Passion, Talent, Disruption

I was reading an article on Techcrunch about the rapid rise in fortunes of Fab.com.

The founders were previously working on a startup in a completely unrelated field. Things weren’t going too well, so they sat down to figure out their next pivot.

Their process was super, super simple, and I love it for this reason.

They drew a circle with three lines, each segment containing a question. The answer to this decided what their pivot should be.

Here’s another great insight from the article:

Goldberg has a philosophy in product development — you can’t iterate your way into a business model.