user conversation problem
Executive overview
Startups fail because founders give up. Founders give up when they run out of money or energy. Both run dry when there are no users.
No users means the product doesn't solve a real problem. The most common cause: founders build what they assume users want instead of asking them.
Talk to your users — observe what they need, but don't let them prescribe the solution.
Two traps that replace user conversations
- Technical founders keep refining code instead of validating the product
- Users don't care about code quality — only whether it solves their problem
- Idea-driven founders invoke the "Steve Jobs didn't talk to users" defence
- Jobs actually spent his career deeply observing how consumers interact with technology
- The real lesson from Jobs: immerse yourself in user behaviour, not intuition alone
The doctor analogy
- Treat yourself as the doctor; users are your patients
- Listen to their symptoms and complaints
- Don't let them prescribe the medicine — that's your job
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