How to Create a Strategy For Your Startup

Today, we'll talk about strategy - what good (and bad) strategy looks like for startups, and how most early-stage companies lack any strategy at all. Using a framework from Good Strategy/Bad Strategy, we'll explore the three core elements: diagnosis, guiding policy, and coherent action. We'll examine strategies from a stand-up comedian and GoPro as examples, before applying the framework to craft a strategy for launching a successful children's book.TackleboxIdea to Startup NewsletterThe Skeptical Startup EpisodeGood Strategy / Bad StrategyGet On Your Knees (comedy special)Go the F*** to Sleep00:29 The Skeptical Startup1:58 Strategies vs Goals3:58 The Comedian Story8:50 Smooth Jazz9:30 Bad Strategy11:38 Fluff12:12 Failure to Face the Challenge13:19 Mistaking Goals for Strategy14:50 GoPro17:16 The Kernel of a Successful Children’s Book19:56 Guiding Policy20:50 Coherent Action21:24 The End + You